More crypto voters are paying attention to the upcoming US elections, and crypto fans are still hopeful that the results will be good for the market. Ripple, Shiba Inu, Pepe, Polygon, and the new and hopeful meme coin KangaMoon are some of the best altcoins to buy now because they are expected to go through the roof after the elections.
KangaMoon Rules the Meme Coin World
KangaMoon (KANG) is becoming more popular as a joke coin right now. So far, advance sales have brought in more than $7.7 million, and it’s expected that they’ll reach $8 million in the next two weeks. Over 32,000 people have signed up to be a part of KangaMoon’s group.
Traders all over the world are excited about KangaMoon because it wants to take over the Play-to-Earn (P2E) gaming business. People will be able to play a pay-to-win game and win KANG by doing things in the game. It is important to have the KANG token because it lets you take part in challenges every week, month, or three months that give you extra rewards and things in the game.
Before it starts, KangaMoon is giving away free KANG tokens to the people in its group who are most active. Traders are lining up on KangaMoon’s social media pages to promote it and try to win this interesting joke coin. In the extra stage of its presale, KANG is now priced at $0.025—400% more than it was at the start of the presale.
As of late, tier-1 CEX BitMart said that KangaMoon will soon be listed on the exchange. Analysts are positive about this and how it will affect the market for P2E games. KangaMoon is already on CoinMarketCap and CoinGecko. Analysts think that KANG will reach $0.5 by the second quarter of 2024. This will make it one of the best joke coins to buy right now.
A Look at the Ripple Price Chart
In the past few years, Ripple (XRP) has had a hard time putting together a big rise. The price of Ripple has gone up by 1.73% in the last month, but it has gone down by 0.72% in the last week and is now stuck around $0.52. Investors are on edge because Ripple has to deal with legal problems and unstable markets.
In 2017, there was a bull run that was the start of a long phase of buildup for Ripple. A lot of people thought this phase would end with the 2021 bull market. But the 2020 SEC case against Ripple changed its price path, making it different from other cryptocurrencies that went up during that time.
Shiba Inu Market Value Rises
Thanks to the current run of meme coins going up in value, Shiba Inu has passed Cardano to become one of the top 10 cryptocurrencies by market size. In the past three days, Shiba Inu’s market value has grown by more than 15%. Valeriya, a cryptocurrency expert, says that Shiba Inu has a strong buy signal, which means that this move is far from over.
Shiba Inu gives tactical spot buy advice and a trend line breakout, which suggests that the token’s value may go up. It has gone up more than 17% in value in the last 30 days.
Pepe Price Goes Up
In the past 30 days, Pepe’s price has gone up by over 110%, and it is now worth $0.00001472. Pepe is one of the most famous meme coins on CoinMarketCap. This is because people are interested in Ethereum blockchain-based tokens now that spot ETH exchange-traded funds (ETFs) have been approved. Pepe’s open interest went up by almost $34 million in less than a week.
Crypto Rover, a trader and analyst, thinks that Pepe’s market cap will grow by up to 6X. Pepe’s market value is $6.18 billion right now. Pepe trades with a bullish bias after breaking out of a parallel range that was going up. It’s possible, though, that the joke coin will go down before it goes back up.
Analysis of the Polygon Price Chart
Polygon (MATIC) came into the cryptocurrency space with big hopes, offering a layer-2 fix for Ethereum’s problems with scale. Even with these goals, Polygon’s price has gone down since its high point. Polygon is selling at $0.72 as of May 29, 76% less than its all-time high of $2.92 in December 2021.
Given that the altcoin market as a whole has been going up lately, this drop is pretty big. Polygon just got the Napoli upgrade, which made it faster and easier to expand, but the price hasn’t changed yet in a good way. Bearish trends and big sell-offs of investors have happened in Polygon.
The Possible Rise of KANG
A lot of people want to invest in KangaMoon because it is one of the most potential meme coins. Since KangaMoon only has a $25 million market capitalization right now, it is cheaper to raise the price of the coin. Once KANG is listed on BitMart, analysts think its price will go above $1. This makes it one of the best joke coins to buy right now.
Website: https://kangamoon.com/
