Seasoned analyst Gert Van Lagen has made a bold Fetch.AI (FET) prediction that’s turned some heads. Meanwhile, Shiba Inu (SHIB) and KangaMoon (KANG) are the top meme coins to watch. Although SHIB is an already established crypto, KANG is a Stage 2 presale star pegged as the next 100x meme coin in 2024. Let’s find out why.
Gert Van Lagen: The Fetch.AI Price May Soar by 500%
Crypto analyst Gert Van Lagen recently made a bullish Fetch.AI (FET) price prediction. According to his new tweet, this altcoin may hit $5.5 soon – nearly a 500% surge from its current price. Regarding the Fetch.AI price movement, it has jumped from $0.67 to $0.98 in the past week alone. Its market cap grew from $561M to $821M during that time.
The technical analysis for this altcoin also hints at a bullish picture. For example, Fetch.AI now trades above its 100 and 200-day EMAs. Furthermore, 28 technical indicators are flashing green. Because of this, experts predict that Fetch.AI will trade at $1.29 within Q2 of 2024.
Shiba Inu (SHIB): New ERC404 Updates
The Shiba Inu (SHIB) community is buzzing after lead developer Kaal Dhairya shared a cryptic update that contained exactly what they’ve been waiting for: the NFT SHEboshi. This is an ERC404 standard and the first time the project has released a token outside its original ERC20.
This blog post also announced that it will increase the number of SHEboshis from 12,000 to 20,000. As per Dhairya, this will bolster Shiba Inu’s position in the DeFi space. This Shiba Inu news may also trigger a bullish rally for it.
This meme coin’s value movement has fluctuated between $0.0000091 and $0.000009461 in the past 30 days. Its market cap grew from $5.35B to $5.57B in that period. The technical analysis of this meme coin also shows bullish signs as SHIB trades above its 50 and 100-day EMAs. Analysts predict a pump to $0.000014 within Q2 of 2024.
KangaMoon (KANG): One of the Best New Meme Coins
Going against the grain of most meme coins, KangaMoon (KANG) will bring something new – utility. As an in-game currency for the upcoming KangaMoon play-to-earn (P2E) game, KANG becomes an asset to any player participating in battles and earning crypto rewards while doing so.
KANG token holders can spectate and bet on other people’s fights, adding an interactive layer to this project. Additionally, KangaMoon will offer weekly, quarterly, and monthly challenges to all KANG holders. By winning these challenges, users earn extra tokens and in-game items, which can be sold on the KangaMoon marketplace.
Major attention has already been thrown onto this meme coin during Stage 2 of its presale which has just started and it’s already on path to raise $100K as one KANG costs just $0.0075. This is a 50% growth from its starting price. As KangaMoon sets itself up for a Tier-1 CEX listing in Q2 2024, analysts speculate a potential 1,000% surge.
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Will KangaMoon Outpace Fetch.AI and Shiba Inu?
With a market cap of just $7.5M, KangaMoon will surge faster than Shiba Inu and Fetch.AI. In other words, KANG needs less new money injection for the next leg up. The perfect storm of utility features and tokenomics makes KangaMoon a solid contender to outperform other meme coins.
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