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A new meme coin is gaining attention, and traditional meme coins like Shiba Inu (SHIB) are losing momentum. This project has already achieved a 50% return and now the holders of Solana (SOL) are exploring the project.
According to experts, KangaMoon (KANG) could now offer returns of 220% during its pre-sale.
Shiba Inu Investors Prepare for Shiboshi Launch
SHIB is up over 5% in the last week as investors patiently wait for the launch of SHEboshis. This exciting new collection of NFTs is expected to offer a much-needed boost to the Shiba Inu ecosystem.
The collection is expected to launch this weekend and Shiba Inu's marketing chief has warned investors about scams. In a recent post, he highlighted that SHEboshi have not been released yet and that any project selling them is a scam.
Upon launch, a select group of Shiboshi holders can mint SHEboshis at no cost for 72 hours. After this period of time, LEASH token holders will have the opportunity to mint SHEboshis for 24 hours.
Upon launch, SHEboshis will be accessible on trading platforms such as ShibaSwap.
KangaMoon increases by 50%
Kanga Luna added 50% over the weekend when phase 1 of the pre-sale sold out.
Having already attracted an audience of 2,000 bullish investors, the project is now aiming for the moon.
KangaMoon has a unique combination of money-making games and social fiction that sets it apart from other projects. It offers exciting P2E gameplay along with innovative social-fi features to create a vibrant investor ecosystem.
Investors in the KangaMoon ecosystem can earn KANG by completing weekly, monthly and quarterly challenges, as well as for their social interactions, which promotes social activity within the community.
Investors who purchase KANG tokens can take advantage of a 15% purchase bonus. Once launched, experts speculate about a possible increase.
Investors who promote the pre-sale can earn additional KANG tokens. The new incentive provides opportunities to earn KANG, which is currently priced at $0.0075.
Solana reaches resistance at $120
Solana made significant gains over the past week, adding 7.6%.
Following this rally, SOL's daily trading volume surpassed $1.5 billion and many experts predicted that it would surpass its previous resistance of $120.
However, after reaching $118 on February 15, Solana refused at $112.34. This setback has slowed Solana's overall growth and decreased overall activity.
As a result, some investors are now choosing to buy KangaMoon.
Can KangaMoon influence the meme coin market?
KangaMoon needs to perform well to stand out in the meme coin space. The project is already gaining momentum and can stand out in a highly competitive environment.
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