New Meme Coin Grabs Attention From Shiba Inu (SHIB) and Memecoin (MEME) Holders After Recent Spikes

Shiba Inu (SHIB) has seen a major 203% price increase in the past month which has fueled positive market sentiment and has positioned it as one of the largest players in the industry. It is not alone however as Mmeecoin (MEME), a competing project is also showcasing green on the charts.

Despite their major success, the newcomer KangaMoon (KANG) is on a path towards passing both of them in terms of growth percentage. To see why this is the case we will go over each memecoin's performance individually and determine which can make the best addition to anyone's portfolio.

Shiba Inu (SHIB) Grows 208% – Can It Move Above $0.00004?

Shiba Inu (SHIB) is showcasing green signs across all of its charts, and has not stopped growing during the past year. The year-to-date (YTD) climb for the Shiba Inu price was by 208%. Moreover, during the previous month, the Shiba Inu crypto also showcased a 203% jump in value positioning it as one of the highest-growing meme coins.

However, within the past week, SHIB also spiked 16.5%, and moved up from a low point of $0.00002611 to a maximum value of $0.00003231. According to the Shiba Inu price prediction it can end 2024 at $0.000047.

Memecoin (MEME) Climbs Just 20.5% – Price to Reach $0.0293

Memecoin (MEME) is also bullish on the charts and is green across all of the time-frames. During the past month, the Memecoin price has spiked by 20.5%. However, its growth didn't end there, as during the past week it's also up, where the Memecoin crypto moved from a low point of $0.03432 to a maximum value at $0.04078. According to the Memecoin price prediction, it can end 2024 at $0.0293, positioning it as one of the best memecoins.

KangaMoon (KANG) Climbs 180% and Can Spike 100x Based on Projections

KangaMoon (KANG) is already dominating the charts and could soon reach exponential gains, positioning it as another memecoin with massive growth potential. The platform is built on top of Ethereum and KANG as a token follows the ERC20 token standard.

Moreover, it's also undergoing its blockchain ICO, where its seen rapid momentum after raising over $3.5 million, nearing the $4 million mark which is projected to hit it by end of Q1. This can be attributed to its unique combination of Social-Fi elements and a community-driven approach.

However, it also implements Play-to-Earn (P2E) features. Players can connect on a global scale, to engage in challenges and get rewarded in KANG tokens or rare non-fungible tokens (NFTs). There's also a dedicated marketplace where anyone can buy, sell or trade them. Yet, the price of KANG has seen a rapid climb from $0.005 to $0.014, a 180% upswing. Analysts are now bullish on its future and project that it can climb by 100x following its official launch and major exchange listing. These aspects put KANG as the best meme coin to invest in.

Summary

While both Memecoin and Shiba Inu are bullish, its clear that all traders are pointing their attention to the KangaMoon presale. Not only is it rapidly climbing, but it can become a major player in the industry by revolutionizing the meme coin space, putting it on top, and positioning it as one of the best meme coins to watch.