Memecoins
New memecoin gains traction amid boom in AI-powered cryptocurrencies
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While Render and Near Protocol are currently trending, KangaMoon has a better chance of attracting investors.
Lately, the cryptocurrency market has seen the growth of AI tokens with Render and Near Protocol, some of the tokens that have gained recognition. However, despite this dominance, they may still lag behind KangaMoon (KANG) in terms of courtship attractiveness. The new memecoin has created a lot of excitement among admirers, even going as far as giving a remarkable return on investment to increase their earnings. Let’s explore KangaMoon and find out why it is one of the trending memecoins.
KangaMoon will be the face of memecoins in 2024
While Render and Near Protocol are driving the growth of AI tokens, KangaMoon could be the next token to thrive, having earned the status of one of the best new memecoins to invest in 2024. KangaMoon is a new utility-based meme coin that solves the common problems problem associated with memecoins which is lack of utility. To solve this problem, KangaMoon integrates both SocialFi and GameFI, allowing users to enjoy the best of both worlds.
By participating in the platform’s numerous gameplay and social activities, users are entitled to obtain rewards from the 250 million tokens to be distributed as in-game prizes. With an all-encompassing ecosystem, KangaMoon is a connection point for memecoin lovers and investors. With these amazing features, many users and investors have registered their interest in this new memecoin.
Currently, the members of the KangaMoon community are almost 30,000 and the holders of the native token are approaching 10,000. Additionally, the platform has generated over $6.8 million in pre-sales, making it one of the memecoins to ever achieve the feat. Every day, investors track KangaMoon’s trajectory and are fascinated by its growing ROI, which is now up 400%.
The platform has indicated its listing on BitMart, the first centralized exchange to publicly announce its plan to list KANG. Currently, KANG is available at $0.025. As we move towards the bull run, market forecasters predict that KangaMoon could reach 1000% ROI.
The Render token fights the $11.3 resistance level
Render is one of the AI tokens that have started to pump in recent weeks. Just last month, the Render pumped by 24% while investors renewed their optimism. A similar trend is also seen in Render’s market capitalization, which is now set to surpass $4 billion.
However, the battle area for Render is the next resistance level, which sits at $11.3. Analysts expect that a market correction could occur in the coming days which could slow down the price trend of Render. After this pause, analysts expect the Render coin to break through the resistance trap and then recover.
The price close to the protocol is on the verge of reaching $10
As AI tokens continue to gain traction, Near Protocol has seen exponential growth. Over the past 30 days, the Near Protocol coin has grown more than 50% with the token surpassing $1 billion in trading volume, according to market data. Likewise, Near Protocol’s market capitalization is set to surpass $9 billion, indicating the dominance of bulls.
The near-protocol retreat into the $0.65 demand zone is a further indication of the dominance of the bulls. With the token on the verge of settling into the $8.5 support zone, the next few weeks could see the price of Near Protocol surpass the $10 mark.
For more information about KangaMoon, visit Official site or join Telegram community.
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