Altcoin
US Election Crypto Voters Are On The Rise, Find Out The Best Altcoins To Accumulate Before A Huge Surge
As more and more crypto voters show interest in the upcoming US elections, enthusiasts remain optimistic that the outcome of the presidential election will benefit the cryptocurrency market. Meanwhile, some of the best altcoins to accumulate, which are expected to rise exponentially after the US elections, include Ripple, Shiba Inu, Pepe, Polygon, and the promising new meme coin KangaMoon.
KangaMoon dominates the meme coin space
At the moment, KangaMoon (KANG) is starting to gain traction in the meme coin space. Furthermore, sales from the current pre-sale have already exceeded $7.7 million and are estimated to exceed $8 million in the next two weeks. Additionally, KangaMoon has become famous for building a sizable community with over 32,000 registered users.
KangaMoon is a source of excitement for traders around the world as it plans to dominate the Play-to-Earn (P2E) gaming market. To do this, a P2E game will be launched where you can play and win KANG through game activities. Furthermore, since it allows you to take part in weekly, monthly and quarterly challenges that give you access to extra rewards and in-game items, having the KANG token is essential. Interestingly, ahead of its official launch, KangaMoon is giving away free KANG tokens to the most committed community members. Traders are flooding KangaMoon’s social media channels in an attempt to spread the word and win this promising meme coin. KANG currently costs just $0.025 in the pre-sale bonus phase – 400% more expensive than at the start of the project pre-sale.
It was recently announced by BitMart, a Tier 1 CEX, that KangaMoon will soon be listed on the stock exchange. Analysts remain optimistic about this and how it relates to the P2E gaming market. It is worth noting that CoinMarketCap and CoinGecko have already listed KangaMoon. Analysts predict that in the second quarter of 2024, KANG will rise to $0.5, securing its position as one of the best meme coins to buy now.
Wavy price chart analysis
In recent years, Ripple (XRP) has struggled to mount a significant rally. The price of Ripple has increased slightly over the years last month by 1.73%, but has also suffered a slight setback, down 0.72% over the past week. With a slight decline, this downward trend has continued until today, when Ripple price is hovering around $0.52. While Ripple faces regulatory hurdles in addition to market volatility, this continued price volatility keeps investors on their toes.
A bull run in 2017 marked the start of what would prove to be a long accumulation phase for Ripple. Many believed that this phase would end in the bull market that followed in 2021. However, the SEC’s 2020 lawsuit against Ripple damaged the token’s price trajectory, as evident in Ripple’s price chart. For this reason, Ripple has diverged from other cryptocurrencies that have seen notable gains over the same time frame.
Shiba Inu market capitalization increases
Shiba Inu has surpassed Cardano and entered the top 10 cryptocurrencies by market capitalization thanks to the current bull run of meme coins. The Shiba Inu’s market capitalization has increased by more than 15% in the last three days. But as cryptocurrency analyst Valeriya a strong buy signal for the Shiba Inu coin, it appears this move is far from over. It also offers tactical spot buying guidance supported by a trend line break. This indicates the fact that the value of the token may increase. Meanwhile, the Shiba Inu coin is up more than 17% in the last 30 days.
The price of pepper increases
Pepe price has increased significantly by over 110% in the last 30 days, trading at $0.00001472. Pepe is currently one of the most popular meme coins on CoinMarketCap, which can be attributed to interest in the Ethereum blockchain-based token following the historic approval of spot ETH Exchange Traded Funds (ETFs). The ETH ETF approvals created a lot of buzz, and in less than a week, Pepe’s open interest increased by nearly $34 million.
Analyst and trader Crypto Rover predicts that Pepe’s market capitalization will increase up to 6X Meanwhile, Pepe’s market capitalization is currently $6.18 billion. Once it broke out of the ascending parallel channel, Pepe price started trading in a bullish bias. However, the meme coin may see a correction before the next rally, following a series of single-day higher highs for the PEPE/USD trading pair.
Polygonal price chart analysis
With great promise, Polygon (MATIC) has entered the cryptocurrency space. By providing a layer 2 solution, it attempted to solve Ethereum’s scalability issues and enable faster and cheaper transactions. Despite these ambitious goals, Polygon’s price has fallen from its peak. As of May 29, Polygon’s price was trading at $0.72, a decline of nearly 76% from its December 2021 peak of $2.92.
Given the recent bullish trends in the broader cryptocurrency market, where many major cryptocurrencies have shown significant gains, this decline becomes noteworthy. Meanwhile, Polygon recently underwent the Napoli update, which improved its performance and scalability. However, this has not yet resulted in favorable price movement, as Polygon has seen bearish trends, as evident in Polygon’s price chart, and significant sell-offs by investors.
What is the potential rise of KANG?
KangaMoon is one of the most promising meme coins and many investors are already interested in it. Additionally, inflating the token’s price is less costly due to KangaMoon’s current low market capitalization of just $25 million. For this reason, analysts predict that KANG’s price will rise above $1 once listed on BitMart, making it one of the best meme coins to buy now.
Discover exciting KangaMoon (KANG) presale opportunities today!
Website: https://Kangamoon.com/
Join the Telegram community:https://t.me/Kangamoonofficial
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