As the DeFi market changes, hundreds of new cryptocurrency projects offer new opportunities for investors to profit. KangaMoon and PepeFork are two such examples.
These new meme coins are taking the crypto market by storm. They’ve quickly caught the attention of top crypto analysts, and now experts believe they could outperform altcoins like Fantom. Here’s why.
Is PepeFork The Next Big Memecoin?
PepeFork launched at the end of January 2024. This Pepe spinoff quickly hit an all-time high of $0.0000003815. PepeFork has since crashed by 59%, though it is still up by 324.67% since its initial launch price. With this in mind, is PepeFork still worth the investment?
According to data on CoinMarketCap, PepeFork’s daily trading volume is down by 24.67% in the last 24 hours. This has caused PepeFork’s trading activity to fall to just $10 million, suggesting the meme coin’s momentum may be slowing down.
With this in mind, PepeFork could be a risky investment. Offering no real utility, the project is entirely reliant on market hype and, therefore, fails to stand out in a highly competitive market.
Will KangaMoon (KANG) Pioneer GameFi Development?
KangaMoon (KANG) recently passed its target of raising $100k. This milestone is the first of many expected to be achieved by KangaMoon, which looks to unite players worldwide with its engaged and vibrant community.
KangaMoon goes one step further when it comes to its community. Its unique social-fi model gives players many opportunities to profit by contributing to community efforts. For example, players can earn KanaMoon’s utility token, $KANG, for being an active community member.
Furthermore, players will also earn rewards for actively promoting KangaMoon during its presale. This means early investors don’t need to wait to start generating profits.
As part of its ecosystem, KangaMoon will offer a P2E game. As part of this game, players will be able to control and battle characters for lucrative rewards. These rewards can be redeemed for in-game tokens or traded via the KangaMoon marketplace.
Every week, month, and quarter, players will have the opportunity to win different rewards for community engagement. This, alongside P2E gameplay, has made KangaMoon an extremely popular presale.
Phase 1 of the KangaMoon presale is in full swing. One KANG token can be purchased for $0.005, though experts predict that tokens could surge a massive 220% during the KANG presale, offering huge returns for early investors.
Fantom’s Annual Declines Fall To 17%
Despite its potential, Fantom has faced significant resistance from the market. Its price decreased by 17.14% over the last year, and Fantom has fallen out of CoinMarketCap’s top 60 ranked cryptocurrencies by market cap.
This decrease has caused some Fantom investors to sell their assets. Over the last 24 hours, Fantom’s daily trading volume has fallen below $45 million, and Fantom’s price is down by 0.63%.
Can KangaMoon Overtake Fantom?
Having already hit a major milestone, experts are bullish about KangaMoon. If the project can continue its current growth rate, KangaMoon is on track to develop one of the best meme coin communities in the world.
During its development, experts believe that investors can make significant returns, which, alongside community rewards, makes KangaMoon an extremely lucrative opportunity.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
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