Ahead of the upcoming meme coin season, investors are on the lookout for meme coins that will yield significant gains. Market data of the past few months have shown
Investors are searching for meme coins that will provide substantial gains in anticipation of the upcoming meme coin season. The market data from the past few months has shown how whales made fortunes from meme coins.
As such, the popular chatbot ChatGPT has made bold predictions on top meme coins such as KangaMoon, Dogwifhat, and Shiba Inu. With WIF setting a new ATH record in the past months and a smart whale making over $3M in the past few weeks from Shiba Inu, these are proven meme coins to buy. At the same time, early investors of KANG have seen 400% ROI, making it another meme coin to invest in.
KangaMoon is a revolutionary meme coin that is making waves across the market. The project combines two main features – the Social-Fi model and the play-to-earn feature. Using the social-fi model, users can engage in weekly, monthly, and quarterly challenges and earn rewards and prices. The play-to-earn feature allows users to connect with players globally and engage them in fights to test their skills.
Match winners are rewarded with rare in-game items and virtual currency, which can be traded or sold in the game’s marketplace. Backed by its strong utility, the KangaMoon presale was successful, as whales accumulated the token. Having finalized the presale, the team raised over $8M, with over 10M tokens sold. The amazing part is the ROI of those who invested in the presale.
Having started the presale at $0.005, the KANG token price surged to $0.025 at the end of the presale. In essence, those who missed the presale also missed the 400% ROI that it generated in the presale. However, there is also more room to earn. The KangaMoon team has announced plans to list the token in BitMart and MEXC exchanges soon.
As such, analysts are projecting over 20x rallies, making it one of the best meme coins to accumulate. Meanwhile, the staking dApp is live, which is another avenue for earning in the ecosystem. Having already been listed in the popular crypto data aggregator sites CoinMarketCap and CoinGecko also DEX Uniswap recently, analysts project more adoption, making KANG one of the top meme coins to watch out for in Q3.
Dogwifhat, a dog-inspired meme coin developed on the Solana blockchain, is another meme coin backed for massive rallies in the coming weeks. Backed by one of the favorite blockchains, Dogwifhat has built a strong community of followers. CoinMarketCap data shows that the WIF price has also shown resilience as it seeks to establish support at the $2 mark.
The Dogwifhat technical analysis shows the market sentiment is bullish, with the Dogwifhat market cap and trading volume in the uptrend. However, the daily EMAs and SMAs are not impressive. Even at that, with over 1000% growth in YTD price metrics and a market cap of $2B, Dogwifhat has the capacity to hit $10 in 2024, making it a top meme coin to buy.
Shiba Inu is a deflationary meme coin built on the Ethereum blockchain. Its buy-and-burn mechanism coupled with the strong community has been one of the factors driving the price up. However, data from Shibburn, the tracking website that reveals the token burn process, shows that the rate of Shiba Inu token burn has dropped by 78% in the past day.
This is coming as the Shiba Inu price is showing signs of a rally. According to CoinMarketCap data, Shiba Inu’s price has established support above $0.000017, with the Shiba Inu trading volume and market cap experiencing a rally. Notable crypto experts such as Crypto Sheriff and Ali Martinez are projecting a rally. As such, it is one of the best meme coins to invest in 2024.
Although Dogwifhat and Shiba Inu are tipped for massive rallies in Q3, KANG is a project with strong utility and backed by top influencers. With the upcoming CEX listing, there is a high possibility of the KANG token hitting $1 in 2024, which is over 10x rallies. As such, it is a project not to overlook.
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