Bitcoin Rally: Can Kaspa (KAS), Cardano (ADA) and KangaMoon (KANG) Leverage Price Increase?

Last Updated 29 February 2024, 14:26 IST

The dominance of Bitcoin over many altcoins is glaring. Once Bitcoin goes up, other altcoins join the bullish pattern. In similar circumstances, if Bitcoin crashes, other altcoins tend to follow the pattern. Now that Bitcoin is heading to the moon,  can top cryptos such as Kaspa (KAS), Cardano (ADA), and KangaMoon (KANG) leverage the flow? While KangaMoon is on the presale, early investors have already gotten a 50% return, putting it in investors watch list. More details below.

KangaMoon (KANG) Hits Stages 2 of Presale as Token Goes for 50% Increase

Amidst the massive rally of Bitcoin, Kaspa and Cardano, analysts expect KangaMoon to head to the moon soon. KangaMoon has been tipped to be one of the top meme coins with the potential for massive growth in 2024. The project is hitting traction at the perfect time and the coming of the bull market makes it an attractive prospect for investors.

KangaMoon is a new meme coin project that incorporates P2E gaming with a social-fi model. By this, it creates a community of gaming enthusiasts who come together to test their gaming skills and get rewarded. Every player can create a unique character, engage in weekly, monthly, and quarterly events and earn KANG tokens. Also, investors can use the NFT marketplace for transacting digital collectibles. KangaMoon also allows non-players to earn by betting accurately on the outcome of particular games.

The project has been well received so far in the crypto market, with over $326,000 already raised. The presale is just in stage 2 and investors can get the ERC20 token KANG for just $0.0075. The platform gives a 10% bonus to those who purchase the token now. Early investors have gotten 50% ROI and the token is expected to surge more as the presale progresses. Token holders can also earn additional $KANG tokens by actively participating in community activities such as tweeting about the project, commenting and making the platform posts go viral.

Users can earn through the referral system, where they invite their friends and ensure they purchase the KANG token. With the meme coin industry expected to Skyrocket in the coming months, an investment in KangaMoon that combines social-fi models with P2E could lead to massive ROI in the coming weeks. Analysts have projected a 35x ROI in the year, making KANG one of the top cryptos to invest in now.

Can Kaspa (KAS) Reach $0.5?

An improvement in performance since the start of the month has added Kaspa coin to the list of top-performing cryptos in the market. Kaspa's (KAS) bullish trajectory was evident on the monthly chart, which increased by 58%, resulting in an all-time high of $0.1894 on Feb 20, 2024.

However, Kaspa has experienced some pullback in recent times after the token price declined by 7% on the weekly chart. By leveraging its strong fundamentals and the surging run of Bitcoin, analysts predict the Kaspa price to reach $0.5 when the bull market reaches full swing.

Cardano (ADA) Upswings, Sets to Reach $1

Cardano (ADA) has been on the uptrend lately with a series of developments happening within the ecosystem reinvigorating users’ and developers’ interest. Within the past month, the Cardano coin has experienced a 29% increase in price value, with the token price moving from $0.4750 to $0.6390.

However, Cardano experienced a price pullback on the weekly chart after a slight 0.86% loss. Despite this bearish trend, analysts have high hopes for the token. With the Bitcoin boom affecting altcoins, the Cardano price may reach $1 sooner than anticipated.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

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(Published 29 February 2024, 14:26 IST)

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