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Shiba Inu Price Explodes, KangaMoon Is Raising The Stakes To Be The Next Best Meme Token

March 6, 2024
in Crypto News
Reading Time: 3 mins read
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Shiba Inu Price Explodes, KangaMoon Is Raising The Stakes To Be The Next Best Meme Token
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Shiba Inu has exploded over the last week. Its value has increased by 183.84% and thousands of new investors have joined the Shiba Inu ecosystem to capitalize on expected price increases. Meanwhile, KangaMoon recently hit a new milestone during its presale and is on track to increase in value over the next week. As a result, meme coin investors are choosing to diversify their portfolios. 

Shytoshi Kusama Makes Several Shiba Inu Announcements

Over the last 5 days, Shiba Inu’s lead developer, Shytoshi Kusama, has been extremely active on X. Kusama has made several posts addressing the Shiba Inu community. One post in particular highlighted that Shiba Inu is catching up to Dogecoin. At the time of writing, Dogecoin was ranked the 9th largest cryptocurrency by market cap, and Shiba Inu was ranked 11th. 

Shiba Inu’s recent growth has dramatically closed this gap, and now, Kusama highlights that Shiba Inu has become the “Dogecoin killer” coin.

In one of his latest posts, Kusama stated there will be “one more big announcement next week.” This announcement is expected to add further utility to the Shiba Inu ecosystem, which has seen exponential growth over the last year.

According to CoinMarketCap, Shiba Inu is currently trading at $0.00002818, and SHIB has increased by 212% over the last month. This is Shiba Inu’s highest price in over a year, and now meme coin enthusiasts believe that Shiba Inu could topple Dogecoin over the next 10 months. 

Can KangaMoon Become A Top Meme Coin?

With the demand for meme coins on the rise, KangaMoon is in a strong position to capitalize on market growth. This innovative new project recently increased in value by 125%, and is now in stage three of its presale. Given its current growth, experts believe it could surge by 320% before its presale ends. 

The main reason investors are joining KangaMoon is the project’s unique model. Instead of being just another meme coin, KangaMoon offers social-fi features and a P2E game. This game will let users battle characters in tournaments, as well as place bets on who will win. But this is just one of KangaMoons many features.

The project will actively reward players for their social activity. The more they engage, the higher their rewards. Users will also be able to complete weekly, monthly and quarterly challenges to maximize their returns.

These social-fi incentives are designed to help KangaMoon build a thriving ecosystem of like-minded individuals. KangaMoon will use $KANG tokens within its ecosystem. These tokens are currently trading at $0.01125 (an increase of 125%), and KangaMoon is offering a 10% buy bonus to investors who purchase during stage 3 of its presale. 

KangaMoon Or Shiba Inu?

While Shiba Inu is building its ecosystem, some experts believe that SHIB has already passed its peak growth and future returns may be limited. However, for KangaMoon, the sky’s the limit. After its presale, some experts speculate that KangaMoon could rally 100x. KangaMoon is a high-potential opportunity. 

Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!

Website: https://Kangamoon.com/

Join Telegram Community: https://t.me/Kangamoonofficial

Credit: Source link

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