Digital currencies like Shiba Inu and Pepe have skyrocketed over the past two weeks. This upswing has been ignited by a Bitcoin surge, which has resulted in a market-wide bullish trend. As Shiba Inu and Pepe continue to ascend, specialists are questioning if KangaMoon presale could surpass them.
KangaMoon’s presale is achieving immense success, and this, coupled with its groundbreaking social-fi model, has made KangaMoon a major hit.
PEPE Joins Top 10 Most Traded Cryptocurrencies
Pepe has become a leading meme coin in less than a year. The project struck an all-time high of $0.000008585 on March 5, and is now ranked the 10th most actively traded cryptocurrency according to CoinMarketCap.
Pepe has dipped by 11.61% from its all-time high, and is now trading at $0.000007505. Although it has decreased in value, Pepe is still up by 694.78% in the last month, and its price is up by 246% over the last week.
Cryptocurrency experts are now divided on how high Pepe will go. On the one hand, experts predict that Pepe will keep soaring. Bearish experts believe that Pepe is significantly overbought. The meme coin could face a price collapse if the bullish market growth begins to decelerate.
Can Shiba Inu beat Dogecoin?
Shiba Inu has been the market’s best performing cryptocurrency over the last week. Following a price increase of 53% in the last 24 hours, Shiba Inu’s market capitalization surged to $23.8 billion and is closing in on Dogecoin.
Shiba Inu is now ranked the 10th largest cryptocurrency by market capitalization, and Dogecoin is ranked number 9. If Shiba Inu can continue to rise, experts believe the meme coin could dethrone Dogecoin by the end of March. Bullish Shiba Inu investors are now doubling down on SHIB, and the meme coin’s daily trading volume increased by 224% in the last 24 hours to $13.57 billion.
KangaMoon (KANG) Presale is Winding Down
The KangaMoon presale garnered headlines throughout February. The project has gained substantial momentum and has captured the attention of cryptocurrency specialists with its performance. Experts predict that KangaMoon’s utility token will offer returns of 320% during its presale.
KangaMoon is unlike any other meme coin in the DeFi space. It offers exceptional utility, giving users the chance to connect and meet kindred spirits while enjoying social-fi features. These features will allow users to monetize their experience while completing weekly, monthly, and quarterly challenges.
Within this ecosystem, users will also have the opportunity to win $KANG and other rewards as part of a Play-to-Earn game. This game will offer action-packed gameplay and several lucrative earning opportunities.
Currently in the third phase of its presale, KangaMoon tokens are selling for $0.01125. Tokens have already experienced two price hikes, and early investors are doubling down with a 10% purchase bonus to maximize their returns.
Can KangaMoon Disrupt The Meme Coin Market?
KangaMoon brings greater usefulness to a somewhat overhyped market. While meme coins are entertaining, they often lack utility and as a result, fluctuate drastically with the market. KangaMoon could offer meme coin-level returns with greater stability. As a result, experts predict that KANG could become a top 3 meme coin in just one year.
