Pepe, Doge holders turn to KangaMoon amid raging presale momentum
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After significant surges over the past month, some analysts predict that Pepe and Dogecoin could face corrections in March, as both tokens are currently in overbought zones, which usually trigger price declines. Investors are now shifting focus to KangaMoon. This new meme coin has built significant momentum during its presale and could see decent returns soon.
Pepe (PEPE) becomes third most popular meme coin
Pepe has been in the spotlight since its introduction in April 2023. After some initial success, experts believed that Pepe was just another failed meme coin following several crashes. However, its recent performance has put Pepe in direct competition with Dogecoin.
Over the last 24 hours, Pepe increased in value to a new all-time high of $0.000008585. According to data on CoinMarketCap, Pepe is now the 10th-largest cryptocurrency by daily trading volume. Pepe’s daily trading volume is $3.73 billion, up 12% in the last 24 hours.
With additional growth predicted should Bitcoin (BTC) continue to rally, crypto experts and investors are bullish on Pepe. However, if Bitcoin faces a correction, the price of Pepe could dip again.
Dogecoin (DOGE) hits a 2-year high
After a slow performance in February, Dogecoin has started to rally. Its price surged 90% over the last week to $0.1833, and Dogecoin has become the 7th-ranked cryptocurrency by daily trading volume.
On March 5, Dogecoin’s daily trading volume hit $8.2 billion with a market cap of $26.27 billion. Dogecoin’s trading activity increased by 61% in the last 24 hours, suggesting the market is bullish about the meme coin.
Meme coin enthusiasts Flock to KangaMoon’s (KANG) presale
KangaMoon is gaining traction throughout the meme coin market. Over the last month, the project increased in value twice after selling out during two presale stages. Now, with stage 3 in full swing, investors are preparing for additional price increases in March and April.
Although classified as a meme coin, KangaMoon showcases significantly greater utility than most options on the market. The project offers social-fi and P2E features to create a unique environment.
Investors can complete challenges and win rewards by interacting with other players. They can also play the KangaMoon P2E game, which will offer rewards for competitors.
During the KangaMoon presale, investors have several ways to maximize their KANG portfolios. In addition to buying bonuses, investors can help to promote the KangaMoon presale. By doing so, they’ll be rewarded additional KANG tokens. KANG is currently selling for $0.01125 per token,Â
KangaMoon is a refreshing take on meme coins. Its unique focus on social-fi makes it unlike anything else currently available to investors. Crypto experts are bullish about KangaMoon. Within a year, they believe KANG could become a top meme coin.
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