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While Bitcoin (BTC) has been climbing recently, it has been reported that meme coins have been on the rise, while KangaMoon (KANG) and Dogecoin (DOGE), whose future is uncertain, have started to rise. While there is a 125% increase in KANG’s pre-sale, it is wondered whether its future will be successful or disappointing. Additionally, DOGE is also showing green growth.
Altcoin Sherpa Predicts an Rise in Bitcoin Price
Bitcoin (BTC) has gained significant upward momentum over the last 30 days. CoinMarketCap data shows that it jumped from $43,050 to $67,610 during this time. Even more impressively, its market capitalization increased from $843 billion to $1.23 billion. Altcoin Sherpa tweeted an optimistic outlook about BTC, saying it has a possibility of reaching $100,000 this cycle.
From a technical analysis perspective, Bitcoin has a bright future. 26 indicators point to further gains for Bitcoin. Using these indicators and their knowledge of the cryptocurrency, experts predict that the Bitcoin price will reach $92,000 before the end of the 2nd quarter of 2024.
KangaMoon (KANG): An Innovative Meme Coin Taking Center Stage
According to the sponsored content poster, KangaMoon (KANG) has made a name for itself in the meme coin market during this Bitcoin rally. Unlike most meme coins that are hype-driven, KANG is claimed to have real utility. It will serve as the main in-game currency in KangaMoon’s upcoming Play-to-Earn (P2E) game. With KANG you can buy in-game items and upgrade characters. The project is new and its future is uncertain, there is a risk of investment loss.
This meme coin is currently in Phase 3 of its presale. So far, those who invested early have been rewarded with a 125% return on investment as its value has increased from $0.005 to $0.01125. Demand is very high as over $950 thousand has already been raised and has the potential to reach 7 figures within days. As of this year, the P2E NFT market is currently booming at $329 million. Therefore, when the meme coin is listed on a Tier 1 CEX in Q2 2024, its price could allegedly rise, according to its team. The project is new and its future is uncertain, and the investment carries the risk of loss.
According to the content poster, this meme coin project is community-driven and offers many free KANG tokens. For example, you can get KANG by being an active member of its community (by sharing, commenting, and liking its social media posts). You can also enter the Meme Lord contest and win $150 KANG by creating memes and tagging #KangMeme.
Ali Martinez: Dogecoin Price May Reach $1
Meanwhile, crypto analyst Ali Martinez made a bullish statement about Dogecoin (DOGE). Martinez states in his tweet that the Dogecoin price could reach $1 by mid-April. The value of DOGE, one of the Mem coin giants, increased from $ 0.078 to $ 0.16 last month. Its market value also increased from $11.32 billion to $24.13 billion during this period.
Dogecoin crypto technical analysis shows a bright future as 27 indicators are flashing green. Moreover, this meme coin is trading above its 50 and 100-day EMAs. Therefore, market analysts have made a bullish Dogecoin price prediction. They predict it will rise to $0.2538 in Q2 2024.
Bitcoin vs KangaMoon vs Dogecoin – Which Will Rise First?
Bitcoin, KangaMoon and Dogecoin are very different from each other. The future success of KangaMoon depends on the loyalty of its team and the accuracy of the project. It currently stands at $11.25 million – meaning it will need far less new funding than its rivals to cause a price increase. One wonders what KANG will do.
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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!
