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The ongoing Bitcoin (BTC) bullish momentum has exceeded token holders’ expectations. However, some analysts are predicting further rallies as bulls continue to dominate the market chart. On the other hand, it is claimed that other cryptocurrencies such as Dogecoin (DOGE), Shiba Inu (SHIB) and KangaMoon (KANG), whose future is uncertain, are also experiencing upward momentum.
KangaMoon (KANG) Upside Momentum Attracts Whales
KangaMoon (KANG), whose future is uncertain according to the sponsored content poster, is claimed to be a meme coin that can be tracked in 2024. Crypto investors are investigating the project in detail due to its opportunities for growth and community engagement. Currently, KangaMoon is in the 3rd phase of pre-sale and KANG token is sold for only $0.01125.
It is claimed that the price increased from $0.0050 in the first stage to $0.01125 in the third stage, meaning that early investors achieved a return on investment of over 125%. The platform has already raised over $1.2 million in pre-sale, with analysts predicting $2 million before the end of the month. It is wondered whether KangaMoon will be accepted by the stock markets in the 2nd quarter or will it be a disappointment. The project is new and its future is uncertain, and the investment carries the risk of loss.
With an uncertain future, KangaMoon’s focus on community engagement sets it apart by offering token holders the chance to earn more KANG tokens as rewards when participating in community events, such as promoting the project on social media.
Once launched, the KangaMoon project will integrate the Social-Fi community with the P2E NFT market. Therefore, users can allegedly earn in various ways.
Bitcoin (BTC) Reaches a New High of $73,637 as Bulls Dominate
Bitcoin (BTC) defied pullback expectations and strengthened the bullish trend by rising to a new all-time high of $73,637. Despite briefly dropping to $69,000, Bitcoin price quickly recovered and set new highs. This stability is attributed to the dominance of bulls.
All Bitcoin key market indicators such as market cap and trading volume are in an upward trend. Some analysts believe that the dominance of Bitcoin bulls could push the price as high as $80,000 before the end of the month. Therefore, they consider Bitcoin as one of the best cryptos to buy right now.
Dogecoin (DOGE) Heads Towards the Moon
Dogecoin (DOGE) is one of the most popular meme coins on the market right now. Meme coin, which became the center of attention as a result of a series of tweets by Elon Musk in 2021, has witnessed major rallies in recent months. In this context, Dogecoin price increased by a staggering 109% last month as bulls asserted their dominance. Another slight gain of 3% was seen on the weekly price chart.
With the boom of the meme coin market, some analysts think the Dogecoin price will reach $0.20 before the end of Q1. When zoomed in, Dogecoin core market statistics such as trading volume and market cap drop off. Even so, analysts have a bullish outlook on the token and predict that the coin will post 2x earnings in Q2.
Shiba Inu (SHIB) Gained 240% Value in 30 Days
Shiba Inu (SHIB) is creating a wave of excitement in the cryptocurrency market, with its price skyrocketing by 240% in the past month, according to CoinMarketCap data. The rise of the Shiba Inu market is fueled by the meme coin market rally, which has seen various meme coins go to the moon.
The dramatic rise of the Shiba Inu token demonstrates the growing popularity of the meme coin market. Thanks to Shiba Inu’s active community and increased interest in DeFi, especially with the launch of ShibaSwap, memecoin will likely bring 2x profits to its holders in Q2.
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*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high-risk investments and there is a risk of investment loss. Do your detailed research before investing!
