Analysts Say This Bluechip Shiba Inu Rival Will Storm The Market Upon Listing, Could Explode 300%
One of the easier avenues to make money in the crypto market is to identify high-potential cryptos early and invest before the price moons. With over 10,000 cryptos in the market, finding such top crypto coins is also not an easy task. After studying some of the new crypto projects in the market, analysts believe that KangaMoon has the capacity to rival Shiba Inu in the coming months. With the listing coming up in the next few days, KANG could explode by 300%, making it one of the top crypto coins to accumulate now before the listing. Meanwhile, Shiba Inu is witnessing whale activity which could trigger a rally.
KangaMoon Price Analysis – Analyst Forecast 300% Rally on Listing
Ahead of KANG’s listing in major CEX exchanges, analysts have made bold predictions. With BitMart set to list the token soon, numerous analysts are forecasting a 300% rally after listing. As such, KANG could emerge as one of the best crypto coins of 2024 ahead of Shiba Inu. Notably, the team has secured another CEX listing, with other exchanges to list the token soon.
Meanwhile, the two popular crypto data aggregator websites, CoinMarketCap and CoinGecko, have listed the token. This makes it easier for investors to study the market trends and make investment decisions. Notably, the staking dApp is also live. As such, users can stake their assets for maximum APY. The KANG token which started at $0.0050, is now sold for $0.025.
In essence, traders who bought in the first stage of the presale already got 400% returns, which could go as high as 800% after the listing. So far, the team has raised almost $7M in presale, with analysts tipping it to reach $8M soon. The KangaMoon community is growing at a fast pace. Recent data shows that over 32,000 people have signed up, with more than 10k holders.
These data signify that KangaMoon is already on the path to becoming one of the best crypto coins of 2024. With its two key features, the GameFi and SocialFi model, KangaMoon is building a vibrant community for meme lovers. Users can engage in games and win rewards, such as virtual currency and in-game items. With its goal of opening the $176B games market for people to benefit, KANG is one of the best cryptos to invest in now for future gains.
Shiba Inu Price Prediction – How High Can SHIB Go in June?
After witnessing massive rallies in Q1, which saw the Shiba Inu token gain over 2x to reach $0.000036 in March, the token price has been depreciating since then. Its attempt at mounting a retest in April was unsuccessful. Also, the Shiba Inu market cap has dropped below $15B with the Shiba Inu trading volume also declining.
Meanwhile, ShibaSwap has expanded to the Shibarium blockchain in the past week. Analysts believe this move will increase transactions on the Shibarium blockchain, leading to a higher burn rate for the SHIB token. Over the week, data from Shibburn, a dedicated Shiba Inu burn tracker, revealed that over 11M SHIB tokens were burned in the past week as the burn rate surged.
With this increasing burn rate, Shiba Inu’s price will surge soon. Although the Shiba Inu key market indicators are bearish, analysts project a resurgence and possibly a rally soon. So far, many Shiba Inu price predictions are in the range of 2x in the short run, making it one of the best cryptos to watch in Q3.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
