Notable cryptocurrencies like Bitcoin have plummeted into a bear market, provoking a slight diminution in the market sphere. Yet, the United States Dogecoins US Supreme Court sided with the defendant Dogecoin in a lawsuit against the exchange Coinbase; therefore, DOGE’s price has taken to the moon. Among DOGE, there are the meme-corners of Pepe (PEPE), Bonk (BONK), Dogwifhat (WIF), and KangaMoon (KANG), too…
Still, along with the marketed meme coin KangaMoon, the upcoming cryptocurrency listing on the two globally influential price tracking websites, CoinMarketCap and Coingecko, has reached its final touch for the listing on BitMart. In this scenario, Sabine Inu, which has been in the process of price correction, can no longer compete with this new inflow rise.
KangaMoon (KANG) CoinMarketCap and CoinGecko Listing 100x Price Increase
An early investor in KangaMoon (KANG) saw a return on investment (ROI) of 400%, which caused quite a stir in the meme currency market. Additionally, this one-of-a-kind coin has raised over $7 million, to reach $8 million by May’s end. Thanks to its new relationship with RaidSharkBot, the initiative now offers a $1,000 monthly reward pool and an improved community involvement experience.
Contrary to the other meme coins that are so hyped, KangaMoon has a variety of practical and meaningful uses. Its upcoming P2E games will employ the KANG token as their in-game currency. Players will be able to make purchases and level up their characters at the same time. Moreover, only KANG holders will have the chance to perform the particular jobs; thus, they will be entitled to the extra rewards and the additional KANG tokens.
Over just days, KangaMoon will present active community members with free KANG tokens that they can then r to the community—even before it officially launches. In consequence, KangaMoon’s social media has over 32,000 people who voted for and shared posts, cementing the currency position as the best meme coin to invest in.
The price of KangaMoon is $0.025, while the previous value was $0.005. This is a spectacular example of a 400% increase. KangaMoon, one of the newly emerging meme tokens, has phenomenal return potential. It was recently listed on CoinMarketCap and Coingecko in 2024. They foresee a 100x spike in that year.
Glassnode Analyst Predicts a 13 Factor Increase in the Dogecoin (DOGE) Price
In one of their recent statements, an analyst at Glassnode suggested a 13-timeslot for the meme coin, which comes across as a highly bullish Dogecoin price prediction. The market is going straightforward when DOGE’s USDogecoins US Supreme Court issue is headed by a big cup and a handle structure. As per past data, this DOGE model is usually in the phase of consolidation before a breakout.
Dogecoin, the major meme coin, has been getting strong signals from the 50—and 200-day exponential moving averages—the possibility of a rally in a few days, weeks, or even months. Also, the US Supreme Court’s decision in favor of the centralized Dogecoin versus its trial battle with Coinbase could highly impact DOGE’s capacity to reach new levels in 2024.
Pepe (PEPE) Price Soars by 35% in Week
Dogecoins US Supreme A week has passed, and the pipe price has experienced a 35% rise. Pepe, a currency that has hit a new record of $0.00001470 due to the growing anticipation of the spot Ethereum ETF’s early approval, left its rivals behind. Its surge, thus, the Pepe theme (frog-themed) cryptocurrency made it to the top 20 cryptocurrencies list by market cap last month. Technically, the daily price is in a bullish trend. The price has broken out of its ascending parallel channel, helping Pepe to move higher if the Relative Strength Index is still above 50.
Technical analysts also believe Pepe’s Moving Average Convergence Divergence (MACD) is a bullish indicator since it is above the signal line. The MACD line, which is also above Pepe’s signal line, indicates that all the signals are heading in the right direction. This meme coin is the number one cryptocurrency to buy in May.
Bonk (BONK) Outperforms Top Meme Coins, Including Shiba Inu
Recently, Bonk has far outperformed even some of the most treated meme coins, such as Shiba Inu. While Shiba Inu experienced a 3% decline over the last 30 days, Bonk saw a whopping 80% growth. According to the coin’s technical analysis, BONK is on the path to setting a new all-time high and is, therefore, bullish.
There is quite a bit of resistance near the $0.000037 point t, and cryptocurrency needs to break through before it can reach its all-time high. If Bonk pushes through that resistance level, the cryptocurrency can rise to the $0.000047 level.
Dogwifhat (WIF) Investor Buys Large Amounts of WIF tokens
Dogecoins US Supreme The whale accumulated 228,000 WIF meme coins in their immense collection, roughly around $606,000. The whale then opened a new wallet and withdrew 1.83 million USDC from Coinbase. Besides the WIF tokens, I also bought Dogwifhat coins.
Also, Dogwifhat’s price has steadily risen in the face of negative obstacles. This most recent surge has caused the coin levels to exceed the trend. There are rumors that the WIF price has started a new uptrend, which could result in $5 highs sooner. On the other hand, the price of dogfights has also been staying in a triangle and moving within it since it has now peaked. The other proof of buying activity is the MACD’s bullish crossing into the positive zone and the RSI’s persistence in the average range.
Conclusion
The meme coin has emerged with a buoyant market lead, leading to predictions that it will violently surge; accordingly, these five cryptocurrencies are believed. The primary purpose of the 2024 crypto investments is to ensure higher returns for investors. Due to KangaMoon’s presale success, its ranking has risen. One of the best meme currencies to invest in.
What is the future potential of KangaMoon (KANG)?
Analysts predict that KangaMoon has the potential for a 100x price increase in 2024, fueled by its increasing popularity and functional use cases within the meme coin market.
Why is Dogecoin (DOGE) gaining attention in 2024?
Dogecoin's price is predicted to increase significantly, with analysts forecasting a 13-fold rise, supported by a favorable US Supreme Court ruling in its case against Coinbase.
What is driving the price surge of Pepe (PEPE)?
Pepe has surged 35% in a week, driven by growing anticipation of Ethereum ETF approval and bullish technical indicators, making it one of the top meme coins to buy in 2024.
How is Bonk (BONK) performing compared to other meme coins?
Bonk has outperformed major meme coins like Shiba Inu, with an 80% growth in the past 30 days, showing strong bullish momentum and setting up for potential all-time highs.
