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Crypto Reporter

Online magazine about cryptocurrencies, NFTs, DeFi, GameFi and other blockchain technologies

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BlackRock’s Impact on Crypto: Hedera Price Fluctuates,Theta Network and KangaMoon Can Pass It

April 29, 2024 By Crypto Reporter PR

The crypto market will soon head towards tokenized assets, as evidenced from the most recent developments. It became clear that BlackRock has no commercial relationship with Hedera (HBAR), and that it did not choose the Hedera Hashgraph to tokenize BlackRock funds. Archax CEO Graham Rodford also clarified later that it was his firm’s decision to put shares of BlackRock’s money market fund on Hedera.

Despite this, the HBAR crypto has rallied 40.8% within a single week and could soon reach new heights. Alongside it, Theta Network (THETA) also displayed major on-chart performance as its price surged 136.4% within the past year.

Despite their success, the most significant attention is heading towards KangaMoon (KANG) as it has risen 290% within the past trading sessions and is positioned to spike 100x following its launch and major exchange listing. We will go over all three to determine which is the best cryptocurrency to buy now.

Theta Network (THETA) Surges 136.4% – Price to Reach $2.75 by Q4

Theta Network (THETA) has gone into the green zone, and according to the year-to-date (YTD) chart its price has gone up 136.4% during this time-frame. Moreover, within the span of the last week, the Theta Network price has gone up from $2.04 to $2.53, and this signifies a surge of 16.6%.

Moreover, the RSI and MACD data for the Theta Network crypto are now bullish, and based on the Theta Network price prediction, the crypto can reach as much as $2.75 by the end of the year, positioning it as one of the biggest gainers, making it the best cryptocurrency to buy now.

Hedera (HBAR) Has No Commercial Relationship With BlackRock – Price Still Set to Surge

Hedera (HBAR) recently soared on a mistaken BlackRock link. Specifically, the crypto has gone up as traders initially believed that BlackRock was involved in a fund tokenization project on top of the network.

However, it recently was confirmed that they have no commercial relationship with the network, but despite this, the Hedera price surged 40.8% within a single week. As for the Hedera crypto’s YTD climb, it’s up 88.4%, and at this rate has the potential to see far more significant gains. Based on the weekly chart, the crypto spiked from a low point of $0.07995 to a maximum price at $0.1761, and based on the Hedera price prediction, it can end 2024 at $0.1352, positioning it as the best cryptocurrency to invest in.

KangaMoon (KANG) Announces Major Partnership and Can Spike 100x

KangaMoon (KANG) is another cryptocurrency that is set to spike following the most recent market narrative and momentum. Specifically, the KangaMoon presale has already raised over $5.8M and will raise $6.5M by the end of the upcoming week. Moreover, its price has gone up from $0.005 to a maximum price of $0.0196, indicating that a 290% surge occurred.

The key catalyst for this growth is the KANG token’s utility. The KangaMoon ecosystem comprises a community-driven approach, Social-Fi elements and a Play-to-Earn (P2E) game. The token will be used in the game, as with it players get the opportunity to buy NFTs, upgrade their in-game characters, and even have better opportunities to win.

Alongside this, they can then engage in tournaments or battles, and by winning can get even more tokens and other rewards. Recently, the team partnered with RaidSharks to boost the community engagement and will offer thrilling raids with $1,000 in monthly reward pools. Over 20.000 users have already signed up for the platform, and according to analyst projections it can spike 100x following its launch and major exchange listings.

Summary

It’s clear that Theta Network and Hedera have both showcased bullish momentum, and if the future of the industry is within tokenized assets, they can become even more major networks. In the meantime, those looking for high-ROI opportunities have dived into KangaMoon as its in the blockchain ICO phase and can provide substantial gains, making it the best cryptocurrency to invest in.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Our Telegram Community: https://t.me/Kangamoonofficial

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

Filed Under: Press Releases

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