Analyst Predicts 65% Surge for Pepe, Shiba Inu Price Rallies, KangaMoon Presale Booms

A crypto analyst, Ali Martinez, has revealed that Pepe is forming an inverse head and shoulders pattern, a bullish signal. On the other hand, Shiba Inu has seen a little uptick on the price chart. Meanwhile,nKangaMoon's blockchain ICO has started on a good foot, as over 50% of the tokens for stage 1 have been sold.

Shiba Inu (SHIB) Price Pumps 3.8%

Shiba Inu's (SHIB) Layer-2 solution, Shibarium, witnessed a 375% increase in network activity lately. Shibariumscan data showed a jump in transactions, from half a million on February 9th to about 2 million by February 10th. 

This sudden spike in activity on the network could signal an upcoming bullish price run. Meanwhile, Shiba Inu price has seen a little price uptick of 3.8% as it went from a weekly low of $0.05882 to a peak of $0.059557.

Despite the price surge, the alt coin remains bearish on higher timeframes. Shiba Inu price has dropped 4.5% and 27.9% on the monthly and yearly timeframes.

Notwithstanding, the Shiba Inu price still looks bullish as it trades between the 50-day and 200-day SMAs. Also, its 14-day RSI value is above the average 50. As a result, analysts are bullish on Shiba Inu reclaiming the $0.00001000 price zone and soaring to $0.00001230.

Pepe (PEPE) Forming Bullish Signal

In a recent X post, renowned crypto analyst Ali Martinez shared an optimistic view on Pepe's (PEPE) price. Martinez noted that Pepe coin is forming the right shoulder of an inverse head and shoulders pattern.

This pattern usually suggests an upcoming price increase after a bearish period. Additionally, the analyst said the TD Sequential indicator is giving a buy signal, reinforcing the bullish outlook. With these indicators and the chart pattern, Martinez predicts that the price of the alt coin could rise in the coming weeks.

The price chart shows Pepe coin could rally 65%, reaching $0.0000017 in the long run. At the moment, the Pepe price has increased 8.4% as it jumped from a weekly low of $0.000000887 to a peak of $0.000001034.

KangaMoon (KANG) Presale Builds Momentum

KangaMoon (KANG) is building a unique DeFi project that will mix social engagement, gaming, and meme culture into one platform. This project is designed to grow a vibrant community where memecoins enthusiasts can participate in various challenges while reaping rewards. KangaMoon is on a mission to develop the most lively meme community, offering numerous ways for members to earn. 

Participants can gain tokens and in-game items by engaging in battles and tournaments. Non-participants can also partake by betting on matches to win valuable prizes. 

Additionally, KangaMoon's model rewards KANG token holders with weekly, monthly, and quarterly challenges. Those who complete them will get additional tokens or in-game assets, which can be sold on the forthcoming KangaMoon marketplace. 

With KANG priced at just $0.005 and $128,863.793 raised in stage 1, KangaMoon's presale is moving fast. This makes it important for investors to join the gravy train now. Analysts predict that this DeFi project could mirror Dogecoin's success. As a result, they are forecasting a 100x increase in value once it hits top exchanges in Q2 2024.

Conclusion 

Though KangaMoon, Shiba Inu, and Pepe are all memecoins, KangaMoon is introducing a superior model. Firstly, compared to Pepe and Shiba Inu, which have trillions of tokens each, KangaMoon has a token supply of just one billion.

For this reason, KangaMoon is the best token to purchase and has a higher potential value than Pepe and Shiba Inu in 2024. Therefore, it is better to participate in KangaMoon's blockchain ICO now as the price may soon rise to $0.0075.

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

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