The price of Dogwifhat (WIF) has seen impressive gains over the past two weeks, marking two new all-time highs. However, this bullish sentiment positions the cryptocurrency as a formidable challenger to PEPE. On the other hand, KangaMoon (KANG) is shaking up the crypto space with its focus on building a passionate community and integrating cutting-edge features like SocialFi and Play-to-Earn. Moreover, this unique blend could propel KangaMoon to the top of the memecoin food chain, even thought it’s still in 4th stage presale.
Dogwifhat (WIF) Barks at PEPE
The new memecoin Dogwifhat is making PEPE holders sweat. WIF’s total market capitalization has crossed the $3 billion mark and is poised to overtake PEPE. At the time of writing, the first coin’s market capitalization sits at $3.17 billion, while the second boasts $3.36 billion. Meanwhile, If WIF truly overtakes PEPE, the “dog” will snatch 3rd place in the ranking of the most capitalized memecoins, displacing the “frog.”
Technicals signal are bullish for Dogwifhat
Judging by the technical charts, WIF’s bullish movement is just beginning. The Relative Strength Index (RSI) already sits in the bullish zone. Additionally, the Moving Average Convergence Divergence (MACD) indicator also shows a bullish crossover, suggesting the token is on the verge of launching a strong uptrend.
Dogwifhat is currently trading at $3.18 and experiencing a dip after failing to reach a new all-time high of $3.24 over the past 24 hours. If the bullish momentum picks up steam and WIF manages to overtake PEPE coin, the rise could continue. In this scenario, WIF could reach $3.50 and aim even higher.
On the other hand, if the current correction persists, the meme coin could fall to $2.73. This support line coincides with the 50-day exponential moving average (EMA). Losing this level would result in a reversal of the bullish scenario, potentially sending WIF towards $2.50.
KangaMoon is a new rising star in the Memecoin world
KangaMoon is making waves in the memecoin world, with crypto pundits hailing it as a serious competitor in the arena. However, the project boasts a unique blend of features that are resonating with crypto enthusiasts. At launch, KangaMoon will introduce play-to-earn (P2E) NFT gaming, offering users an unparalleled experience. Moreover, fostering a strong community is a cornerstone of KangaMoon’s strategy.
KangaMoon lays out its development trajectory in a clear and concise roadmap. Not only that, this blueprint includes exchange listings, beta testing for the P2E arcade, and the launch of a dedicated merchandise store. Currently, there’s an active push to list the token on prominent Tier 1 CEX exchanges like Uniswap in the second quarter. With its focus on community building, P2E integration, and a well-planned presale, KangaMoon has the potential to disrupt the memecoin market.
Investing in the gaming projects
With the gaming market surpassing a staggering $176 billion, investing in KangaMoon could translate into significant returns in the coming months. Given its attractive entry point, now is the perfect time to jump on board with the project. Savvy investors recognize that early involvement in projects like KangaMoon is where substantial gains are made.
KangaMoon The Future of Memecoins
KangaMoon is on track to become the next memecoin champion, cultivating a thriving community of meme lovers and incorporating SocialFi and Play-to-Earn elements to fuel community engagement, growth, and earning potential. on the other hand, Its native token, KANG, is an ERC-20 token built on the Ethereum blockchain, boasting a total supply of 1 billion.
