Exploring The Best New Memecoin Amid Expected Price Rises For Avalanche And Bitcoin Cash

This year, the crypto market has witnessed massive interest among traditional and institutional investors. This has triggered massive rallies, with Bitcoin breaking records. There have been speculations of an upcoming bull run in which Avalanche and Bitcoin Cash are among the tokens projected to surge. Meanwhile, the meme coin market is already booming and is projected to hit $100B in 2024. This has led to massive adoption of meme tokens. KangaMoon (KANG) is adjudged as one of the best new meme coins to invest in Q2. Let’s see what makes the project unique. 

KangaMoon Price Skyrockets, Set to Debut on Bitmart Exchange

KangaMoon is among the best new meme coins that have attracted much interest from investors. Although in presale, the KangaMoon community has grown to almost 30k with close to 10k token holders. The KangaMoon native token, KANG which was sold for just $0.0050 in the early stage of the presale is now sold for $0.025. In essence, early buyers have seen 400% ROI. 

With the imminent listing of KANG in CEX exchanges starting from BitMart, numerous analysts have projected 50x rallies in Q3, putting it on investors’ lists of meme coins to watch in Q3. So far, the team has raised over $6.8M in presale, and with the massive interest, the $10M target will be achieved sooner than anticipated. 

Data from the crypto ICO shows that 25% of the total KANG supply will be used for in-game rewards. Currently, there are several campaigns to join and get the token. There is the Kangameme contest, which rewards users with $50 weekly. The team recently partnered with RaidSharks bots to boost engagement, and users who join the thrilling raid stand a chance of winning the $1000 monthly reward. 

Furthermore, when you promote the project on social media or join the referral program, you get the KANG token. Some analysts project the KANG price to hit $0.5 in 2024. This puts KANG on the path of toppling top meme coins like Dogecoin, Floki, and Bonk. With the games market worth over $176B, KangaMoon is on the path of making average traders millionaires. 

Avalanche Price Forecast: Will $60 be Attainable in June

Unlike top meme coins that have no utility, Avalanche is a blockchain network known for its speed and scalability. It has real utility. The majority of Avalanche news has been positive lately, which has triggered various positive forecasts. Colony Lab, a key player in the Avalanche ecosystem, launched a platform for investing in crypto projects. This new move will introduce liquidity in the primary market while providing financial opportunities for its stakers. 

Meanwhile, the Avalanche trading volume and market cap have been booming in the past few days. Having established support above $30, the Avalanche price will likely reach $60 in June, putting it on the list of cryptos to watch in June. 

Bitcoin Cash Market Cap Poised to Surpass $10B in the Coming Months

Bitcoin Cash (BCH) which is an alternative to Bitcoin has witnessed both positive and negative moments in the year. Having battled the bears for weeks, analysts believe that the Bitcoin Cash price is about to break out. From a price value of $234 in early February, Bitcoin Cash rose to $695 in early April before the market correction. 

The Bitcoin Cash market sentiment is bullish, and it is anticipated to surpass its 50-day SMA and reach $600 in the coming months. Meanwhile, Bitcoin Cash has completed its network upgrade, which introduced an adaptive block size limit (ABL) algorithm. The new upgrade is expected to boost the network’s throughput. With this positive news, the Bitcoin Cash market cap is expected to hit $10B in the month.  

Discover the exciting opportunities of the KangaMoon (KANG) presale today!

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