The month of May has been largely bullish, unlike April, when the market encountered significant setbacks. With Bitcoin regaining the $66K price level in the last 24 hours, prominent market watchers have reiterated a few meme coins alongside Barbie Girl (BBG) as the best investment choices for this month.
WIF, BONK, and Shiba Inu
Solana’s trendy meme coin, Dogwifhat (WIF), leads the chart. Given its recent history, WIF continues to make the list of recommended meme coin investments. According to CoinMarketCap statistics, WIF maintains a 636% gain in its 90-day trajectory.
Similarly, BONK, the premier meme asset on Solana, has been picked by renowned market analysts as a worthy investment for this month. Like WIF, BONK has been a notable performer in the crypto market. It registered a 63% growth over the last 30 days, per CoinMarketCap statistics.
Shiba Inu (SHIB) also remains a favorable investment option, given its position as the second most prominent meme coin. Moreover, SHIB has a rich history of explosive performance.
Analysts Say BBG is The Best Option
Analysts recommending WIF, SHIB, and BONK believe the asset could engineer a 10X starting this month as Bitcoin gradually breaks the bull market doors. Meanwhile, these industry pundits believe Barbie Girl (BBG) would be a much better choice of investment than WIF, SHIB, and BONK.
This sentiment stems from the fact that BBG is the latest market entrant in the meme coin sphere. Historically, newer contenders have more potential for extraordinary trajectories than established counterparties at the threshold of their frenzies.
This view is further illustrated in the recent stunts WIF and BONK displayed. Specifically, in the first quarter of 2024, WIF registered returns exceeding 2,071%. This astonishing gain dwarfed the 800% growth BONK registered through the same period.
Moreover, WIF’s performance elevated it to the rank of the third most valuable meme coin, surpassing BONK, which preceded it in the Solana meme coin space.
Essentially, according to expert recommendations, BBG stands out as the best investment instrument in May. Aside from its new status, Barbie Girl brings a multitude of other factors to the table that cement its position as a worthy investment.
BBG Backed by Elon Musk
To begin with, Barbie Girl has garnered support from influential figures, including tech titan Elon Musk. Those who recall Dogecoin’s remarkable ascent in 2021, propelled by Elon Musk’s backing, can appreciate that BBG is poised for a similar breakout.
Furthermore, whales of XRP and the Cardano communities are participating in Barbie Girl’s ongoing meme coin presale.
Barbie Girl Roadmap
Besides, Barbie Girl has also unveiled a strategic four-phase roadmap to propel its success in the cryptocurrency market.
The initial phase is marked by the launch of BBG and an accompanying airdrop campaign. The second phase will intensify efforts with a dynamic marketing push, collaborations with key influencers, philanthropic initiatives, and community beauty contests.
The third phase focuses on listing BBG on centralized and decentralized exchanges and pursuing inclusion on CoinMarketCap and CoinGecko.
As the BBG presale is ongoing, the Barbie Girl team is offering a 10% referral bonus for each new member brought into the community. Early investors are incentivized with a 100% bonus on token purchases and the opportunity to win 1 billion Barbie Girl tokens.
Notably, BBG has a total supply of 7.7 quadrillion tokens, of which 80% are for liquidity and sales. The remaining 20% is for marketing campaigns to amplify BBG’s visibility and foster adoption.
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