Memecoins
Speculation on ETF Approval Grows, These ERC20 Memecoins Could Go Parabolic
Surprisingly, the likelihood of Ethereum ETFs being approved increases over time. In fact, Bloomberg analysts have speculated that ETF approval is now estimated at almost 80%. In anticipation of this trend, more focus is being placed on ERC 20 meme coins, as they have huge potential for magnificent gains amid the possibility of Ethereum. Among the many Ethereum tokens in the meme coin market, KangaMoon (KANG), Pepe coin, and Floki token are among the most likely to go parabolic if ETH ETFs are approved.
Kangamoon (KANG) May Potentially Be the Best ERC Meme Crypto to Buy
Given the many use cases associated with KangaMoon (KANG) platform, it is not absurd to consider the token as the next best coin on the Ethereum network. While Pepe and Floki have made their mark, especially Floki, KangaMoon brings even more utility and an immersive P2E experience that can potentially allow its native token $KANG to rank among the most sought-after meme coins this year.
Basically, KangaMoon appears as a unique SocialFi and play-to-earn token capable of generating unprecedented daily winnings. In the KangaMoon ecosystem (Kangaverse), users can participate in fighting competitions to win KANG tokens anytime, anywhere. While you can also bet on the outcomes of battles to get token prizes, you can also earn NFTs while you participate.
Transforming the mediocrity associated with meme coins, KangaMoon joins Floki to immerse users in a platform where KANG tokens can be used strategically for gains, such as upgrading characters or investing in NFTs or in-game assets for sell later on the market. This KANG gave users over 400% ROI during its presale after rising from $0.005 to $0.025. This prompted many supporters of the GameFi market.
In its presale journey so far, KangaMoon has amassed over 32,000 community members and nearly 10,000 token holders, while collecting nearly $7 million in presale revenue. This smooth progression has led analysts to speculate on an 8,000% spike upon listing on more exchanges, including BitMart and Uniswap. Having already secured a listing on CoinMarketCap and CoinGecko, KangaMoon has the potential to rank among the top meme coins.
Pepe Price benefits from positive momentum that could continue throughout the year
Pepe (PEPE) Coin is also a great contender when it comes to considering the best meme coins to watch for monumental gains. Pepe has always been associated with a broad and loyal community base; an advantage that has made it increasingly relevant in the meme coin market. With over $5.8 billion in market capitalization, the Pepe coin remained the third most valuable meme coin, having only Dogwifhat and Shiba Inu to fight with.
A week has passed since Pepe made his last incentive price change. This time last week, Pepe maintained a rally that accumulated over 40% gain for the token. The investor market is currently closely watching this meme coin due to its ranking on top performing meme coin lists.
Floki’s (FLOKI) is a pioneering force with very bullish potential
Floki (FLOKI) has already left a mark on the meme coin market that will eventually give birth to the next meme coin revolution. Before the launch of Floki, meme coins were particularly known as community tokens, as they were less useful and only catered to social engagement.
However, the Floki token has enabled meme coins cutting across Web3 and the Metaverse, inspiring new trends in utility coins. Specifically, Floki has a metaverse gaming platform known as Valhalla. Here, the Floki token takes control as users can use $FLOKI to further enhance their gaming experience while discovering prizes and rewards.
Additionally, with Floki, users can explore the NFT marketplace, a DEX, staking pool, and other utilities aimed at its community. This positions the token for prolonged relevance in the altcoin market.
Will KangaMoon match FLOKI’s engagement rate?
KangaMoon’s success rate has the potential to surpass Floki’s, both in terms of engagement and symbolic value. This could be influenced by the launch of KangaMoon in the year of the BTC halving and also its unique Kangaverse platform which attracts a large community with SocialFi incentives.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
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