Exciting news in the world of Bitcoin reveals that the NFT sales volume for the leading cryptocurrency has reached a staggering $4 billion, surpassing even other popular altcoins like Ethereum, Solana, and Ronin. Meanwhile, the emergence of the new altcoin KangaMoon has caused quite a stir, with prices expected to skyrocket following its debut, despite already seeing a 400% gain during its presale. Let’s delve into the reasons behind this.
KangaMoon Emerges as a Promising Altcoin to Keep an Eye On
Having raised over $7.9 million in presale revenue, KangaMoon (KANG) continues to make waves in the cryptocurrency realm. With a growing number of traders and cryptocurrency enthusiasts jumping on board during the bonus phase, it’s clear that the unique dual-niched network is gaining popularity. KangaMoon aims to create a sustainable environment where users can thrive and earn money effortlessly by blending elements of SocialFi and GameFi.
In particular, the upcoming “Kangaverse” platform from KangaMoon introduces a special Play-to-Earn mechanism, offering users and traders the opportunity to earn money. Through battle-themed competitions, speculative betting, trading in-game assets, and exclusive giveaways, players can win prizes in the form of KANG, the network’s native token, and other valuable assets.
With an impressive performance during its presale phase, KangaMoon has amassed over 32,000 registered users, including 10,000 token holders. Furthermore, a recent partnership with RaidSharkBot aims to expand market reach and community engagement, solidifying its presence in the crypto market and beyond.
Despite still being in its bonus presale phase, the native KANG token has experienced a significant price surge, rising from $0.005 to $0.025, resulting in a 400% gain for early token purchasers. As KangaMoon continues to grow, prospective buyers are presented with a favorable entry point, especially with listings on CoinMarketCap and CoinGecko, and an upcoming listing on BitMart.
Bitcoin NFTs Reach a New Milestone
Recent data from CryptoSlam indicates that the total sales volume of NFTs on the Bitcoin blockchain has surpassed $4 billion, with $82 million in wash sales and $3.97 billion in NFT sales. Despite leading in 30-day volumes, Bitcoin NFTs rank fourth in terms of sales volume among blockchains. Additionally, the Bitcoin price has seen a 3% increase in the past week, hovering above $69K as holders anticipate reaching a new all-time high soon.
Ethereum Sets Sights on New ATH
The Ethereum price is nearing $4,000 and is eyeing a new all-time high, fueled by speculation of a potential surge following a recent ETF approval. Currently valued at $3,777, Ethereum’s 24-hour trading volume has declined to $12.2 billion. Despite this, the market capitalization of Ethereum stands at $453.5 billion, showcasing strong financial activity with a record high of $47 billion in total value locked in Layer-2 networks.
Solana Price Analysis
After consolidating for over a month, Solana (SOL) broke through key resistance levels and is now on track to reach $216. The Solana coin has experienced a 13.42% increase in the last 30 days, trading at $166 after overcoming selling pressure. The price is likely to move towards the $216 resistance level if it maintains support above $164.50.
Ronin Price Prediction
According to a recent forecast, the value of Ronin is expected to decrease by 10.33% and reach $2.78 by July 4, 2024. Technical indicators suggest a bullish sentiment, with a projected rise to $5.5 in 2025. Investors are advised to consider purchasing Ronin at this time.
The Rise of KangaMoon and Other Altcoins
Analysts predict a bright future for KangaMoon, expecting it to reach $1 by the year’s end. With listings on BitMart and other exchanges, KangaMoon is poised to compete with other top altcoins. Don’t miss out on the exciting opportunities presented by the KangaMoon (KANG) presale today!
Explore the world of KangaMoon at https://Kangamoon.com/ and join the Telegram community at https://t.me/Kangamoonofficial.
