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KangaMoon eyes competition with Dogecoin and Pepe as it surges 125%

Release: 2024/03/13 22:33 Reading: 436

Original author:crypto.news

Original source:https://coinmarketcap.com/community/articles/65f1b395a14c5d1222732d7a

KangaMoon eyes competition with Dogecoin and Pepe as it surges 125%

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only.

KangaMoon (KANG) emerges as a new contender, already marking a 125% surge post-launch. This meme coin integrates P2E NFT gaming and a social-fi model, aiming to create a vibrant community.

KangaMoon quickly gains traction

KangaMoon is a meme coin incorporating P2E NFT gaming with a social-fi model. As such, the platform creates a community of meme coin enthusiasts where intense gaming competitions thrive. It also allows players to tackle themselves and earn free $KANG tokens.

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So far, KangaMoon has been successful in its crypto ICO. The project is in its 3rd presale stage and has raised more than $1,000,000 while setting sights on the $2 million mark.

From its starting price which was $0.005, KangaMoon has surged to $0.01125.

Analysts observe that KangaMoon is a new meme coin that has the potential to rise to $1 in 2024.

The KangaMoon team has also announced plans to list the token in a Tier 1 CEX exchange in Q2 of 2024.

Meanwhile, holders of the $KANG token can earn more tokens when they participate in community activities like sharing posts, and tweets that promote the platform. KangaMoon is a community-driven meme coin where investors hold substantial stakes in the project.

Investors can also earn through the referral program by inviting their friends and ensuring they purchase the KANG token.

You might also like: Pepe, Doge holders turn to KangaMoon amid raging presale momentum

Pepe faces competition from KangaMoon as token rise

Although Pepe (PEPE) has been on the uptrend since the start of the year, the token is set to be rivaled by an emerging meme coin, KangaMoon.

The Pepe coin has been the highlight of the meme coin market in the past year. The meme coin’s year-to-date price metric shows a massive  504,941 price rally based on data from CoinMarketCap.

In the past few days, Pepe has continued to set a new all-time high record with the meme coin price jumping to $0.000002812. Analysts believe that Pepe might continue trending in the bullish pattern as long as the meme coin market continues to boom. 

You might also like: Bonk’s price jump outperforms Pepe in notable AI crypto presale

Dogecoin sets eyes on key resistance trendline of $0.17

Dogecoin (DOGE) has maintained resilience as the token climbs past the $0.16 mark. With an increase of 100% in the past month and a further 30% noticed on the weekly chart, Dogecoin bulls are making a concerted effort to stabilize the token at this threshold.

Having found support at this level, the Dogecoin price is now setting its eyes on the key resistance level of $0.17. Analysts believe that a break out of this zone could spark massive bullish momentum in the coming weeks.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

Website: https://Kangamoon.com/

Read more: Top 3 cryptos attracting investors’ attention: KangaMoon (KANG) Solana (SOL) and Dogecoin (DOGE)

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