Meme coins like Shiba Inu (SHIB) and Bonk (BONK) have recently been riding a bullish wave. However, a new meme coin, KangaMoon (KANG), now in Stage 4 of its presale, has shot up 180% in price. This rookie has caused excitement and whispers among traders, while some analysts foresee it rising by 50x in 2024. Let’s find out why.
Recently, Shiba Inu (SHIB) has been on an uptrend. According to CoinMarketCap data, the Shiba Inu price increased from $0.000009773 to $0.00002509 in the last 30 days alone, nearly 160% growth. Its market cap jumped from $5.76B to $14.79B during that time.
The technical analysis for this meme coin also paints a bullish picture. For instance, the Shiba Inu crypto trades above 50- and 100-day EMAs. Additionally, there are now 24 technical indicators in the green for SHIB. Because of all these reasons, experts have made a bullish Shiba Inu price prediction – hitting $0.000040 within Q2 of 2024.
Meanwhile, Bonk (BONK) is another meme coin that has experienced tremendous gains. Over the past month, the Bonk price grew from $0.00001323 to $0.00002054. This meme coin’s market cap rose from $837M to $1.33B in that period. This surge will be helped by the recent BONK March Madness event, which went live.
From a technical analysis standpoint, the future of the Bonk coin also appears bright. In other words, Bonk is trading above its 21-day EMA while boasting 15 green technical indicators. Market analysts note these factors when making their Bonk price predictions. Thus, they forecast a surge to $0.000044 for Bonk within Q2 of 2024.
Amid the frenzy, a new meme coin competitor has entered the ring: KangaMoon (KANG). While still relatively new, this crypto exploded onto the scene and surged an incredible 180% as its presale entered Stage 4. Traders looking for that next big breakout star in the meme coin market couldn’t help but notice.
Unlike most hype-driven meme coins, KANG will stand out as the in-game currency for KangaMoon’s upcoming play-to-earn (P2E) game. With this meme coin, users will be able to upgrade characters and buy in-game items.
Buyers are excited about this innovative meme coin as its presale has already raised over $2.2M. Projections hint that a $3M milestone can be achieved before March 2024 ends. Currently, one KANG token costs only $0.014 – a 180% rise from its starting price of $0.005. However, experts foresee a 50x growth for this meme coin once it hits exchanges in Q2 of 2024.
Another exciting aspect of KangaMoon’s presale is that active community members will be rewarded with free KANG tokens. In other words, if you like/share/comment on KangaMoon’s social media posts, you can earn KANG even before its official launch. For all these reasons, KANG has the potential to become one of the top meme coins to invest in in 2024.
While Shiba Inu, Bonk, and KangaMoon are meme coins to watch – KANG stands out. It has a low market cap of $14M plus ties to the $329M worth of the P2E games market. In other words, KANG will need far fewer new funds for its price to rise while having a higher growth ceiling than its rivals. If interested in this game-changer, follow the links below and obtain a 10% bonus.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Telegram Community: https://t.me/Kangamoonofficial
The content featured on Coinpedia's press release page is provided for informational purposes only. Coinpedia does not endorse, verify, or take responsibility for the accuracy, completeness, or reliability of any press releases or associated materials. Any views, opinions, or statements expressed in these press releases are those of the respective issuers and do not reflect the opinions or positions of Coinpedia. Coinpedia is not liable for any content, products, services, or actions mentioned in the press releases. Readers should independently verify the information before taking any actions related to the subject matter of the releases.
There are only 48 hours left to participate in the Kaanch presale at a convenient…
Sei has caught investor attention for its high-speed DeFi infrastructure and native order-matching engine, built…
The crypto markets are on the edge of closing the half-year trade with the Bitcoin…
The legal battle between the U.S. Securities and Exchange Commission (SEC) and Ripple is finally…
After seeing sky-high returns from early bets on Shiba Inu (SHIB), the meme coin crowd…
Ripple co-founder Chris Larsen recently shed light on XRP’s origins during an episode of the…
