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In the past few years, initial coin offerings have become the best investment option. The presale of Kangamoon is reigning supreme in 2024. This new project has entered the market with a unique business plan, and multiple utilities. Therefore, experts are confident about the profitability of KANG.
Investors are also taking a deep interest in this new project. Within days of its presale launch, Kangamoon has raised over $219,000. Hence, it is also being considered a top challenger to Bitcoin, which is showing signs of consolidation.
Bitcoin (BTC) Falls On Daily Price Chart
The last few weeks have been bullish for Bitcoin, as BTC has shown an exemplary rally. For the first time since 2021, Bitcoin has been able to breach the psychological mark of $50,000. In the past month, the market value of Bitcoin has increased by 20%. Hence, at the time of writing, the trading price of Bitcoin stands at $51,599.19.
One of the biggest reasons behind this staggering rise of BTC is the spot Bitcoin ETFs. As per the latest market data, US-based spot Bitcoin ETFs have accumulated around $37 billion in AUM. Notably, this massive accumulation has taken place within just 25 days of trading.
Increased investors’ interest has also helped Bitcoin cross the market cap of $1 trillion on February 15. Notably, BTC has been able to reach this milestone for the first time since November 2021.
Whales’ interest in Bitcoin has also been increasing. The data from Santiment reveals that the whale accumulation of Bitcoin has surged to its highest level in 20 months.
However, the last few days have turned out to be bearish for Bitcoin. The price of BTC has fallen by 1% in the last 24 hours.
Kangamoon Presale Set New Profit Records
Around 73% of crypto investors believe that investing in meme coins is like gambling. Most meme coins do not have any real-world utility and depend on market hype for their value. However, a new meme coin – Kangamoon – is ready to change this notion, with its native token KANG.
It has integrated the features of meme coins, and P2E tokens on its platform. It aims to offer multiple tangible utilities through its gaming-based ecosystem. Here, users can participate in fun competitions and activities to earn rewards in KANG tokens. Notably, you can exchange these tokens for real-world value. Additionally, SolidProof has audited its smart contract.
On the platform, you will be able to develop your in-game characters and enhance them with rare NFTs. Additionally, you can generate extra income by selling your in-game collectibles and NFTs to other players on the platform. To ensure smooth buying and selling of in-game assets, the project will also introduce a marketplace.
Notably, you can enjoy all the benefits of the presale stage. Hence, the ongoing presale of the platform has witnessed a massive surge of members. Currently, the presale of Kangamoon is in its second stage, with a KANG token available to lock at $0.0075 (Already up 50% this week).
However, analysts have forecasted that the market value of the tokens can soar by 22 times before the completion of the presale phase. Interestingly, the maximum circulation of Kangamoon can be 1 billion, and 60% of them are reserved for the presale round. So, what are you waiting for? Lock your tokens now.
