ETF Approval Speculation Grows, These ERC20 Memecoins Could Go Parabolic Monumentally, the likelihood of Ethereum ETFs being approved is inc...
Release: 2024/05/27 15:05 Reading: 606
ETF Approval Speculation Grows, These ERC20 Memecoins Could Go Parabolic Monumentally
The likelihood of Ethereum ETFs being approved is increasing as time goes on. In fact, Bloomberg analysts have speculated that the approval of the ETFs is now estimated to be nearly 80%. In anticipation of this trend, more focus is being driven to ERC 20 meme coins as they have a huge potential of seeing magnificent gains amid Ethereum’s possibility.
Among the several Ethereum tokens in the meme coin market, KangaMoon (KANG), Pepe coin, and Floki token rank among the most likely ones to go parabolic if ETH ETFs get approved.
Kamgamoon (KANG) Can Potentially Be The Best ERC Meme Crypto to Buy
Considering the numerous use cases affiliated with KangaMoon (KANG) platform, it’s not absurd to deem the token the next best meme coin on Ethereum network. While Pepe and Floki have made their mark, especially Floki, KangaMoon brings even more utility and immersive P2E experience that can potentially allow its native token $KANG ranks among the most sought-after meme coin this year.
Fundamentally, KangaMoon emerges as a unique SocialFi and gamified play-to-earn token capable of delivering unprecedented daily gains. In KangaMoon’s ecosystem (Kangaverse), users can engage in battle contests to win KANG tokens anytime any day. While you can also bet on battle outcomes for token prizes, you can also win NFTs while at it.
Transforming the mediocrity associated with meme coins, KangaMoon joins Floki in immersing users in a platform where KANG tokens can be used strategically for gains, like upgrading characters or investing in NFTs or in-game assets to sell in the marketplace later.
This KANG has given users over 400% ROI in its presale after increasing from $0.005 to $0.025. This has incited many supporters from the GameFi market.
So far in its presale journey, KangaMoon has garnered over 32,000 community members and nearly 10,000 token holders, while raising almost $7M in presale revenue. This smooth progress has led analysts to speculate an 8000% spike when it lists on more exchanges platforms including BitMart and Uniswap.
After already securing a listing on CoinMarketCap and CoinGecko, KangaMoon holds potential to rank among top meme coins.
Pepe Price Ride on Positive Momentum That May Hold Throughout the Year
Pepe (PEPE) coin is also a great contender when it comes to considering the best meme coins to watch for monumental gains. Pepe has always been tagged with a large and loyal community base; a perk that has kept it increasingly relevant in the meme coin market.
With over $5.8 billion in market capitalization, Pepe coin has kept itself as the 3rd most valued meme coin, having only Dogwifhat and Shiba Inu to battle with.
A week has passed since Pepe made its last inciting price shift. This time last week, Pepe maintained a rise that has accumulated over nearly 40% gain for the token. The investor market is closely watching this meme coin currently due to its record of ranking on lists of best performance meme coins.
Floki’s (FLOKI) Is a Pioneering Force With Highly Bullish Potential
Floki (FLOKI) already left a mark in the meme coin market that will eventually give birth to the next revolution of meme coins. Before Floki launched, meme coins were particularly known more as community tokens since they had less utility and only catered to social engagement.
However, Floki token allowed meme coin transverse to Web3 and the Metaverse, inspiring the new utility meme coin trends. Specifically, Floki owns a metaverse gameplay platform known as Valhalla. Here, Floki token takes control as users can use $FLOKI to further enhance their gaming experience while uncovering prizes and rewards.
In addition, with Floki, users can explore the NFT marketplace, a DEX, a staking pool, and other utilities that cater to its community. This positions the token for prolonged relevance in the altcoin market.
Is KangaMoon Going To Match FLOKI’s Engagement Rate?
KangaMoon’s success rate can potentially surpass Floki’s, both in engagement and token value. This might be influenced by KangaMoon launching in the year of BTC halving and also due to its unique Kangaverse platform which attracts a large community with SocialFi incentives.
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