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Bitcoin (BTC), the number one cryptocurrency, has slipped from its all-time high record of $73k as crypto market fluctuations begin to take effect. In the same instance, Arbitrum (ARB) has plummeted severely to bear pressure. Despite this upheaval, KangaMoon (KANG) stands as a beacon of hope for meme coin lovers with an impressive price increase. The presale is currently getting traction and has been rated as one of the top meme coins to invest in now.
KangaMoon (KANG) Raises Over $2 Million As the Project Enters Stage 4 of the Presale
With Bitcoin and Arbitrum slipping, KangaMoon may be the way out for traders to make huge profits. After an impressive performance in stage 3, KangaMoon is now in stage 4 of the presale and on the path of raising $2.5M in presale.
From a floor price of $0.0050 in Stage 1, KangaMoon has moved to $0.014 in Stage 4. That means early buyers who saw the potential of the project now have over 180% ROI with analysts projecting more in the coming weeks. KangaMoon stands out with its blend of social interaction with elements of P2E gaming. With KangaMoon, players can turn their skills into powerful money-making exercises.
Spectators can earn by predicting match outcomes while holders of KANG tokens can earn additional rewards through active community engagement. By engaging in promoting the project on social media, holders can earn free KANG tokens. Also, when you buy now, you get a 10% bonus and grow your investment.
In the referral system, there are opportunities for investors to earn more by inviting people and ensuring they purchase the platform’s native token. With the rise of the meme coin market coinciding with the NFT market growth to $200B in 2024, KangaMoon is a sure path to tap into both industries. As such, analysts rate KangaMoon as one of the top meme coins to invest in for a potential 100x return.
Bitcoin (BTC) Plummeted by 10% as Token Trade Below $65k
Bitcoin (BTC) attained a new all-time high record of $73k on March 14 2024 as crypto buyers maintained their bullish dominance. However, Bitcoin has been severely tested by the bear pressure with the token losing 10% in the past week. Although Bitcoin made an overall 25% increase on the monthly chart, the token has fallen below $64k in recent days.
This may be the aftermath of the sellers who are taking profits after the initial Bitcoin price boom. However, with the Bitcoin halving still to come, there are high chances of the coin surpassing its earlier all-time high record. As a result, analysts believe Bitcoin may go as high as $100k in 2024.
Arbitrum (ARB) Dips, Losses by 87% on YTD Chart
Arbitrum (ARB) trajectory since the past year has seen the token fall more to the bearish path. On the year-to-date price chart, the Arbitrum price declined by 87% as bear pressure intensified. Although the token made an impressive all-time high record of $2.3 in January 2024, it has battled the bear trend for days.
In the past few days, the Arbitrum token has been battling to maintain the $1.50 support zone. A zone which analysts believe that it needs to hold onto if it wants to pull a resurgence. Meanwhile, the token’s weekly price chart shows a loss of 25%. However, analysts believe the recent whale activity which is leading to a surging momentum on the trading volume and market cap could lead to Arbitrum retesting the $2 resistance trendline soon.
