Altcoins
Here are the best Altcoins to hold
In a recent interview with a media network, Kim Grauer, Director of Research at Chainalysis, provided in-depth insight into the current market trajectory. In Kim’s words, “unlike previous ad bubbles, the current growth trajectory appears more sustainable.” According to Kim, this sustainability comes from the growing adoption of stablecoins, which have emerged as vital tools for mitigating volatility and facilitating real-world transactions within the crypto ecosystem. However, beyond stablecoins, some major altcoins have also shown unique potential to promote a sustainable crypto economy. They include Chainlink (LINK), Near Protocol (NEAR), and new entrant to the market, KangaMoon (KANG).
KangaMoon’s growing adoption confirms the uniqueness of its Meme Coin project
KangaMoon (KANG) has set a new standard in the meme coin market by introducing a utility-rich meme coin that finds purpose at the intersection of SocialFi and GameFi. For context, KangaMoon’s immersive ecosystem dubbed the “Kangaverse” incorporates a GameFi Play-yo-Earn model that allows players to engage in battle-themed contests and other exciting activities such as speculative betting and be rewarded while doing so.
In addition to the exciting gaming experience, KangaMoon also adopts a socialFi strategy that incentivizes participants for their social interaction both on-chain and off-chain. Meanwhile, these incentives, which typically come in the form of KANG tokens and other valuable in-game items, can be traded on a dedicated exchange for real value.
Given its promising outlook, KangaMoon has attracted huge interest from different sectors of the cryptocurrency market, some of which have contributed to its pre-sale milestones. First, the meme coin project is rapidly approaching the $7 million funding milestone, having raised over $6.6 million so far. Furthermore, in the ongoing fifth phase presale, the price of the native KANG token increased from an initial price of $0.005 to $0.025, reflecting an ROI of up to 400% for early buyers.
Additionally, KangaMoon now boasts a rapidly growing community of over 23,000 registered members. However, in an effort to grow faster, KangaMoon recently partnered with RaidShark. Apart from amplifying adoption, the latest partnership will also help KangaMoon penetrate the social media space. Furthermore, with plans to list on top-tier exchanges soon, experts expect the KANG token to gain prominence in no time.
Near Protocol (NEAR) Increasing integration is a recipe for sustainability
Near Protocol (NEAR) has seen an increasing number of integrations lately and the latest of which is Prom.io. This strategic collaboration allows Prom to leverage Near Protocol’s data availability solution which promises, among other things, scalable and cost-effective data sharding.
The beauty of this partnership lies in its simplicity and perfect integration. Like Prom, there have been a growing number of projects relying on the Near protocol’s DA solution, thus driving demand for the native NEAR token. With the growing demand for data availability solutions, analysts are optimistic about the sustainability of the NEAR token, placing it among the best cryptocurrencies to buy now.
Chainlink (LINK) Continues to thrive through partnership and integration
Like the Near protocol, Chainlink (LINK) has entered into even more partnerships as of late. A few days into the month of May, the decentralized blockchain oracle network announced its integration on platforms such as Abyss World HQ, Index Coop, RD technologies, Truflation and many others. In particular, the Chainlink network plays a crucial role in the world of cryptocurrencies by facilitating the transfer of tamper-proof data from off-chain sources to on-chain smart contracts.
Meanwhile, the native LINK tokens they are used to pay node operators for fetching data for smart contracts and also for deposits made by node operators as required by contract creators. Given its crucial role in the crypto ecosystem, the LINK native token is poised to maintain a solid position among the best crypto coins to buy now.
Can KangaMoon dominate the cryptocurrency market alongside NEAR and LINK tokens?
KangaMoon, like Chainlink and Near Protocol, is a pioneering crypto project. Not only does it boast profit potential, but its innovative blend of SocialFi and GameFi has the potential to disrupt the meme coin market.
Discover exciting KangaMoon (KANG) presale opportunities today!
Website: https://Kangamoon.com/
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