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Meme coins like Pepe, Dogwifhat, and KangaMoon have soared, following Bitcoin. To quantify, in phase two of its presale, KANG is up 50%. Analysts say Dogwifhat, Pepe, and KangaMoon will likely post more gains after Bitcoin halves in April.
Pepe adds 184%
PEPE is up 184.92%, rising to $0.00000301 in the last week.
As investors question whether or not this bullish activity will continue, Pepe’s trading volume is soaring.
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Trackers show that the daily trading volume increased by 43.41% in the last 24 hours, taking Pepe’s daily trading volume to $2.05 billion.
With this, Pepe is now the 11th most traded cryptocurrency in the world.
Dogwifhat rises to new all-time high
Dogwifhat rose 140%, lifting it to an all-time high of $0.8902 on Feb. 28.
At the time of writing, Dogwifhat was down 9.88% from these peaks. Nonetheless, Dogwifhat investors remain bullish.
Average daily trading volume also increased by 105% in the last 24 hours to $227 million.
KangaMoon presale soars
KangaMoon rose to record an all-time high after a 50% increase in stage two of the presale.
The platform offers utility and a social-fi application.
The project will showcase a new play-to-earn (P2E) game focused on battles. Here, players will have the opportunity to win rewards through competition.
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Through its social-fi features active players will be rewarded with KANG.
Players will also be able to earn additional tokens by completing weekly, monthly, and quarterly challenges.
Throughout its presale, KangaMoon will also reward investors who help to share the KangaMoon presale on social media.
They will be granted additional KANG and buy bonuses.
KANG is currently available for $0.0075 in stage two of the presale. Moreover, presale participants will receive a 10% buy bonus.
Can KangaMoon Outperform Dogwifhat?
Following KANG’s 50% gains, some supporters believe it could flip Dogwifhat once the token launches in 2024.
Read more: Stellar and Bitcoin bullish, KangaMoon gains 50%
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