Analyst Captain Faibik Remains Bullish on Shiba Inu; Pepe and KangaMoon Lead the Bullish Meme Coin Run

The post Analyst Captain Faibik Remains Bullish on Shiba Inu; Pepe and KangaMoon Lead the Bullish Meme Coin Run appeared first on Coinpedia Fintech News

Meme coins always try to outdo one another and become the next big thing. This time, crypto analyst Captain Faibik has supported Shiba Inu (SHIB). Meanwhile, Pepe (PEPE) and KangaMoon (KANG) continue thriving. While PEPE is a well-established meme coin, KANG is a Stage 5 presale star that could evolve into the next 50x token in 2024.

Captain Faibik With a Bullish Shiba Inu Price Prediction

Shiba Inu (SHIB) has recently been making waves in the meme coin space. Over the last 30 days, the Shiba Inu price increased from $0.000021 to $0.000026. Its market cap also rose from $12.94B to $15.57B in that time. According to crypto analyst Captain Faibik, this meme coin will soon experience a 2x bullish rally.

The technical analysis for the Shiba Inu crypto also shows bullish signs. For instance, 21 technical indicators are in the buy zone for this meme coin while it trades above its 50 and 100-day EMAs. As a result, experts in the crypto field predict Shiba Inu will hit $0.000048 within Q2 of 2024.

Pepe (PEPE): Trading in the Green

Meanwhile, Pepe (PEPE) is another meme coin that has been riding a bullish wave. According to CoinMarketCap data, the Pepe price surged from $0.0000051 to $0.0000071 – a 50% rise. Its market cap grew from $2.23B to $2.98B during that period.

From a technical analysis perspective, this bullish trend for the Pepe coin will continue. Notably, 19 technical indicators are now showing green for this meme coin. Due to all these reasons, prominent market analysts have made a bullish Pepe price prediction. They forecast a surge to $0.000011 for PEPE before Q2 of 2024 ends.

KangaMoon (KANG): One of the Best Meme Coins To Buy Now

KangaMoon (KANG) is a meme coin quickly becoming a major player. It boasts a community of over 20,000 members who have placed over $4M in the project. Specific projections also aim for $5M by April 2024.

While most meme coins offer no utility beyond trading for other assets, KANG is different. The Play-to-Earn (P2E) game it’s set to power uses KANG as its primary in-game currency, allowing players to buy in-game items. Holding KANG also gives you access to weekly, monthly or quarterly challenges in the game, which will lead to extra tokens.

KangaMoon is giving away free KANG tokens to its most active community members to build hype around the game’s launch and reward early supporters. As a result, countless individuals are now sharing, liking and commenting on KangaMoon’s social media posts.

Currently, this meme coin costs only $0.0196 – a 291% rise from its starting price of $0.005. With experts predicting that the P2E gaming market will be worth $885M by 2028, there’s plenty of room for growth if this project takes off, as many expect. Based on the association alone, some insiders think it could surge by 50x when it hits exchanges in Q2 of 2024.

Will KangaMoon Outshine Shiba Inu and Pepe?

KangaMoon is a potential usurper of Shiba Inu and Pepe. This meme coin’s market cap of $19.6M is much lower than the others, so sending its price soaring will take less money. Because of this, global traders are flooding the KANG presale. If interested, sign up using the links below and obtain a 10% bonus on every purchase.

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