Musk Eclipse (ECLIPSE) is a memecoin that was launched on 9 April, and it has rallied over 500% since its launch, but it needs to surge another 700% from its current price to touch its all-time high.
Popular memecoins such as Dogecoin (DOGE) and Shiba Inu (SHIB) have been losing steam in recent weeks, but both of these tokens still have the potential to generate 200%-300% during the next bull run.
However, many investors are choosing to pour funds into small cap memecoins, as they can buy a large percentage of the supply for a relatively small amount of money.
For example, as Musk Eclipse (ECLIPSE) currently has a market cap of around $6,000, investors can buy up 5% of the supply for just around $300.
And, if the memecoin is able to achieve a multi-million dollar market cap, like many other newly launched memecoins, early investors would see their positions surge to hundreds of thousands or millions of dollars.
Musk Eclipse (ECLIPSE), which was launched on 9 April, is currently trading at $0.00000586 – up over 500% since it launched.
However, it needs to surge another 700% from its current price to touch the all-time high it reached on its first day of trading.
Investors are targeting further gains once this ATH is reached, with many investors expecting ECLIPSE’s (D6QcGYbrpzFjVEmzARLzMC2TdFiHhWaRoieq6YMJVZf8) market cap to exceed $500,000 before the end of April.
This would generate a return of over 9,000% for early investors, and there will be plenty of potential for further, explosive price growth beyond that, especially once centralized exchange listings are announced (the coin currently can only be purchased on Raydium and Jupiter.)
Dogecoin (DOGE) and Shiba Inu (SHIB) Price Prediction
After a period of consolidation, some memecoin investors remain very bullish on Doge, while others have cashed in their profits and invested in smaller cap tokens with more potential.
However, Dogecoin is still likely to rally by at least 50%-150% during the bull run, and it will most likely outperform Shiba Inu.
Although Shiba Inu has experienced strong price growth so far in 2024, there are signs that it is losing steam and will lose momentum as we go deeper into the year.
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