Altcoins
Crypto whales are quietly accumulating these crypto altcoins this week
New market entrant KangaMoon (KANG), alongside major crypto coins like Injective (INJ) and SingularityNET (AGIX), has attracted the attention of crypto investors for various reasons. Notably, there has been a growing demand for AI and Big Data crypto coins like INJ and AGIX tokens among crypto whales seeking a new direction of diversification. Likewise, KangaMoon is poised to disrupt the meme coin market with its innovative merger of GameFi and SocialFi into a utility token, making it an interesting choice for crypto-savvy investors.
KangaMoon (KANG) Rapidly Rising Among the Top Coins to Watch in 2024
With an impressive growth trajectory so far in the pre-sale market, KangaMoon (KANG) can be compared to a bullish frenzy. The token was initially launched at a price of $0.005 and has since increased by 400%, reaching a new price of $0.025 during the bonus presale phase. If the token reaches $0.5 or $1 by the end of this year, as industry experts have predicted, KangaMoon will definitely be on the list of top meme coins with high adoption.
Although the meme coin has attracted a fairly impressive number of users, including over 32,000 registered members and over 6,000 KANG holders, KangaMoon still plans to expand further into the blockchain gaming market. In a bid to expand its network, KangaMoon recently partnered with RaidSharks to drive adoption of the crypto network and offer a $1,000 monthly rewards pool to users.
Although the above incentive is bound to lead to a further substantial increase in users, the platform originally has a surefire way to grab and maintain users’ attention. KangaMoon’s unique gaming ecosystem, the “Kangaverse”, allows users to participate in battle-themed contests and tournaments to win KANG tokens. Additionally, non-players can bet on the results of these competitions.
Subsequently, more growth is expected from KangaMoon when it will soon be listed on BitMart and other leading exchanges. With the potential to rank high in the meme coin market, KangaMoon could disrupt the P2E gaming market, which is expected to exceed $8,896.95 by 2028. Buy $KANG and join the rest of its community in sharing and commenting his publications on social networks. for more $KANG tokens.
SingularityNET token maintains positive trend in volatile market
SingularityNet (AGIX) has proven itself to be a worthy contender among the best cryptocurrencies of 2024. Haven has seen an approximately 260% increase in the price chart since the beginning of the year, AGIX Price has further maintained an upward trajectory over the past month, recording a notable 12% increase to trade around $0.95, up from $0.85.
However, concerns have been raised about the token breaking through resistance around the $1 price. Notably, AGIX tokens have traded above the $1 mark twice over the past month, but failed to keep pace on both occasions. While this already appears to be a trend for the SingularityNET token, market analysts expect a major breakout past this resistance zone as the AI market witnesses greater adoption.
Injective pricing shows signs of resurgence alongside growing network activities
There has been an increase in activity on the Injective network, which would also have a positive effect on the price of INJ, especially in the context of anticipation of an upcoming bull run. For example, Injective recently announced some of the progress made with the omnichain .INJ domain that allows users to transact seamlessly on the Solana and Injective networks. Part of this progress includes over 13,000 unique holders and millions of on-chain transactions.
This growing interest in the Injective network explains the sudden interest in crypto whales as well as why the INJ token is on the list of best cryptocurrencies to invest in right now. Meanwhile, native token INJ climbed almost 3% from its lowest point of the week at $21 to trade above $23. Although this price increase does not translate into a positive gain on the INJ price chart, it does suggest a potential resurgence in the coming days.
Like INJ and AGIX Token, can KangaMoon stand out in the crypto market?
KangaMoon stands out in the meme coin market, particularly for its combination of SocialFi elements and GameFi’s P2E mechanism into a utility token. As its pre-sale phase draws to a close, the KangaMoon platform is preparing to make a disruptive launch that will offer users of the same coins a new monetization opportunity.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
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