Spotlight Wire
Ronaldo's Jersey (RONJER), a newly launched Solana meme coin, is set to surge significantly with its KuCoin listing announcement. This comes at a time when the meme coin market has been undergoing a bull momentum, with coins like KangaMoon (KANG), Dogwifhat (WIF), Bonk (BONK), Floki (FLOKI), and Shiba Inu (SHIB) leading the way.
KangaMoon, a crypto with high ambition, is set to join the list of the best new meme coins offering investors a higher ROI. This coin has raised over $7.5 million in presale revenue and is eyeing $8 million before the end of June.
KangaMoon hits over $7.5M as token spikes by 400%
KangaMoon (KANG) has been testing the limitations of meme coins by establishing a comprehensive ecosystem with both Play-to-earn and SocialFi features. The platform utilizes these mechanics to foster a dynamic environment where user participation is incentivized along different social media platforms, resulting in organic growth. Moreover, engagement within the realm of P2E games is also encouraged, as KANG serves as the primary reward currency for successful tournaments and battles.
This offers KANG a lot of utility, a unique feature lacking among most hyped coins. KangaMoon is currently on its bonus presale round, which presents a fleeting opportunity for traders to acquire the KANG tokens before the value undergoes a significant surge. This urgency also stems from KangaMoon's successful blockchain ICO, which yielded a remarkable 400% price rally, increasing from $0.005 to $0.025.
Additionally, KangaMoon has generated over $7.5M, with analysts projecting that it might surpass the $10 million mark by the end of June. KangaMoon has also been listed on CoinMarketCap and Coingecko, making it one of the top meme coins to invest in. Moreover, KangaMoon is also awaiting its BitMart listing, which might lead to a further price surge for KangaMoon.
As a result, analysts project that this best crypto investment coin is set to undergo a 100x surge following its launch and also major listing, making it the best meme coin to invest in. Currently, earlier KangaMoon investors are enjoying a 400% ROI, which is set to increase soon with another surge in the price of KANG.
Dogwifhat (WIF) eying a new ATH amid dipping speculations
Dogwifhat (WIF), a dog-themed meme coin, has recorded a significant price rally amid a market-wide bullish sentiment. Having broken above the decisive symmetrical triangle, the WIF price has remained heavily elevated while closing into the $4 mark. Considering the current crypto market trend, it seems that the bulls may hold a significant grip over the rally, something that might help Dogwifhat price test its current ATH soon, according to an analyst.
The latest push for the price of Dogwifhat has assisted the coin in testing a key resistance level, having surpassed the range over the past few days. Moreover, the RSI for WIF has been displaying a bearish divergence before hitting the upper threshold. This means a minor pullback might be possible before validating another breakout above the range. To certify a bullish breakout close to Dogwifhat's current ATH, which is around $4.65, the price must close the daily trade above its ascending trendline of around $4.
Will Bonk (BONK) hit the $0.000048 mark this month?
Bonk (BONK) has been blasting gains over the last few sessions. This sudden bounce from the bottom indicates the possibility of whale-buying activity and bull accumulation. This week has also seen sharp buying activity, with the meme coin recording a 60% surge, revealing the bull's dominance-something that seems to have triggered a sharp bull rally that might see this top crypto investment coin hit the $0.000048 price mark to surpass its all-time high.
In a recent tweet by Crypto Rand, Bonk seems to be chilling, having breached its prompt hurdle of $0.000040, a level that trapped the bear cartel. The RSI curve for Bonk has also spiked to the overbought zone, indicating a positive crossover within the charts that might lead to a continuous uptrend for the price of BONK. Moreover, the price of Bonk has triggered a breakout and sharply rebounded from its 20-day EMA mark, making it one of the meme coins to watch in the coming days.
Analyst foresee a Floki (FLOKI) price breakout backed with recent developments
Floki's (FLOKI) price has surged 11% following a recent announcement regarding the launch of FlokiTradingBot on Telegram. The bot supports multiple blockchain networks, including BNB Chain, Ethereum, and Coinbase's Base blockchain. This unique multi-chain compatibility seems to have drawn considerable attention to Floki, with the beta offering early access to at least 150 users on a first-come, first-served basis.
Floki, one of the meme coin titans, will charge a 1% fee on each trade. Half of this fee will go into purchasing and burning FLOKI tokens, increasing the tokens' value through deflation. Moreover, Floki's listing on Coinbase, set to happen on May 30, has boosted investors' confidence. With the announcement, analysts have pointed to a potential breakout for the Floki coin that might see the coin hit a new all-time high soon.
Shiba Inu (SHIB) forms a golden cross on chart
The golden cross, a popular technical indicator, has recently appeared on Shiba Inu's (SHIB) hourly chart. This golden cross usually appears when a shorter-term moving average crosses above the longer-term moving average and is mostly regarded by analysts as an indication of significant uptrend momentum. For Shiba Inu, the golden cross appeared when the 50-hour moving average rose above the 200-hour moving average within its one-hour chart, indicating that short-term prices have been outpacing long-term trends.
This technical event for the Shiba Inu coin coincides with its impressive 20% surge in price, stirring optimism and excitement within the SHIB community. Despite the golden cross and SHIB's subsequent price surge being promising, the path for Shiba Inu price, just like any crypto, largely depends on broader market sentiment and global economic factors. If Shiba Inu maintains its upward trajectory and breaks through its key resistance levels, it might pave the way for higher gains, especially with its reputation among the top meme coins of 2024.
These four meme coins, Dogwifhat, Bonk, Floki, and Shiba Inu, have displayed a bullish on-chart performance. With such a growth rate, these coins have the potential to surpass previous expectations and hit new heights. However, KangaMoon is also one of the top meme coins to look out for. With such an impressive performance, this coin promises nothing but high returns to its investors.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
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Originally published at https://valuemarketschain.blogspot.com/
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