The meme coin market has shown positive bullish sentiment in recent times, with top meme coins witnessing massive adoption and investor inflow than other cryptos. Dogwifhat (WIF) has continued to show bullish sentiment as the coin targets a new record. Meanwhile, KangaMoon (KANG) has raised more than $2.5M in the ongoing stage 4 of the presale. The success of the ongoing presale has made analysts project it as one of the best new meme coins to invest in Q1.
KangaMoon (KANG) Raises More Than $2.5 in Presale As Meme Frenzy Continues
While the Dogwifhat (WIF) token has climbed remarkably in recent weeks, crypto investors are looking towards the KangaMoon (KANG) project. The KangaMoon platform has raised more than $2.8M in its ongoing presale, with analysts projecting $3M by the end of the month and over $10M by the end of the presale. This makes KANG one of the best new meme coins to buy now.
When launched, the KangaMoon platform will combine play-to-earn gaming features with a social-fi model to give users an amazing experience on the platform. The goal of the team is to create a community-driven platform that is all about the community. In view of that, token holders will be rewarded with more tokens when they participate in community activities like sharing posts, tweeting and commenting on posts that promote the platform.
KangaMoon also has a referral program where users can bring their friends and get compensated when they buy the KANG token. So far, KangaMoon is in stage 4 of the presale with the KANG token, an ERC20 token sold for just $0.014. The platform is also giving a 10% bonus to buyers now.
Having gone from a floor price of $0.0050 to $0.014, it means that early investors now have 180% ROI. Some analysts have projected over 50x ROI in the coming months. This is as the team gears towards listing the token in a major Tier 1 CEX exchange in Q2. At the current trajectory, the KANG token is on the path of becoming the hottest meme coin of 2024 while toppling Solana-based meme coins such as Dogwifhat, Pepe and Floki.
Dogwifhat (WIF) Surged By 571% in the Past Month
According to data from CoinMarketCap, the Dogwifhat price has rallied by over 571% in the past month. The year-to-date price metrics also show over 1,169% price rally. The ongoing rally has pushed the Digwifhat market cap above the $2B mark. With the meme coin market gaining massive attention, some analysts believe the tokens market cap will hit $5B in the coming weeks.
Meanwhile, the ongoing crypto market retracement has had a negative impact on the Dogwifhat surging momentum. The token price has declined by 27% in the past week. More worrisome is the Dogwifhat trading volume which is on the downtrend. Some analysts believe the current market retracement wont last for long. As such, they see Dogwifhat’s price surging past the $3.53 ATH record in the coming week.
Having established support on the $3 mark before the market downturn, some experts believe it will retest the zone soon and possibly return 5x profits in the coming months.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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