Render VS Fetch.ai VS KangaMoon: Will the New Meme Coin Challenge the Rising AI Cryptos?

April 30, 2024
·
3 min read
AI

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

As the crypto market continues to expand, several factors seem to be converging to drive a massive surge in AI-focused cryptos within the coming months, according to Mystery of Crypto. This includes plans by OpenAI CEO Sam Altman to raise an unprecedented $7 trillion to change the semiconductor industry for AI applications.

Among the AI cryptos set to undergo a massive surge are Render (RNDR) and Fetch.ai (FET). These AI cryptos seem to have come to the fore to challenge the dominance of old, established blockchains. However, as the AI crypto tokens are set to enjoy a significant surge, KangaMoon (KANG), an upcoming meme coin, is also setting new milestones, having raised over $5.9M in presale.

FemtoXBT and RENDER_DADDY Remains Bullish on Render (RNDR) Despite Potential Dip

Technical analysis suggests that the price of Render (RNDR) might be on the verge of a significant dip. However, judging by the recent rise in AI cryptos, FemtoXBT remains bullish, declaring Render coin the best AI token. Since the start of March, Render coin has been trading along a dipping channel pattern, with the Render price having dropped from around $13.70 to its current level of $8.40, according to CoinMarketCap.

For the Render coin to undergo a bullish reversal, it has to break out of this descending channel, something that might spur a surge of over 50% towards the $13 mark. However, if the RNDR price fails to regain an upward trajectory, there is a high chance for an 18% decline. Moreover, RENDER_DADDY remains hopeful with a positive price prediction for Render, highlighting the need for buying into the dip now.

Fetch.ai (FET) Price Dynamics Fueling a Positive Trajectory

Fetch.ai (FET) is currently experiencing a significant price dynamic, which suggests a positive trend. Being one of the best crypto to invest in, Fetch.ai coin which normally moves in correlation with Bitcoin, has been seeing major activities within its whales who seem to be accumulating more assets. This interest concedes with the broader upward trend that has been witnessed within the crypto market past the Bitcoin halving event.

Recent market analysis indicates that Fetch.ai whales have been pumping their stakes in FET. This surge highlights growing confidence among the large-scale whales, setting the stage for a more significant Fetch.ai price rally in the coming months. According to CoinMarketCap, the coin is trading at around the $2.20 mark, with the Fetch.ai coin forming what is considered a double bottom pattern, which normally suggests that following a decline price period, the asset is poised for a significant rebound.

KangaMoon (KANG): A Promising Meme Coin Set to Climb The $0.5 By End of Q2

KangaMoon (KANG) has been making a name for itself-having sold more than 70% of the presale tokens. This presale star has managed to obtain more than 6,000 KANG holders. Additionally, KangaMoon has also raised more than $5.9M, meaning that it could even surpass its previous target of $6M by the end of April.

KangaMoon, a unique meme coin, aims to capitalize on the play-to-earn gaming industry, which could be worth around $855M by 2028, according to Yahoo Finance. KangaMoon is set to launch P2E games that will utilize KANG tokens as the main in-game currency. With the tokens, users will have an easy time purchasing in-game items, upgrading their characters, and taking part in exclusive contests, among other features.

However, what makes KangaMoon unique is its ambition of giving back to its community. KangaMoon offers free KANG tokens to some of the most active members, making it easier for members to start earning even before its official launch. Moreover, KangaMoon has also teamed up with RaidSharkBot to supercharge its community. The raid bot will help boost engagement while amplifying the fun within KangaMoon’s ecosystem.

As KangaMoon nears its presale stages, the KANG tokens are going for just $0.0196, a 290% rise from the initial starting price of $0.005. However, market experts believe that is just the beginning, forecasting that KANG holds the potential for a 100x surge to reach $0.5 once listed among the Tier-1 CEX list in Q2 of 2024, which makes it one of the best cryptocurrencies to buy now.

Will KangaMoon Outshine AI Cryptos like Render and Fetch.ai?

KangaMoon has a low market cap, meaning it can rise faster than the likes of Render and Fetch.ai. Despite being a new coin within the meme coin market, KangaMoon will certainly be among the top meme coins to invest in 2024.

Discover the exciting opportunities of the KangaMoon (KANG) presale today!

Website: https://kangamoon.com/

Join our KangaMoon 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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