Analysts have picked three top tokens that could produce the highest gains in Q4 2023. They include Decentraland (MANA), Floki (FLOKI), and Kangamoon (KANG). In this article, we will explore three tokens and see which one has the highest chance of producing the most gains.
Summary:
- Decentraland’s transaction volume and unique active wallets are on a decline.
- Floki’s price has dropped 7% in the past week.
- Kangamoon has introduced a new P2E model that has interested gamers.
Decentraland (MANA) Transaction Volume Dropping
The Decentraland crypto is a decentralized VR world powered by the Ethereum blockchain. Unfortunately, it has seen a significant decline in user activity. According to DappRadar, the number of Unique Active Wallets (UAW) has been dropping in September.
In addition, the transaction count of the Decentraland coin has dipped by 12.71%, settling at 9.67k. The trading volume has also dropped by 38.40% amidst a declining interest in the project.
While the present looks bearish, Bitnation has anticipated an average price surge, stating that Decentraland will reach $0.5677 this year. DigitalCoinPrice is more optimistic, projecting that the MANA coin price will reach highs of $0.77 before the end of the year.
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Floki (FLOKI) Price Plunges Despite LaborX Integration
Floki made its entrance into the crypto space in August 2021, capitalizing on the triumph of meme coins like Dogecoin and Shiba Inu. From a meme coin, the project has added utility to the Floki Inu coin, launching a gaming ecosystem.
It led to FLOKI being listed on top exchanges lately. They include Bybit, Kucoin, Bitfinex, Crypto.com, Binance, Gate.io, and OKX. In addition, the token has been integrated into LaborX, one of the top crypto P2E platforms.
As part of the collaboration, the token can now be used for payments on the platform. Regardless of the integration, the price of Floki has not reacted positively. The Floki price has been on a decline over the last three months, dropping to $0.00001585, as a result.
Kangamoon (KANG) To Bring Practical Usage To Meme Coins
In contrast to Decentraland and Floki, Kangamoon has shown an upward trajectory, piquing the interest of investors. Kangamoon has a substantial utility setting above other meme coins in the meme coin sector.
Kangamoon’s growth prospect is substantial, driven primarily by its strong affiliation with the blockchain gaming sector. The project’s core mission is to launch a meme coin with utility. The meme coin will also act as a play-to-earn gaming token powering transaction on the Kangamoon ecosystem. It will introduce an immersive boxing gameplay platform.
Players will become a charismatic animated kangaroo, Kangamoon on the virtual platform. Interestingly, players can earn rewards and tokens while they compete with other players globally. The platform will feature battles, conquests, and tournaments to provide an immersive environment for players.
Interestingly, this innovative approach will allow meme coin enthusiasts to earn tokens while competing on a global scale. SOLIDProof has audited the platform’s smart contracts. The native utility token is currently available at the initial presale rate of $0.005 per token.
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Source: https://www.thecoinrepublic.com/2023/09/24/decentraland-floki-or-kangamoon-which-is-the-ultimate-q4-2023-profit-machine/