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The crypto market can make your head spin in excitement. It’s been crazy lately with a new Bitcoin (BTC) ETF ad; even analyst Eric Balchunas paid attention to it. Meanwhile, Ethereum (ETH) looks poised to go past $4,500. Also, KangaMoon (KANG), now in Stage 2 of its presale, is being pegged as the next 100x meme coin in 2024.
Bitcoin ETF Ad Analysis by Eric Balchunas
Bloomberg analyst Eric Balchunas quickly broke down the latest Bitcoin ETF ad from BlackRock, highlighting its language. He pointed out that the ad is “progress”. Furthermore, Balchunas stated that this ad was targeting traditional investors who never thought of things like Bitcoin as an investment.
This Bitcoin news may trigger a rally for this crypto. In terms of the Bitcoin crypto value movement, it jumped from $49,930 to $51,883 over the past week alone. Its market cap grew from $981B to $1.01T during that period. The sentiment is bullish, with 26 technical indicators flashing green for Bitcoin. Experts predict another surge to $71,565 within Q2 of 2024.
Michaël Van De Poppe: Ethereum (ETH) on Track To Reach $4,500
According to prominent crypto analyst Michaël Van De Poppe, Ethereum (ETH) is on pace to reach $3,800-$4,500. When looking at the Ethereum price movement, CoinMarketCap data shows that it has risen from $2,650 to $2,919 in the past week alone. Its market cap also pumped from $319B to $351B in that period.
The technical analysis for ETH also shows a bullish picture. For instance, Ethereum trades above its 100 and 200-day EMAs while experiencing 17/30 green trading days. Due to all these reasons, analysts have made a bullish Ethereum price prediction. They forecast a pump to $4,045 for ETH within Q2 of 2024.
KangaMoon (KANG): Stage 2 Presale That May Rule the Meme Coin Space
Meme coins are a dime a dozen, but KangaMoon (KANG) is different. While most meme coins exist for comedy, KangaMoon sets itself apart by functioning as an in-game currency. This incorporation of Play-to-Earn (P2E) and Social-Fi makes this project one of the best when it comes to longevity.
In KangaMoon, with every battle fought, cryptocurrency will be given out as a reward. Additionally, KANG token holders can bet on these fights even if they are not participating. This gives KANG token holders more ways to profit from the platform.
Additionally, holding this meme coin will let you participate in regularly scheduled challenges every week, quarter, and month. With these challenges, users can win even more tokens or in-game items that can be sold on the KangaMoon marketplace. Thus, KangaMoon may establish the most active meme community on the market.
Recently, KANG entered Stage 2 of its presale with a price increase of 50% to $0.0075. Anticipation is high for Q2 2024 when KANG will hit exchanges, with analysts forecasting a potential 1,000% surge. Experts even draw parallels between KangaMoon and established meme coins like Shiba Inu, making KANG one of the meme coins to watch.
Bitcoin vs. Ethereum vs. KangaMoon – Which One Rises First?
While Bitcoin and Ethereum are worth keeping on your radar, KangaMoon has a distinctive advantage. This community-driven meme coin has a low market cap of $7.5M. As a result, KANG will surge much faster as fewer new funds are needed. With this in mind, KangaMoon may be the best meme coin to invest in for quick returns.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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*This article was paid for. Cryptonomist did not write the article or test the platform.
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