Dogecoin and Pepe have seen monumental gains of over 200% over the last month. Supported by Bitcoin’s rally, the meme coins have soared and their trading activity has drastically increased.
However, Dogecoin and Pepe have met resistance over the last week. As a result, some investors are choosing KangaMoon instead. Here’s why.
Dogecoin Faces 9% Daily Crash
Over the past month, Dogecoin’s price has increased by 92%. This took Dogecoin to new annual highs, with DOGE trading at around $0.17. However, with Bitcoin crashing over the last week, some experts believe that Dogecoin could have peaked.
Over the last 24 hours, Dogecoin’s price has decreased by 9.17%, and DOGE is now trading at $0.152. This decline has caused Dogecoin’s daily trading volume to crash by 53.8% overnight, and Dogecoin now has a daily trading volume of $3.61 billion.
Should Dogecoin follow its historic trends, DOGE will likely face further declines over the next week. As a result, investors are now diversifying with other meme coins.
Pepe Surges 600% in 30 days
Pepe has been among the best-performing meme coins over the last 30 days. Its price increased by 628%, and Pepe hit an all-time high on March 5. This significant increase triggered a rise in Pepe trading activity, and Pepe was ranked among the world’s top 10 most traded cryptocurrencies for several consecutive days.
However, like Dogecoin, Pepe is also crashing. Its price is down 10% over the last 24 hours, and Pepe’s daily trading volume has fallen by 15%. This decline suggests that Pepe has lost its bullish momentum, and consequently, many investors are holding back before purchasing additional Pepe tokens.
KangaMoon (KANG) Passes $600k Milestone
As Dogecoin and Pepe lose momentum, KangaMoon continues to soar. The project made headlines over the last week for its strong price performance. Now, KangaMoon has hit another milestone of raising $951,247.873. KangaMoon is now in stage 3 of its presale, and its tokens are selling faster than ever.
Aside from great returns, KangaMoon offers fantastic utility. The project aims to create one of the world’s top DeFi ecosystems and will use social-fi features to actively incentivize social interactions. As part of its ecosystem, users will have the opportunity to earn rewards for engagement, and they’ll also be able to complete challenges available every week, month, and quarter.
These social-fi features will also influence the KangaMoon presale. During the presale, investors who help to promote KangaMoon will be granted additional $KANG tokens. This is a great way for bullish investors to generate income before the project launches.
During stage 3 of the KangaMoon presale, $KANG tokens will be sold for $0.01125. The tokens’ price has recently increased for the second time, and investors who buy during stage 3 will be able to claim a 10% buy bonus.
KangaMoon Vs Traditional Meme Coins
KangaMoon stands apart from other meme coins due to its fantastic utility. While most meme coins rely on Bitcoin and market trends, KangaMoon will foster and grow a strong community of like-minded investors. This idea has already helped KangaMoon attract thousands of investors to its presale and is expected to be a big hit once KangaMoon launches.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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