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Dogwifhat experiences a 20% drop, but can it return to the market? Meanwhile, KangaMoon, an ethereum-based meme coin, is experiencing a 290% price growth.
Following a 20% drop in its price, Dogwifhat (WIF) holders are now unsure about the future. Meanwhile, an ethereum-based meme coin, KangaMoon (KANG), has shown tremendous strength. This Stage 5 pre-sale star has already skyrocketed 290% since its inception. Furthermore, numerous analysts hint that KANG could even become the next $1 meme coin in 2024.
Flow Horse: Dogwifhat price pump will be strong
Dogwifhat has been experiencing some turbulence. According to data from CoinMarketCap, the price of Dogwifhat fell from $3.33 to $2.27 in the last seven days, almost a 20% drop. The market capitalization of this meme coin also sank from $3.32 billion to $2.93 billion in that time. However, the crypto analyst twitter.com/TheFlowHorse/status/1778771922706137181″ target=”_blank” rel=””>Remains of the flow horse bullish, predicting that the next WIF pump will be strong.
Dogwifhat coin technical analysis also supports this prediction. For example, there are now 15 technical indicators in the Dogwifhat buy zone. When making their Dogwifhat price predictions, experts in the cryptocurrency field take all of these factors into account. As a result, they forecast a potential jump to $3.39 once again for WIF in the second quarter of 2024.
KangaMoon: a promising meme coin to invest in
On the other hand, an ethereum-based meme coin called KangaMoon has recorded a 290% price growth. This growing pre-sale sensation has already raised over $5 million and will reach $7 million before the end of April 2024. With so much funding already raised, it could rival meme coin titans like Shiba Inu or Dogecoin one once KANG is released.
Unlike most meme coins, like Dogwifhat, which are driven by advertising, KangaMoon brings something new: utility. To clarify, KangaMoon will be launching a Play-to-Earn (P2E) game where KANG will serve as the main in-game currency. Players will be able to purchase in-game items and upgrade their characters with this meme currency.
Additionally, KangaMoon stands out because it rewards the most engaged members of its community with free KANG tokens before its official launch. This development strongly emphasizes community participation. KangaMoon has therefore seen a massive increase in community activity, with over 20,000 members now liking, sharing and retweeting posts on social media.
In stage 5 of its pre-sale, this innovative meme coin is worth only $0.0196, starting at $0.005, representing a 290% increase. With such deep ties to the P2E gaming industry expected to grow to $885 million by 2028, experts predict impressive profits for KANG. They predict a rise to $1 once a Tier 1 CEX lists this meme coin in Q2 2024.
Can KangaMoon outshine Dogwifhat?
KangaMoon could quickly overtake Dogwifhat because it has a market cap of $19.6 million. This means that KANG only needs another $19.6 million to double its current price.
With this advantage, KangaMoon could become one of the titans of meme coins. If you are interested in this meme coin, register for its pre-sale using the links below and get a 10% bonus on every purchase.
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