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Cryptocurrency News Articles
KangaMoon (KANG) – The New Memecoin Set to Take Over in 2024
May 23, 2024 at 10:18 pm
As Render and Near Protocol are spearheading the AI tokens charge, KangaMoon could be the next token to boom, having earned the status as one of the best new memecoins to invest in 2024.
While Render (RNDR) and Near Protocol (NEAR) have garnered attention as AI tokens, KangaMoon (KANG) emerges as a promising memecoin poised to captivate investors. Despite the buzz surrounding Render and Near, KangaMoon's unique attributes and impressive performance may propel it to outshine both.
As a new utility-based meme coin, KangaMoon aims to address the lack of utility often associated with memecoins. To achieve this, it seamlessly integrates both SocialFi and GameFi elements, offering users a unique and engaging experience.
Participants can actively engage in various gameplays and social tasks on the platform to earn丰厚 rewards. A total of 250 million tokens are allocated for distribution as in-game rewards, providing ample opportunities for users to generate earnings.
Moreover, KangaMoon boasts a comprehensive ecosystem that serves as a central hub for both memecoin enthusiasts and investors. With its innovative features and strong community support, the platform has attracted a vast following.
Currently, the KangaMoon community spans nearly 30,000 members, with holders of its native token approaching 10,000. Furthermore, the platform has remarkably generated over $6.8 million in presale.
As one of the few memecoins to achieve this milestone, KangaMoon has sparked significant interest among investors.
Daily, investors closely monitor the trajectory of KangaMoon, captivated by its rapidly increasing ROI, which now boasts a 400% surge.
The platform has hinted at potential listings on various centralized exchanges, with BitMart being the first to officially announce its plans to list KANG.
Currently, KANG is available at an attractive price of $0.025. As we venture further into the bull run, market forecasters anticipate that KangaMoon could experience an exceptional ROI of up to 1000%.
Meanwhile, Render token encounters resistance at $11.3
Among the AI tokens that have begun to surge in recent times is Render (RNDR). Last month alone, Render token price witnessed a notable 24% increase, as investors expressed renewed optimism.
This trend is also evident in the Render market cap, which is now poised to cross $4 billion. However, the next resistance level, which stands at $11.3, presents a crucial battleground for Render.
According to analysts, a market correction may occur in the coming days, potentially slowing the ascent of the Render price. Following this brief pause, the token is expected to gather momentum once again and eventually breach the resistance.
Near Protocol price poised to cross $10 threshold
As AI tokens continue to gain steam, Near Protocol (NEAR) has embarked on a remarkable growth trajectory. Over the past 30 days, NEAR coin price ascended by more than 50%, as the token also generated over $1 billion in trading volume, based on market data.
In a related development, the Near Protocol market cap is set to expand beyond $9 billion, further indicating the dominance of the bulls.
Moreover, Near Protocol stopgap at the $0.65 demand zone serves as an additional testament to the prevalence of the bulls.
With the token now stabilizing at the support zone of $8.5, the coming weeks are likely to witness the Near Protocol price cross the $10 threshold.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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