In the sphere of meme coins we have seen major price uptrends which has positioned this class of cryptos high on the radar for many investors and traders. For example, Pepe (PEPE) has surged 583.6% year-to-date (YTD), while a newer competitor, known as Bonk (BONK) has risen 3,947.1% in the same time-frame. However, a new memecoin can soon surpass them, and not only in value but in utility and that’s KangaMoon (KANG). Today, we will go over the price performance of both to see how far they can rise.
Bonk (BONK) Siked 3,947.1% YTD and It's Still One of the Cheapest Crypto Gems
Bonk (BONK) recently gained attention as it was featured on the Snapshot Consensus 2024 event on May 30, 2024 by bloXroute Labs. Historically, the Bonk crypto provided massive ROI, as it increased 3,947.1% year-to-date (YTD).
However, the on-chart metrics for the Bonk price are bullish, and if it retains this momentum it can more than double in value during the upcoming trading sessions. According to the Bonk price prediction, it can end Q4 of 2024 at $0.000057.
Pepe (PEPE) Grew 583.6% – How Far Can It Reach in 2024?
Pepe (PEPE) is a meme coin that has no utility and was created through inspiration by the “Pepe the Frog” meme. As a result, its ecosystem has not grown, and there have been no updates to its code or overall technology. However, what the Pepe price has done is grow by 583.6% during the past year.
Moreover, the Pepe crypto could soon see far more substantial gains, as it amassed a major community, which has made it a cheap crypto gem to consider. Its RSI and MACD data are all showcasing major upwards momentum, which could pull it ahead soon. Based on the Pepe price prediction, it can end Q4 of 2024 at $0.000017, positioning it as one of the best memecoins.
KangaMoon (KANG) Is a Crypto Gem With 100x Growth Potential
KangaMoon (KANG) is another memecoin, however, unlike other meme coins, it differentiates itself by offering anyone access to a vast ecosystem and real token utility. Specifically, KANG will be given as a reward for anyone engaging with its Social-Fi elements and the Play-to-Earn (P2E) game. Its focus is also community-driven, and as a result, anyone who engages with social media channels will also get rewarded with the KANG token.
In the P2E game, players take control of characters which they can upgrade and then compete in tournaments or battles with. They receive rewards in the form of KANG tokens or in some cases even as non-fungible tokens (NFTs). So far, KANG has raised over $6 million with its presale, and can raise over $7 million as its already amassed a user base of over 20,000. The price of KANG also climbed, as it initially traded at $0.005 but is now up to $0.0196, and this has marked a monumental rise in value of 290%. Now, analysts are projecting a major 100x price increase following its launch and major exchange listing, positioning it as one of the top meme coins to invest in.
Summary
While both Bonk and Pepe have experienced a major price uptrend, their growth is not over as they can see far more substantial gains in 2024. However, the biggest cheap crypto gem currently is KangaMoon as it can provide an ROI of up to 100x based on analyst projections, making it one of the top meme coins to invest in.
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