Can Dogwifhat rebound from a 20% decline? The price rise of Ethereum-based memecoin is 290%.
Following a 20% decline in its price, Dogwifhat (WIF) holders are now uncertain about the future. Meanwhile, an Ethereum-based meme coin, KangaMoon (KANG), has shown tremendous strength. This Stage 5 presale star has already soared by 290% from its start. In addition, numerous analysts hint that KANG may even become the next $1 meme coin in 2024.
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The Dogwifhat price pump will be strong
Dogwifhat has been experiencing some turbulence. According to CoinMarketCap data, the Dogwifhat price fell from $3.33 to $2.27 in the past seven days—nearly a 20% drop. This meme coin’s market cap also sank from $3.32B to $2.93B in that time. However, crypto analyst Flow Horse remains bullish, predicting that WIF’s next pump will be strong.
The technical analysis for the Dogwifhat coin also supports this prediction. For instance, there are now 15 technical indicators in the buy zone for Dogwifhat. When making their Dogwifhat price predictions, experts in the crypto field note all these factors. As a result, they forecast a potential jump to $3.39 once more for WIF within Q2 of 2024.
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A promising meme coin to invest in
On the other hand, an Ethereum-based meme coin named KangaMoon has recorded a 290% price growth. This rising presale sensation has already obtained over $5 million and will reach $7 million before April 2024 ends. With so many funds already raised, it could rival meme coin titans like Shiba Inu or Dogecoin once KANG launches.
Unlike most meme coins, such as Dogwifhat, which are hype-driven, KangaMoon brings something new—utility. To clarify, KangaMoon will launch a Play-to-Earn (P2E) game where KANG will serve as the main in-game currency. Gamers will be able to buy in-game items and upgrade their characters with this meme coin.
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In addition, KangaMoon stands out as it rewards its most engaged community members with free KANG tokens before its official launch. This development strongly emphasizes community involvement. Therefore, KangaMoon has seen a massive increase in community activity, as over 20,000 members are now liking, sharing, and retweeting social media posts.
Can KangaMoon outshine Dogwifhat?
KangaMoon could quickly overtake Dogwifhat because it has a market cap of $19.6 million. This means that KANG only needs another $19.6 million for its current price to double.
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With this advantage, KangaMoon could become one of the meme coin titans. If interested in this meme coin, sign up for its presale using the links below and obtain a 10% bonus on each purchase.
