Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on goods, services or content mentioned in the press release.
All top meme coins go through periods of downtrend caused by different economic situations. While such a downturn is not unexpected, if it continues for long, it could lead to a massive dump on investors. Shiba Inu (SHIB) is one of the top meme coins, which has witnessed a slight price retracement in recent weeks. However, despite the decline, experts believe that things will improve soon.
Meanwhile, KangaMoon (KANG), seen as a major rival to Shiba Inu, is heading to the moon and luring whales to its ongoing pre-sale. With the momentum rising, traders who bought early are already smiling as the profit margin continues to widen. Is KANG one of the 5 best meme coins you can buy right now? Let’s take a look below.
KangaMoon Price Poised for Huge Rise: Could Surge 50x in June
KangaMoon is one of the best meme coins that has attracted massive attention in the crypto market. The native KangaMoon token KANG, which started pre-sale at $0.0050, has moved up the ladder and is now selling for $0.025. This represents an increase of 400% within a few weeks of the pre-sale. As such, early buyers have achieved a 400% return.
Meanwhile, crypto experts believe that more rallies are on the way as the KANG token will appear on the CEX exchanges in the coming weeks. With this in mind, KANG could do 100x in the third quarter, which would put it on the list of investors’ top meme coins ahead of its listing on BitMart. So far, almost 10,000 people have purchased the pre-sale, while the number of community members is almost 30,000. This puts KANG on the top list of meme coins ahead of bull season.
To be part of this thriving community, you can purchase KANG now for just $0.025. The presale is in the bonus phase and may therefore end earlier than expected. The team is on track to raise $7 million in pre-sales, which could rise to $10 million. Meanwhile, KangaMoon is a revolutionary ecosystem that integrates Play to Earn and socialFi to provide users with a seamless platform for gaming.
Outside of playing games, users can speculate on match results and win rewards. The team also unveiled various incentives for users. Users earn KANG tokens when they promote the project on social media. The KangaMoon staking dApp is live and users can stake their tokens for rewards. With the rising momentum, KANG is one of the meme coins you can buy now.
Shiba Inu price falls, but analysts predict a bullish reversal
Shiba Inu (SHIB) is an Ethereum-based meme coin with a large community. Although it started as a meme coin, the Shiba Inu ecosystem has grown to include Shibburn, Shibswap, NFTs, etc. As a deflationary token, Shiba Inu has a token burn feature that causes tokens to be burned from time to time to reduce scarcity creating and stabilizing the price.
In the past week, Shiba Inu burn rates have increased by 50%, with analysts hinting at a revival in prices. In the last 90 days, the price of Shiba Inu has increased by more than 100%. While the market is still struggling with the bears, analysts believe Shiba Inu will recover quickly. The token has already passed the 200-day SMA of $0.00001568 and is approaching the 50-day SMA of $0.00002552.
As such, most Shiba Inu price predictions indicate a retest of the March bull run that saw the price reach $0.000035. Although key Shiba Inu market indicators such as trading volume and market capitalization are not showing a significant rally, experts see a bullish reversal in the offing as market sentiment for the coin is green.
Discover the exciting KangaMoon (KANG) pre-sale opportunities today!
Website: https://Kangamoon.com/
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Disclaimer: This is a paid article, from a third party. Cryptocurrencies are a highly volatile and unregulated investment. Readers should do their own research before taking any action regarding the promoted company or any of its mentioned businesses or services. CryptoBenelux is not responsible, directly or indirectly, for any damage or loss caused by or in connection with reliance on goods, services or content mentioned in the press release.
Source: https://cryptobenelux.com/2024/05/20/analisten-voorspellen-dat-shib-ondanks-uitdagende-omstandigheden-goed-zal-presteren-zit-rivaal-kang-op-hetzelfde-pad/
