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Lookonchain Reports Massive Whale Sell-Off for Dogwifhat, Polkadot Dips As KangaMoon Gears Up for Further Rally

April 21, 2024 By Crypto Reporter PR

These top crypto coins, including KangaMoon (KANG), Polkadot (DOT) and Dogwifhat (WIF), are in the news for their recent developments. KangaMoon’s presale project is attracting attention with its 290% ROI for early investors. At the same time, Polkadot network partners with Talisman to introduce a new quests app. Meanwhile, Dogwifhat is facing challenges in its price performance, with the community hopeful for a rebound despite reports of a significant token sell-off.

KangaMoon (KANG) Aims to keep Rallying in its Presale Project

The fifth presale stage of KangaMoon (KANG) is selling out faster than expected, rewarding early buyers up to 290% return on investment. At this pace, analysts predict that KangaMoon’s growth could surpass meme coins like Dogwifhat once it launches. Beyond its presale revenue, investors view this upcoming top meme coin as a community-driven platform with easy-to-use features for all users.

In particular, KangaMoon offers a fun-filled ecosystem dubbed “Kangaverse” where users and traders can both enjoy its P2E games and earn rewards while at it. With its Play-to-Earn approach, users can join battle contests, place bets, and participate in periodic challenges to win various rewards. These rewards, including the KANG token and valuable in-game items, can also be traded on the platform’s marketplace.

Meanwhile, KangaMoon now boasts a rapidly-growing community of over 20,000 registered members, including over 6,000 token holders; and the best part is that more people are expected to join when the native KANG token is fully available in the meme coin market. The presale itself is doing exceptionally well, with the KANG price increasing from an initial price of $0.005 to $0.0196 in the current stage.

Furthermore, this relatively new presale token has now raised over $4.9 million so far, and it’s expected to reach $7 million by the end of the month. With the KANG token growing at an unprecedented rate, analysts think it could surge by 1000% and reach $0.5 soon after launch on top-tier exchange platforms.

Polkadot (DOT) Forms Partnership With Talisman on its Network

Polkadot, known for its ability to connect different blockchains, has experienced a drop in its weekly price by over 21%, slipping below $9 to about $7. Similarly, its monthly chart has also taken a hit, declining by 31.61%. This downturn shows a whole market correction, far from earlier predictions of a strong recovery on its network.

Recently, Polkadot network unveiled a new quests app by Talisman in an X post. This collaboration allows users to embark on a Web3 adventure within the Polkadot ecosystem, engaging in challenges and earning points. Introducing this exciting app could lead to new price highs for Polkadot as more users actively participate within the platform.

Will Dogwifhat (WIF) Reclaim its Monthly Peak of $4.8 in the Coming Weeks?

The past week has been tough for the Solana-based meme coin Dogwifhat (WIF), with the price dropping from $1.9 to $4.3 in seven days, losing almost 30% of its value. Regardless, there’s been some improvement, with the price increasing slightly to around $2.89 due to increased demand.

Dogwifhat’s market cap reached $2.8 billion, making it the 41st largest cryptocurrency. And even with recent struggles, the WIF community is hopeful and aims to push its price back to $4.8. Meanwhile, in a recent X post by Lookonchain, there have been reports of big sales of WIF tokens, indicating possible panic selling and suggesting that Dogwifhat’s price might drop further.

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.

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