This article sheds light on Shiba Inu’s persistent decline which raises questions about its recovery prospects, while Toncoin’s impressive 13% surge, driven by a Telegram collaboration, takes center stage. Additionally, the buzz around the Play-to-Earn (P2E) meme coin Kangamoon, with soaring price predictions, captures investor interest.
Summary:
- Shiba Inu price continues to fall even as other currencies recovery
- Toncoin increased by 13% in price through Telegram support
- The Play-to-Earn Memecoin Kangamoon sparks frenzy as price growth predictions Soar.
>>>>> Visit The Kangamoon (KANG) Presale Today <<<<<
Shiba Inu Faces Price Decline: Can SHIB Recover?
Despite a gradual recovery in the cryptocurrency market following a recent dip, the Shiba Inu coin has been experiencing losses. Although the Shibarium launch has been gaining momentum, the SHIB token has dropped from $0.000008200 to $0.000007261 in September.
As a result of the Shiba Inu price decline, its market capitalization has lost more than $1.85 billion over the past month. And technical analysis indicates the likelihood of this downward trend persisting shortly.
Despite efforts to improve the price of Shiba Inu through the Shibarium layer 2 blockchain, its value has been falling. If SHIB loses the $0.000007000 support, the price could fall as low as $0.00000660. Shiba Inu also faces major resistance at the $0.000008000 price level.
Toncoin Collaboration With Telegram Drives 13% Growth
The Toncoin (TON) protocol is experiencing significant growth today, with a price increase of over 13%, making it the leader in the current altcoin bull market. As a result of the price rally, the Toncoin value has increased to $1.92, marking its highest price in September.
Toncoin is already well-known as a midcap blockchain, but recent efforts to expand its ecosystem have made it stand out as a project with a specific growth objective. As a result of the collaboration with Telegram, over 800 million Telegram users can now use the Toncoin network.
The announcement which serves as a major boost to the Toncoin ecosystem was revealed at the ongoing Token2049 event in Singapore. Crypto analysts have predicted that the TON price will increase in the long term as more Telegram users embrace this feature.
Investors’ Interest Sparks Frenzy Around the Kangamoon P2E Game
Kangamoon is a meme coin that combines play-to-earn (P2E) elements to create a new hybrid gaming ecosystem. The aim of the project is to develop a community of meme coin enthusiasts who can monetize their gaming time.
In the new P2E game, players will embrace the role of a feisty kangaroo with a passion for boxing. Using their avatars, players will compete in fights and tournaments with their avatars, players will win great rewards and digital assets.
One of the most exciting aspects for P2E gamers is the absence of buy and sell taxes, making it an attractive proposition for traders looking to maximize their game earnings. Ahead of its Q4 launch, the smart contracts of Kangamoon have been audited by SOLIDProof and Cyberscope as 100% safe.
Kangamoon is ready to become the hottest Play-to-Earn meme coin of Q4 2023 due to the utility and hybrid nature of the project. Early investors are stacking up Kangamoon utility token, KANG, while it is trading at an entry-level price of only $0.005 per token.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Our Telegram Community: https://t.me/Kangamoonofficial
Join Our Twitter Community: https://twitter.com/Kangamoon_P2E
Source: https://www.analyticsinsight.net/shiba-inus-shock-plunge-toncoin-telegrams-game-changing-partnership-why-smart-investors-are-flocking-to-kangamoon/