In the current meme coin market, many traders are gravitating towards Bonk (BONK) and Pepe (PEPE) following their recent surge. New meme coin KangaMoon (KANG) is also making headlines as many analysts view the rising presale star as one of the next meme coin titans. They even hint at a potential $1 value for it in 2024 – let’s see why.
Bonk (BONK): New Community Proposal Goes Live
Recently, Bonk (BONK) has been trading in the green. Over the past week alone, the Bonk crypto value grew from $0.000016 to $0.000020. Its market cap rose from $1.10B to $1.35B during that time. This price surge came after some bullish Bonk news. Notably, Bonk revealed a new proposal to burn 280M BONK from its treasury.
From a technical analysis perspective, this bullish trend for Bonk may continue. For instance, this meme coin trades above its 21 and 50-day EMAs. In addition, 23 technical indicators are flashing green. Because of this, experts in the crypto field predict a potential jump to $0.000033 within Q2 of 2024 for Bonk.
Pepe (PEPE): Trading in the Green After Coinbase Announcement
Meanwhile, Pepe (PEPE) is another meme coin that has been making waves in this market. Notably, the Pepe coin value surged from $0.0000056 to $0.0000064 in the past seven days, and its market cap jumped from $2.37B to $2.69B. This increase can be attributed to Coinbase’s announcement to launch Pepe futures trading.
Although this launch was later delayed, the value of this meme coin continued to rise. Currently, Pepe is trading above its 21- and 50-day EMAs, while 21 indicators show green. Thanks to all this bullish Pepe news, prominent market analysts forecast a rise to $0.0029 before Q2 of 2024 ends, making it one of the meme coins to watch.
KangaMoon (KANG): To Rule the Meme Coin Market
Amongst the buzz created by Bonk and Pepe, KangaMoon (KANG) could be a game-changer in the meme coin space. This new project aims to tap into the Play-to-Earn (P2E) gaming market, which Yahoo Finance projects will be worth $885M by 2028. Moreover, KANG brings something new to the meme coin market – actual utility.
Unlike 99% of meme coins such as Bonk and Pepe, KANG will be the in-game currency for KangaMoon’s upcoming P2E game. With KANG, players can buy in-game items and upgrade their characters. In addition, KangaMoon provides weekly, monthly and quarterly challenges for extra tokens and in-game items (exclusive for KANG holders).
Additionally, before its official launch, KangaMoon rewards KANG tokens to its most active users to foster community involvement. For this reason, over 29,000 community members now interact with KangaMoon’s social media posts by liking, sharing and commenting.
Currently sold at only $0.0196 during its Stage 5 presale phase, early buyers have seen an ROI of 290%. Experts are optimistic about KangaMoon’s potential for future growth, especially within the P2E gaming industry. They expect a $1 value to come for it once it reaches Tier-1 exchanges in Q2 2024. This prediction makes KANG one of the best new meme coins.
Will KangaMoon Outpace Bonk and Pepe?
While Bonk and Pepe continue rising, KangaMoon has the potential to outshine them both. This is because KANG has a low market cap of $19.6M, which means it needs less new money for its price to soar. Therefore, over 5,800 individuals are now KANG holders, eagerly awaiting a surge to come. If you want this game-changing meme coin, buy it now and get a 10% bonus.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Our Telegram Community: https://t.me/Kangamoonofficial