Memecoin price forecast: can it keep up with the memecoins frenzy as the likes of Kangamoon rise
- Memecoin (MEME) worth surges fueled by meme craze.
- MEME is projected to reclaim its ATH by the beginning of April.
- KangaMoon’s $KANG presale raises $675,995.01; providing a ten% bonus.
Within the dynamic world of cryptocurrencies, two names have been making waves: Memecoin (MEME) and KangaMoon (KANG). MEME, with its latest bullish pattern, has garnered consideration, whereas KANG’s ongoing presale is making a buzz within the crypto neighborhood.
Let’s delve into the small print of MEME’s latest worth actions, discover its future predictions, and perceive the joy surrounding KangaMoon’s $KANG presale.
Memecoin (MEME): using the meme wave
In latest days, Memecoin (MEME) has skilled a bullish pattern, with its 50-day shifting common sloping upward. The present worth of MEME stands at $0.04372, reflecting a considerable 93.39% improve over the previous month.
This worth surge might be attributed to the continuing hype surrounding memecoins together with Shiba Inu, Floki, and Dogecoin, the place these playful digital property are gaining immense recognition.
The meme coin fever is undeniably a significant factor contributing to MEME’s latest worth ascent, as traders flock to hitch the meme-driven crypto motion.
Memecoin (MEME) worth prediction
Trying forward, worth predictions for MEME recommend a continued optimistic trajectory. The 50-day shifting common, positioned under the present MEME worth, serves as a possible help stage on this bullish pattern.
The Relative Power Index (RSI) hovering throughout the 30-70 impartial zone signifies a balanced pattern, suggesting MEME’s worth may keep this state for some time.
Primarily based on present evaluation, a 5% improve is anticipated by the tip of this week, projecting a price of $0.045. As we peer into the crystal ball of future predictions, the forecast for the tip of March 2024, hints at a sustained uptrend, reclaiming its all-time excessive of $0.05706 by April 2024.
KangaMoon: unlocking the Play-to-Earn expertise
On a parallel monitor, KangaMoon has stepped into the limelight with its progressive $KANG presale. The presale occasion, at present in progress, has seen vital traction, reflecting the keenness of the crypto neighborhood.
With a complete provide of 1 billion $KANG tokens, the presale allocation stands at 600 million tokens.
The presale encompasses a distinctive social-fi mannequin, inviting contributors to have interaction in weekly, month-to-month, and quarterly challenges for the possibility to earn $KANG tokens and unique rewards.
KangaMoon’s dedication to fostering an engaged and vibrant neighborhood is obvious in its Play2Earn options, permitting gamers to construct characters, take part in battles, and even spectate and guess on outcomes.
At press time, the presale has raised $675,995.01, with 6.7% of the tokens bought and 93.3% remaining.
The present stage gives a ten% bonus on all purchases, making it an opportune second for crypto fanatics to get entangled within the KangaMoon motion.
The roadmap for KangaMoon consists of thrilling phases, from beta testing the P2E Arcade to itemizing on top-tier centralized exchanges.
Conclusion
Memecoin (MEME) and KangaMoon’s $KANG are emblematic of the evolving developments within the cryptocurrency house.
Whereas MEME rides the memecoins wave with a bullish surge in worth, KangaMoon’s $KANG presale introduces a dynamic play-to-earn expertise.