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While DOGE & SHIB soar, the KangaMoon (KANG) ICO has garnered a lot of attention, hinting at a 100x increase at launch.
Dogecoin (DOGE) experienced a significant rally during the past trading session, with its value crossing the $0.085 price barrier on February 16th. This could lead to further gains in the upcoming trading sessions. Additionally, Shiba Inu (SHIB) meme coin has also experienced a huge rally and could reach new heights soon.
Along with these, the one that is attracting the most attention is the KangaMoon (KANG) blockchain ICO. This has the potential for significant growth as it implements a community-driven approach and has social phi features. We'll review each one to determine the best meme coin to invest in.
Dogecoin could rise by 30%
Dogecoin experienced a notable 7.1% rise in the past week after a prolonged season of volatility. Specifically, Dogecoin’s price performance has been bullish overall over the past month and could now reach even higher heights. Last week, the Dogecoin cryptocurrency rose from $0.079 to $0.087.
according to Crypto analyst Captain Fibig, the DOGE crypto is currently on the brink of a symmetrical triangle breakout. If an upside breakout occurs, we will see a 30% bullish rally in the short term. For the cryptocurrency to reach new heights, it will need to cross the $0.090 price barrier. According to Dogecoin price predictions, the cryptocurrency could end 2024 at $0.1285.
Shiba Inu (SHIB) trading volume rapidly increases
The Shiba Inu has experienced significant price increases and may soon achieve further price increases. Over the past week, Shiba Inu's price has trended toward the upper limit, with trading volume he reaching $207 million, showing great momentum on the charts.
The Shiba Inu cryptocurrency has regained some ground, but it needs to attract traders and whales to start the next bull market. Based on Shiba Inu price forecast, it could reach $0.000015 by the end of Q4 2024.
Purchasing activity is increasing at KangaMoon
KangaMoon (KANG) has shown dominance since the start of its presale and is shaping up to be one of the most interesting meme coins of the year. Specifically, adding real utility and value to the ecosystem, the project aims to create a community-driven platform where anyone can access social phi components.
Additionally, this allows all participants to earn rewards and in-game assets while encouraging interaction and healthy competition among members. There are perks to owning KANG tokens, and anyone can participate in weekly, monthly, and quarterly events to earn additional profits.
KANG token is currently in stage 1 of presale trading, priced at just $0.005. Purchasing activity has increased rapidly, with completion rates currently exceeding 41%. In stage 2, it increases to $0.0075. Analysts predict a 100-fold increase in price upon launch.
summary
Dogecoin and Shiba Inu have historically dominated the charts and have been some of the best meme coins to invest in. However, KangaMoon has emerged as a major competitor and could offer significant ROI to traders and investors who jump into it in the early pre-sale stages. This makes it a great cryptocurrency, especially for beginners.
Discover KangaMoon Presale Opportunities Now.
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