Why These Memecoins Are Outperforming The Broader Market

Memecoins have become a major point of appeal for many crypto investors and traders who are consistently on the lookout for ways in which they can diversify their holdings. As a result, many have turned to meme coins such as Bonk (BONK), Pepe (PEPE) and KangaMoon (KANG) as all of them have begun to outperform the overall broader crypto market, fueled by the increase in value and overall attention. To see which memecoin can lead the next market rally we will go over each one of them individually. By the end, we will see why these are the meme coins to watch.

Bonk (BONK) Grows 2,902.4% – How Far Can It Move in 2024?

Bonk (BONK) has experienced an explosive year for growth as it surged 2,902.4% year-to-date (YTD). When looking at the weekly Bonk price chart, it’s up 25.3%, and has gone up from $0.00001362 to a maximum value at $0.00002173, showcasing a major bullish momentum.

However, the Bonk crypto is still down 53.7% from it’s all-time high, which indicates that it will need to regain attention from bulls to experience further growth and potentially pass this level. With that in mind, according to the Bonk price prediction, it can end 2024 at $0.000033, making it one of the top meme coins to watch.

Pepe (PEPE) Spikes 2,679.4% – Price to Reach $0.0029

Pepe (PEPE) has also been dominating the charts with its price performance, as the year-to-date (YTD) climb was by 2,679.4%. Moreover, within the span of a single month, the Pepe price has gone up from $0.000004037 to a maximum value at $0.000009177.

In addition, during the past week, the Pepe crypto has gone up by 14%, and at this rate could soon manage to pass its previous high and reach new heights. The ATH for Pepe was at $0.00001064, and it was reached on March 14, 2024. According to the Pepe price prediction, it can end 2024 at $0.0029.

KangaMoon (KANG) to Explode 5,000% Following Its Launch and Lead the Next Market Really

With the recent upswing in appeal for meme coins, both Bonk and Pepe showcased major price increases but they are not alone. Buyers began accumulating the KangaMoon (KANG) cryptocurrency due to its various earning opportunities and community-driven approach.

This unique meme coin has put its focus on Social-Fi elements and Play-to-Earn (P2E) mechanics which can place it one step ahead of the competition. Its blockchain ICO has already gained over $5 million and will hit $6 million before the end of April, 2024, which can lead to a much higher level of appeal.

The KANG meme coin also stands out from other competitors due to its vast utility. It is used as the in-game currency for the P2E game, where players can buy items, level up characters, and even buy, sell or trade NFTs to get even more value. Moreover, it will provide holders with access to exclusive challenges and in-game items. During the presale, KangaMoon is also providing free KANG tokens to the most active members. 

There are over 20,000 registered users and 5,800 holders of the KANG token. In addition, the project has spiked in value by 290% from 40.005 to $0.0196, making it one of the hottest meme coins of the year so far. At launch and following its listing on Tier-1 exchanges, the KANG crypto can spike by 5,000% based on analyst projections, and this can occur by Q4 of 2024.

Summary

While both Bonk and Pepe have showcased dominant on-chart performance, it’s clear that a majority of investors and traders are jumping into the KangaMoon presale, which can make it one of the hottest meme coins of the year. With a massive upwards price prediction, it can become a major player in the industry and pass most competitors, and makes it one of the best new meme coins.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

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