Solana
Ripple CLO Bullish on SEC Case, CryptoJack Predicts Solana High, New Memecoin Shakes Up Crypto World
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Ripple CLO Expresses Confidence in Outcome of SEC Case; CryptoJack expects Solana to reach a new high, while KangaMoon is generating excitement in the crypto community.
Although the legal battle between the US SEC and Ripple has been going on for over two years, Ripple’s legal director sees Ripple emerging victorious. Meanwhile, a leading crypto analyst called CryptoJack asked his followers in a recent tweet to brace themselves as Solana could hit a new all-time high of $360 in 2024.
In addition, a new memecoin is attracting interest from the crypto community. This new memecoin, KangaMoon (KANG), is still in the pre-sale phase and has already reached various stages.
KangaMoon set to shake up the crypto space
The KangaMoon project is generating excitement among crypto traders and meme lovers. More than 22,000 members have joined the KangaMoon project, which offers a unique blend of play-to-earn (P2E) and social interaction. This renewed interest shows the growing confidence placed in KangaMoon.
By introducing P2E gaming where users can play games and earn rewards, adoption of its native token, KANG, is expected to increase as more users join the platform. KANG is the primary in-game currency that players can use to purchase in-game items and NFTs, making it a potential memecoin to invest in.
Additionally, the KangaMoon project is dedicated to the community and rewards loyal users with free KANG tokens before the official launch. They are also rewarded for their participation in KangaMoon’s publications on social networks. The community concept of this KangaMoon is a pioneer in the field of cryptography.
Priced at just $0.025 during stage 5 of its presale, those who purchased KANG tokens have already seen a 400% ROI. Still, analysts say more gains are to come and predict KANG price to reach $0.1.
Ripple CLO optimistic about winning SEC battle
Stuart Alderoty, CLO of Ripple, expressed optimism about Ripple (XRP) which is nearing the end of its legal battle with the US SEC. Winning the Ripple lawsuit could cause the price of XRP to end its current bearish streak and potentially make it one of the top altcoins to consider investing in over the coming weeks.
Ripple coin is trading below $0.550, dropping from a yearly high of $0.7300. The lawsuit could tip the scales in favor of the altcoin. Analysts predicted that a Ripple victory could push XRP price into the $0.800 price zone.
Solana expected to hit new high of $360
In a recent tweet, crypto expert CryptoJack pointed out that Solana (SOL) has shaped a “rounded bottom” pattern over the past few weeks, hinting at an imminent rise. The analyst predicts that Solana could easily surpass its previous all-time high of $260 this year, with an approximate peak of $360.
This type of bullish prediction places Solana among the altcoins to watch in the market. Solana price has been between $120 and $180 over the past month. Traders believe that Solana could trend upward if it manages to breach the $200 price zone in the coming weeks.
Conclusion
Ripple winning its year-long battle with the US SEC will be good news for the XRP coin, which suffered losses due to the prolonged lawsuit. While Solana’s value is expected to reach $360, KangaMoon could reach $0.1. This bullish project makes Solana and KangaMoon one of the promising altcoins in the crypto market. For more information about KangaMoon, visit official site or join the Telegram Community.
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