IntoTheBlock: Dogecoin May Reach a New Yearly High; KangaMoon Nears $5M As Solana Soars

Recently, the crypto market has been scorching hot. For example, IntoTheBlock has made some bullish statements about Dogecoin (DOGE). Meanwhile, the KangaMoon (KANG) presale has been stellar as it nears its $5M milestone. Some analysts even hint that this meme coin will surge by 50x in 2024. Finally, Solana (SOL) is on a tear—rising by 16% on the monthly charts.

IntoTheBlock Foresees the Dogecoin Price Skyrocketing

One of the meme coin titans, Dogecoin (DOGE), is now experiencing an uptrend. CoinMarketCap data shows that the Dogecoin price soared from $0.17 to $0.18 in the past 30 days alone. Its market cap also increased from $25.27B to $27.09B in that time. IntoTheBlock claims that to reach a new yearly high, DOGE needs to break through the $0.20 level.

The technical analysis for this meme coin also is bullish. Notably, the Dogecoin crypto is now trading above its 21—and 50-day EMAs. Not only that, but 21 technical indicators are now in the green for Dogecoin. As a result, experts in the crypto field have made a bullish Dogecoin price prediction—hitting $0.28 within Q2 of 2024.

KangaMoon (KANG) Presale Nears the $5M Raised Level

Meanwhile, KangaMoon (KANG) also makes a name for itself in the meme coin market. This rising presale star has already raised $4.6M and is on track to reach $5M before April 2024 ends. This surge of funds puts KangaMoon in a pretty good position to shake things up for its rivals.

Unlike 99% of meme coins, KANG stands out as it has actual utility. With KANG, you can upgrade characters and buy in-game items in KangaMoon's upcoming Play-to-Earn (P2E) game. KangaMoon will also provide KANG holders with exclusive weekly, monthly or quarterly challenges to obtain more tokens or in-game items.

KangaMoon's approach to giving back to its community is fascinating. For example, before its official launch, KangaMoon is giving its most active members free KANG. Now, more than 20,000 registered members will actively participate by liking and sharing KangaMoon's social media content.

This meme coin is priced at only $0.0196 as it is in Stage 5 of its presale—a significant jump from its initial price of $0.005. But remember that it has ties to the P2E gaming market, which is projected to reach $885M by 2028. Thus, analysts predict that once it hits a Tier-1 CEX platform in Q2 2024, KANG could rise by 50x – making it one of the best new meme coins.

Solana Price Analysis: Riding a Bullish Wave

Solana (SOL) is also making waves in the crypto sector. Notably, CoinMarketCap data shows that the Solana price increased from $148 to $171 over the last month alone. During that period, its market cap also rose from $65.84B to $76.23B.

In addition, the technical analysis for the Solana crypto is also bullish. For instance, Solana is trading above its 100—and 200-day EMAs while boasting 15 green technical indicators. Therefore, prominent market analysts foresee a rise to $229 before Q2 of 2024 ends in their Solana price predictions.

Dogecoin vs. KangaMoon vs. Solana – Which Crypto Stands Out?

Dogecoin and Solana may be well-established cryptos, but KangaMoon stands out. To clarify, KANG has a low market cap of $19.6M, which means it only needs another $19.6M to double its current price. If you are interested in this one-of-a-kind meme coin, sign up for its presale using the links below and get a 10% bonus.