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Just recently, a savvy crypto investor made it to the news after turning a modest investment of $861 in a Solana-based memecoin into an impressive return of over $657,000. This striking investment particularly involved the investor buying 86.55 million of Mother Iggy meme coin, $MOTHER, by selling 5.14 SOL tokens. This $MOTHER purchase constituted a significant 8.66% of its total supply.
Later on, this meme coin investor made $509,000 by selling 80.41 million of $MOTHER tokens for 3,035.5 SOL tokens, as observed by Lookonchain on X (formerly Twitter). At the moment, this investor holds 6.14 million MOTHER, worth $148,000, highlighting the potential of a staggering return when it comes to investment in the meme coin market.
Even more promising about the meme coin space is its presale market which is currently filled with unique upcoming projects like KangaMoon (KANG), the latest meme-backed GameFi and SocialFi project. For investors seeking similar opportunities like the highlighted profit made with $MOTHER, coins like KangaMoon, Dogwifhat, Pepe coin, Floki token, and GameStop token exhibit strong potential for substantial growth this year. Let’s explore these meme coins.
Of all the meme coins to anticipate in the presale market, KangaMoon (KANG) is arguably the most unique as it comes with an engaging and entertaining incentive model capable of delivering daily returns. The KangaMoon token project is specifically a play-to-earn gaming platform with SocialFi incentives integrated into the platform for further engagement and added earning opportunities.
After completing five presale stages and now in a bonus presale phase, KangaMoon has finally secured two official listings on both CoinMarketCap and CoinGecko. In addition to this feat, KangaMoon is awaiting two other tier-1 listings, particularly with BitMart and Uniswap. In its current bonus presale stage, KangaMoon has also exceeded the expectations of the meme coin market with over $7.5M raised and setting sights on $8M by the end of June.
Joining KangaMoon’s milestones, the native KANG token has also seen a magnificent price ascent, with early buyers of the token recording a 400% returns over investment (ROI). This appreciation showcases a jump from an initial offering price of $0.005 to $0.025 in the current stage; however, $KANG is still expected to surge further when it finally launches in the GameFi market. As such, experts think it could even reach $1 by the end of the year and potentially rank among top meme coins this year.
In an attempt to scale its adoption ahead of imminent launch, KangaMoon recently partnered with RaidSharkBot with the aim of increasing its community engagement by introducing raids, challenges and a cash prize. Currently, KangaMoon boasts a rapidly-growing community of 32,000 registered members consisting of nearly 10,000 tooken holders. Given its unique features, and sky-high potential, KangaMoon holds a solid position among the top meme coins to watch in 2024.
Dogwifhat token is a Solana token that took that meme coin space back when it launched in November, 2023. With a huge community support and through the help of Solana super network capabilities, Dogwifhat has been able to raise the value of its token over 2,150%. Additionally, Dogwifhat has grown to become the 4th largest meme coin by market cap.
For about a week now, Dogwifhat has maintained a bullish streak as it is nearing a 30% increase, with efforts to reach its all-time high price of $4.83. The recent positivity surrounding Dogwifhat token has raised its chance of ranking among top cryptos to buy this year.
The recent striking performance in Pepe (PEPE) network can no longer be considered a fluke in any way. With a stabilized momentum in the past few weeks, Pepe has finally maintained a long-standing higher position where its market is keeping strongly above $6.8 billion.
In addition, Pepe coin shows intention of remaining a top crypto to buy this, considering how it has maintained substantial progress almost every week since its perpetual futures launched on Coinbase a month back. One factor that allows Pepe to maintain a dominant outlook is its recent surpassing of Polygon’s network. With a 50% surge this past week, the meme coin is burgeoning.
Floki has always been a standout crypto in the meme coin space. The token serves a variety of utility that has the potential to rake in more traction in decades to come. The Floki token caters to the meme coin space, Web3 space, NFT marketplace, decentralized exchange and much more.
In the past 3 months, Floki has risen to new levels a total of three times, moving from the lower levels of $0.00013116 to a current valuation holding strongly above $0.0002700. Six days, Coinbase announced that it will support $FLOKI perpetual futures starting 9:30 am on 30th of May, 2024. This development is set to increase the chances of Floki’s next bullish phase this Q2.
On the 13th of May, the value of GameStop (GME) token grew 30 times over, following the social media return of Keith Gill, the leading figure in the GameStop Stock saga. This sparked a huge interest in GameStop token and most investors started eyeing this meme coin as it showed potential of becoming a top gainer this year.
However, this was before GameStop price started dropping due to reduced network activity, the platform however is hosted in the meme coin market, a sector known for wave gain. As the meme coin sector is poised to garner up more gains in the next crypto surge, GameStop token is surely to tally along as it exhibits bullish potential.
KangaMoon is definitely positioned for increasing gains considering the fact it’s expected to list on BitMart and Uniswap. Since KangaMoon has already seen 40x growth throughout its presale, completing a 100x rise is relatively easy for the new GameFi token.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Our Telegram Community: https://t.me/Kangamoonofficial
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.
