The meme coin market has been attracting a lot of attention lately. Murad, a well-known analyst in the industry, made a bold prediction about Pepe (PEPE). Meanwhile, Shiba Inu (SHIB) whales have moved to another token called KangaMoon (KANG). This rising presale star, now in Stage 5, may even become the next $1 meme coin in 2024, according to some analysts.
Murad: Pepe (PEPE) May Flip Shiba Inu (SHIB) and Dogecoin (DOGE)
Recently, Pepe (PEPE) has been dominating the meme coin space. Over the last week, the Pepe price increased from $0.0000047 to $0.0000073. In that time, PEPE's market cap jumped from $2.01B to $3.08B. Crypto analyst Murad claims Pepe may soon flip the meme coin titans Shiba Inu and Dogecoin.
He states that this meme coin's cult community with 10M+ unique memes may help it rise. The technical analysis for the Pepe coin also supports this statement. For example, Pepe is now trading above its 21 and 50-day EMAs. Therefore, experts have made a bullish Pepe price prediction. They foresee a rise to $0.000024 within Q2 of 2024.
Shiba Inu Price Analysis: Showing Green
Meanwhile, Shiba Inu (SHIB) is a meme coin that is now on an uptrend. CoinMarketCap datashows that the Shiba Inu price increased from $0.000021 to $0.000024 over the past seven days. During that period, its market cap soared from $12.78B to $14.63B.
From a technical analysis standpoint, this bullish trend for the Shiba Inu crypto may continue. Notably, there are now 19 green technical indicators for Shiba Inu. Because of this, analysts have made a bullish Shiba Inu price prediction. They predict a potential jump to $0.000040 within Q2 of 2024. Nevertheless, whales are looking at projects with bigger growth potential.
KangaMoon (KANG): Among the Next Meme Coins To Pump
Within the meme coin market, KangaMoon (KANG) has quickly become popular with over 6,000 holders and 20,000 community members. This has resulted in KangaMoon raising over $5.9M, with projections of it reaching $6M before April 2024 ends. Many SHIB whales are gravitating to this rising presale star due to the unique utility it provides.
KANG differs from most other meme coins because it can be used as in-game currency for KangaMoon's upcoming Play-to-Earn (P2E) game. Players can use this meme coin to buy in-game items or improve their characters' abilities.
KangaMoon also shows its dedication to community involvement by giving free KANG tokens to its most active members before its launch. This move has made countless traders like/share/comment on KangaMoon's social media posts. Thanks to a recent partnership with RaidSharks and a $1,000 monthly reward pool, its community is bound to grow.
Currently, KANG is in Stage 5 of its presale and costs only $0.0196 - a 290% rise from its starting price. Some experts think prices could reach around $1 after being listed on one top-level CEX in Q2 2024. With ties to the P2E gaming market, which is projected to reach $885M by 2028, this prediction seems plausible, making KANG the top meme coin to invest in.
Can KangaMoon Outshine Pepe and Shiba Inu?
With a market cap of $19.6M, KangaMoon could be the next big meme coin. It outpaces Pepe and Shiba Inu because it needs less money to enter, so prices can go up much faster. Given this advantage, whales are looking into KangaMoon, hoping for greater returns than what other meme coins offer. Follow the links below to obtain a 20% buying bonus.
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