Altcoins
VanEck Suggests Credit Market Will Trigger Huge Bitcoin Surge; These Top Altcoins Are Poised to Benefit
With Bitcoin’s next major rally about to happen, VanEck digital asset manager Gabor Gubacks suggests that the expansion of the credit market will act as a key driver. He further added that while many individual investors remain wary of lending or borrowing Bitcoin, the rise of ETFs has subtly reinforced an institutional BTC credit market, growing with every transaction.
Instead, major altcoins like the Optimism token (OP) and Tron coin (TRX) are uniquely positioned to capitalize on the booming credit market and the resulting surge in Bitcoin. KangaMoon (KANG) is poised to take full advantage of Bitcoin’s rally to rank among the top meme coins with high gains this year.
KangaMoon Could Potentially Drive Meme Coin Surge This Year
Some of the best meme coins to buy right now include: KangaMoon Meme coin with its unique P2E market dynamics, positioned to disrupt the online gaming market as a whole. With a significant increase in market cap above $100 million when this meme coin was listed on Uniswap and BitMart alongside CoinGecko and CoinMarketCap, analysts are already seeing the possibility of it being valued at $1 billion by Q4.
What should bring KangaMoon to this level is the adoption it can potentially drive through its Kangaverse ecosystem, a mix of SocialFi and GameFi that rewards users when they engage in its gaming activities. The Kangaverse gaming platform allows users to earn tokens by participating in the game to win boxing matches, betting on the outcomes of fights, and even participating in challenges and quests where rare in-game items and more token rewards can be claimed.
Currently, the KangaMoon token is sailing in a weekly price range between $0.05 and $0.08, representing a whopping 1,500% increase from its initial price of $0.005. With its early investors already making up to 400% profit during the pre-sale phase, its current market price signals its growth potential. Ultimately, Kangamoom could benefit from Bitcoin’s rise and rank among the best altcoins to buy this year.
The progress KangaMoon has made so far during and after its presale proves once again that the meme coin could possibly achieve 100X price growth before 2025. In fact, its staking features and application are already garnering considerable interest, as the CoinGem ecosystem recently launched a X tweet where KangaMoon ranked among the top rated altcoins.
Optimism Token Leverages Layer 2 Scaling for DeFi Domination
Although Optimism (OP) is only a layer 2 scaling solution for Ethereum, to improve transaction speed and reduce costs, the Optimism is also poised to benefit from Gubacks’ insight.
Notably, Optimism is the mother network on which popular credit market platforms like Aave and Synthetix operate, meaning that the Optimism token is expected to see influential growth due to the use of its platform. Given Gabor Gubacks’ speculations, the Optimism token is well-positioned to rank among the best altcoins to buy, especially due to its reliable and robust infrastructure.
Tron Network Facilitates Transparent Transactions in the Credit Market
Tron is a super blockchain network that supports credit market functionality with its vast infrastructure that offers low-cost and high-speed transactions. With platforms like JustLend operating on the TRON network, Tron coin is expected to benefit significantly from the growth of the BTC institutional credit market.
Therefore, the native token TRX is expected to rank among the best cryptocurrencies to buy according to Gabor’s forecast. Furthermore, its robust ecosystem and potential to tap into the expanding credit market make it an attractive investment as the Bitcoin rally unfolds.
What is KangaMoon’s plan for easy accessibility when the game launches?
KangaMoon’s live game launch is already underway now that the token has been fully launched on the DeFi and GameFi marketplace. However, in an attempt to make it easily accessible anywhere and anytime, KangaMoon is planning to launch a mobile app for “on-the-go” engagement.
Website: https://Kangamoon.com/
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