Memecoins on the second layer ( L2 ) Base network are gaining more and more popularity. They also demonstrate profitable potential, however, The crypto market is seeing a shift in the popularity of memecoins from Solana to Base. Meanwhile, KangaMoon (KANG) is preparing for a listing in Q2 after witnessing surging presale momentum. This could trigger a massive rally for the token, potentially rewarding early investors with huge returns. Some analysts have even forecasted a staggering 100x increase in value in the coming months.
Memecoin Mania on Base
The adventure began with the purchase of 38 Ethereum ( ETH ) in the amount of $113 thousand. The trader spent almost all of these tokens on 85.36 million Degen (DEGEN), which is a new and already very well-known memecoin based on Base. This number of coins cost the user 31.6 ETH, or $108 thousand, and the transaction took place on March 2.
Almost a month later, on March 30, the trader sold 72.73 million DEGEN tokens for $2.83 million in USD Coin ( USDC ). He kept another 12.6 million DEGEN for himself, which at the current exchange rate is valued at $600 thousand. Therefore, the lucky winner’s total profit ultimately amounted to $3.4 million.
Trend change from Solana Memecoins to Base
In recent weeks, the market has seen a shift in activity from Solana-based memecoins to similar assets on Base. Thus, analyst Rekt Fencer, who previously bet on “meme” coins in the SOL ecosystem , now supports tokens on the network from the Coinbase crypto exchange.
Memecoins are one of the leaders of the entire crypto market, the hype for which is unlikely to end , according to analysts. According to Ethereum co-founder Vitalik Buterin, they represent a unique asset class with enormous potential benefits for the entire society.
According to the programmer’s thoughts, “meme” coins can be used for good. For example, for charity and supporting significant initiatives. In addition, Buterin also proposes a more fun and inclusive approach through “Robin Hood games.” Such games aim to redistribute wealth towards lower-income players.
KangaMoon Spreads its Wings in the Crypto Space
Since launching its presale phase, KangaMoon has been steadily building a strong presence in the crypto world. Thousands of investors have already joined the project, attracted by its memecoin status and exciting potential. KangaMoon has successfully raised over $3.8 million in the presale so far, with projections exceeding $9 million before it ends.
The KangaMoon presale has already proven lucrative for early investors, who have enjoyed a remarkable return on investment (ROI) exceeding 180%. Based on its current trajectory, the KANG token is projected to experience a staggering growth of over 800% before the presale wraps up in Q2. This makes KangaMoon an enticing investment opportunity with significant growth potential.
Earning KangaMoon KANG During Presale: Multiple Ways to Participate
At a price of only $0.014 per token, KANG represents a highly affordable memecoin with immense potential. Investors can acquire KANG at a ground-floor price and capitalize on its future growth. Additionally, there’s a tempting 10% presale bonus available for purchases made now.
While the presale is ongoing, individuals have multiple ways to earn KANG tokens. Participating in KangaMoon’s social media campaigns offers a fun and engaging way to accumulate KANG.
SocialFi: Building KangaMoon Community and Earning Rewards
Investors can become part of the KangaMoon platform and connect with a vibrant community of memecoin enthusiasts through its SocialFi features. The platform’s GameFi section allows members to play games, compete for rewards, and earn valuable NFTs, collectibles, and even KANG tokens. KangaMoon emerges as a multifaceted project that caters to both entertainment and financial gain. It offers a unique blend of social interaction, engaging gameplay, and the potential for substantial returns, making it a project worth watching closely.
