Can Dogwifhat Surge Again After A 20% Drop? Ethereum-based Memecoin Shows 290% Price Growth
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.
Dogwifhat experiences a 20% drop, but can it make a market comeback? Meanwhile, KangaMoon, an Ethereum-based meme coin, sees 290% price growth.
Following a 20% decline in its price, Dogwifhat (WIF) holders are now uncertain about the future. Meanwhile, an Ethereum-based meme coin, KangaMoon (KANG), has shown tremendous strength. This Stage 5 presale star has already soared by 290% from its start. In addition, numerous analysts hint that KANG may even become the next $1 meme coin in 2024.
Flow Horse: The Dogwifhat price pump will be strong
Dogwifhat has been experiencing some turbulence. According to CoinMarketCap data, the Dogwifhat price fell from $3.33 to $2.27 in the past seven days – nearly a 20% drop. This meme coin’s market cap also sank from $3.32B to $2.93B in that time. However, crypto analyst Flow Horse remains bullish, predicting that WIF’s next pump will be strong.
The technical analysis for the Dogwifhat coin also supports this prediction. For instance, there are now 15 technical indicators in the buy zone for Dogwifhat. When making their Dogwifhat price predictions, experts in the crypto field note all these factors. As a result, they forecast a potential jump to $3.39 once more for WIF within Q2 of 2024.
KangaMoon: A promising meme coin to invest in
On the other hand, an Ethereum-based meme coin named KangaMoon has recorded a 290% price growth. This rising presale sensation has already obtained over $5M and will reach $7M before April 2024 ends. With so many funds already raised, it could rival meme coin titans like Shiba Inu or Dogecoin once KANG launches.
Unlike most meme coins, such as Dogwifhat, which are hype-driven, KangaMoon brings something new—utility. To clarify, KangaMoon will launch a Play-to-Earn (P2E) game where KANG will serve as the main in-game currency. Gamers will be able to buy in-game items and upgrade their characters with this meme coin.
In addition, KangaMoon stands out as it rewards its most engaged community members with free KANG tokens before its official launch. This development strongly emphasizes community involvement. Therefore, KangaMoon has seen a massive increase in community activity, as over 20,000 members are now liking, sharing, and retweeting social media posts.
In Stage 5 of its presale, this innovative meme coin is worth just $0.0196, starting at $0.005 – representing a 290% surge. With such deep ties into the P2E gaming industry expected to grow to $885M by 2028, experts predict impressive gains for KANG. They forecast a rise to $1 once a Tier-1 CEX lists this meme coin in Q2 of 2024.
Can KangaMoon outshine Dogwifhat?
KangaMoon could quickly overtake Dogwifhat because it has a market cap of $19.6M. This means that KANG only needs another $19.6M for its current price to double.
With this advantage, KangaMoon could become one of the meme coin titans. If interested in this meme coin, sign up for its presale using the links below and obtain a 10% bonus on each purchase.
Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
Ether Surges 16% Amid Speculation Of US ETF Approval
New York, USA – Ether, the second-largest cryptocurrency by market capitalization, experienced a significant surge of ... Read more
BlackRock And The Institutional Embrace Of Bitcoin
BlackRock’s strategic shift towards becoming the world’s largest Bitcoin fund marks a pivotal moment in the financia... Read more
Robinhood Faces Regulatory Scrutiny: SEC Threatens Lawsuit Over Crypto Business
Robinhood, the prominent retail brokerage platform, finds itself in the regulatory spotlight as the Securities and Excha... Read more
How Far Can XRP Price Rally By The End Of 2024?
The crypto market witnessed a notable inflow during Friday’s U.S. market session as Bitcoin projected another attempt ... Read more
Ripple Set For New York Approval Of Stablecoin RLUSD; XRP Ready To Fly?
As per the latest report, Ripple is on the verge of receiving approval from the New York Department… Read more
Ripples RLUSD Launch Sparks Buzz Around Hedera Collaboration!
Ripple’s RLUSD stablecoin is gaining momentum, with speculation surrounding a potential collaboration with Hedera for ... Read more