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<img src="https://cdn.thebittimes.com/images/2024/07/01/70321cbb3f008f7da576d733f61cb2af.webp" width="624" height="416" style="display: block; margin-left: auto; margin-right: auto;">
Some memecoins tend to need more attention and market share all the time in the always-changing cryptocurrency scene. Meanwhile, top meme coins like Dogecoin and Shiba Inu have been losing steam lately, needing help to sustain their prior excitement and value. A newcomer, KangaMoon, has been attracting interest and traction among investors quite quickly in the meantime, having concluded its presale. Let us find out why.
<h2 dir="ltr" id="span-kangamoon-kang-one-of-the-span-span-top-meme-coins-span-span-to-have-span">KangaMoon (KANG): One Of The Top Meme Coins To Have</h2>
<a href="https://kangamoon.com/" target="_blank" rel="noopener noreferrer nofollow">KangaMoon </a>saw its price soar to a high of $0.025 during its just concluded presale due to high demand for the limited number of tokens and a successful presale, extending its gains in 2024 to an incredible 400%. Despite its amazing performance that has made it one of the best meme coins to invest in, market analysts believe that KANG will continue to rise in the upcoming weeks, as the meme coin will soon be listed on BitMart and MEXC, following its recent Uniswap listing.
Those who participated in the presale early are excited about the 400% gains already made while those who missed out still have a chance to join the train after the meme coin is listed because KangaMoon is still expected to hit $1 in the coming months.
In addition, there is much more that KangaMoon can offer, such as its ground-breaking Social-Fi protocol that has drawn interest from investors. Members of the community-focused platform KangaMoon can earn KANG tokens by participating in competitions, challenges, and other events. The more involved a community member is, the higher their income will be. Meanwhile, there are more interesting developments to come on the KangaMoon platform.
With over $8 million raised during the presale, KangaMoon is among the best meme coins to invest in for exponential gains, as this value shows how much interest investors have in the project. In case you missed out on the 400% gains, it is not too late to buy the tokens after the debut as there are still more gains to come while KangaMoon rises to $1.
<h2 dir="ltr" id="span-dogecoin-price-chart-span-span-analysis-span">Dogecoin Price Chart Analysis</h2>
As it stabilizes around a crucial support level at the 200EMA or roughly $0.118, the Dogecoin price is displaying indications of possible bullish momentum. Meanwhile, the open interest in Dogecoin has increased significantly in recent times, rising to a valuation of $544.9 million. Such growth indicates that there are a lot of opportunities for a further upward surge in the Dogecoin price.&nbsp;
A development of this kind would increase trust in Dogecoin's positive trajectory and could result in long-term growth. Additionally, if the memecoin maintains its hold above the <a href="https://www.tradingview.com/symbols/DOGEUSDT/" target="_blank" rel="noopener noreferrer nofollow">$0.114 support level</a>, it may set off a 10%+ rally that raises the price to the $0.140 region. A 50% price retracement level from the $0.055 to $0.228 range, which was seen between August 2023 and March 2024, is represented by this target price range, observed on the Dogecoin price chart.
<h2 dir="ltr" id="span-shiba-inu-price-chart-span-span-analysis-span">Shiba Inu Price Chart Analysis</h2>
Shiba Inu has shown encouraging indicators of a possible bullish rally in recent market developments. Moreover, the Shiba Inu price has currently found support at its 200EMA, pointing to a potential 18% recovery following a three-month bear market. Furthermore supporting a bullish rally is the Shiba Inu price action on the D1 timeframe.&nbsp;
Within the past week, the Shiba Inu price chart reveals that the memecoin has consolidated between the <a href="https://coinmarketcap.com/currencies/shiba-inu/#Chart" target="_blank" rel="noopener noreferrer nofollow">$0.0000164 and $0.0000184</a> levels, preparing for a bullish breakout. According to on-chain information, on June 24, Shiba Inu had a capitulation event when the supply on exchanges significantly dropped. This fall suggests that investors are shifting their tokens to wallets, which eases selling pressure and shows faith in Shiba Inu's future success.
<h2 dir="ltr" id="span-kangamoon-set-to-multiply-earnings-of-investors-holding-the-span-span-meme-coin-span">KangaMoon Set To Multiply Earnings Of Investors Holding The Meme Coin</h2>
Known players like Dogecoin and Shiba Inu are finding it difficult to sustain their prior momentum as the meme coin scene changes. While Dogecoin is stabilizing around important support levels and Shiba Inu is getting ready for a breakout following a phase of consolidation, both memecoins are exhibiting indications of possible bullish rallies. But a recent arrival called KangaMoon is taking center stage.&nbsp;
It attracted investor attention right away and raised over $8 million during its presale. Given its quick ascent, creative Social-Fi protocol, and community involvement tactics, KangaMoon is among the best meme coins to invest in for exponential gains. KangaMoon is set up for future expansion with plans for listings on major exchanges and more features in the works. The latest presale success and the expected exchange debut offer a bright future for more price growth, maybe reaching $1 in the coming months.
Discover the Exciting Opportunities with KangaMoon (KANG) Today!
Website: <a href="https://kangamoon.com/" target="_blank" rel="noopener noreferrer nofollow">https://Kangamoon.com/</a>
Join Our Telegram Community: <a href="https://t.me/kangamoonofficial" target="_blank" rel="noopener noreferrer nofollow">https://t.me/Kangamoonofficial</a>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/dogecoin-doge-and-shiba-inu-shib-lose-steam-as-kangamoon-kang-launches-on-uniswap-with-two-cex-listing-upcoming-tbt95153.html">https://thebittimes.com/dogecoin-doge-and-shiba-inu-shib-lose-steam-as-kangamoon-kang-launches-on-uniswap-with-two-cex-listing-upcoming-tbt95153.html</a>

Dogecoin (DOGE) and Shiba Inu (SHIB) Lose Steam as KangaMoon (KANG) Launches On Uniswap With Two CEX Listing Upcoming

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