.png){kind=logo}
KangaMoon (KANG) and Bonk (BONK) are stirring up excitement in the current DeFi market. While you may be familiar with BONK, KANG is a new project entering its presale soon that could become the next 35x meme coin in 2024. But will they make more Xs than the already established Avalanche (AVAX)? Let's find out.
According to CoinCodex, the memecoin market cap now stands at $19.84B, and KangaMoon (KANG) aims to enter this sector with a bang. This DeFi project will accomplish this by introducing KANG, a community-driven memecoin.
This coin will serve as the backbone of KangaMoon, a P2E game in which you control a Kangaroo and battle against other players. KANG is the utility token in the game, allowing players to buy things and upgrade their characters.
KangaMoon is preparing to launch its presale, where you can buy the KANG token for a discount. Its starting price will be $0.005. Since it will enter both the meme and gaming world, analysts are bullish about its long-term growth potential. They foresee its value rising by 22x before its presale ends and another 35x after it hits exchanges in Q2 of 2024.
Meanwhile, Bonk (BONK) is another meme coin that has also been making headlines. Notably, crypto analyst Arslan Ali made a bullish Bonk price prediction. According to his tweet, the current pivot for BONK is at a crossroads with the double top pattern resistance at $0.00001213.
The crypto's RSI is at 54, and the 50 EMA is priced at $0.00001123. If broken, this bearish trend could be flipped bullish. Between the last seven days, Bonk price has varied from $0.000010 to $0.000011 with a market cap of $690M and $742M.
Because of these reasons, market analysts predict that the Bonk meme coin will surge to $0.00001250 before February 2024 ends.
Meanwhile, the Avalanche crypto has been trading in the green lately. Over the last week alone, its value has risen from $31.47 to $35.10. During that time, its market cap has also jumped from $11.54B to $12.83B.
This Avalanche price surge can be attributed to the recent introduction of Vryx. Patrick O'Grady, the Ava Labs VP of Platform Engineering, said this development will help bring 100k TPS for Avalanche.
As a result, market analysts have made a bullish Avalanche price prediction. They forecast a potential pump to $37.87 within Q1 of 2024 for this altcoin.
Given its small $5M market cap, KangaMoon shows serious growth potential. This gives KANG a competitive edge over Bonk and Avalanche. To clarify, KANG would need fewer new funds for its value to skyrocket. This makes KANG the next top memecoin to keep an eye on.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Our Telegram Community: https://t.me/Kangamoonofficial
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
