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As the world celebrates New Year of the Dragon for the first time since 2012, top meme coins have been garnering exponential momentum in the crypto market. As a result, the bullish sentiment is threatening to overshadow the celebration of the Year of the Dragon.
In what could be an alignment with the zodiac element of the dragon, experts have picked the top 5 meme coins that harbor exponential growth potential in this period. These meme coins include KangaMoon (KANG), Shiba Inu (SHIB), Bonk (BONK), Dogwifhat (WIF), and Pepe (PEPE).
Find out why experts choose these tokens for a bullish March and 2024 in general.
KangaMoon (KANG) is making waves in the crypto market even while still in the presale phase. This is due to the exponential potential of the KANG token. For context, the token has grown by over 125%, resulting in significant ROI for early investors. More significant growth is expected from the KANG presale, as experts predict over 100x growth before the conclusion of the presale.
Similarly, the 3rd stage of presale has recorded thousands of investors who've joined the project. In the process, over $1,000,000 has been raised in the presale. The project is currently on the path to raising $2M as its next milestone. With this, it will be wise to buy the KANG token now, sold for just $0.01125, and position yourself for the potential price rally.
Notably, there's a 10% presale bonus for investors who buy the token now. Also, token holders can boost their portfolio by engaging in social media activities aimed at promoting the project. With the raging momentum of the KANG token, its relatively cheap price value, and the long-term potential of the token, KANG represents a top crypto investment alternative for investors looking to generate significant ROI in 2024.
Meanwhile, KangaMoon as a platform is a synergy of the meme community where meme enthusiasts can meet, interact, and earn income. As a play-to-earn platform, members can earn from competing in games against fellow community members, trading the collectibles from the games for cash, and more. Overall, KangaMoon is a platform that entertains and also rewards investors with massive growth potential.
In recent weeks, Shiba Inu (SHIB) has transformed its marginal bear trend to an exponential price growth. As shown in the market stats, Shiba Inu gained over 74% within the last week alone. Similarly, the coin saw a spike of 280% growth over the last month. As a result of these price gains, the Shiba Inu market cap valuation is now worth over $20.4B.
Notably, the Shiba Inu token is one of the top meme coins harboring substantial growth potential in March and Q2. At the current trajectory, Shiba Inu is likely to gain up to 200% before the end of March. Meanwhile, the crypto market rally of the year may see the token replicate its all-time high price record, which it last achieved in October 2021.
Bonk (BONK) is a Solana-based meme coin that has generated an impressive price return since its airdrop on 25th December 2022. For context, the token has gained 38% in price value within the last week. Also, the Bonk price gained over 173% over the last month, as per data from CoinMarketCap. Most certainly, the token has generated over 28,463% in price value since its launch in December 2022.
This massive price gain is a testament to the potential that Bonk harbors. In view of this, experts are predicting about 1,000% growth within the year if the token maintains its current rallying trajectory. At the moment, though, the Bonk trading volume has been fluctuating and may impede the bullish momentum of the token. Nevertheless, Bonk remains a top crypto to invest in the year.
Since the launch of Dogwifhat (WIF) in November 2023, the Solana-based meme coin has seen a consistent uptrend in price value. As shown in the market stats, the token has gained over 78% within the last 7 days. Also, Dogwifhat price value skyrocketed by over 869% over the last month. Overall, Dogwifhat has surged by more than 1,118% since its launch in November.
These price gains have propelled the token's market cap over the $2B mark. Also, Dogwifhat just surpassed its all-time price high of $2, putting the token among the top-performing meme coins in the industry at the moment. The token doesn't look to be stopping amid its raging momentum. That is why experts predict Dogwifhat will gain up to 140% in March and reach the $5 mark.
Pepe (PEPE) is another popular meme coin that cannot be overlooked in 2024, given its massive growth potential. Over the last 7 days alone, the Pepe price has rallied by 116% in price value. Zooming out, the token saw over 800% growth in price value in the past month. More notably, Pepe has gained 15,736% in the year-to-date price metric.
All these exponential price gains have seen the price of Pepe trade at its all-time high. In the process, the top meme coin has also boosted its market cap valuation to over $3.7B. With the positive trajectory of the Pepe trading volume, the bullish sentiment is likely to continue in March. Notably, 2024 is looking very promising for the token as it looks increasingly likely that Pepe will double its price value before the end of the year.
Stats are pointing toward a momentous meme season across the crypto industry. With the rallying trajectory of KangaMoon, Shiba Inu, Bonk, Dogwifhat and Pepe, it won't be surprising to see these meme coins become one of the top-performing cryptos in 2024. However, KangaMoon could edge these meme coins, given that it harbors strong utility as against the other meme coins with none. As such, it is likely that KANG has more growth potential at presale than some of the mentioned meme coins in the article.
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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.
