Meme coin garnering attention; analysts bullish on OP and DOGE

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KangaMoon is taking the socialFi and play-to-earn (P2E) route, aiming to redefine the landscape. Meanwhile, Optimism (OP) may surge following its successful fourth airdrop. Amid this, experts are still tracking Dogecoin (DOGE).

Dogecoin in focus

As Dogecoin consolidates above the $0.1 mark, analysts are upbeat, citing previous formation which saw the coin soar by 28,770%.

Confidence is also high after Ferrari said it accepts the meme token as one of its payment options.

Optimism may rally

Optimism successfully completed its fourth airdrop, and OP holders are upbeat of what lies ahead.

During the airdrop, NFT and web3 creators received roughly $38 million in OP.  

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Following the airdrop, OP rose to $4.12 before cooling off to the current weekly range of $3.72 and $3.90.

Supporters expect more price gains in the weeks ahead.

KangaMoon taking a fresh approach

KangaMoon is embracing meme culture but also introducing a GameFi concept, bringing a fresh perspective to the arena.

At its core, the platform integrates play-to-earn (P2E) and SocialFi elements within a cohesive ecosystem, aiming to cultivate a vibrant community of meme enthusiasts.

Notably, participants are allowed to engage in diverse gaming activities that foster interaction and competition while earning tangible rewards and prizes with real-world value.

So far, the project has raised over $400k in its presale.

KANG is up 50%, trading at $0.0075, up from $0.005.

Supporters remain confident, predicting more gains in the months ahead.

Read more: Binance and KangaMoon soaring, Chainlink is under pressure

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