The rise of Bitcoin’s halving probably could not have been taken into account. Find out why Pepe and KangaMoon are ready to take down the Shiba Inu.
The Bitcoin halving hype may be behind us now, but cryptocurrency trader Rekt Captial has… He said The effects of the events have not yet been priced in. According to Rekt Capital, BTC is on a parabolic path 150 days after halving events.
Meanwhile, top analysts have identified the best cryptocurrencies to buy as we look ahead to another bull market. Hasaka said the flamboyant Pepe would outperform the Shiba Inu. Also, KangaMoon is expected to lead the 2024 bull market in gains.
Bitcoin (BTC) Halving Still to Be Priced – Rekt Capital
Five weeks after the Bitcoin halving event, famous cryptocurrency analyst Rekt Capital subscriber Background Information. According to Rekt Capital, historical data suggests that the Bitcoin price consolidates for 150 days after each halving. This means that even though BTC has set a new ATH, the effects of the halving have yet to be priced in.
He further explained that the breakthrough phase occurs after this merger and usually lasts for several months. Since Bitcoin is currently in the reaccumulation phase, a price breakout is just around the corner. Although it still rates Bitcoin as the best cryptocurrency to buy, Rekt Capital does not see Bitcoin surpassing $400,000 in this bull cycle.
Pepe (PEPE) will outperform the Shiba Inu in this bull market
In 2024, Pepe (PEPE) was the standout performer among meme currencies. The price of Pepe coin has risen more than 1,000%, hitting all-time highs in 2024. The analyst, who goes by the pseudonym Hasaka, said And he expected The Red Hot Frog-themed memecoin will continue to rise in market value on its way to dethroning rival Shiba Inu.
Based on Hsaka’s forecast, Pepe’s market cap could rise from around $7 to over $15 billion to topple the Shiba Inu. However, he is not the only analyst who sees Pepe as the best cryptocurrency to buy. Kaleo crypto also has it He said Pepe has a lot of upside potential in this bull market.
KangaMoon (KANG) Will Overtake the Meme Coin Market in 2024
Although Pepe has been the star of the coin market over the past few months, analysts have chosen KangaMoon (Kang) To lead the bull run for 2024. KANG, which has already risen 400% in 2024, is expected to rise from $0.025 to hit an annual high between $1 and $2. Analysts are bullish on KangaMoon because of the fresh feel it brings to the coin space.
Unlike Pepe, which relies on hype as its primary fuel, KangaMoon is building an ecosystem full of utility. The KangaMoon ecosystem features play-to-win games where players assemble hero avatars to compete against others. There are many contests and events, all of which create an opportunity for players to win KANG tokens.
KangaMoon has also used an organic protocol called Social-Fi to increase activity in its ecosystem. Social-Fi is designed to reward KangaMoon users based on their contribution, activity and participation in the project across social media platforms. The most active users will receive the largest rewards in KANG tokens.
As a project doing something new in the meme space, KangaMoon has attracted a lot of attention, raising over $7.2 million in pre-sale. Its native token KANG is also listed on CoinGecko and CoinMarketCap. Ahead of its anticipated launch, leading exchange, BitMart, announced its support for KANG, adding more excitement to the project.
In conclusion
Based on historical trends, Bitcoin could continue to surge significantly over the next few months, signaling new ATHs for the rest of the cryptocurrency market. Also, while Pepe and KANG are the best meme coins to buy, the ecosystem that KangaMoon is building makes it a better choice along with its potential higher target for this bull market.
Discover exciting pre-sale opportunities for KangaMoon (KANG) today!
website: https://Kangamoon.com/
Join our Telegram community: https://t.me/Kangamoonofficial
Disclaimer: This is a paid press release. BSC.News does not endorse and is not responsible for any content, accuracy, quality, advertising, products or other materials on this page. This sponsored post was purchased by the project team for $360. Readers should conduct their own research before taking any actions regarding the company. BSC.News is not responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned in the press release.