The ongoing Bitcoin (BTC) bullish momentum has exceeded the expectations of token holders. However, some analysts are projecting more rallies as the bulls continue to dominate the market chart. On the other end, other cryptocurrencies like Dogecoin (DOGE), Shiba Inu (SHIB) and KangaMoon (KANG) are all witnessing bullish momentum. Out of the three top meme coins, KangaMoon (KANG) is the most impressive, having given early investors over 125% ROI in the ongoing presale. More details below.
KangaMoon (KANG) Bullish Momentum Attracts Whales
KangaMoon (KANG) has been tagged as one of the top meme coins to invest in 2024. Crypto investors are attracted to the project because of its opportunities for growth and community engagement. Currently, KangaMoon is in the 3rd stage of the presale, with the KANG token sold for just $0.01125.
Having gone from a price point of $0.0050 in stage one to $0.01125 in stage 3, it means that early investors have gotten over 125% ROI. The platform has already raised over $1.2M in the presale, with analysts projecting $2M before the end of the month. With plans for listing on a top-tier 1 centralized exchange in Q2, KangaMoon aims to solidify its position in the cryptocurrency market.
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As such, analysts have projected a 50x rally for the token in the coming months and that could take the KANG price to $1. KangaMoon’s focus on community involvement sets it apart, offering token holders a chance to earn more KANG tokens as rewards while participating in community activities like promoting the project on social media.
When launched, the KangaMoon project will integrate the Social-Fi community with the P2E NFT market. As such, users can earn through various means. At the current trajectory, KangaMoon is on the path of toppling popular meme coins like Shiba Inu and Dogecoin. Overall, now is the best time to join the 2024 hottest meme coin and make gains.
Bitcoin (BTC) Hits a New ATH of $73,637 As the Bulls Dominate
Bitcoin (BTC) surged to a new all-time high of $73,637, defying expectations of a pullback and reinforcing bullish sentiment. Despite a brief dip to $69,000, Bitcoin price quickly rebounded, setting new highs. This stability is attributed to the dominance of the bulls.
All the Bitcoin key market indicators, such as market cap and trading volume are bullish. Some analysts believe that the dominance of the Bitcoin bulls could push the price as high as $80k before the end of the month. As such, they see Bitcoin as one of the top cryptos to buy now.
Dogecoin (DOGE) Heading to the Moon
Dogecoin (DOGE) is currently one of the most popular meme coins on the market. The meme coin, which came to the limelight as a result of the series of tweets by Elon Musk in 2021, has witnessed massive rallies in the past months. For context, the Dogecoin price has increased by a staggering 109% in the past month as the bulls assert their dominance. Another slight 3% gain was witnessed in the weekly price chart.
With the meme coin market booming, some analysts think that the Dogecoin price will reach $0.20 before the end of Q1. Zooming in, the Dogecoin key market stats like trading volume and market cap are declining. Even at that, analysts have a bullish outlook on the token and project the coin to return 2x gains in Q2.
Shiba Inu (SHIB) Gains 240% in 30 Days
Shiba Inu (SHIB) is riding a wave of excitement in the cryptocurrency market, with its price skyrocketing by a whopping 240% in the past month based on data from CoinMarketCap. Shiba Inu market’s surge is fueled by the meme coins market rally, which has seen various meme coins head to the moon.
The dramatic rise of the Shiba Inu token shows the growing popularity of the meme coin market. With Shiba Inu’s active community and increasing interest in DeFi, especially with the introduction of ShibaSwap, the memecoin will likely return 2x profits to holders in Q2.
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