Altcoins
KangaMoon Erupts: Two Altcoin Whales Run Before Exploding
Cryptocurrency market events in recent weeks show a huge growing interest in cryptocurrency. The recent Ethereum ETF approval has sparked increased interest among traditional and institutional investors, leading to massive rallies for Ethereum-based projects. KangaMoon (KANG) is one of the altcoins that reached a new milestone even during the presale. Meanwhile, whales are accumulating Chainlink (LINK) and Gala (GALA) in anticipation of a rally. According to the opinion of top analysts, these are among the best altcoins to invest in to get huge returns in the third quarter.
KangaMoon presale hits $7.6 million as CEX listing nears
KangaMoon The ongoing presale reached a record 10,000 token holders, leading the team to raise over $7.6 million in presales. Additionally, the number of community members has grown to more than 33,000 as the project sees greater adoption. Numerous crypto analysts have added KANG to their list of altcoins to watch out for in the third quarter. Therefore, before the listing, the price of KANG increases by 500%.
Notably, the popular CEX exchange, BitMart, has announced that it will soon list KANG. Other exchanges, such as Uniswap, are likely to list KANG in the coming weeks. Therefore, now may be the best opportunity to buy the altcoin. Currently, KangaMoon is in the bonus phase, with the token selling for just $0.025. Those who purchased KANG early in Phase 1 achieved returns of 400%.
The two popular cryptocurrency price tracking websites, CoinMarketCap and CoinGecko, have listed KANG, making it easier to study market trends. One unique thing about the KangaMoon project is its focus on community. According to tokenomics, 25% of the total supply, equal to 250 million tokens, is earmarked for gaming rewards. As such, the platform gives back to the community through various social media campaigns.
Meanwhile, KangaMoon is a revolutionary meme platform aiming to combine GameFi and SocialFi structures to build a vibrant community for meme enthusiasts. On KangaMoon, users can engage in various gaming adventures and win prizes and rewards. The ecosystem’s growing momentum is driving its adoption, with KANG’s top price predictions indicating that it will reach $1 in 2024, making it one of the best altcoins to invest in 2024.
Chainlink Integrates with Circle as Market Activity Explodes
Chainlink has seen several partnerships and adoptions in the past week that could trigger mass demonstrations. A few days ago, Chainlink integrated with Circlethe issuer of the popular USDC and EURC stablecoins, to bridge the gap between traditional finance and the DeFi sector by offering developers the tools needed to build robust financial applications.
This was also happening as the Celo network integrated the Chainlinks Cross Chain interoperability protocol, strengthening its position as Ethereum’s primary layer 2 blockchain. These are likely to spur massive rallies. Data from CoinMarketCap shows that the price of Chainlink has increased by 32% in the last month and 5% in the last week. As Chainlink’s trading volume increases, a rally is imminent, making it one of the altcoins to watch in the third quarter.
Gala Price Prediction: Analysts suggest that Gala will reach $0.1
After the latest hacking incident, Gala is recovering. For context, the Gala’s price has increased 10% in the last month and 6% in the last week. Furthermore, Gala’s trading volume and market capitalization are witnessing massive rallies to demonstrate investor confidence in the project.
According to data from CoinMarketCap, Gala price has established support above $0.045, with a high possibility of retesting $0.080 touched in March. Although Gala market sentiment is bearish, analysts are optimistic that the price will reach $0.1 soon. The world of rankings, a leading cryptocurrency analyst, expects a solid bullish wave that will likely take Gala’s price to $0.10 in the next few days. As such, Gala is one of the best altcoins to buy for future gains.
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