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Recently, meme coins such as Dogwifhat (WIF) and Shiba Inu (SHIB) have been on an upward trajectory. However, a new contender is emerging—KangaMoon (KANG). This Stage 5 presale star has already obtained over $4.2M and is projected to reach $5M by the end of April 2024. Some analysts foresee a $0.5 price point for KANG in 2024 – a must-have meme coin.
Dogwifhat Price Jumps Nearly 160%
Dogwifhat (WIF) has been riding a bullish wave over the past month. CoinMarketCap data shows that the Dogwifhat price increased from $1.46 to $3.85 during that time. In addition, its market cap surged from $1.33B to $3.84B. As a result, WIF is now the #4 largest meme coin in terms of market cap – flipping Pepe (PEPE).
The technical analysis of this meme coin is also bullish. For example, nine technical indicators are now in the buy zone for the Dogwifhat crypto. When making their Dogwifhat price predictions, experts in the crypto field consider all these factors. As a result, they foresee a potential price surge to $4.37 within Q2 of 2024.
Shiba Inu (SHIB): Exciting WazirX Development
Meanwhile, Shiba Inu (SHIB) has also made some exciting headlines. Notably, WazirX announced that this meme coin is now #1 on its most traded cryptos list for March 2024. This development shows that the level of interest in Shiba Inu is still sky-high.
With this bullish Shiba Inu news, a rally for it may soon come. The Shiba Inu coin value fluctuated between $0.000041 and $0.000027 over the last 30 days. Its market cap fell from $24B to $16.21B during that time. However, 23 technical indicators are in the green. Thus, market analysts predict that Shiba Inu will reach $0.000041 before Q2 of 2024 ends.
KangaMoon (KANG): Could Dominate the Meme Coin Space
Amid Dogwifhat and Shiba Inu’s ups and downs, experts say that KangaMoon (KANG) can make buyers five times richer in the next bull run. This is thanks to its community-driven model and unique utility. Plus, KangaMoon has ties to the Play-to-Earn (P2E) gaming market, which Yahoo Finance predicts will reach a value of $885M by 2028.
KangaMoon will launch a P2E game in which KANG will serve as the main in-game currency. Therefore, unlike 99% of its rivals, this meme coin has actual utility. With KANG, you can buy in-game items and upgrade characters. Moreover, holders of this meme coin will gain access to certain challenges for extra tokens and in-game items.
Not only that, KangaMoon aims to give back to its community. In other words, KangaMoon will reward the most engaged community members with free KANG before it officially launches. This has made over 20K registered community members rush to like/comment/share KangaMoon’s social media posts.
Over 5,800 traders are currently holding KANG. Those who bought it early on are enjoying a 290% ROI. KANG now costs just $0.0196 as it is in Stage 5 of its presale. But, analysts forecast a potential rise to $0.5 once this meme coin hits exchanges in Q2 of 2024.
Will KangaMoon Outshine Dogwifhat and Shiba Inu?
KangaMoon has one thing that sets it apart from Dogwifhat and Shiba Inu: a low market cap. With only $19.6 million, it doesn’t require the same amount of funds as its competitors to boost prices. The upcoming bull run is expected to send everything soaring and KangaMoon may be the best meme coin to invest in right now. Sign up using the links below and get a 10% bonus.
