The meme industry has witnessed massive adoption in the past few years. What started as fun has grown to reach $54B in Market cap. Some analysts think that the meme coin market will grow to over $500B in the year. This article looks into the 3 top meme coins that could reach a $100B valuation in 2024. They are Dogecoin (DOGE), Shiba Inu (SHIB) and Dogwifhat (WIF). Even with the growing interest in these meme coins, KangaMoon (KANG), the new meme coin, is about to stake a claim in the market.
While Dogecoin, Shiba Inu and Dogwifhat are heading to the moon, KangaMoon has come up with a unique idea to revolutionize the meme coin market. The KangaMoon project is coming up with a revolutionary platform that will reward users when they participate in various activities. The social-fi model allows users to engage in weekly, and monthly challenges and earn KANG.
Meanwhile, the Play2Earn feature will allow users to build their profiles, connect with gamers worldwide, and challenge them in fights and tournaments to test their skills. By winning matches, players will earn virtual currency and rare in-game assets that can be sold or traded in the game’s marketplace.
Unlike other meme coins that thrive on hype, the KANG token has real utility as it is used for transactions in the ecosystem. The token is in the 5th stage of its presale and sold for $0.0196. The team has seen over 6,000 presale buyers and more than 20,000 community members sign up. Having given early buyers 290% returns, analysts forecast 700% returns soon.
Notably, KangaMoon has partnered with RaidSharksBot to make the ecosystem more engaging and fun. Users who participate in the thrilling raid can win a $1000 monthly reward pool. Above all, KANG is one of the meme coins to watch out for in 2024.
Dogecoin is one of the top meme coins that brought the meme coin market into the limelight. Various tweets from billionaire CEO Elon Musk brought the token to the limelight in 2021 and saw it set an all-time high record of $0.73.
Meanwhile, Dogecoin is one of the top 10 cryptocurrencies with a market cap of $22B. Some analysts believe that the ongoing developments in the Dogecoin ecosystem, coupled with the meme market rally, could fuel a rise in Dogecoin price value. As such, DOGE is among our picks of meme tokens that will hit a $100B market cap in 2024.
Shiba Inu, the Ethereum-based meme coin has grown in popularity worldwide and is now accepted as a form of payment at hundreds of locations, either directly or through third parties. One of the unique features of Shiba Inu is Shibburn, where millions of SHIB tokens are burned weekly to stabilize the price.
Data from Shibburn shows that over $720M tokens were burned in the past week, fueling speculation that Shiba Inu’s price will surge in the coming weeks. Based on CoinMarketCap data, the token price has increased by 154% in the past year. With a market cap of $15B, more rallies could push the market cap to $100B in 2024.
The new entrant into the meme coin market, Dogwifhat, is already carving a name for itself. Launched in November 2023, Dogwifhat’s price has gained over 1,830% since then. The market cap has also moved from less than $1M to over $3.2B.
Some analysts believe that if Dogwifhat’s bullish momentum continues, the market cap might hit $100B in 2024. The growing interest in the meme coin could help it achieve its goal.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://KangaMoon.com/
Join Telegram Community: https://t.me/KangaMoonofficial
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