Several investors are turning their heads to Kangamoon, a newly launched crypto project. Its unique business roadmap and market viability have made KANG a leader in the crypto world. The ongoing presale has already raised over $219,000. Moreover, investors in Ethereum Classic and Aptos are feeling FOMO as they have not been able to multiply their money like Kangamoon holders.
Ethereum Classic (ETC) Fails To Sustain High Trading Volume
While most big cryptocurrencies are trading in the green, Ethereum Classic has emerged as an exception. The trading price of Ethereum Classic has fallen by 2% in the past week.
Consequently, the current trading price of Ethereum Classic’s ETC tokens is $25.85.
Ethereum Classic has witnessed a drop in its price despite experiencing a surge in trading volume. A few weeks ago, when the Bitcoin ETF was announced, Ethereum Classic could also rally. As per the data from Santiment, the trading volume of Ethereum Classic surged by 250% following the anticipation for the Ethereum ETF.
However, the development activity has declined on the Ethereum Classic lately. Subsequently, ETC tokens are facing resistance on the price chart.
Aptos (APT) Enters Crypto Smartphones Arena
The arena of crypto smartphones is hot, and Aptos is a new player in the market. Recently, Aptos announced that it has forged a partnership with Jumbo, a blockchain smartphone manufacturer. Under this collaboration, Aptos will provide support for the launch of JamboPhone, a smartphone starting at $99.
Notably, the smartphone will have several pre-installed applications, which are compatible with the Aptos network. According to Aptos, this partnership aims to educate emerging economies on Web3.
However, Aptos has not been able to witness any significant jump in its market value. The trading price of Aptos’ APT tokens is up by 3% on the monthly chart, and currently stands at $9.54.
Kangamoon (KANG) Presale Set To Make 2024 A Bullish Year
The data from CoinMarketCap show that the market capitalization of the meme coin sector is around $22 billion. However, the majority of meme coins do not possess any tangible utility. Their market value depends largely on market hype. But this condition is set to be changed with the launch of a new meme coin, Kangamoon. It is a perfect blend of SocialFi and GameFi tokens.
This new P2E meme coin will establish a gaming-based ecosystem. It will enable users to indulge in fun activities and competitions to earn rewards and win prizes. Besides, users need not wait for the exchange launch of the tokens to earn money. Here, they can participate in weekly, monthly, and quarterly competitions, starting from the presale round.
The players can build their own in-game characters and digital assets. They will also be able to buy or sell their rare digital collectibles. Hence, to support trading, the platform will also launch a marketplace.
Interestingly, the project allows users to generate income without taking part in competitions. They can simply spectate the game, and bet on the outcomes to start real-world earnings.
Kangamoon’s ecosystem will have KANG as its native token. Additionally, the platform will not impose any sell or buy tax on transactions related to the tokens. The token’s price is at $0.0075.
Beta and stage 1 have already sold out as demand for the token continues to soar.
Market analysts predict that the price of the tokens can jump by 22X in the presale phase. Moreover, it can skyrocket by 35x in 2024.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
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Source: https://blockchainreporter.net/kangamoon-kang-sees-a-surge-in-activity-as-ethereum-classic-etc-and-aptos-apt-prices-stall/