A lot of meme coins have popped up lately. But KangaMoon (KANG) is different. Many analysts have even pegged this Stage 1 presale star as the next 100x meme coin in 2024. Meanwhile, Shiba Inu (SHIB) and Floki (FLOKI) are also great competitors. They are both showing green recently. Let’s find out more.
KangaMoon (KANG): Combining P2E and Social-Fi Elements
KangaMoon (KANG) is a social-fi embedded, play-to-earn (P2E) game. Players can build characters and go into battle to gain rewards. The goal is to generate an ecosystem where people actively contribute and have fun.
Unlike other meme coins that rely purely on hype, KANG has real utility. This meme coin serves as the primary in-game currency on KangaMoon. It allows players to participate in activities within the ecosystem, like betting on fights or gaining access to challenges. These challenges will provide more tokens and in-game items for winners.
Not only that, but all these rewards can be traded or sold on the KangaMoon marketplace, effectively monetizing your gaming time. This sets it apart from other meme coins since most others have no use beyond being coins.
Currently, one KANG token costs just $0.005. However, this is a Stage 1 presale price, and its price will skyrocket as it advances. In fact, market analysts predict a 100x jump once this meme coin hits exchanges in Q2 of 2024. Given that it has already raised close to $100,000, the future for this DeFi project looks very bright.
Shiba Inu (SHIB) Sees Impressive Growth
Recently, Shiba Inu (SHIB) has experienced a price rally. According to CoinMarketCap data, the SHIB value has increased from $0.0000090 to $0.00000942 in the past week alone. Its market cap surged from $5.33B to $5.51B during that time.
If we look at its technical analysis, the Shiba Inu price may continue this uptrend. For example, 20 technical indicators are green, while the Shiba Inu coin is trading above its 50- and 100-day EMAs. As a result of all these factors, experts in the crypto field have made a bullish Shiba Inuprice prediction. They foresee this meme coin surging to $0.00001022 in March 2024.
Floki (FLOKI): A 12% Surge on the Weekly Charts
Meanwhile, Floki (FLOKI) – another meme coin, has also experienced noteworthy gains. If we look at the CoinMarketCap data, we can see that the Floki price has pumped from $0.00002804 to $0.00003122 in the past week alone. Its market cap surged from $268M to $298M in that same period.
As this meme coin trades above its 50 and 100-day EMAs, market analysts are bullish on its long-term growth. Their Floki price predictions predict its value hitting the $0.00003461 level in March 2024.
KangaMoon vs. Shiba Inu vs. Floki – Which One Stands Out?
KangaMoon’s low market cap of $5M makes it easier for new funds to give it significant price surges. On the other hand, Shiba Inu and Floki will struggle. Plus, unlike them, KANG has actual utility as an in-game currency. Because of this, KANG may be the best meme coin to invest in during 2024.
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Source: https://cryptodaily.co.uk/2024/02/kangamoon-kang-the-newcomer-that-is-surging-shiba-inu-shib-and-floki-floki-trade-in-the-green