Dogecoin, Dogwifhat prices soaring; KangaMoon hype rises in the meme coin space

While Dogecoin and Dogwifhat continue showing green price charts, many traders are growing more interested in KangaMoon’s presale. 

The meme coin market has experienced recent growth. Dogecoin (DOGE) and Dogwifhat (WIF) prices have increased considerably as market sentiment is positive. Meanwhile, the KangaMoon (KANG) presale buzz has only increased excitement. Many analysts have pegged this Stage 5 presale star as the next 50x meme coin in 2024. Let’s see why. 

Arthur Hayes to focus on Dogecoin 

Dogecoin has recently made some waves in the meme coin space. Crypto analyst Arthur Hayes announced that he would focus on Dogecoin, among other cryptos. He states that DOGE is among his favorite crypto reserve assets. 

Speaking of the Dogecoin price movement, it jumped over 75% in the past year alone while its market cap held at $19.79B. Not only that, there are now ten technical indicators in the buy zone for the Dogecoin crypto. As a result, experts have made a bullish Dogecoin price prediction. They foresee a potential rise to $0.17 for this meme coin before the end of Q2 2024. 

Kraken reveals new margin pair for Dogwifhat

Dogwifhat is another meme coin showing an upward trajectory. There were some exciting developments as Kraken revealed a new margin pair for WIF/USD and placed a 14000 long/short position limit on this Dogwifhat pair. 

Over the past 12 months, the Dogwifhat price increased 1,600% while its market cap held at $2.94B. Furthermore, over 13 technical indicators are flashing green for the Dogwifhat crypto. Because of this, market analysts predict that Dogwifhat will reach a value of $3.39 within Q2 of 2024.  

KangaMoon presale gaining traction 

The KangaMoon presale has become a hot topic in the meme coin market during the Dogecoin and Dogwifhat craze. Traders are waiting for a chance to buy the KangaMoon token, as their enthusiasm is at its peak. This rising presale star has already raised over $6M and is on pace to hit $7M before May 2024 ends. 

Unlike 99% of meme coins, KANG will have actual utility. It will be the main in-game currency for KangaMoon’s upcoming P2E game. This meme coin lets you buy in-game items and enhance your characters. KangaMoon revealed that KANG holders will gain access to exclusive challenges for extra tokens or rewards. 

KangaMoon also focuses on giving back to its community. In other words, KangaMoon now gives this meme coin for free to its most active community members. Therefore, over 20,000 registered community members now like and share KangaMoon’s social media posts to earn KANG before its official launch. 

One KANG costs just $0.0196 – a 290% rise from its starting price. However, this is a Stage 5 presale price, and more price surges will happen as it advances. Experts foresee a 50x surge once a Tier-1 CEX lists this meme coin in Q2 of 2024. Given its ties to the P2E gaming market, which may reach $885M by 2028, this price prediction seems possible. 

Will KangaMoon outshine Dogecoin and Dogwifhat? 

KangaMoon may outperform the meme coin titans Dogecoin and Dogwifhat because of its low market cap of $19.6M. This means that KANG will see faster price increases since this requires less cap. Therefore, more people will likely buy it as they seek quick returns within the meme coin space. If interested, sign up for its presale and get a 10% bonus. 

To learn more about this project, visit the KangaMoon website or join the community