The head of research at FundStrat, Tom Lee, has made a bold Bitcoin (BTC) price prediction – $150,000 in 2024. Meanwhile, Injective (INJ) and KangaMoon (KANG) show tremendous growth. You may be familiar with INJ, but KANG is a Stage 2 presale star who is on pace to raise $100,000 next week. Many analysts have it pegged as the next 100x meme coin in 2024.
Tom Lee: The Bitcoin Price May Hit $150,000 in 2024
Recently, Tom Lee had an interview with CNBC’s Squawk Box. During this interview, Lee stated that the Bitcoin (BTC) price will hit $150,000 before the end of this year. Over the past month, the BTC value has increased from $38,800 to $51,599. Its market cap also grew from $761B to $1.01T in that period.
The technical analysis for Bitcoin also paints a bullish picture, as 25 indicators are green. Additionally, it now trades above its 100 and 200-day EMAs. Therefore, in their Bitcoin price predictions, market analysts predict a surge to $71,565 within Q2 of 2024.
Injective (INJ): 200,000 Unique Stakers
Meanwhile, Injective (INJ) has also been making headlines. Notably, Injective announced that 200,000 unique delegates are now staking this altcoin. This Injective news shows the level of interest in this project.
In terms of the Injective crypto value movement, it has soared from $31.02 to $35.08 in the past 30 days. Its market cap increased from $2.48B to $3.27B during that time. Furthermore, this altcoin is now trading above its 50 and 100-day EMAs. Because of this, experts in the crypto field predict that Injective will trade at $48 within Q2 of 2024.
KangaMoon (KANG): Redefining Meme Coins
KangaMoon (KANG) is making a scene as a distinct participant in the meme coin market. This project hopes to redefine the meme coin narrative by focusing on utility and innovation. Unlike traditional meme coins that are just coins, KANG serves as an in-game currency for an upcoming Kangamoon P2E game.
Players can battle each other, spectate matches, and bet on outcomes in this game. This wild combination of P2E and social-fi elements aims to create one of the most active meme communities.
Then there’s this: KANG holders get special access to weekly, monthly, and quarterly challenges. That means extra tokens and in-game items. Moreover, these items can be sold on the KangaMoon marketplace.
Currently, KANG is in Stage 2 of its presale with a cost of $0.0075 – a 50% rise from its starting price. However, once a Tier-1 CEX lists this meme coin in Q2 of 2024, experts predict another 1,000% surge. You may start earning this meme coin by buying it and spreading the word on social media. A 15% bonus is now available for a limited time, so do not hesitate.
Will KangaMoon Outshine Bitcoin and Injective?
At only $7.5M, the market cap of KangaMoon is pretty low compared to Bitcoin and Injective. In other words, KANG will need far less new funds for its price to skyrocket. Therefore, it may become among the best new meme coins for fast returns.