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In the cryptocurrency market, Stellar (XLM) is setting its sights on a retest of its yearly high this week. Meanwhile, the meme coin sector, led by Shiba Inu (SHIB) and KangaMoon (KANG), is witnessing renewed enthusiasm and growing interest from investors. In an exciting turn of events, KangaMoon secures a solid position among the best meme coins for high returns, raising over $860,000 in its ongoing presale campaign.
KangaMoon (KANG) Completes Stage 2 Presale, Advances to the Next Phase
If you are wondering, KangaMoon (KANG) is an up-and-coming meme coin project with a unique strategy. The new market entrant has successfully concluded the stage 2 of its token presale and ascended to stage 3 where the native KANG token is currently priced as low as $0.01125. While the project has just sealed its $863,624.222 funding milestone, it is now eying another ambitious goal of surpassing the $1,000,000 mark in the current presale stage.
Notably, early investors experienced an impressive return on investment of 125%, especially those who keyed in when the native KANG token was initially sold at $0.005. However, beyond financial gains, this crypto initiative taps into a thriving Play-to-Earn (P2E) and meme coin market that is anticipated to exceed a value of $8856.95 Million by 2028.
Additionally, KangaMoon is positioning itself as a community-driven project where participants can compete in various contests as well as showcase their creative skills by creating unique and personalized in-game characters. Aside from winning real-world valuables from the contests, participants also get to trade these unique characters alongside other in-game items on a dedicated marketplace.
Interestingly, there's an ongoing contest for users to create the best memes and compete to win $150 in $KANG tokens. Moreso, March 12th is the submission deadline to avoid missing out, with an exciting voting period scheduled for March 13–16.
Essentially, amidst the increasing demand for meme coins, KangaMoon is well-positioned to benefit significantly from the expanding blockchain gaming market. Furthermore, being ranked among the best meme coins to watch out for in 2024, experts predict a 100x increase upon launch. Looking ahead, experts anticipate a potential 320% ROI before the presale concludes, based on its present surge.
Shiba Inu (SHIB) Token Battles to Surge above the $0.000045 price level
Shiba Inu (SHIB) token recently experienced a remarkable weekly price surge of over 226%, swinging from $0.00000963 to $00004525. Turning to its monthly chart, Shiba Inu's price witnessed a notable 323% increase, trading between a monthly price range of $0.000008997 to $0.00003656.
Following a retracement at the weekly peak level of $0.000045, Shiba Inu price fell back to the $0.00003645 price levels. Overcoming this obstacle could pave the way for a surge to an unprecedented peak. Looking ahead, analysts foresee the bulls driving the price upwards above the $0.00005 barrier.
Stellar (XLM) Network Remains Optimistic And Aims to Climb Back to Its Yearly High
Following a minor retracement near the $0.1558 level, the price of Stellar (XLM) retraced to $0.1365. Notably, over the past week, XLM experienced a significant surge of 12.79% while trading within a weekly price range of $0.12 to $0.14.
Meanwhile, The blockchain industry's continuous expansion and Stellar's dedication to reliability are driving factors behind analysts' predictions that the native XLM token has the potential to reach its yearly high of $0.16. Despite currently ranking 33rd among the top crypto coins by market cap, the Stellar network stands out as one of the top crypto coins to consider for investment.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
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