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US Supreme Court Ruling Favors Dogecoin, Which Joins the Top Meme Coin List, Will Shiba Inu Make the Cut?

May 29, 2024
Reading Time: 5 mins read
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US Supreme Court Ruling Favors Dogecoin, Which Joins the Top Meme Coin List, Will Shiba Inu Make the Cut?


The crypto market is going through a slight dip, with well-known crypto giants, together with Bitcoin going through a value dip. Nevertheless, amid all this, the US Supreme Courtroom has dominated in favor of Dogecoin in a case that concerned Coinbase and Dogecoin, resulting in a surge within the value of DOGE which joins prime meme cash like Pepe (PEPE), Bonk (BONK), Dogwifhat (WIF) and KangaMoon (KANG) as the perfect crypto funding of 2024.

Nevertheless, Shiba Inu, which has been experiencing a value correction did not make the minimize owing to excessive competitors from new meme tokens together with KangaMoon which was lately listed by CoinMarketCap and Coingecko whereas awaiting its itemizing on BitMart.

KangaMoon (KANG): Providing a 100x Value Surge with Its Current Itemizing on CoinMarketCap and CoinGecko

(KANG) has been inflicting a buzz throughout the meme coin market, recording a powerful 400% ROI for its early traders. This distinctive coin has additionally managed to lift over $7 million whereas aiming for the $8 million mark by the tip of Might. Its current partnership with RaidSharkBot has made it attainable for the venture to reinforce its group engagement expertise whereas providing a $1,000 month-to-month reward pool.

KangaMoon stands out in that it provides extra use instances than a lot of the hyped meme cash. The KANG token serves because the in-game foreign money for its upcoming P2E video games. This can enable customers to buy gadgets whereas upgrading their characters. Moreover, KANG holders will even have unique entry to a number of the challenges for an opportunity to earn further KANG tokens and different rewards.

Specializing in giving again to its group, KangaMoon will present free KANG tokens to its most lively members even earlier than it launches. This transfer has already seen greater than 32,000 registered members share and like KangaMoon’s social media posts, growing the coin’s place as the perfect meme coin to put money into.

KangaMoon is at present buying and selling at $0.025, which represents a 400% value surge. Nevertheless, with its current itemizing on CoinMarketCap and Coingecko, analysts foresee a 100x surge inside 2024, making KangaMoon one of many new meme tokens with a excessive return potential in 2024.

Dogecoin (DOGE) Value to Bear a 13x Surge In response to Glassnode Analyst

A Glassnode analyst shared an ultra-bullish value prediction for Dogecoin suggesting that the meme coin will bear a 13x surge. This comes when Dogecoin is monitoring an enormous cup and deal with sample indicating a bullish formation. Traditionally, this Dogecoin sample usually precedes consolidation earlier than an ensuing breakout.

Dogecoin, one of many prime meme cash, has been taking assist from the 50 and 200-day exponential transferring averages, indicating a medium to long-term surge. Furthermore, with the in favor of Dogecoin in opposition to its case with Coinbase, this would possibly play a major position in DOGE’s capability to achieve new highs in 2024.

Pepe (PEPE) Value Soars by 35% in Week

The Pepe value recorded a rally of 35% in only a week. This comes after Pepe coin hit a brand new all-time excessive of $0.00001470 amid rising expectations of an of the spot Ethereum ETFs. Pepe’s current rally has seen the frog-themed token be a part of the highest 20 cryptos by market cap. With the Pepe value buying and selling with a bullish bias throughout the one-day body, having damaged out above its ascending parallel channel, the coin’s upside potential stays alive supplied the Relative Energy Index stays above its imply degree of fifty.

Furthermore, Pepe’s Shifting Common Convergence Divergence is above the sign line, one thing that’s seen as a bullish register technical evaluation. Moreover, the MACD line holds above Pepe’s sign line, signaling an upside momentum favor, making this meme coin the perfect crypto funding possibility in Might.

Bonk (BONK) Outperforms Prime Meme Cash Together with Shiba Inu

The current efficiency of Bonk has outperformed a number of the main meme cash together with the likes of Shiba Inu. Up to now 30 days, Bonk has recorded a large 80% upside momentum, with Shiba Inu recording a 3% dip throughout the similar interval. In response to the coin’s technical evaluation, BONK appears bullish and may be heading in direction of an all-time excessive.

Nevertheless, earlier than this meme coin can hit its all-time excessive, it appears to be experiencing some robust resistance close to the $0.000037 mark. If the value of Bonk surges previous this resistance degree, there’s a excessive likelihood that the crypto would possibly surge, reaching the $0.000047 mark.

Dogwifhat (WIF) Investor Buys Massive Quantities of WIF tokens

In response to , a Dogwifhat whale has instantly amassed a bigger quantity of WIF tokens, spending round $606,000 to purchase round 228,000 WIF meme cash. Whereas buying the Dogwifhat cash, the whale created a brand new pockets and made a 1.83 million USDC withdrawal from Coinbase to purchase the WIF tokens.

Furthermore, Dogwifhat value continues to take care of an ascending pattern, regardless of going through bearish challenges with the newest upswing elevating the coin ranges above the pattern. The WIF value is believed to have initiated a contemporary ascending momentum that may see it attain new highs of $5 quickly. Dogwifhat value has additionally been buying and selling inside a decisive triangle having reached the apex of its consolidation. Moreover, the MACD can be near initiating a bullish crossover whereas getting into the constructive vary because the RSI continues to hover throughout the common vary suggesting an inflow in shopping for quantity.

Conclusion

With the meme coin market set to bear a powerful surge, these 5 cryptos are thought-about the perfect crypto funding for 2024 providing the next ROI. Furthermore, KangaMoon has additionally stood out as one of many prime meme cash to put money into owing to its excellent presale efficiency.

Uncover the thrilling alternatives of the KangaMoon (KANG) presale right now!

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