In a recent update by an online crypto tracker, a whale investor reportedly spent a massive amount of Solana tokens just to get Dogwifhat (WIF) tokens at the price of $3.13. Asides bringing a shock to the altcoin market, this development has signalled the start of another meme coin drive.
In line with this outcome, KangaMoon (KANG), the latest play-to-earn meme coin with impressive presale stats so far drawing investors attention especially due to the prediction of the token hitting $1 this year. Let’s explore these developments in the rest of the article.
What you'll learn 👉
Whale Investor Influences Dogwifhat Price Positivity to $4
With the recent positivity around Dogwifhat (WIF) token, the meme coin market might see Dogwifhat surpassing Pepe coin again. Just recently, a whale investor spent 17,966 Solana coins, equivalent to $2.98 million, to acquire 953,177 Dogwifhat tokens at a price of $3.13 per token. This substantial purchase caused an immediate surge in the price of Dogwifhat by approximately 7%.
High-profile transactions like this can often signal strong confidence in a crypto asset and can attract further attention from other investors which can further create a ripple effect in the market. Consequently, Dogwifhat will end the year being one of the top meme coins.
Given the recent market dynamics, we just might experience Dogwifhat approaching $4 this year. Should this momentum continue and Dogwifhat manages to pull off more strategic developments, then the token could soon surpass the $4 mark. Currently, onlookers from the altcoin market are closely watching Dogwifhat’s price while others are attempting to invest in $WIF.
KangaMoon (KANG) Await Two Huge Listings As Attention Keeps Increasing
As more interest moves to the meme coin space due to Dogwifhat’s optimism and Pepe’s burgeoning growth, the meme coin presale market is definitely going to be a watch spot. While a few presale meme coins are tracking numbers, KangaMoon (KANG) is not just garnering gains but also bringing a dynamic and unique approach into the meme coin market with a GameFi model coupled with a SocialFi integration.
The presale token has raised over $7.4 million and is expected to potentially surpass the $8 million mark possibly by the end of May. This prediction is supported by an upcoming BitMart and Uniswap listing after it has already secured listings on CoinMarketCap and CoinGecko. Additionally, the price of $KANG token has risen from $0.005 to $0.025 throughout the presale to reflect a 400% price increase. As such, analysts predict a further 2,000% increase almost immediately after launch and the exchange listings highlighted earlier.
Meanwhile, the KangaMoon GameFi and SocialFi approach has drawn significant attention which has led to a large and dedicated community of over 32,000 users and nearly 10,000 token holders . In the game, these users can participate in battles and competitions to earn valuable $KANG tokens and NFTs. This interactive gaming system creates a lasting demand for KANG, potentially making it one of the top altcoins to consider buying this year.
With a focus on community engagement, KangaMoon also rewards its social media community with free KANG tokens, encouraging more users to actively participate in the community challenge, which involves commenting and sharing KangaMoon social media posts. This fosters a natural relationship that drives the project’s growth, resulting in a passionate and vocal online presence in the meme coin market.
Missed Out on WIF Token? Here is How to Acquire KangaMoon Tokens
After the token launch, you will be able to claim $KANG tokens by visiting the website and clicking on the claim button. $KANG is an ERC-20 token, which means it is built on the Ethereum platform and follows the ERC-20 token standard.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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