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Binance (BNB) has displayed a positive trend and this could result in an overall positive market sentiment followed by a significant increase in investors and traders. In the meantime, the Ethereum (ETH) crypto found support and remains volatile, which could result in positive reinforcement. KangaMoon (KANG), however, is getting the most attention as analysts are projecting up to 220% gains in Q1.
Binance Coin (BNB) Trading Above $300 – Can It Go Above $500?
Binance Coin (BNB) is trading in an upward direction after a prolonged period of sideways trading. In fact, the Binance price has jumped during the past week and found support at the $311, where its currently stands.
Earthier throughout the week, however, the Binance crypto was as low as $288, signifying that the cryptocurrency has reached a major upswing in its value since then. The rally is not ending, as there is further growth potential for BNB. Based on the Binance price prediction, it can end 2024 at $507.99.
Ethereum (ETH) Sees Major YTD Upswing – Price to Move Above $3,000 in Q4
Ethereum (ETH) is now experiencing a major point of volatility as its market capitalization is declining. The crypto saw a price increase of 41% YTD and could soon reach even further heights. In the past week, the Ethereum price moved from $2,186 to $2,370 and then retracted back to $2,272.
Based on the latest on-chart metrics, the crypto does have the potential to recover. For example, crypto analyst Rager on X (Twitter), with over 199,000 followers, noted how it needs to show strength and that the spot ETF delay has not contributed to this happening. Yet, according to the Ethereum price prediction, however, it can end 2024 at $3,694.71.
KangaMoon (KANG) to Feature Community-Driven Approach and Grow 220%
KangaMoon (KANG) is an upcoming memecoin that will have a community-driven approach where you can earn while interacting with the community. On top of that there is a plan for a metaverse, exclusive NFTs and more.
By connecting meme coin enthusiasts globally, it is shaping up to be the hottest memecoin for Q1 2024. Now, at Stage 1, it trades for just $0.005 but presents a solid opportunity for those who want to get into this exciting DeFi project. Analysts expect the KANG crypto to grow 220% by the time the presale concludes and 50x at launch. It’s aiming for the top spot in the meme coin market and can topple the likes of Shiba Inu and Dogecoin.
As a result, the project presents an exciting opportunity for anyone to get involved in a community-driven cryptocurrency at an early stage before it explodes in value. Best of all, players will not need to actively participate in the gaming features and can instead interact within the meme community and earn while doing so.
Summary
Both Binance Coin and Ethereum are moving upward in value. However, the KangaMoon presale has gained the most attention, as it will enable anyone the opportunity to monetize their time and get real-world value and rewards, making it a top choice.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
Website: https://Kangamoon.com/
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*This article was paid for. Cryptonomist did not write the article or test the platform.
Source: https://en.cryptonomist.ch/2024/02/05/binance-coin-ethereum-traders-kangamoon/