Recently, Elon Musk made a bullish statement about Dogecoin (DOGE), forecasting a $1 valuation. Meanwhile, KangaMoon (KANG), a Stage 5 presale star, has surpassed the $3.9M milestone. Many analysts even forecast this rookie becoming the next 100x meme coin in 2024. Smog (SMOG) is also making headlines in the meme coin space. Let’s find out more.
Dogecoin Price May Hit $1 As per Elon Musk
Dogecoin (DOGE) has been riding a bullish wave in the meme coin market. CoinMarketCapdata shows that the Dogecoin price increased from $0.14 to $0.20 in the last 30 days. During that time, this meme coin’s market cap grew from $20.50B to $29.35B.
Recently, Elon Musk shared a new animation stating, “The circle will be complete.” Therefore, a long-awaited integration of Dogecoin crypto payments on the platform could be sooner than we think. Because of this fact, this meme coin could hit $1 soon. As a result, experts have made a bullish Dogecoin price prediction. They foresee a rise to $0.33 within Q2 of 2024.
KangaMoon (KANG) Reaches $3.9M During Ongoing Presale
A new player in the meme coin space, KangaMoon (KANG), has done something extraordinary. Its ongoing presale has raked in more than $3.9M so far, with projections of reaching $5M before April 2024 ends. KangaMoon is gaining so much attention because it brings something new to meme coins by offering actual utility.
Essentially, KangaMoon will release a Play-to-Earn (P2E) game where KANG will serve as the in-game currency. Owning KANG is necessary for upgrading characters and buying in-game items. The platform’s unique challenges and rewards system allows KANG holders to earn additional tokens and items that can be traded or sold.
Its strong community engagement efforts set KangaMoon apart from its meme coin competitors. Before launch, participants who like, comment, and share on social media are rewarded with free KANGs. This initiative has sparked a large wave of user activity as traders look to acquire more of this innovative token.
This meme coin is currently worth only $0.0196 - a 291% rise from its starting price of $0.005. However, remember that KangaMoon has ties to the P2E games market, which Yahoo Finance predicts will hit $885M by 2028. Therefore, experts predict KANG will surge by 100x in Q2 of 2024 once a Tier-1 CEX lists it.
Smog Price Prediction: Riding a Bullish Wave
Smog (SMOG) is another meme coin showing bullish signs. Over the last 30 days, the Smog price soared from $0.092 to $0.219 - a 217% rise. In that time, its market cap jumped from $71.99M to $170M.
Additionally, Smog has been showing bullish signs from a technical analysis perspective. For instance, 12 technical indicators are flashing green for the Smog coin. As a result, market analysts have made a bullish Smog price prediction. They forecast a rise to $0.22 for this meme coin within Q2 of 2024.
Dogecoin vs. KangaMoon vs. Smog - Which One Rises First?
In the war between Dogecoin, KangaMoon and Smog, it’s clear that KangaMoon is the underdog. With a market cap of only $14M, KANG’s potential for growth is way higher as it needs less new funds for its price to rise. If you are interested in one of the best meme coins to invest in, sign up now and get a 10% bonus.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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