Memecoins
KangaMoon’s price soars as Shiba Inu and Pepe take over
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Recently, a rally in meme coins like Shiba Inu (SHIB) or Pepe (PEPE) made headlines. However, amidst all this frenzy, KangaMoon (KANG) has quietly emerged from behind, with its price rising and hinting at what could be a meme coin season. Analysts have considered this Phase 5 presale star as the next $0.5 meme coin in 2024.
Team member Shiba Inu announces the migration of ShibaSwap to Shibarium
Shiba Inu (SHIB) is a meme coin that needs no introduction. Recently, it made headlines when Lucia announced that your ShibaSwap DEX will migrate to Shibarium. This is an important development as it will also operate on Ethereum. With this migration, more doors will open for traders around the world.
The movement in the value of Shiba Inu coins has increased by 132% in the last year alone. Given that Shiba Inu is now trading above its 100-day and 200-day EMAs, experts are bullish on this member of the meme coin titans. They predict a potential rise to $0.000035 for the Shiba Inu cryptocurrency by the second quarter of 2024.
Pepe Coin continues to grow thanks to its listing on Coinbase
Meanwhile, Pepe (PEPE) has also been making headlines in the meme coin space. More important, Coinbase announced that Pepe’s perpetual future trading is active on the platform. Thanks to this development, the value of the Pepe coin increased. PEPE is up about 590% on the year-to-date chart with a market capitalization of $3.28 billion.
The technical analysis of this meme coin also shows some positive signs. For example, Pepe is now trading above the 50 and 100 day EMAs. Furthermore, 20 technical indicators are green for Pepe. They expect PEPE to rise to $0.000011 before the end of the second quarter of 2024.
KangaMoon (KANG): The dark horse of meme coins
KangaMoon (KANG) has become an underdog meme coin in the Shiba Inu and Pepe frenzy. This growing pre-sale sensation has already raised over $6 million and could reach $7 million before the end of May 2024. Additionally, it has provided early buyers with a 290% ROI. Since the pre-sale is still ongoing, this percentage is expected to increase.
By 2028, the Play-to-Earn (P2E) gaming industry is expected to earn $885 million. KangaMoon aims to capitalize on this growth by creating a P2E game. In this game, KANG will serve as the main currency, allowing players to purchase items and upgrade their characters. Additionally, owners of this meme coin get exclusive access to exclusive challenges for extra tokens.
What sets KangaMoon apart is its SocialFi features. For example, KangaMoon is now giving away free KANG tokens before officially launching it to its most active users. As a result, this move attracted considerable attention and created a community of over 20,000 people. They all interact passionately with KangaMoon’s social media posts.
In Phase 5 of the pre-sale, one KANG currently costs $0.0196, which equates to a 290% increase from the initial value of $0.005. Experts say that once a Level 1 CEX lists KANG in the second quarter of 2024, they expect prices to rise up to $0.5, thus making it the best meme coin to invest in.
Will KangaMoon be able to eclipse Shiba Inu and Pepe?
With a market capitalization of just $19.6 million, KangaMoon has the potential to surpass Shiba Inu and Pepe. KANG needs another $19.6 million to double its current price. Therefore, this newbie can reign supreme in the meme coin space. Sign up for the presale using the links below and get a 10% bonus to capitalize on this growth.
Discover exciting KangaMoon (KANG) presale opportunities today!
Website: https://Kangamoon.com/
Join our Telegram community: https://t.me/Kangamoonofficial
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