Bitcoin

Shiba Inu

Kangamoon

<p>The hype surrounding Bitcoin’s halving seems to have settled by now. However, crypto trader and analyst Rekt Capital has said that the effects of the halving event haven’t yet been priced in. According to the trader, Bitcoin normally goes on a parabolic run after 150 days of the halving event. In the meantime, top crypto experts seem to have identified the best meme coins to invest in within the incoming bull market. The analysts said that Pepe is set to overtake Shiba Inu, with KangaMoon being tipped to lead the race for the 2024 bull market gains.</p><h2 id="header-0">KangaMoon (KANG) Poised to Outperform the Meme Coin Market</h2><p>Despite Pepe being the star of the meme coin market for the last few months, analysts seem to have picked another new coin known as<a href="https://kangamoon.com/" rel="noopener noreferrer nofollow"> KangaMoon</a> (KANG) to lead the 2024 bull run. KangaMoon, which is also considered the best crypto investment, is already up by 400% and has been predicted to surge from $0.025 to a new yearly high of around $1 and $2. Most crypto experts are bullish about this best crypto owing to the token’s new feel to the meme coin market.</p><p>Unlike other meme coins, which use hype as their primary fuel, KangaMoon is already building an ecosystem filled with utility. The Kangaverse ecosystem features P2E games where players assemble their avatars and compete against each other. Different competitions and events will also be held, all designed to give players an outstanding chance to win the KANG tokens.</p><p>KangaMoon has also incorporated an organic protocol called SocialFi to increase activity within its ecosystem. SocialFi is designed to reward KangaMoon users based on their contribution, engagement, and activity with the project on social media platforms. The most active users will, therefore, receive rewards in the form of KANG tokens.</p><p>As a new project within the meme coin space, KangaMoon has managed to attract considerable attention, raising over $7.7 million in presale. KANG has also been listed on CoinMarketCap and CoinGecko. Moreover, while awaiting its launch, BitMart has also announced its support for KANG, with the listing set to happen soon, adding more excitement to one of the top meme coins to invest in.</p><h2 id="header-1">Rekt Capital Believes Bitcoin (BTC) Halving Is Yet to Be Priced In</h2><p>Weeks past the Bitcoin halving event, a popular pseudonymous crypto expert, Rekt Capital, <a href="https://www.youtube.com/shorts/xbpzLZbRUAs" rel="noopener noreferrer nofollow">shared</a> some key details. According to the analysts, historical data indicates that the price of BTC consolidates for around 150 days after each halving. This means that, even though Bitcoin has set a new all-time high, the effects of the halving have not yet been priced in.</p><p>He further explains that a breakout phase normally happens after this consolidation and might last for several months. With Bitcoin currently in its re-accumulation phase, a price breakout is, therefore, around the corner. Moreover, while the analyst still ranks the BTC coin as a top cryptocurrency to invest in, he remains skeptical about Bitcoin breaking above $400K in this bull cycle.</p><h2 id="header-2">Will Pepe (PEPE) Overtake Shiba Inu in The Next Bull Run Market</h2><p>Pepe (PEPE) has recorded an impressive performance in 2024 within the meme coin market. The price of PEPE surged by 1,000%, setting numerous ATHs within the year. Moreover, analysts have predicted that this meme coin will continue to soar in the market cap as it aims to dethrone its major rival, Shiba Inu.</p><p>Based on Pepe’s price prediction, the market cap for PEPE might rise from $6 billion to over $15 billion, outshining Shiba Inu.<a href="https://x.com/CryptoKaleo/status/1794085521750167862" rel="noopener noreferrer nofollow"> Crypto Kaleo</a> also confirmed these sentiments in his post, highlighting that Pepe coin has a lot of upside potential in this bull market.</p><h2 id="header-3">In conclusion</h2><p>Based on historical facts, Bitcoin might go on a major bull run over the coming months, which could also lead to a bull run among other cryptos within the market. Moreover, as Pepe and KangaMoon are now considered the best meme coins to invest in, the unique ecosystem built by KangaMoon will make it an outstanding choice within the meme coin market.</p><p><strong>Discover the exciting opportunities for the KangaMoon (KANG) presale today!</strong></p><p><strong>Website</strong>:<strong> <a href="https://kangamoon.com/" rel="noopener noreferrer nofollow">https://kangamoon.com/</a></strong></p><p><strong>Join our KangaMoon Community</strong>: <strong><a href="https://t.me/kangamoonofficial" rel="noopener noreferrer nofollow">https://t.me/kangamoonofficial</a></strong></p>

Bitcoin Halving Still Not Priced In; Pepe and a New Meme Coin Set to Dethrone Shiba Inu

Table of Contents

BlockchainReporter

Other articles published on Jun 6, 2024

ENS Domains and Gnosis Pay Collaborate on Personalized Cards

European Central Bank, Bank of Canada Cut Interest Rates: Crypto Market Impact

Binance Announces the Altcoin It Chose for the 55th Launchpool Project!

Binance Released its Reserve Report: Here’s How Much XRP, SOL, SHIB and DOGE It Holds

Notcoin price prediction 2024-2030: Will NOT reach $1?

Floki Combines Entertainment with Usability in the Memecoin Market

Join our free newsletter for daily crypto updates!