Meme Stocks GameStop (GME) Prices Go Parabolic, Is KangaMoon (KANG) The Next To Pump?
The world of investment is experiencing a resurgence of meme stock mania, with GameStop (GME) and AMC Entertainment prices soaring within the short period. GameStop share spiked 74%, followed by an even more impressive 78% gain for AMC Entertainment. This translates to both stocks rising to nearly double their original value within the span of just a few days.
This unexpected frenzy left traders stunned and rekindled discussions surrounding the potential ripple effect that they could have on the meme coin sector, especially as a GME crypto, not connected to the company, surged following its launch on the Solana blockchain. Alongside this, KangaMoon (KANG) has risen 400% and analysts are now projecting a 5,000% price uptrend following its launch and major exchange listing. To see why KANG is one of the top meme coins to get, we will go over its on-chart performance.
GameStop Crypto Goes Parabolic Alongside the Stock
GameStop (GME) and AMC stocks went into the spotlight following a social media post from Keith Gill, the internet personality known as “Roaring Kitty”. This resulted in a major frenzy among retail investors, as Gill’s return to X (Twitter) following a three-year hiatus has sent the GME share price soaring and has ignited a similar price trend to the 2021 meme stock craze.
The unofficial GameStop memecoin, known as GME was launched on Solana in January, and spiked to an all-time high point of value at $0.02167 on May 15, 2024. This cryptocurrency is separate from the stock, and within just the span of two weeks, is up 4,374.6%. The GameStop price could soon see a further surge, as more hype surrounds the future potential of the project. According to the GameStop price prediction, talking about the unofficial token that has no known affiliation with the retailer, it can end 2024 at $0.05.
KangaMoon Emerges as One of the Best New Meme Coins
KangaMoon (KANG) has surged a staggering 400% and features a community of 20,000 users, fueled by its real token utility and connection to the Play-to-Earn (P2E) sector. KangaMoon has stood out as it transcends the limitations of meme coins by offering real utility.
In its P2E world, players take control of a character, and can engage in thrilling battles and tournaments, all while earning valuable KANG tokens and even NFTs as rewards for their victories. This engaging gameplay loop also fosters a sustainable demand for KANG, as it’s used as the in-game token.
🌟 Upcoming New Listing 🌟
🤩 #BitMart will list #KANG @Kangamoon_P2E soon!
Keep an eye on our socials for further announcements.
Share in the comments what you like about this project👇 pic.twitter.com/YvT39QoKba
— BitMart (@BitMartExchange) May 15, 2024
Moreover, KangaMoon’s team understands the power of the community, and their innovative Social-Fi model incentivizes social media engagement through rewarding the most active users with free KANG tokens. This in-turn fosters a thriving online presence which organically fuels the growth of the project.
The price has already skyrocketed from $0.005 to $0.025 during the presale, and analysts are predicting a staggering 5,000% increase after launch and exchange listings. For those aiming to get high ROI from this project, the team has launched a limited-time Bonus Round in which now traders have the chance to grab at a discount before the price truly takes off, making it one of the best new meme coins to get.
Making the Leap Into MemeCoins With KangaMoon
While the GameStop stock has risen, and the unofficial Solana-based GME token has seen a major surge, the project lacks any real utility and long-term ambitions and as a result could be a short-lived trend only. On the other hand, with its innovative P2E features, dedicated NFT marketplace, and community-driven Social-Fi model, KangaMoon is poised for long-term dominance in the industry, and this makes it one of the top meme coins to get.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
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