Memecoin season is gaining momentum, with Floki, dogwifhat, and KangaMoon leading the charge across social media, showcasing significant price increases and promising growth potential.
Memecoin season is on the rise and trending across various crypto communities and social media channels, such as X (Twitter) and Reddit. Out of them, the three most significant memecoins that can experience further increases in their value include Floki (FLOKI), dogwifhat (WIF) and KangaMoon (KANG). We will go over the recent price performance and future growth potential for each one of these meme coins to see how far they can rise.
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Floki grows 407.8% YTD
Floki is one of the highest-trending meme coins, as its year-to-date (YTD) climb was by 407.8%. Moreover, within a single week, the Floki price went up by 34.1% as it moved from a low point of $0.0001373 to a maximum point of value at $0.0002036.
Moreover, the Floki crypto’s growth has not paused here, as it could soon experience an even further price uptrend, as evidenced from its recent on-chart metrics, specifically the RSI data and the MACD triggers. According to the Floki price prediction, this meme coin has the potential to end Q4 of 2024 at $0.000287.
Dogwifhat grows 195,510.3% in six months
Dogwifhat (WIF) has showcased bullish on-chart metrics and within the span of just five months, surprised traders and traders with its massive bullishness. Specifically, the dogwifhat price has gone up 195,510.3%, and it has not showcased signs of stopping anytime soon.
Memecoin season is here, and within just a week, the dogwifhat crypto went up from $2.70 to $3.54. As a result, sentiment is high on its future, and according to the dogwifhat price prediction, it can end 2024 at $5, positioning it as one of the hottest memecoins.
KangaMoon is all set to enrich memecoins with Social-Fi and P2E
KangaMoon (KANG) is a memecoin that aims to completely change how traders look at this portion of web3 as it introduces a vast ecosystem and genuine token utility, which will cement it as one of the largest players in the industry.
On the KangaMoon platform, each user will gain the opportunity to access Social-Fi elements as it puts an emphasis on a community-driven approach, alongside a Play-to-Earn (P2E) game. Moreover, the KANG token will have real utility, as it will be used within the P2E game, and within the marketplace.
Through competing with other players or accessing tournaments, players can also accumulate more KANG tokens. The team conducted a strategic partnership with RaidSharks to boost engagement and has set a reward pool on a monthly level worth $1,000, it’s clear that the engagement is high as over 29,000 users created an account, and these aspects position KANG as one of the best new memecoins.
As for the crypto ICO’s performance, the KANG token helped raise over $5.8 million and by the end of this week will reach $6 million. In addition, the price increased by 290%, rising from $0.005 to $0.0196. As a result, sentiment on its future is bullish, and based on the KangaMoon price prediction it may end 2024 with a 5,000% price increase.
Conclusion
It’s clear that memecoin season is in full swing, and Floki, dogwifhat, and KangaMoon have all seen the most significant gains. Yet those looking to diversify their holdings are eyeing the KANG token the most as it has the potential to see the most significant gains in 2024 and beyond, making it one of the best new meme coins.
Link: https://crypto.news/memecoins-outperforming-the-market-floki-wif-kang/
Source: https://crypto.news