The meme coin market cap recently rose by 2.83% as a result of the outstanding performance of the top nine meme tokens by market cap. However, in anticipation of a larger market cap for meme coins, some tokens are expected to maintain their position among top meme coins, while a couple others are tipped to join the growing list. These coins include Dogecoin (DOGE), Pepe (PEPE), and fast-rising star, KangaMoon (KANG). Particularly, KangaMoon presents a unique DeFi based P2E platform fully integrated with SocialFi and GameFi elements, enough to outshine the recent trending performance of Pepe coin and Dogecoin.
KangaMoon (KANG)
Participating in crypto projects at the early stages has proven to be a crucial factor in achieving substantial profit gains for savvy investors. Moreover, the meme coin market remains one of the most promising sectors to consider when participating in either new or presale tokens. In the Q2 of this year, a new meme coin gem–KangaMoon (KANG), is set to launch a project that may ultimately disrupt the meme coin space.
KangaMoon (KANG), currently in its presale phase, presents a substantial investment opportunity with immense growth prospects. The presale has already yielded an impressive 290% ROI for early buyers of the native token, with analysts anticipating a further cumulative 1000% growth by the time presale concludes. This further sets precedence for the token listing on top tier exchanges sometimes in the Q2 of this year.
Having raised nearly $5 million in presale funding, KangaMoon goes beyond its financial appeal; it fosters a vibrant community for meme coin enthusiasts and offers an interactive ecosystem dubbed Kangaverse which meets at the intersection of SocialFi and GameFi.
In the Kangaverse, users can earn high-value in-game collectibles, and KANG tokens by engaging in diverse activities, including battle contests and speculative bettings. Moreso, they can customize unique in-game characters that can be traded on the platform’s dedicated marketplace alongside other rewards. Looking ahead, KangaMoon is well-positioned to rank among top meme coins this year, with the potential to reach the $2 price milestone.
Dogecoin (DOGE) Bulls To Take Control Again
After experiencing a price correction, Dogecoin (DOGE) is steering into a bullish direction again as the token has seen a daily increase in its trading volume and market capitalization, with both reflecting over $2.6 billion and $29 billion respectively.
In addition to Dogecoin’s recent daily trading volume increase of over 6%, Dogecoin token price has witnessed over 11% increase this past week coupled with about 19% rise in the past month. This positive momentum in Dogecoin price movement is indicative of its market dominance as the largest meme coin by market cap. Holding in a weekly price range of $0.1693 and $0.208, Dogecoin is still anticipating to see higher levels due to BTC’s anticipated surge this year.
Pepe (PEPE) Market Cap Increases
Also seeing a market cap increase of over 3%, Pepe price trajectory is faring well lately as the token holds the position of the 4th largest crypto by market cap. Additionally, Pepe coin has been able to rise up by a whopping 12,500% in the past year.
After this meteoric rise, Pepe has been in a correction phase ever since, however, the token is easily fighting fluctuations as it aims higher. Currently, PEPE coin is holding within a weekly price range of $0.000006426 and $0.000007895 as it losses by over 11% this past month and gains by nearly 3% this past week.
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