Ordi (ORDI) Battles The Bears, Immutable (IMX) Looks Promising, KangaMoon (KANG) Set To Dethrone Dogecoin and Pepe

February 28, 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

The aftermath of the Bitcoin ETF that was approved in January led to the return of the bear market as many cryptocurrencies suffered immense dips. Although tokens such as Ordi (ORDI) are still battling the bear trends, some other coins like Immutable (IMX) are starting to regain control, indicating that the market is regaining momentum. 

With the meme coin market also recovering, KangaMoon (KANG) has made it to the top of the queue as investors begin to take notice. Based on its strong utility, analysts have picked KANG among the top meme coins worth investing in the year. More details below. 

KangaMoon (KANG) to Dethrone Dogecoin and Pepe 

Whilst Ordi is still battling with the bear pressure and Immutable is starting to regain control, one of the popular meme coins that has taken control in the crypto market is KangaMoon. With investors searching for unique projects that solve particular problems, KangaMoon has made a strong appeal with its community-driven participation.

The established meme coins such as Dogecoin and Pepe live on hype. Hence, they do not represent tokens with strong utilities to make a lasting impression on investors. On the other hand, KangaMoon comes as a platform where a community of meme lovers can come together to test and showcase their gaming skills and earn rewards in return. Also, players will be able to create and develop their unique characters, enabling them to compete against their peers.

Even if you are not playing, you can earn by betting on the outcome of players' duels. The project has raised over $300,000 in the ongoing presale. At the current stage 2 of the presale, the platform's native token KANG, an ERC20 token, is sold for $0.0075. Those who joined the first stage of presale have gotten 50% ROI, with more to come as the presale continues. By participating in community engagement, holders of $KANG can start to earn while the token is still at the presale.

Another way of earning from KangaMoon is the referral system, where users invite people and ensure they purchase the MGLS token, then earn extra incentives through that. With the Bitcoin halving scheduled to happen in April, this is the best time to invest in one of the top meme coins like KangaMoon. By investing now, investors stand a chance of earning a 35x return before the end of the year. 

Immutable (IMX) Regains Bullish Control With 71% Increase in 90 Days

The Immutable (IMX) token has gained a reputation as top crypto in recent months after surging by 74% in the past 90 days. The latest 71% increase for Immutable coin on the 30-day trading chart makes it a potential pick by analysts for a massive upswing ahead of the Bitcoin halving.

Immutable has gone from a low price level of $1.887 to a high price level of $3.615 within the past month. However, the bears appear to resurface on the weekly chart, which led to a slight decline of 3%.  Meanwhile, the token is still finding support above the $3 mark. So, with a continuous bullish momentum, the Immutable price may go beyond $5 after the Bitcoin halving.

Ordi (ORDI) Loses Momentum After Rejection at $75 Mark

Ordi (ORDI) is beginning to lose substantial momentum after its attempt at the $75 mark was rejected. Ordi coin started the new year with bullish signals, going up by 128% on the 90-day price chart. However, the audacious attempt at the $75 price point proved unsuccessful as the token fell significantly thereafter.

Over the past week, the Ordi price has declined by 9% with the token price dropping below $65. Despite this bearish price trajectory the token is facing, analysts are upbeat that the token will soon bounce back. As such, many analysts believe the Ordi price may reach the $100 mark before the end of Q2 of 2024. 

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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