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As KangaMoon prepares for its BitMart listing, analysts predict a surge to $1, overshadowing BONK and BOOK OF MEME despite their recent price gains.
With the anticipation of KangaMoon’s listing on BitMart, analysts predict that the memecoin could surge to $1 soon after. Meanwhile, although BONK and BOOK OF MEME have both moved upward in their prices, enthusiasts doubt that they could reach KANG’s pricing following its debut. Let us find out why.
BONK market cap dips
After the recent general market rebound, memecoins attracted a lot of interest. Among them, BONK displayed bearish patterns at first but profited from the market’s resurgence on May 19, achieving a daily gain of 15.3% and closing the day at $0.00002598. Through this rise, the BONK price was able to overcome the 50-day EMA, a level of resistance that has been present since May 10.
However, the BONK price has stayed above the 50-day moving average, indicating that the bullish momentum is still present amid the BONK market cap dipping about 1.48% to reach $1.64 billion. Meanwhile, bulls want to break through the resistance level at $0.0000307 if BONK keeps moving higher and trades between $0.00002601 and $0.00002820.
BOOK OF MEME price prediction
At the current market price, BOOK OF MEME is showing signs of a good falling wedge pattern, which could present a buying opportunity. The hype-driven meme coin BOOK OF MEME has not seen any significant listings, changes, or advancements. Memecoins are undoubtedly becoming more popular, and the BOOK OF MEME coin is leading the pack in some areas, but it is still merely a crypto with no underlying use that could impede its long-term price growth.
However, the BOOK OF MEME price prediction indicates that the value of the BOOK OF MEME coin could be around $0.0187 by the end of 2024. Right now, the price projection for BOOK OF MEME in 2025 ranges from $0.0549 on the high end to $0.0115 on the lower end. If BOME hits the higher price target, BOOK OF MEME might increase in value by 368.86% by 2025 compared to its current pricing.
KangaMoon emerges as a promising memecoin
Amid the current memecoin frenzy, KangaMoon (KANG) has gained increased public recognition as a result of its presale performance. Furthermore, KANG has almost hit $7 million, and there are currently more than 30,000 community members and over 6,000 KANG holders. KangaMoon’s main objective is to make money from the Play-to-Earn (P2E) gaming sector, which is projected to bring in $885 million by 2028.
The team plans to create a play-to-earn (P2E) game where players may level up their characters and buy products with KANG. This progression will be advantageous for KANG, and it will benefit it more than 99% of other hype-driven memecoins.
During the bonus stage of its presale, each KANG is currently valued at $0.025—400% more than its initial pricing of $0.005. However, according to analysts, once KANG is listed on a Tier-1 CEX like BitMart, which has publicized the token’s listing, it might increase 100x.
Interestingly, CoinMarketCap and CoinGecko have already listed KANG. Given that cryptocurrency enthusiasts are excited about KANG’s predicted meteoric climb, it’s one of the most promising memecoins to buy now.
BONK, BOOK OF MEME outshined by KangaMoon
Pumping the price of KangaMoon is less expensive because the token currently has a limited market capitalization. Even though BONK and BOOK OF MEME are all quite popular and have surged significantly in their prices so far, KANG has the potential to surpass them. KANG’s modest market capitalization, which makes it a plausible memecoin, makes this possible.
To learn more, visit the Kangamoon website or join their telegram community.
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