,Three years after the GameStop saga of 2021, which was later turned into a documentary movie, it appears to have returned in the past few days. While the return saw the retailer’s stock surge, the hype didn’t last, with investors quoted to have lost $13.1B in just 3 days from the mania hype.
This has seen holders move over to Pepe and KangaMoon to recover from losses. Pepe is one of the top-performing meme coins in the meme coin market while KANG has given early buyers over 400% returns as it nears listing across major CEX exchanges.
KangaMoon Price Surges by 400% As BitMart Plans Listing.
While GameStop investors are counting their losses, KangaMoon (KANG) is gaining traction, surging by 400%, with early investors now having massive returns. With BitMart planning its listing in the coming days, KANG might witness over 500% rallies in June, making it one of the best meme coins to buy now.
The KangaMoon ecosystem is already booming, with over 32,000 community members and over 10,000 token holders.
This surging momentum has helped the team raise over $6.9M in presale and that could hit $9M before the end of May. The KangaMoon native token, KANG, an ERC20 token is in the bonus stage of the presale and sold for just $0.025. With the staking dApp live, users can stake their assets and earn maximum APY in the coming weeks.
Meanwhile, KangaMoon is the next top meme coin that is building a vibrant community for meme enthusiasts. The platform will combine Play to Earn and the social fi model. With the P2E feature, players can connect with other players globally and engage them in fights to test their skills, while the SocialFi model allows users to engage in weekly, monthly, and quarterly challenges and earn rewards.
Notably, match winners are rewarded with virtual currency and rare in-game items that can be traded or sold in the games marketplace. To boost engagement, KangaMoon has partnered with RaidSharksbot, with winners getting a $1000 monthly reward. With the upcoming listing across CEX exchanges, analysts tip the price to hit $0.5 in June, making it one of the best meme coins to buy now.
Pepe Price Prediction – Analysts Predict 10x Rallies.
Pepe is one of the top meme coins that has witnessed massive rallies in the past few months. According to data from CoinMarketCap, the Pepe coin has gained over 118% in the past month and 20% in the past week. This surging momentum is also said to have benefited many investors, with a whale quoted to have turned $3K to $46M, according to Lookonchain on Twitter.
Meanwhile, the Pepe market cap has surpassed $5B with analysts projecting $6M soon. Also, the Pepe trading volume is surging with a record $4B daily trading volume. Pepe is trading above its 21 and 50-day EMA, with key market indicators trending bullish. As such, some Pepe price predictions tip the price to hit $0.00005 in the coming weeks, putting it among the top meme coins to watch in June.
GameStop Price Drops As Investors Consider Options.
After the 2021 saga, one would think that Gamestop investors might have learned their lessons. However, it seems they have been fooled again. The recent return saw the video game retailers’ stock prices surge.
This means that many GameStop-related meme coins have also witnessed massive rallies. However, like before, the hype didn’t last as the company’s stock dropped by 26% on Friday after it unveiled plans to sell up to 45M shares.
The GameStop price has declined by 73% from its all-time high, moving from the $0.02 ATH recorded on May 15 to $0.005. The GameStop trading volume has also declined significantly as investors search for alternatives. While investors might have lost heavily, the resurgence of GameStop shows the power of social media in reshaping the crypto market dynamics.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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GameStop Price Plunges, Are Holders Pivoting To Pepe and KangaMoon
Release: 2024/05/25 21:13 Reading: 956
Original author:CaptainAltcoin
Original source:https://coinmarketcap.com/community/articles/6651d3ca24db7f6949f51fbb
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