In a recent X post, the popular crypto connoisseur, Altcoin Daily, shared a Polkadot news article which said that the active wallet addresses on the network had hit 600,000. In lieu of this development, more demand is bound to hit the Polkadot token if the momentum keeps up and this might raise its price. In another development, KangaMoon (KANG) is set to eventually outshine the likes of BOOK OF MEME token when it finally launches on tier-1 exchanges. Despite BOOK OF MEME’s recent appreciation, KangaMoon is technologically endowed to overtake its place in the meme coin market.
KangaMoon (KANG): The Best New Meme Coin Gem in 2024
The 5th presale stage of KangaMoon (KANG) has just started selling out quicker than anticipated. With the rate at which KangaMoon tokens are selling off, analysts think that KangaMoon’s growth will eventually eclipse the majority of the top meme coins like BOOK OF MEME and Pepe upon launch. Beyond its presale potential, KangaMoon also appeals to users largely because of its community-driven approach.Â
Notably, KangaMoon combines SocialFi and GameFi’s Play-to-Earn concepts in a unified gaming ecosystem dubbed “Kangaverse”. In this immersive ecosystem, participants can engage in various thrilling activities including battle contests, periodic challenges, and speculative betting. Meanwhile, users can also put their creativity to test by customizing unique in-game characters that can be traded alongside other high-value in-game collectibles on a dedicated marketplace.Â
Furthermore, the project strives to foster a sense of community by rewarding both new and existing token holders with KANG tokens for actively engaging in commenting and sharing posts on the project’s social media platforms. Given its impressive approach, KangaMoon user base has surpassed 20,000 and it is expected to be joined by many more once KANG token is fully accessible to the market.Â
In the meantime, KangaMoon has already crossed $4.7M in fundraising milestones, with expectations to exceed the $6M by the end of the month. With the KANG token appreciating by over 290% from its initial $0.005 to the current $0.0196 in stage five of ongoing presale, analyst touts the token to surge by 1000%Â and potentially hit $0.5 almost immediately after launch.
Altcoin Daily Drops Update on Polkadot’s (DOT) Number of Active Addresses
Polkadot has been on a rough trajectory lately. Declining by 5.14% this past week, and over 23.14% this past month, Polkadot has been desperately trying to price out of bearish pressure. However, investors might be in for a DOT incline sooner than they thought as popular crypto channel “Altcoin Daily”, has just dropped news about Polkadot’s active wallet addresses increasing to 600,000.
This growth rate can potentially take the price of Polkadot up due to possible increase in demand. Despite the losses in the past few weeks, Polkadot token is still maintaining a 24.06% daily increase in its TVL and a current weekly price range of $8.13 and $9.07.
BOOK OF MEME (BOME) Raises Tension In The Meme Coin Market
After launching this in the middle of last month, the price of BOOK OF MEME rose to an all-time high, almost 2000% above its starting price. Now, the BOOK OF MEME token is showcasing a total rise of over 1,200% percent.Â
BOOK OF MEME is also ranking among the top ten largest meme coins by market cap, while it currently holds in a weekly price range of $0.01232 and $0.01678. Subsequently, BOOK OF MEME is declining by 25.15% this past week but still holding a 1,287% rise in the past month.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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