Memecoins
Cristiano Ronaldo’s Binance Partnership Sparks NFT Frenzy. Are these Memecoins on the verge of a rally?
Cristiano Ronaldo and Binance have launched a new NFT collaboration known as “Forever Worldwide: The Road to Saudi Arabia”. This new partnership will talk about Ronaldo’s life and career. Ronaldo is a five-time Ballon d’Or winner and this announcement is already creating a stir in the meme coin space.
The meme coin market witnessed a huge boom last week. With the latest news, analysts believe that major meme coins such as KangaMoon, Dogwifhat, Pepe, Shiba Inu, and Floki will witness further rallies in the coming weeks as their market activities increase. Therefore, now may be the best time to accumulate tokens.
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The price of KangaMoon is expected to increase by 600% in JuneKangaMoon’s entry into the meme coin space has created a lot of frenzy. The project has gained a lot of popularity and has been on a positive trajectory since pre-sales began a few months ago. With a rally of over 400% since the start of the presale, experts believe that investing in this new meme coin today could be one of the best investment decisions of 2024.
KANG is a revolutionary meme coin project that incorporates GameFi and socialFi features together on its platform. With these unique features, users can engage in a variety of gaming activities and earn rewards and prizes. Kangamoon already boasts over 32,000 community members and 10,000 token holders. Additionally, KangaMoon has already raised more than $7.4 million in pre-sales.
Notably, early buyers of the KangaMoon token have already earned 400% ROI, as the price of the $KANG token rose from $0.0050 to $0.025. Currently, in its bonus phase, KangaMoon is already listed on CoinMarketCap and CoinGecko, with the Bitmart CEX exchange set to list the token soon. With more CEX exchanges set to list KANG, the token’s price is expected to rise 600% in June.
KangaMoon has introduced a staking dApp, which is one of the best in the meme coin industry. Therefore, users can put their resources on the line and get maximum APY. Numerous analysts believe that KANG is the most popular meme coin of 2024 and will surpass other popular meme coins in the coming months. Based on the success of the pre-sale and innovative features, analysts expect the price of the $KANG token to reach $1 in the coming months.
The value of the Dogwifhat coin is expected to reach new highs in June
Dogwifhat is one of the meme coins to watch this year as its positive run continues. Launched in December 2023, Dogwifhat’s price skyrocketed in just six months. Being one of the Solana-based meme coins, the token has seen massive adoption in recent months. Meanwhile, Dogwifhat does not have special tokenomics like other meme coins, as the $WIF token is mainly driven by speculation.
In terms of market performance, Dogwifhat market sentiment is bullish. Based on CoinMarketCap According to statistics, the price of Dogwifhat increased by 42% in the last month as the price attempted to break above the $4 mark. Although its attempt was unsuccessful, analysts believe that a retrial will take place as soon as Dogwifhats trading volume will exceed $1 billion.
Meanwhile, the token is trading above its 50-day simple moving average (SMA). Crypto analysts believe that if the token is able to break above the resistance levels at $4.01, $4.24, and $4.66, Dogwifhat’s price could reach $7 in June, putting it on the list of Meme coin experts to watch in June.
Pepe price drops as Whale accumulates 68 billion Pepe coinsDespite the recent decline, Pepe Coin could experience a surprise rebound in the coming weeks. After a whale encountered huge toilets in Shiba Inu, the whale shifted its attention to Pepe. Recent data from Guardaonchain, an on-chain transaction monitoring platform revealed the strategic move. Launched in 2021, Pepe has gained immense popularity in the market.
A look at Pepe’s technical analysis shows that the coin is trending lower as investors fear that it has reached its peak. Meanwhile, the price of Pepe has increased by 117% in the last month and 18% in the last week. While Pepe’s trading volume and market capitalization are trending downward, analysts predict an upcoming recovery.
Pepe market sentiment is bullish, with the token trading above the 200 and 50 day EMAs. With the Fear and Greed Index showing Greed (75), Pepe is still in the accumulation zone. Therefore, the main Pepe price predictions indicate that the coin will reach $0.000050 in June. For investors looking for the best meme coins that can deliver high returns in the third quarter, Pepe is worth investing in.
Investors expect a rally as Shiba Inu trading volume increasesWith the continuing meme coin craze, Shiba Inu has surpassed Cardano and enters the list of top 10 cryptocurrencies with a market capitalization of $16 billion according to data from CoinMarketCap. Based on trading activities, Shiba Inu also rose to the number seven position in the cryptocurrency market. Shiba Inu trading volume tops $2.2 billion as whales continue to accumulate tokens.
Developed by Ryoshi and popularly known as the “Dogecoin Killer,” Shiba Inu boasts a vibrant community of memecoin lovers who call themselves the “ShibArmy.” Meanwhile, Shiba Inu has an ecosystem that includes many components, such as ShibaSwap, a decentralized exchange. The Shiba Inu token is deflationary. Therefore, SHIB tokens are burned from time to time, which increases their price.
The market outlook for Shiba Inu shows positive signs. According to market data, the price of the Shiba Inu has increased 15% in the past year and 8% in the past week as interest in the token continues to grow. Over 15 key Shiba Inu market indicators are in green. Therefore, cryptocurrency experts are targeting the meme coin to make 20x in June, making SHIB one of the best meme coins to buy now.
Can Floki price recover despite recent market volatility?Floki is one of the best meme coins on the market. The Floki platform has become among the world’s leading Web3 projects as it involves decentralized finance, NFTs, and the metaverse. With the recent partnership between Cristiano Ronaldo and Binance to launch NFTs, Floki is one of the gaming tokens designed for mass gatherings.
In the last few days, Floki has launched a new offering called Floki Trading Bot. This new bot aims to improve the efficiency of crypto transactions across different blockchains, while increasing the utility of Floki Inu tokens. Additionally, Coinbase will list Floki perpetual futures on the Coinase International Exchange and Coinbase Advanced. Analysts believe the stock will trigger massive rallies.
After burning billions of tokens in the last few days, Floki’s price has increased. Floki price has increased by 65% in the last month and 23% in the last week. However, the latest market retracement has exhausted the token with Floki trading volume declining. Again, analysts expect a rally in the coming days.
The recent partnership between Cristiano Ronaldo and Binance has sparked a lot of interest among memecoin lovers. Investors believe this is an ideal opportunity to buy high-value meme coins that could yield huge gains soon. The meme coin market is already heading for the moon and now might be the best time to accumulate the aforementioned meme coins.
Discover exciting KangaMoon (KANG) presale opportunities today!
Website: https://Kangamoon.com/
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