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As Dogecoin and DogeWave continue to show green price charts, many traders are increasingly interested in pre-selling KangaMoon.
The coin market has seen growth recently. Dogecoin (DOGE) and DogeFat (WIF) prices have risen significantly as market sentiment is positive. Meanwhile, KangaMoon (KANG) pre-sale hype has added to the excitement. Many analysts have pegged this fifth-stage pre-sale star as the next 50x meme coin in 2024. Let’s see why.
Arthur Hayes focuses on Dogecoin
Dogecoin has recently been making some waves in the meme currency space. Cryptographic analyzer Arthur Hayes announced It will focus on Dogecoin, among other cryptocurrencies. He states that DOGE is among his favorite cryptocurrency reserve assets.
Speaking of Dogecoin’s price movement, it has jumped more than 75% in the past year alone while its market capitalization has reached $19.79 billion. Not only that, but there are now ten technical indicators in the buy zone for the Dogecoin cryptocurrency. As a result, experts gave a bullish forecast for Dogecoin price. They expect a potential rise to $0.17 for this meme before the end of the second quarter of 2024.
Kraken unveils a new fringe pair for the Dogwifhat
Dogwifahat is another meme coin showing an upward trajectory. There have been some exciting developments such as Kraken revealed New margin pair for WIF/USD and place a long/short position limit of 14,000 on this Dogwifhat pair.
Over the past 12 months, Dogwifat's price has risen by 1,600% while its market cap has stabilized at $2.94 billion. Moreover, more than 13 technical indicators are flashing green for the Dogwifhat cryptocurrency. For this reason, market analysts expect Dogwifat to reach $3.39 during the second quarter of 2024.
KangaMoon's preview is gaining traction
KangaMoon presale became a hot topic in the coin market during the Dogecoin and Dogwifhat craze. Traders are waiting for the opportunity to buy KangaMoon token, as their excitement is at its peak. This pre-sale star has already raised over $6 million and is on track to reach $7 million before May 2024 ends.
Unlike 99% of meme coins, KANG will have an actual interest. It will be the main in-game currency for KangaMoon's upcoming P2E game. This meme currency allows you to purchase in-game items and improve your characters. KangaMoon revealed that KANG holders will have access to exclusive challenges to obtain additional codes or rewards.
KangaMoon also focuses on giving back to its community. In other words, KangaMoon is now offering this meme currency for free to its most active community members. So, over 20,000 registered community members are now liking and sharing KangaMoon's social media posts to earn KANG before its official launch.
One KANG device costs just $0.0196, a 290% increase from its starting price. However, this is the pre-sale price for Phase 5, and there will be further price increases as it progresses. Experts expect a 50x rally once this coin is listed by Tier-1 CEX in Q2 2024. Given its ties to the P2E gaming market, which could reach $885 million by 2028, this price prediction seems possible.
Will KangaMoon outperform Dogecoin and Dogwifat?
KangaMoon may overtake meme coin giants Dogecoin and Dogwifhat due to its lower market cap of $19.6 million. This means that KANG will see faster price increases because it requires a lower cap. Therefore, more people are likely to buy them because they are looking for quick returns in the meme space. If you're interested, sign up for the pre-sale and get a 10% bonus.
To learn more about this project, Visit Kanga Moon's website or Join the community
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