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Investors are keenly watching KangaMoon, Tron, Maker, Bonk, and Pepe to see which of these memecoins will emerge as high performers.
Among the large number of cryptocurrencies in the market, there are those which are classified as high performers and there are low performers. In this article, we shall be looking at where these cryptocurrencies – KangaMoon, Tron, Maker, Bonk and Pepe fall under.
At the moment, they are all trading in the green region with profits on their weekly and monthly timeframes. Based on the current price action and other factors, analysts claimed that their prices are expected to go higher in the near future.
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KangaMoon seals another exchange listing with MEXC
KangaMoon is among the best-performing projects in the market right now. The latest listing on BitMart and Uniswap has attracted lots of attention to the project and its ecosystem. Following the listing on BitMart, the price of KangaMoon skyrocketed. KangaMoon has also been listed on MEXC which is one of the leading trading platforms with low charges.
This listing opens the KangaMoon to a wider audience who can now buy it on Uniswap, BitMart and now MEXC. The price of KangaMoon as listed on CoinMarketCap is 58% up in the last 30 days. The altcoin is currently oscillating around the $0.05 mark after falling from its peak of $0.5. Analysts in the market are optimistic that KangaMoon’s price could reach this level in the near future.
Also, the staking feature of KangaMoon is now enabled. Users can stake coins for returns on the KangaMoon platform if they are an investor wishing to make some profits from their coins. The interesting part is the higher the duration of the stake, the more the reward. In essence, KangaMoon is a project that is set to redefine the meaning of the memecoin with the incorporation of SocialFi and GameFi concepts.
It is building a community where members can earn rewards from promoting the project and taking part in weekly competitions. Currently the community is looking forward to the launch of Kangaverse, KangaMoon’s virtual gaming world. KANG token will be integrated into this platform as the primary means of purchasing digital assets and enhancing the characters.
This utility makes it a good crypto to have. Analysts have claimed that more exchanges will start to support the KangaMoon coin. They predict that the market capitalization of KangaMoon is expected to hit $100 million, thus, being a great opportunity for investors who are willing to be a part of a long-term project.
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Tron soars to monthly peak of $0.14
Despite consolidating in a narrow range for a long time, the past month has been bullish for Tron (TRX). The altcoin soared to a monthly peak of $0.14 from a low of $0.115. Although it has suffered some losses in the past few weeks, it remains among the leading coins in the market now.
The price information from CoinMarketCap shows Tron is trading in the green region on the weekly and monthly timeframes. Tron price is trading above the 50-day and 200-day SMAs which is a positive indication. Analysts predict the price of Tron might soar to $0.139568 in the coming weeks.
Maker: Defi coin soars, $4000 next?
In the past week, there has been a general bullish trend on the defi market, and therefore the price of Maker (MKR) has risen. The coin climbed from a weekly low of $2,250.28 to a peak of $3,010.63 before facing some correction.
Despite the price correction, the Maker token is still bullish on the weekly and monthly timeframes, with profits of 31.5% and 26.8%, respectively. Mammontrading says the value of the cryptocurrency could soar to $4,074 in the coming weeks.
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Bonk YTD gains skyrockets
With a YTD gain of 7063.6%, Bonk (BONK) is among the top performers in the market now. Apart from the yearly gain, this memecoin is also bullish on the lower timeframes. Data from CoinMarketCap shows the value of Bonk has increased on the weekly and monthly charts.
TubbingsW is bullish about Bonk. They expect the Bonk price to skyrocket past $0.000030 soon. The prediction from Coincodex also says the price of Bonk could cross $0.000030 to $0.00003461 in the next few weeks.
Pepe price surpasses 50 and 200-day SMAs
One of the top memecoins in the crypto market, Pepe (PEPE) is showing gains on the price chart. Data from CoinMarketCap reveals the price of Pepe has increased by 33.0% and 1.3% on the weekly and monthly timeframes, respectively.
Due to the recent price increase, the price of Pepe coin is now located above the 50-day and 200-day SMAs which indicates that bulls are dominating. Coincodex is bullish about the memecoin and how far it can go in the next trading sessions. They forecast the price of Pepe coin could soar to $0.00001568 in the short term and $0.00004047 in the long run.
Summary of the high and low performers
KangaMoon is among the high performers in the crypto market. KANG, which was one of the strongest performers during the recent market sell-off, is predicted to rise between 10-20 times before Q4 of this year. This is backed by the fact that it is preparing to launch its ecosystem in the near future.
Also, analysts predict the market cap of KangaMoon will hit $100 million soon. Tron, Maker, Bonk and Pepe are trading in the green region now, a sign they have recovered from the latest market onslaught. Experts expect their prices to keep increasing in the next few weeks.
To learn more about Kangamoon, visit the website, join the Telegram community, or buy KANG on MEXC, BitMart, Uniswap.
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