Altcoins
Crypto whales are quietly accumulating these crypto-altcoins this week
The new entrant into the market, KangaMoon (KANG), along with major cryptocurrencies such as Injective (INJ) and SingularityNET (AGIX) have attracted the attention of cryptocurrency investors for various reasons. In particular, there has been a growing demand for AI and Big Data crypto coins such as INJ and AGIX tokens among crypto whales looking for a new direction for diversification. Likewise, KangaMoon is set to disrupt the meme coin market with its innovative fusion of GameFi and SocialFi into one utility token, thus making it an attractive choice for savvy cryptocurrency investors.
KangaMoon (KANG) is rapidly rising among the top meme coins to watch in 2024
With an impressive growth trajectory so far in the presale market, KangaMoon (KANG) can be compared to a bull period. The token was initially launched at a price of $0.005 and has since grown by 400%, to a new price of $0.025 in the bonus pre-sale phase. If the token grows to $0.5 or $1 by the end of this year, as expected by industry experts, KangaMoon will definitely enter the list of top meme coins with high adoption.
Although the meme coin has garnered an impressive number of users, including over 32,000 registered members and more than 6,000 KANG holders, KangaMoon is still planning to grow further in the blockchain gaming market. Aiming to expand its network, KangaMoon recently partnered with RaidSharks to promote crypto network adoption and offer a monthly prize pool of $1,000 for users.
While the above incentive is bound to elicit another substantial increase in users, the platform originally has a foolproof way to hold and maintain user attention. KangaMoon’s unique gaming ecosystem, the “Kangaverse”, allows users to participate in battle-themed contests and tournaments to earn KANG Tokens. Furthermore, non-gamblers can bet on the results of these competitions.
Going forward, more growth is expected from KangaMoon when it is soon listed on BitMart and other top-tier exchanges. With the potential to rank high in the meme coin market, KangaMoon could disrupt the P2E gaming market, which is expected to surpass $8896.95 by 2028. Buy $KANG and join the rest of its community in sharing and commenting on its social media post for more $KANG tokens.
The SingularityNET token maintains a positive trend in a volatile market
SingularityNet (AGIX) has proven to be a worthy contender among the best cryptocurrencies of 2024. Haven has seen an increase of around 260% in the price chart year-to-date, AGIX price has further maintained an upward trajectory over the past month, registering a notable rise of 12% to trade around $0.95, from $0.85.
However, there has been concern about the token breaking out of resistance around the $1 price. Notably, AGIX tokens have traded above the $1 price twice in the last month, but in two occasions they failed to keep up. While this already appears to be a pattern for the SingularityNET token, market analysts predict a major breakthrough beyond this resistance zone as the AI market witnesses increased adoption.
The injection price shows signs of recovery along with the growth of network activities
There has been an increase in activity on the Injective network which is also believed to have a positive effect on the price of INJ, especially in anticipation of an upcoming bull run. For example, Injective recently announced some of the progress made with the .INJ omnichain domain that allows users to transact seamlessly on the Solana and Injective network. Part of this progress includes over 13,000 unique holders and millions of on-chain transactions.
This growing interest in the Injective network explains the sudden interest from crypto whales and why the INJ token has entered the list of best cryptocurrencies to invest in now. Meanwhile, the native INJ token rose nearly 3% from its lowest point in the week at $21, to trade above $23. Although this price increase was not reflected as a positive gain on the INJ price chart, it does suggest a potential recovery in the coming days.
Like INJ and AGIX tokens, can KangaMoon stand out in the cryptocurrency market?
KangaMoon stands out in the meme coin market in particular with its combination of SocialFi elements and GameFi’s P2E mechanism in a utility token. As its pre-sale phase comes to an end, the KangaMoon platform is poised for a disruptive launch that will offer meme coin users a new monetization opportunity.
Discover exciting KangaMoon (KANG) presale opportunities today!
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