In the wake of Bitcoin halving that is being anticipated in the crypto market, many cryptocurrencies have begun to see a bullish turnaround. Tezos (XTZ) and ApeCoin (APE) have both seen substantial price growth in recent times amidst the market-changing dynamics. Meanwhile, KangaMoon (KANG) is now on stage 2 of presale as more investors troop in. The platform's success rate in the ongoing presale could make it one of the new meme tokens worth investing in ahead of Bitcoin halving. More details below.
KangaMoon (KANG) Records Huge Success in Stage 1 As Project Enters Stage 2 of Presale
While Tezos and ApeCoin are experiencing a bullish turnaround, the KangaMoon ongoing presale is recording massive success beyond the expectations of analysts. The project has warned its way into the heart of meme lovers with its unrivaled innovation of combining play to earn gaming and meme coin features.
By this, they can engage in fun activities, participate in boxing tournaments and competitions, and earn rewards and prizes if they win. Aside from that, players can create characters that are unique to them, sell their NFT assets, and transact their digital collectibles on the KangaMoon marketplace. With these fun features, KangaMoon has resonated with meme enthusiasts and many of them are trooping into the presale.
KangaMoon it's on path to raise $100,000 in stage 2 alone. The ERC20 token KANG, which is the platform's native token, is sold for just $0.0075. Investors will get a 10% deposit bonus when they purchase the token now. Another exciting way for investors to earn is through the referral program. Users can invite their friends and ensure that they purchase the KANG token. By purchasing the tokens, they earn a certain percentage reward from KangaMoon. Holders of KANG can also get more tokens by participating in the KangaMoon community events.
Also, players can earn free tokens by competing and winning the different rounds of KangaMoon fun-loaded activities. Through this arrangement, players can turn their passion into money-making ventures. As one of the new meme tokens with real utility, analysts project a 350% increase when the token is listed on Tier 1 exchanges.
Can Tezos (XTZ) Surge to $1.2 Before the Bitcoin Halving?
Tezos (XTZ) ended the year 2023 on a neutral level, with the bulls unable to overcome the bears. However, the start of 2024 has seen Tezos become one of the top cryptos, as the token witnessed a 19% price rally in the past month. In that timeframe, the token's price moved from $0.91 to $1.13.
Although the Tezos coin was unable to mount a challenge at the $1.14 resistance zone, the token has, however, stabilized at the support level of $1.08. In the weekly chart, Tezos saw a slight increase of 3% as the bulls aimed at retesting the resistance trendline. If the bulls manage to break out of the zone, the Tezos price might hit $1.20 before the Bitcoin halving.
ApeCoin (APE) Price Forecasts
ApeCoin (APE) experienced a torrid time with the bear pressure in Q4 of 2023, plummeting by 28% in the 90-day trading chart. However, ApeCoin has seen a favorable 2024, with the token price reaching $1.88 on 20th February which is its highest price record in 6 months. For context, the ApeCoin price has increased by 33% on the 30-day price chart and 4% on the weekly chart.
However, the significant decline in the ApeCoin market cap and the trading volume in the past week is an indication that the token could witness a price retracement soon. Unless the buyers launch massive purchases of ApeCoin, the token may find it hard to surge past $2 in the coming weeks.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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