Analysts are all hands on deck with the 2024 bull run underway for potential top gainers. One of them is KangaMoon (KANG), which aims to overthrow already-established frontrunners like Shiba Inu (SHIB) and Gala (GALA). In fact, many analysts foresee this innovative meme coin, now in Stage 3 of its presale, hitting $0.5 in 2024. Let’s find out why.
KangaMoon (KANG): One of the Next Meme Coins To Surge
KangaMoon (KANG) is breaking meme coin records with its innovative outlook. Unlike most meme coins, KangaMoon brings a play-to-earn (P2E) game ecosystem to the table that puts its native token, KANG, at the forefront. Thus, anyone can use the KANG token to upgrade their characters in KangaMoon’s upcoming P2E game.
One factor that makes KangaMoon stand out from other meme coins is its focus on community. Through social media engagement, like commenting and retweeting posts, active members can earn free KANG tokens as the presale is live. This method helps spread the word about KangaMoon.
On top of all this hype, KangaMoon’s value has surged. KANG is now worth just $0.01125 in Stage 3 of its presale - a 125% growth from its starting price of $0.005. But, market analysts predict that a $0.5 valuation for KANG may come when a Tier-1 CEX lists it in Q2 of 2024.
With ties to the P2E NFT games market, which Research Reports World claims will grow at a CAGR of 17.93% between 2023 and 2028, its long-term growth potential is excellent. Thus, if you are interested in one of the best meme coins, sign up below and obtain a 10% bonus on each purchase.
Analyst Jake Remains Bullish for Shiba Inu (SHIB)
Crypto analyst Jake recently made a bullish Shiba Inu (SHIB) statement. His new tweet states that SHIB will be the #1 meme coin in 2025. The Shiba Inu price movement has jumped from $0.000009398 to $0.0000323 over the last 30 days alone. Its market cap grew from $5.56B to $19B during that period.
The technical analysis for this meme coin also shows a bright future. For instance, 24 technical indicators show buy signals for the Shiba Inu coin. Additionally, it now trades above its 50 and 100-day EMAs. Because of this, experts have made a bullish Shiba Inu price prediction. They forecast a surge to $0.000050 for Shiba Inu within Q2 of 2024.
Gala (GALA): New PlanX Partnership
Meanwhile, Gala (GALA) has made headlines in the crypto market. Notably, Gala announced a new partnership with PlanX. This collaboration will improve the community-driven blockchain gaming landscape.
This Gala news may become a catalyst for its price to skyrocket. The Gala coin value has increased from $0.024 to $0.067 in the past 30 days. Its market cap surged from $686M to $1.99B in that time. Furthermore, GALA now boasts 26 technical indicators in the green. As a result, market analysts predict an increase to $0.11 within Q2 of 2024 for Gala.
What Gives KangaMoon an Advantage Over Shiba Inu and Gala?
KangaMoon has an advantage over Shiba Inu and Gala because it has a lower market cap of $11.25M. This means KANG’s price can skyrocket faster with less new money flowing in. Therefore, KANG could rule the 2024 bull run and become a dominant force in the meme coin space.
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