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Why Traders Are Fixated on This New Altcoin and Are Ditching Others

July 22, 2024 By Crypto Reporter PR

Traders in the crypto market always seek the next big opportunity. Recently, KangaMoon (KANG) has established itself as the new altcoin that has captured the interest of traders who have begun to turn away from Pepe (PEPE) and Ethereum Name Service (ENS).

This rookie has recently seen some major Tier-1 exchange listings, which could trigger a 50x rally soon. Keep reading to find out more.

KangaMoon (KANG): A Future Member of the Top 10 Altcoins

KangaMoon (KANG) has been making headlines in the altcoin space. Recently, BitMart and MEXC announced that they have listed this crypto on their exchanges. With this development, countless new traders can access this altcoin, capturing major attention in the sector.

For example, the KangaMoon presale was one of the hottest presales of 2024 – raising over $8M and 32K registrations. Not only that, this altcoin’s price increased from $0.005 to $0.025 – a 400% growth. KangaMoon costs just $0.05 – a 900% ROI for those who bought it early on. Global traders are happy with this community-driven project.

At its core, KangaMoon taps into the P2E gaming industry, which is projected to be worth $8856M by 2028. It accomplishes this by combining P2E gaming elements with SocialFi. Thus, KangaMoon lets users participate in tournaments to win free KangaMoon tokens. The most active community members also get rewards such as free tokens.

Due to all these reasons, market analysts remain bullish on KangaMoon’s long-term growth potential. In fact, they predict that the KangaMoon price may surge 50x once another Tier-1 CEX lists it in Q3 of 2024. Even popular influencers like YouTuber Michael Wrubel believe that KangaMoon could soon become one of the best altcoins.

Pepe (PEPE): An Altcoin That Continues Growing

Pepe (PEPE) is another altcoin to watch. Recently, crypto analyst Brian Garrett made a noteworthy observation. In his X post, he stated that PEPE has flipped Binance Coin in terms of daily volume and Binance Coin has a 17x market cap than PEPE. This is a big milestone as it shows the potential of the Pepe coin.

This bullish Pepe news may trigger a rally for this crypto. Speaking of which, the price of this altcoin rose nearly 630% in the past year alone. Additionally, the Pepe coin now trades above its 21- and 50-day EMAs while having 26 green technical indicators. Thus, experts in the crypto field foresee Pepe reaching a value of $0.0021 before Q3 of 2024 ends.

Ethereum Name Service (ENS): Major Analyst Makes a Bold Prediction

Ethereum Name Service (ENS) has also been making waves in the altcoin space. CoinMarketCap data shows that the Ethereum Name Service price surged by over 170% in the past year alone. Crypto analyst Poseidon remains bullish for this altcoin. According to his X post, the price of ENS has the potential to reach $100, and there is no stopping it.

The technical analysis for the Ethereum Name Service coin also supports this statement. For instance, around 26 technical indicators are in the buy zone while ENS trades above its 50 and 100-day EMAs. As a result, market analysts have made a bullish Ethereum Name Service price prediction – reaching $34 within Q3 of 2024.

Why Are Pepe and Ethereum Name Service Traders Turning to KangaMoon?

Compared to Pepe and Ethereum Name Service, KangaMoon has a drastically lower market cap, connections to a flourishing billion-dollar market and a community-driven focus. In other words, this altcoin has the potential to surge at a faster pace while also remaining more stable in the long run.

Discover the Exciting Opportunities of KangaMoon (KANG) Today!

Website: https://Kangamoon.com/

Join Our Telegram Community: https://t.me/Kangamoonofficial

Buy KANG: MEXC, BitMart, Uniswap

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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