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Recently, Ethereum (ETH) saw a surge that briefly hit $3,000, fueled by Dencun upgrade hype. Meanwhile, Chiliz (CHZ) made huge strides after partnering with the K-League. Not only that, KangaMoon (KANG), which is a Stage 2 presale star, is pegged as the next 100x meme coin in 2024.
Ethereum Price Briefly Reaches $3,000
Ethereum (ETH) has been on an uptrend as Dencun hype grows. This upgrade will bring proto-dank sharding as well as blobs to on-chain activity. The Ethereum team aims for this upgrade to go live on its mainnet before the end of March 2024.
According to CoinMarketCap, the Ethereum price hit $3,014 at one point – a level not seen since April 2022. However, it did not sustain this momentum, dropping to $2,949. Over the past week, this altcoin has traded between $2,659 and $2,949. Its market cap also grew from $320B to $354B in that period.
Additionally, sentiment is bullish for this altcoin, as 27 technical indicators are flashing green. Because of this, experts have made a bullish Ethereum price prediction – forecasting a surge to $3,899 within Q2 of 2024.
Chiliz (CHZ): New Partnership With K-League
Meanwhile, Chiliz (CHZ) has also been making headlines. Notably, Chiliz announced a new strategic partnership with K-League, Asia’s top football league. This partnership will bring the K-League to the Chiliz Chain ecosystem, making it a node validator.
This Chiliz news may trigger a rally for this crypto. The Chiliz coin value has jumped from $0.10 to $0.12 in the past seven days. Its market cap jumped from $904M to $1.10B. Additionally, Chiliz now trades above its 100 and 200-day EMAs. Thus, analysts predict a price of $0.19 for this altcoin within Q2 of 2024.
KangaMoon (KANG): Rise in the Meme Coin Space
Amidst these developments, KangaMoon (KANG) is gaining much attention. Unlike 99% of meme coins, KangaMoon offers an in-game currency dynamic. KANG will be the main utility token for KangaMoon’s upcoming Play-to-Earn (P2E) game.
KANG functions as an in-game currency, enabling users to engage in battles, place bets on matches, and participate in various challenges within the platform. In fact, there will be weekly, monthly, and quarterly challenges that only KANG token holders will gain access to. You will earn extra in-game items and bonus tokens by winning these challenges.
Currently, KANG is worth just $0.0075 as it is in Stage 2 of its presale – a 50% growth from its starting price. However, experts in the crypto field remain bullish as they forecast a potential 1,000% surge once this meme coin hits exchanges in Q2 of 2024.
This price prediction has made countless individuals gravitate to this crypto ICO event. At this moment, KangaMoon is on track to raise nearly $100,000 in stage 2. With KANG potentially replicating the success of Shiba Inu and Dogecoin, it may become one of the meme coin titans.
Can KangaMoon Outshine Ethereum and Chiliz?
KangaMoon could be the next big thing in the crypto world. It only has a market cap of $7.5M; therefore, it will rise faster than Ethereum and Chiliz. In other words, it takes much less money for KangaMoon to grow quickly. So there’s no telling how far it can go. As a result, KANG may be one of the top meme coins to invest in.
