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Two meme coins that have been all the rage lately are Dogwifhat (WIF) and Shiba Inu (SHIB), both experiencing massive value increases. But in the midst of this craze, a new contender has emerged—KangaMoon (KANG). According to some analysts, this Stage 4 presale star could even evolve into the next 100x meme coin in 2024. Let's find out why.
Recently, Dogwifhat (WIF) has been showing noticeable gains.Data from CoinMarketCap shows that the Dogwifhat price increased from $0.39 to $3.24 in the last 30 days. Its market cap surged from $384M to $3.24B during that period. Crypto analyst Arthur Hayes believes this uptrend will continue to $10 for the Dogwifhat crypto.
As it has already experienced 19/30 (63%) green trading days, Dogwifhat could maintain this momentum. Moreover, ten technical indicators are flashing green for this meme coin. Because of this, analysts are making bullish Dogwifhat price predictions. They forecast a potential price rise to $4.34 for WIF within Q2 of 2024.
Meanwhile, Shiba Inu (SHIB), one of the meme coin titans, has also experienced growth. Over the last month, the Shiba Inu price increased from $0.000009642 to $0.00003367. Moreover, its market cap saw growth from $5.68B to $19.84B, a jump of nearly 300%.
From a technical analysis perspective, this bullish trend for the Shiba Inu coin will continue. Notably, SHIB is trading above its 50 and 100-day EMAs while boasting 24 green technical indicators. Experts in the crypto field take note of these indicators when making their Shiba Inu price predictions. Thus, they predict a surge to $0.000050 before Q2 of 2024 ends.
KangaMoon (KANG) has come out of nowhere in the meme coin space, with Dogwifhat and Shiba Inu extremely popular. This unique meme coin sets itself apart from others because it has utility. To clarify, KangaMoon is developing a Play-to-Earn (P2E) game that will use KANG as its main currency.
Another exciting aspect of KangaMoon is its community-driven focus. For instance, active community members (liking, retweeting, and sharing social media posts) will earn free KANG tokens while the presale is ongoing. People are excited about this project, and it shows. It has raised over $2M and will reach $2.5M before March.
Currently, KANG is in Stage 4 of its presale, purchase price only $0.014 – a 180% rise from its starting price of $0.005. But, since KangaMoon has ties to the P2E NFT games market, its long-term growth potential is excellent. As a result, market analysts predict a 100x surge for this meme coin once a Tier-1 CEX lists it in Q2 of 2024.
KangaMoon's most exciting trait is its $11.25M market cap, significantly lower than Dogwifhat and Shiba Inu. Because of this, the price can surge much faster as fewer new funds are needed to inject into it. Thus, KANG is one of the top meme coins to watch. If interested, sign up for its presale below and obtain a 10% bonus on each purchase.
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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.
