Dogecoin, Bonk, and KangaMoon have experienced significant gains during the recent bull run in the market. This has generated excitement within the meme coin community, and meme coin trading activity has reached its highest level in two years.
As we enter March, experts believe Dogecoin, Bonk, and KangaMoon are the top meme coins to purchase. KangaMoon All three are predicted to make further gains, and as a result, are on the buy list of many investors.
Dogecoin's Growth Slows After 115% Increase
Following a slow performance in January, Dogecoin quickly became one of the top-performing meme coins in the market in February. Its value surged by 115%, and Dogecoin’s trading activity soared.
While its growth has decelerated with a 7.42% price decline in the last 24 hours, investors remain optimistic about Dogecoin. The meme coin’s daily trading volume has steadily risen, with a 2.19% increase overnight.
At present, Dogecoin is the 8th most traded cryptocurrency globally, with a daily trading volume of $8.05 billion. DOGE is currently trading at $0.1677, and experts believe DOGE could rise to $0.2 if the bullish market sentiment continues.
Bonk Declines 8% In 24 Hours
Similar to Dogecoin, Bonk has also seen decreases in prices in the last 24 hours. Bonk is down by 8.97%, however, unlike Dogecoin, the Bonk community is selling their tokens. Bonk’s daily trading volume has plummeted by 44% overnight, indicating that Bonk investors are profiting from the meme coin’s recent growth by selling their tokens.
Due to the meme coin’s lack of usefulness, Bonk could undergo further price declines over the next month as investors lose faith in the project’s growth. After this trading decline, Bonk has fallen out of the top 10 cryptocurrencies by daily trading volume and is now ranked number 23.
KangaMoon’s (KANG) Presale Continues To Rise
While Bonk and Dogecoin exhibit signs of consolidation, KangaMoon continues to surge. This new meme coin recently sold out in the second phase of its presale, after which its utility token, $KANG, reached a new all-time high of $0.01125.
KangaMoon is outperforming traditional meme coins due to its excellent usefulness and distinctive social-fi attributes. Unlike most meme coins, KangaMoon provides a comprehensive ecosystem for its users to enjoy. Over the next year, KangaMoon aims to become one of the best communities in the DeFi ecosystem.
To achieve this, the project will integrate social-fi features and P2E gaming. These features will actively reward KangaMoon users for their social interactions while giving them the opportunity to win rewards through weekly, monthly, and quarterly challenges.
This concept has proven to be a big success. KangaMoon quickly sold out during its first two presale rounds, and round 3 is expected to be its most popular to date. Investors who purchase $KANG tokens during the third round can benefit from a 10% purchase bonus. Since experts believe $KANG will surge by 220% during its presale, this bonus could have a significant impact on investors’ portfolio growth.
Is KangaMoon The New Dogecoin Killer?
After gaining momentum during its presale, KangaMoon could be the next major meme coin to challenge Dogecoin. It already offers greater usefulness than most rivals, giving KangaMoon a significant advantage in the market. With this in mind, KangaMoon is projected to become an extremely profitable and lucrative meme coin.
Find the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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