Most cryptocurrencies have experienced a turbulent week before the recent rally, with many witnessing a decline below their previous prices. However, a few tokens have displayed resilience and are currently priced higher than they were seven days ago. Avalanche (AVAX) token and Injective (INJ) token are prime examples of tokens that are striving to surpass resistance levels, with both aiming for a price target of $45 by March. Additionally, KangaMoon has emerged as a standout performer this week, with the second stage of its token presale rapidly selling out and raising $200K in just a week.
Avalanche (AVAX) Makes Steady Progress on Reaching Its Resistance of $43.26
Owing to its 8.90% price increase in the past 7 days and a substantial 12.27% increase in the past month, Avalanche token is confidently standing as one of the highest gainers this week. The token is holding well in a weekly price range of $35.28 and $40.36 with the possibility of rising higher next week.
Meanwhile, AVAX token currently holds the position of the 9th largest cryptocurrency by market cap and is currently experiencing an average of 3% daily gain. Given its current outlook, Avalanche token is bound to price in higher resistance levels and potentially surpass $50, posing as a good crypto to buy.
Injective (INJ) Is Overcoming Fluctuational Pressure By Retesting New Heights
With a recent surge that has propelled Injective price beyond its previous milestones, investors are eagerly monitoring the token’s trajectory, anticipating further uptrends. This aforementioned surge particularly entails a 15.20% rise in the past week and a meager 4.99% gain in the past month.
Despite battling with a series of heavy volatility throughout February, Injective token has demonstrated notable resilience, breaching two significant resistance levels. Currently Injective is holding in a weekly price range of $32.61 – $41.41 as it nears its next support at $41.24.
KangaMoon (KANG) Emerges as the Top Meme Coin to Buy in 2024
Already signaling as one of the best meme coins to watch out for in 2024, KangaMoon (KANG) is spearheading the evolution of meme coins with its cutting-edge hybrid model. This revolutionary project merges social-fi dynamics with play-to-earn gaming to create an unparalleled, vibrant community for meme coin enthusiasts and blockchain game lovers.
In the KangaMoon game arena, adrenaline-pumping battles take center stage, offering players lucrative meme coin rewards alongside other high-value in-game prizes, while it also captivates spectators with thrilling betting opportunities. The best part, however, is that these rewards can be seamlessly traded within the KangaMoon marketplace, further enriching the gaming experience.
As KangaMoon progresses through the second stage of its token presale, the native $KANG tokens are now priced at $0.0075. Impressively, the token has already experienced a 50% surge from its initial offering price of $0.005 and has raised over $350K in total. Meanwhile, during the ongoing presale phase, investors can capitalize on a 10% deposit bonus available for a limited time.
Furthermore, KangaMoon is rewarding users now for their active engagement on its social media platform. For instance, the project incentivizes social sharing by providing extra $KANG tokens to investors who contribute to its virality, ultimately fostering a united community of passionate supporters of meme coin market adoption.
While this ongoing initiative not only presents continuous challenges for additional incentives, it also serves as a means to generate even more excitement and interest in KangaMoon within the meme coin market.
