Recently, a prominent trader has switched his attention from NEAR Protocol (NEAR) to two meme coins: KangaMoon (KANG) and Dogecoin (DOGE). While DOGE is a well-established meme coin, KANG is a Stage 5 presale star that has made waves in this sector. This trader now hints that a 100x price surge could be in store for KANG in 2024.
NEAR Protocol Price Overview and Prediction
NEAR Protocol (NEAR) has been riding a bullish wave. Over the last 30 days, the NEAR Protocol price has jumped from $4.35 to $6.97 – a 60% increase. During that period, its market cap also grew from $4.50B to $7.34B.
The technical analysis for NEAR also paints a bullish picture. For example, 25 technical indicators are flashing green for the NEAR Protocol crypto. In addition, the NEAR Protocol is now trading above its 50 and 100-day EMAs. As a result, experts in the crypto field have made a bullish NEAR Protocol price prediction. They foresee a growth to $8.72 within Q2 of 2024.
KangaMoon (KANG): One of the Next Meme Coins To Pump
KangaMoon (KANG) has caught the attention of many veteran traders as a rising presale star. It has already provided early buyers with a 290% ROI while raising $4.2M. Specific projections even hint at KangaMoon reaching the $5M level before the end of April 2024.
Unlike 99% of meme coins, KangaMoon boasts real utility through its Play-to-Earn (P2E) game. The KANG token will be the main currency of the game. You can buy in-game items with it and even upgrade your character attributes. They will also introduce exclusive challenges specifically for holders of this meme coin.
To further boost its social media presence, KangaMoon gives free KANG tokens for active pre-launch engagement. As a result, there are now over 20K registered community members. They are all liking/sharing/commenting on KangaMoon’s social media posts to earn this meme coin for free.
This meme coin is currently worth just $0.0196 as it is in Stage 5 of its presale. Demand for it is sky-high as 5,800 individuals are now holding KANG. Experts believe that when a Tier-1 CEX lists KANG in Q2 of 2024, its price will pump by 100x. Given its ties to the P2E gaming market, projected to reach $885M by 2028, this price prediction seems very plausible.
Dogecoin (DOGE): Continues Being Competitive in the Meme Coin Market
Meanwhile, Dogecoin (DOGE) is also making headlines in the crypto sector. For instance, crypto analyst Ali Martinez predicts that Dogecoin will see a massive parabolic bull run soon. Regarding Dogecoin’s price movement, it has surged from $0.13 to $0.18 in the past month alone. Its market cap also grew from $19.02B to $26.45B in that time.
From a technical analysis viewpoint, this bullish trend for this meme coin may continue. Notably, Dogecoin is now trading above its 100—and 200-day EMAs while also boasting 24 green technical indicators. Therefore, market analysts foresee a jump to $0.27 within Q2 of 2024 in their Dogecoin price predictions.
NEAR Protocol vs. KangaMoon vs. Dogecoin – Which One Rises First?
NEAR Protocol, KangaMoon and Dogecoin are all battling to be the next big thing. However, KangaMoon has one major advantage – a low market cap of $19.6M. This means that KANG needs way less new money than its competitors to drive its price up. If you are interested in the best meme coin to invest in, sign up using the links below and get a 10% bonus.
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