Shiba Inu’s Shibarium Completes Its Hard Fork, Pepe Traders Flock To New Meme Coin Sensation
The post Shiba Inu’s Shibarium Completes Its Hard Fork, Pepe Traders Flock To New Meme Coin Sensation appeared first on Coinpedia Fintech News
As meme coins continue to rise, the Shiba Inu (SHIB) Shibarium network completed its hard fork. On the other hand, traders from the Pepe (PEPE) community started looking at a new meme coin – KangaMoon (KANG). Many analysts hint that this Stage 5 presale star may evolve into the next 100x meme coin in 2024. Let’s see why.
Shiba Inu Price May Rise After Shibarium Hard Fork
Shiba Inu (SHIB) has recently been making waves in the meme coin space. Notably, the L2 solution for Shiba Inu, Shibarium announced it has completed its new hard fork. This hard fork will enable transactions that are “lightning quick” and gas fees that are “reliable.” According to the Shiba Inu team, this hard fork was necessary to tap into its hidden functionality.
This development may trigger a rally for this meme coin. Over the past year, the Shiba Inu price surged 130% while its market cap held at $13.40B. Additionally, over 16 technical indicators are flashing buy signals for the Shiba Inu coin. Because of this, experts have made a bullish Shiba Inu price prediction—$0.000035 before Q2 of 2024 ends.
Pepe Trading Volume Continues Rising
Meanwhile, Pepe (PEPE) is another meme coin showing bullish signs. Now ranked 9th among the top ten cryptocurrencies by trading volume, this meme coin has left XRP in its dust. Pepe’s trading volume increased over $1.4B while XRP’s sat at $1B.
Not only that, but the Pepe price soared 640% in the past year alone, as its market cap held at $3.20B. The Pepe coin is also trading above its 50 and 100-day EMAs. As a result, market analysts foresee a rise to $0.000011 within Q2 of 2024 in their Pepe price predictions. However, many traders seek considerable growth potential in the meme coin space.
KangaMoon (KANG): A Member of the Best New Meme Coins
Amidst this meme coin craze, KangaMoon (KANG) has made headlines with its presale performance. It has already generated over $6M and is on track to hit $7M by May 31, 2024. Furthermore, there are now over 20,000 community members and 6,000 holders of this meme coin.
The idea behind KangaMoon is to tap into the Play-to-Earn (P2E) gaming industry, which is projected to be worth $885M by 2028. The team wants to create its own P2E game where KANG is used to buy items and level up players’ characters. This development will bring actual utility to KANG, which is an advantage over 99% of hype-driven meme coins.
What sets KangaMoon apart most from other projects is its SocialFi element. In other words, KangaMoon is giving away free KANG before launch based on how active users are within its social media channels like X or Telegram. Thus, countless users are now rushing to like and share KangaMoon’s social media posts.
In Stage 5 of its presale, each KANG is priced at $0.0196 — up significantly from the initial valuation of $0.005 (a rise of around 290%). However, this could be the beginning, as some experts believe it could soar 100 times once listed on a Tier-1 CEX in Q2 2024. This makes KANG the best meme coin to invest in for big gains.
Can KangaMoon Outshine Shiba Inu and Pepe?
With only $19.6M in market cap, KangaMoon needs less new money to pump its price. This advantage could make it challenge meme coin titans Shiba Inu or Pepe. If you are interested in this one-of-a-kind meme coin, sign up for its presale now and obtain a 10% bonus.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Telegram Community: https://t.me/Kangamoonofficial
