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A peep into the crypto market shows that popular cryptos like Litecoin (LTC) and Stacks (STX) are experiencing an uptrend, with analysts forecasting more rallies in the coming days. Meanwhile, KangaMoon (KANG) is now one of the trending cryptos in the market. The 50x projection by analysts has drawn the attention of investors from other crypto projects. Some crypto experts think that KANG is one of the meme coins to watch in 2024 based on its surging momentum.
KangaMoon (KANG) Continues to Thrive at Stage 4 Presale as More Investors Show Interest
Despite the bullish rally of Litecoin and Stacks, more investors have shown interest in the KangaMoon project. The massive influx of these investors has resulted in the sellout of more than 40% of the tokens mapped out for stage 4 of the presale. The sellout has helped KangaMoon raise over $2M in the current stage while targeting $2.5M before month’s end.
The KangaMoon presale which started at $0.0050, is now sold for just $0.014. That means early investors have over 180% ROI. Although the meme coin is still in Stage 4 of the presale, the team is planning to list the token in a top tier 1 exchange in Q2. At the current trajectory, analysts have picked KANG among the meme coins to watch in 2024.
The KangaMoon platform is a play-to-earn (P2E) ecosystem where members can participate in various activities and earn rewards. Even KANG holders can earn more tokens when they join to promote the project on social media. The goal of KangaMoon is to build a community for meme enthusiasts. The future of the KangaMoon project is bright, as many analysts see it as the best crypto to invest in at the moment.
Meanwhile, with the games market worth $176B, KangaMoon is the easiest way to join the industry and benefit from it. As such, now is the best time to invest in the 2024 hottest meme coin, the price of which analysts forecast to reach $0.5 in the year.
Litecoin (LTC) Gained 35% in the Past Month
The Litcoin price has been on a good run in recent weeks, gaining 35% in the past month and 8% in the past week, according to CoinMarketCap data. To attract more buyers to their platform, Litecoin has entered into a collaboration with Atomic Wallet to allow users to store and swap tokens using the LTC token. Users who use the ‘SAVE60ATOMIC’ code will also get a rebate of 60% on their fees.
Meanwhile, Litecoin has also surpassed BTC and ETH as the best payment protocol currencies to use. Some analysts think that the positive news coming from the ecosystem will propel the token price to a rally. As such, they believe Litecoin will retest the $100 resistance level soon.
Analysts Project Stacks (STX) Resurgence in the Coming Days
While Stacks have witnessed bullish sentiment for weeks, it seems the bears are about to take charge. Based on CoinMarketCap data, the Stacks price has witnessed a slight 1% drop in the past week.
The Stacks market indicators such as trading volume and market cap are not witnessing much action as the bears try to take control. While investors were hoping that Stacks price would stabilize at the $3 support level, the reverse has been the case as the token price has dropped below $3. Some analysts believe that Stacks can still make a comeback if the buyers exert their control again.
