3 Meme Coins to Sell in March Before They Crash & Burn

These digital tokens are extremely volatile and speculative in nature

Here are three meme coins to sell in March before they crash and burn.

.Bonk (BONK): This meme coin has risen as much as 300% in a single month before its price crashes.

.Dogecoin (DOGE): The original meme coin is trading more than 70% below its all-time high reached in 2021.

.Shiba Inu (SHIB): Based on Dogecoin, this meme coin has absolutely zero purpose.

Meme coins are highly speculative and risky investments. Based on internet memes and cartoon images with no underlying function, meme coins remain the Wild West of the cryptocurrency universe. They’re also enjoying a huge rally this year. As Bitcoin (BTC-USD) hits record highs and Ethereum’s (ETH-USD) price trades above $4,000 for the first time in two years, meme coins are running hot right now.

In fact, many meme coins have enjoyed bigger gains than traditional cryptocurrencies in recent months. Some have seen their price triple year to date. Of course what goes up must come down, and in the case of meme coins they tend to come down quickly, deflating investors’ portfolios in the process. Here are three meme coins to sell in March before they crash and burn.

Like most meme coins, Bonk (BONK-USD) is volatile. However, the digital token, which is based on a dog-themed meme and has characteristics similar to altcoin Solana (SOL-USD) has been on a wild ride over the past year. Late in 2023, Bonk’s price rose 300% in only 30 days. It then quickly crashed and burned before recovering slightly at the start of this year. So far in 2024, BONK is up 90%.

Launched in 2022, Bonk serves no real purpose and it is difficult to determine the reasons for its rally as the trading of meme coins, many of which were started as a joke, is highly speculative. The listing of Bonk on several cryptocurrency exchanges such as Crypto.com appears to have been a catalyst for the digital token. That said, investors would be smart to avoid the volatility with Bonk and simply invest in Solana.