Amid the ongoing crypto market downturn, analysts are still optimistic of the meme market witnessing massive adoption in the year. What started as a rumor earlier in the year has led to over 10x ROI. Pepe (PEPE) and Floki (FLOKI) have returned over 10x ROI for investors who invested early in the year. Meanwhile, KangaMoon (KANG) has given early investors over 180% ROI. Based on the surging momentum, analysts have picked these tokens as the best meme coins to invest in 2024.
KangaMoon (KANG) Presale Frenzy Attracts Crypto Investors
Despite the positive gains that Pepe and FLOKI have made in several months, crypto analysts have shifted their focus to the KangaMoon project, for which analysts have protected 100x returns in the year. So far, early investors are already calculating their profits. The token, which started presale at $0.0050, is now sold for $0.014.
The surging momentum has led to the team raising over $2.2M while setting eyes on $3M. Barely a few days after the project entered 4th stage of the presale, over 60% of the tokens mapped out for stage 4 have been sold. A few days ago, it was revealed that the team is planning to list the token in a major Tier 1 CEX exchange in Q2. That means massive rallies in the coming weeks.
Analysts think that the token price can hit $1 in Q4. So now is the best time to join at a very good price point. Just like experienced investors know, early investment in projects like KangaMoon is where significant gains are made. Meanwhile, the goal of the team is to build a community for meme enthusiasts.
The project, when launched, will integrate the social-fi community with P2E NFT gaming while allowing users to participate in a variety of games and get rewarded. Token holders can also earn more KANG when they join in community activities like commenting and sharing tweets that promote the platform. Overall, now is the best time to invest in 2024's hottest meme coin, which is projected to topple popular meme coins like Dogecoin.
FlOKI Price Continues Bullish Run as It Pumps 556% in 30 Days
Floki has seen an impressive surge in price in the past few weeks. This jump has attracted many investors to the project. Based on data from CoinMarketCap, the year-to-date price chart shows 498% growth.
However, the Floki trading volume and market cap are decreasing. Analysts attribute the decreasing market activity to the crypto market downturn. As such, they expect the token to witness a resurgence soon. With the team already getting approval to burn more Floki tokens, analysts project 5x ROI for the token in the year. The meme coin market is booming, and Floki is expected to ride on that wave and surge this year.
Pepe (PEPE) Climbed By 534% in the Past 30 days
Pepe (PEPE) is one of the best-performing meme coins in the past few weeks. While the year-to-date price metrics show 13,364% growth, the weekly market stats aren't impressive. The Pepe trading volume and market cap aren't showing good signs, but analysts are optimistic that the meme coin will head to the moon again.
Zooming in, the Pepe price has increased by a huge 540% in the past month based on CoinMarketCap data. While the token price has declined in the past few days, crypto experts believe it will bounce back, considering the surging popularity of meme tokens. As such, they think Pepe will set a new ATH record in Q2, making it one of the best meme coins to buy now.
Written by seasoned experts, who have over 16 years of experience in Free Zones development. Learn more.
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