Analysts Say The Monero (XMR) and Litecoin (LTC) Good Days Will Return, Kangamoon (KANG) Sets New High

February 20, 2024
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3 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

How is an upcoming meme coin, Kangamoon, snatching the headlines in the crypto world. Meanwhile well-known coins like The Monero and Litecoin are disappointing their investors? Read ahead to know how Kangamoon is set to change the P2E sector while giving high returns to its investors.

Monero falls 0.74% in a day

Using advanced cryptography, Monero (XMR) provides safe transactions, and anonymity to its users. Recently, Monero has given poor returns to its investors, making them doubtful about its future.

In the past 24 hours, Monero has fallen by 0.74%, and is currently trading for a price of $119.09. The same trend could be seen in the past week, where Monero slumped by over 0.13%. If we compare its current price to its all-time high, Monero has crashed by a major 76.92% from it's all-time high of $517.62.

Since Feb 2023, Monero has slumped by 25.05%. While this data paints a negative future for Monero, analysts say that its good days might return. They have predicted that Monero could reach a price of $220 by the year’s end. However, seeing its current performance, it might be best to conduct proper research before investing in Monero.

Litecoin slumps 2.74% this week

A big name in the crypto world, Litecoin, makes use of blockchain technology to provide fast, safe, and low-cost payments. Recently, Litecoin has been worrying its investors due to its unstable market performance. The token is currently trading for a price of $70.35, which is down 0.1% in the past 24 hours.

This past week, Litecoin has dropped by over 2.74%. In the past month, Litecoin has managed to give a meager growth of just 0.76. However, it is still not a worthwhile growth rate for its investors. At present, Litecoin is a massive 82.95% below its all-time high price, which was $412.96.

But, if we consider its performance in this past year, it has slumped by a major 30.25%. However, things could improve for Litecoin in the future as experts predict that the token can grow to a price of $98.1 by this year’s end.

Kangamoon: The gamechanger of the meme coin market

While Monero and Litecoin are giving a difficult time to their investors, Kangamoon, an upcoming meme coin, is giving huge returns to its investors even before its launch.

Kangamoon is a community-driven token that will integrate SocialFi with Play-2-Earn elements. Users will not only get a thriving community of meme enthusiasts but will also have a chance to earn attractive rewards by competing in exciting activities and challenges.

The platform will launch thrilling gameplay in its ecosystem. With customizable characters and unique abilities, users will be able to participate in the game and win lucrative rewards. 

Moreover, they will also be able to interact with other players globally and compete in tournaments with them. They can then trade and sell the earned rewards at the Kangamoon marketplace.

KANG token is currently in the second stage of presale and is selling for a price of just $0.0075. According to a Business Research Insights report, the global Play-to-Earn NFT Games Market is expected to expand at a booming CAGR of 21.3% during 2022-2028, and will reach $3,618.4 million by 2028.

It is the perfect time to invest in this booming sector, with KANG expected to grow by 220% by the completion of the presale.

Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!

Website: https://Kangamoon.com/

Join Our Telegram Community: https://t.me/Kangamoonofficial

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.

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