The meme coin market has witnessed highs and lows, with Dogwifhat (WIF) seeing massive growth in value, whereas Floki (FLOKI) sees red. However, KangaMoon (KANG) is emerging as a popular investment choice due to its rapid presale growth and unique features. For investors looking to capitalize on their gains, keeping an eye on these top meme coins with upside potential is essential. .
Dogwifhat (WIF) Monthly Price Explodes by 139%
Dogwifhat price has experienced an upswing in value in the meme coin space, showcasing a staggering 18% surge in the past week alone. It also gained more ground in value in the past month by a whopping 139%, propelling Dogwifhat ‘s market cap to $3.8B, thus passing Pepe token’s valuation of $2.9B.
The remarkable surge has intensified interest and attention towards the Dogwifhat crypto. Despite these incredible stats, some Dogwifhat holders opt to retain their investment. For instance, a particular Dogwifhat wallet was sitting at $139.5 million worth of WIF tokens and currently stands at an unrealized profit of $127.3 million.
Floki (FLOKI) Monthly Price Performance
Investors are moving away from meme coins, wiping out gains recorded over the past week. Floki’s price sees red, recording a 10% outflow in the last seven days. However, the price of Floki shows vital signs of correlation.
The correlation is attributed to the general market sentiments. Its monthly position is up 32%. Many Floki price predictions are bullish about the coin, pointing to previous highs. The decline in value presents a buying opportunity for Floki before an uptick is recorded in the market.
KangaMoon (KANG) Presale Reaches $4 Million Milestone
Unlike other meme coins, KangaMoon (KANG) has had a remarkable level of growth despite it being a new project. Predicted to become a dominant market leader in the meme coin space, KangaMoon strikes gold, raising over $4 million so far, with over 5800 holders and over 20,000 registered members. It is now eyeing the $4.5M mark, expecting to surpass it by the end of the week.
KangaMoon has managed to offer investors and traders an additional level of value due to its vast ecosystem utility. Moreover, its unique SocialFi integration, Play-to-Earn (P2E), and community-driven approach have turned heads in the crypto space. Users will control their KangaMoon character and battle out in tournaments and challenges with the potential of earning rewards—free KANG tokens and rare NFTs.
Those not participating in these tournaments also have a chance to get a free KANG token. Community members who like/share/comment on KangaMoon’s social media posts can earn free tokens. The NFT gaming industry is predicted to increase in value to $885M by the end of Q4 and KangaMoon is at the forefront of it.
Evidently, KangaMoon plans to get listed in Tier 1 CEX in Q2, propelling its growth further. According to analysts’ projections, the KANG token could hit the $1 mark after this listing. Going for $0.0196 at its final 5th presale stage, the KANG token has already recorded a 290% ROI for early investors. KangaMoon’s presale performance propels its token among the best meme coins to watch in 2024.
Can KangaMoon Outperform Floki and Dogwifhat on the Market?
While Dogwifhat and Floki remain resilient in the bearish meme coin market, KangaMoon presents an opportunity for traders and investors to diversify their holdings. With an astronomical ROI and overall appeal, KangaMoon is positioned to become the best meme coin to invest in.
