This New Meme Coin To Rank Among Top Crypto Coins with Growth Prospects in 2024

In recent news, Bonk (BONK) is riding the wave of the bullish sentiment in the broader crypto market while Polygon (MATIC) faces difficulties in breaking past the $0.76 resistance level. Bonk’s price increase particularly demonstrates market optimism, whereas Polygon fluctuation dampens analysts’ expectations. Meanwhile, KangaMoon, a new market entrant in the meme coin niche has been making impressive moves since the start of its token presale. In what appears to be a show of resilience, KangaMoon has drawn an influx of investors with bullish prospects to rank among top cryptocurrencies in 2024.

KangaMoon (KANG) Secures New Partnership in it’s Network 

KangaMoon (KANG) is showing its resilience in the meme coin market, exhibiting more growth credentials than other established meme coins like Bonk coin. Notably, KangaMoon now boasts a rapidly growing community of more than 20,000 members, consisting over 6,000 token holders who have contributed significantly to the project’s presale successes, including raising $5.9M plus in presale revenue for future expansion. 

The project’s native token – KANG is also known for its dual functionality – serving as both governance, and utility token as an in-game cryptocurrency within the project’s dynamic gaming ecosystem dubbed “Kangaverse.” As such, users can participate in different activities within the ecosystem to earn rewards in KANG tokens and other high-value in-game collectibles.  

Currently in the fifth presale stage, the native KANG token has witnessed a significant boost in price from a starting price of $0.005 to $0.0196, delivering up to 290% ROI for early buyers. Meanwhile, experts predict a possible 50x surge for the KANG token once it finally secures listings on top-tier exchanges later in the second quarter. 

Also, in a recent development, KangaMoon collaborated with RaidSharksBot to increase their community engagement, thus creating a more vibrant and interactive community. The introduction of an advanced raid bot would add to the excitement, and help members to engage in the raids and share a $1000 prize pool monthly.

Bonk (BONK) Records Increase in its Price Chart: Will it Hit New Highs Soon?

Bonk (BONK) has had an elevated uptrend since the start of 2024, with the year-to-date price chat reflecting around 3935% increase during the period. Despite the recent market downturn, Bonk’s price trend has continued on a similar path in the past month, exhibiting a 6% plus increase in value.

Currently trading within a weekly price range of $0.000014 and $0.000026, Bonk price further reflects nearly 80% weekly gain, positioning it among the most consistent profitable tokens this year. Moreso, the soaring Bonk price further highlights the growing interest in the meme coin market as well as the strong resilience to dominate the broader crypto market.  

Crypto Analysts Talk About Polygon’s (MATIC) Recent Price Performance 

Among top cryptocurrencies, Polygon (MATIC), the native token of the Polygon network, records one of the most sluggish price trajectory this year. While the rest of the market rallied to new yearly highs, the Polygon price kept sliding down steadily, losing nearly 34% in the last month, and over 27% in the last year, pushing investors to turn to promising coins like KangaMoon. 

Nevertheless, an optimistic outlook may exist for investors because crypto analysts are expressing different forecasts. Firstly, Michaël van de Poppe presents his opinion calling the chart “absolutely shameful” and highlights the fact that MATIC coin lost significantly in comparison with other cryptocurrencies. 

Michaël further recommends that an investor might want to hold it only if it drops by another 30%, noting that there may be better opportunities elsewhere. Conversely, another analyst Ali has a more bullish outlook, spotlighting negative signals such as the 30-day, 365-day, and MVRV Z-Score Ratios for Polygon token, which indicates the current dip in the MATIC as a purchase opportunity.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

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