Altcoins
KangaMoon and these major altcoins are making waves
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With several crypto updates here and there, the altcoin market remains as active as ever. Recently, Cardano announced its partnership with Crypto Carbon Ratings Institute to increase the sustainability of its network. This has sparked investment interest in the Cardano token (ADA) and Ordi token (ORDI), which has seen a surge of over 400% year-to-date. On the other hand, smart investors are diversifying with this new P2E meme coin called KangaMoon (KANG), for its potential to rank among the top meme coins this year. Ultimately, these three tokens are signaling as the top three altcoins with a significant bullish signal for 2024.
Cardano Network Meets MiCA Regulation Early by Upgrading Its Network
The Cardano network has recently taken steps to become the best cryptocurrency investment for eco-conscious investors. By partnering with the Crypto Carbon Ratings Institute (CCRI) and introducing sustainability metrics aligned with upcoming European Union regulations, Cardano aims to address environmental concerns and meet regulatory requirements. These proactive measures are expected to improve transparency and energy efficiency across its network, positioning the Cardano (ADA) token as a leading cryptocurrency in 2024.
KangaMoon could see a meteoric push amidst any overall uptrend
THE KangaMoon token is undoubtedly one of the best new meme coins to watch for this year’s huge profits. The reason for this lies in its super profitable P2E gaming network, “Kangaverse”. In this meme-backed gaming ecosystem, users use the KangaMoon avatar to engage in boxing matches against other users. Additionally, KangaMoon also allows users to bet on the outcomes of battles and participate in quests and challenges for additional rewards.
In addition to its benefits and potential to maintain a rapid adoption rate, the KangaMoon platform hosts a staking dApp currently in use, introducing this feature as an additional method for holders to increase their earnings. Within this initiative, players will have the opportunity to add staking to various other activities, including challenges and competitions that offer cash prizes, NFT coins, and KANG tokens to winners.
After securing a spot in the list of top 10 most traded cryptocurrencies on Monetary GemKangaMoon’s capabilities to rank among the top meme coins this year have been further amplified. Furthermore, the KangaMoon project aims to tap into the projected $88.6 billion Play-to-Earn gaming market by 2028. And it has started by managing to secure four listings on CoinMarketCap, CoinGecko, Uniswap, and BitMart.
Meanwhile, with a market cap that has already surpassed $100 million at the time of listing, industry experts predict that KangaMoon will reach a value of $1 billion by the end of the year, ranking it among the best altcoins to buy. In fact, participants who joined early enough have now locked in over 1500% ROI, considering how quickly the native KANG token went from an initial price of $0.005 to a current market price of $0.082
ORDI Token Maintains Positive Year-To-Date, Preparing for Q3 Earnings
Ranking among the top 100 cryptocurrencies by market cap, Ordi Coin (ORDI) has made its way as a peculiar token among the major altcoins. Reaching an all-time high above $95 four months ago was a significant milestone that pushed the Ordi coin to rank among the best altcoins to buy this year. Now, the Ordi token is consolidating as the price and market have fallen to lower levels. However, Ordi’s streak of ups and downs and its ability to maintain a gain of over 400% year-to-date places it among the potential big gainers this year.
Will KangaMoon be able to reach the pinnacle of fame on GameFi and position itself on par with other major altcoins like ADA and ORDI?
For a meme coin like this, the odds are very high. KangaMoon’s integration of GameFi and SocialFi features provides enough infrastructure to attract massive interest from different sectors in the cryptocurrency market. While this unique blend can propel it to unprecedented highs, it can potentially rank the project alongside other top altcoins like Cardano and Ordi tokens.
Discover the exciting opportunities of KangaMoon (KANG) now!
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