KangaMoon (KANG) is currently dominating the DeFi market. In Stage 1 of its presale, it has already raised close to $100,000 so far. Furthermore, analysts have it pegged as the next 100x meme coin in 2024. With such high market momentum, it may outshine Immutable (IMX) and Solana (SOL). Let’s find out why.
KangaMoon (KANG): The Most Active Meme Community
KangaMoon (KANG) takes a different approach to meme coins. It will combine Social-Fi and Play-to-Earn (P2E) game elements to create a community-driven DeFi project. The project’s core is its P2E game, where users can create their unique characters and engage in battle. As you win, players will earn in-game items as well as cryptocurrencies.
KangaMoon is looking to build the most active meme community. So, it has included many ways for users to participate. To make it even more interesting, the game is set up so spectators can join the fun. They can accomplish this by placing bets on matches and winning valuable prizes.
Holders of the KANG token get rewarded through weekly, monthly, and quarterly challenges. It’s not just a pat on the back though. They get additional tokens or in-game items to sell on the KangaMoon marketplace for extra income.
The KANG token only costs $0.005 during Stage 1 of its presale. People are hyped up about it. If it goes as well as Dogecoin or Shiba Inu, this meme coin will see a surge of over 100x when it hits exchanges in Q2 2024.
Immutable (IMX): New Integration with Sphere
Recently, Immutable (IMX) has also been making headlines. Notably, Immutable announced a new integration with Sphere. With this development, every game that launches on the Immutable zkEVM will go live on the Sphere marketplace.
This Immutable news may trigger a rally for this crypto. Over the past week, this altcoin’s value has increased from $2.01 to $2.21. In that period, its market cap has jumped from $2.72B to $2.99B. Not only that, the sentiment is bullish for Immutable. For instance, 25 technical indicators are showing green.
Because of this, experts forecast a pump of $2.50 for IMX in March 2024.
More Crypto Online with a Solana Price Prediction
Meanwhile, the crypto analyst behind the More Crypto Online YouTube channel made a forecast for Solana (SOL). According to his new YouTube video, the Solana price may hit $136 soon.
CoinMarketCap data shows that the Solana crypto has traded between $96.16 and $94.34 in the past 30 days. During that time, its market cap has pumped from $41.53B to $41.90B.
Sentiment for this altcoin is bullish as well since its Fear & Greed index rating sits at 64 (Greed). Additionally, Solana is still trading above its 50 and 100-day EMAs. As a result, market analysts predict that SOL will hit the $108 level in March 2024.
What Gives KangaMoon the Edge Over Immutable and Solana?
When looking at these altcoins, it is clear that KangaMoon stands out. Its low market cap of $5M lets it surge rapidly because fewer new funds are needed. Thus, KANG will provide faster returns than both Immutable and Solana. This fact, plus its ties to the multi-billion dollar P2E NFT game market, make KANG the top meme coin to buy for fast returns.
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