KangaMoon increased by 50% attracting the attention of Solana holders
With traditional meme coins like the Shiba Inu losing ground, a new meme coin is gaining traction. This project has achieved a 50% profit and now Solana holders are buying as Solana's growth rate slows.
According to experts, KangaMoon can bring 220% profit during the presale, which makes it one of the most anticipated new DeFi projects. Here's why investors are excited.
Shiba Inu: Preparing to launch SHEboshis
Shiba Inu prices have increased 5% over the past week as investors patiently await the launch of SHEboshis. This exciting new NFT collection is expected to give the Shiba Inu ecosystem a much-needed boost.
The collection is expected to launch later this week and Shiba Inu's marketing director has warned investors about scams. In a recent post, she emphasized that Shiboshis have not yet been launched and that any project selling them is a scam.
After launch, a select group of Shiboshis holders will be able to mint SHEboshis for free for 72 hours. After this timeframe, LEASH token holders will have the opportunity to mint SHEboshis for 24 hours.
Once launched, SHEboshis will be accessible on trading platforms such as ShibaSwap. The price of Shiba Inu is expected to increase in the following days, which will increase the demand for SHIB tokens.
KangaMoon (KANG) increased by 50%
KangaMoon (KANG) saw a 50% price increase over the weekend when it sold out in phase 1 of its presale. Having attracted 2,000 optimistic investors, the project is now trying to aim higher.
This new meme coin stands out from other projects thanks to its unique combination of play-to-earn (P2E) gaming and social-fi. Besides its exciting P2E game, KangaMoon will provide innovative social fiction features to create an exciting and vibrant investor ecosystem.
As part of this ecosystem, investors will be able to earn $KANG by completing weekly, monthly and quarterly challenges. They will also be rewarded for their social interactions, thereby promoting social activity in the KangaMoon ecosystem.
Investors who purchase the $KANG token can now take advantage of the 15% bonus, which along with a potential 22x profit during the KangaMoon presale, has increased demand for the token. Post-launch, experts speculate a potential 35x price increase, which could make KangaMoon one of the best-performing meme coins in 2024.
During the presale, investors can earn additional $KANG tokens if they help promote the presale. This innovative offer offers investors new opportunities to earn $KANG tokens, currently selling for 0.0075 USD.
Solana hit resistance at $120
Solana saw significant gains over the past week, up 7.6%. Following this rally, Solana's daily trading volume surpassed $1.5 billion and many experts predicted that it would surpass the previous $120 resistance level.
However, after touching $118 on February 15, Solana fell to $112.34. This decline slowed Solana's overall growth rate and its overall performance also declined. Therefore, currently some investors are choosing to buy KangaMoon.
Can KangaMoon affect the Meme Coin market?
As one of the most exciting industries in the world, KangaMoon needs to perform well to stand out in the meme coin space. That said, the project has gained momentum and if KangaMoon can achieve the predicted 35x return, the project could easily stand out in a highly competitive environment.
