Memecoins
the race between Pepe Coin and Kangamoon
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Pepe and KangaMoon, two meme coins, are causing a stir in the cryptocurrency sphere with their surges in value.
Pepe (PEPE) has seen a notable increase in its value over the past few trading sessions as it stands at 2,679.4% year-to-date (YTD) and increased positive market sentiment for the wider coin space associated with it. Additionally, another 290% surge was experienced by the meme coin KangaMoon (KANG), which is still in the pre-sale phase.
As a direct result of the two meme coins’ bullish momentum, many are wondering if KANG has the potential to overtake Pepe. To see which one can achieve the most notable growth, provide the highest ROI in 2024, and become a hopeful coin to buy, we will look at both coins individually.
Pepe grows 2,679.4% amid crypto price surge
Pepe has seen a surge in his value over the past year, leaving many investors and traders curious about his future price potential. Over the past year, the Pepe Coin Price increased by 2,679.4%, indicating an encouraging price rise.
Moreover, the Pepe crypto has increased by 14% in a single week and its value has increased from $0.000004037 to a maximum point at $0.000009177 in the last 30 days. With its current growth rate, it is expected to see positive momentum, which can be attributed to the overall market uptrend, yield programs that feature Pepe crypto, and investor interest in memecoins. Based on Pepe’s price predictions, it could end 2024 at $0.0029.
KangaMoon is growing 290% and could reach $1 by Q4 2024.
KangaMoon is another cryptocurrency that has seen a 290% price increase, although it is only at stage 5 of its blockchain ICO. This meme coin has also caught the attention of Pepe coin holders as it completely changes the meme coin space as it offers a vast level of utility.
KANG is worth just $0.0196 and has climbed from a starting price of $0.005, providing a hopeful entry point for those looking to diversify their holdings on a limited budget. Additionally, the platform has over 20,000 registered users although it is not fully launched yet, and there are over 6,0000 KANG holders.
The KangaMoon ecosystem allows anyone to take control of a character and participate in Play-to-Earn (P2E) gaming. Using the KANG token, anyone can purchase items and upgrade their character to become more powerful. The platform also emphasizes a community approach and Social-Fi elements, making it a coin that has the potential to dominate the P2E space, a market expected to reach $885 million in here 2028. According to analysts, KangaMoon can reach $1 by Q4 2024, positioning it as one of the most promising memecoins on the market.
Summary
Pepe has been surging in recent trading sessions, but on the weekly chart it is up by a much smaller percentage, which could hint that its main uptrend may soon end. Meanwhile, the KangaMoon crypto has just started to climb, and at this rate, it could be one of the projects to diversify with as it prepares to reach new heights.
To find out more, visit the official website Kangamoon website or follow the project via Telegram.
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