Summary:
- Stellar to increase by 650% in 2024.
- Arbitrum has an upcoming token unlock in March 2024.
- Kangamoon to increase 350% after launch.
Stellar (XLM) Fails To Soar on New Upgrade
In 2021, Stellar (XLM) joined the top 10 cryptocurrencies due to its upward price movement. It attracted several investors to the platform. However, due to a long period of low confidence, XLM slipped down the ranks in 2022.
The price of the Stellar coin has dropped to new lows due to increased selling pressure. Recently, the Stellar coin’s price went from $0.195 in July 2023 to a low of $0.105 in August. However, it has since recovered to $0.114710 in September thanks to an increase in buying activity.
The token is still under bearish control despite its “Protocol 20 Upgrade” on September 20th. Looking forward to 2024, experts expect a resurgence in XLM. The Stellar network’s improved features could boost adoption, aiming for a retest of its record high at $0.90, potentially a 650% increase.
Arbitrum (ARB) Approves $50 Million Incentive Program
Arbitrum (ARB) recently gave the green light to a $50 million ecosystem incentive plan. While this might lead to some temporary selling pressure, these incentives serve as a strategic step to speed up the network’s expansion.
The goal of the program is to attract developers and users. Thus, strengthening Arbitrum’s presence in the Layer 2 scaling solutions arena. However, it is worth noting that the price of Arbitrum has dipped since April 18th when it hit its highest-ever price of $1.82. Unfortunately, the decline has continued in recent months with ARB dropping to $0.840359 in September.
Meanwhile, Arbitrum has a 1.11 billion ARB token unlock taking place in March 2024. Experts forecast that this could affect the price of Arbitrum and cause its price to decline. Still, experts forecast that Arbitrum will trade between $1.80 and $2.18 in 2024.
Kangamoon (KANG) to Skyrocket 220% in Presale Stage
Kangamoon is a special Play-to-Earn project that combines meme coins and blockchain gaming on one platform. Its main aim is to bring together gamers and meme coin lovers from around the world. Unlike meme coins like Pepe and Dogecoin, the Kangamoon token has many use cases.
The main currency for the Kangamoon ecosystem, KANG, offers special NFT access, rewards, and discounts to its holders. In 2023, Kangamoon stands out as a meme coin because of its utility. It lets players enter the virtual Kangaverse world and have exciting battles.
Gamers can join events, complete quests, and enter contests to win in-game items, prizes, and digital currencies. They can trade earned assets on the Kangamoon marketplace. Meanwhile, data from Market and Markets predicts that the Play-to-Earn NFT gaming sector will be worth $8.85 billion by 2028, giving Kangamoon room for growth.
SOLIDProof has carefully audited Kangamoon’s smart contracts. It signals concern from Kangamoon about user and asset safety. Experts forecast that Kangamoon will become a top project in the coming months. Kangamoon is in the early stages of its presale, offering KANG tokens at $0.005 each. Experts predict a 220% increase during presale and a 350% rise after launch.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
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Source: https://www.thecoinrepublic.com/2023/09/26/experts-believe-stellar-kangamoon-and-arbitrum-can-deliver-10x-returns/