Top 3 Crypto Coins In the Spotlight: Immutable (IMX), Stacks (STX) and KangaMoon ($KANG)

The post Top 3 Crypto Coins In the Spotlight: Immutable (IMX), Stacks (STX) and KangaMoon ($KANG) appeared first on Coinpedia Fintech News

The cryptocurrency market sees new tokens emerge every day with the promise of rising above the ranks. This has made it a herculean task for traders and crypto enthusiasts to determine which token would rise. However, with extensive research, analysts have identified some tokens currently in the crypto spotlight. Tokens such as Immutable (IMX) and Stacks (STX) have garnered widespread attention, attracting traders and crypto enthusiasts to their network. Aside from this, new entrant, KangaMoon (KANG) has proven to be an upcoming giant with the potential to multiply gains and redefine the meme coin market. 

Analysts Bullish On Stacks (STX) After Recording 200% Yearly High

Since its establishment in 2017, Stacks (STX) has been a formidable force in the cryptocurrency market. Known as an open-source blockchain network, Stacks allows smart contracts to be built on the Bitcoin blockchain, emphasizing the security and privacy of assets. 

In the last year, Stacks has proved its mettle after recording a whopping 200% plus increase in value. However, amidst the recent market downturn, the token has gone down 18% in the last month. Also, the token has witnessed a decline of about 11% in the last 7 days. Currently trading within a weekly price range of $2.75 and $2.47, analysts believe that the incoming bull run would see the native Stacks token rise and surge in value.

Immutable (IMX) Exhibits Bullish Tendencies Despite Bear Market

Similarly, Immutable (IMX) has witnessed a significant surge in the last year, rising by over 96% in the last year. The token, however, has suffered a decline of about 22% in the last month with 14% in the last 7 days.

However, the token looks to be setting up for an upcoming high, with its market cap and trading volume on the rise. Currently trading within a weekly price range of $2.38 and $2.05, Immutable boasts a market cap of nearly $3B. While it continues to perform in the broader cryptocurrency market, analysts are projecting a coming surge shortly 

KangaMoon (KANG) Attracts Crypto Traders With Successful Presale 

Since the beginning of its presale phase, KangaMoon (KANG) has climbed the ladder of success, exhibiting immense potential to become one of the top cryptocurrencies in the meme coin market. With innovative features and an emphasis on community building, KangaMoon intends to create a budding environment dubbed “Kangaverse” for users and gamers to thrive. 

By integrating SocialFi and GameFi elements into its network, KangaMoon has birthed an interactive ecosystem that not only allows users to enjoy an immersive gaming experience but also gives them a chance to earn from it. Currently in the fifth stage of its presale campaign, KangaMoon has surpassed expectations after crossing a whopping $5M in presale revenue. 

At this pace, analysts are touting it to reach $7M before the end of the month. Meanwhile, KangaMoon ongoing presale has already awarded early buyers with a whopping 290% return on investment after its price surged from an initial offering price of $0.005 to $0.0196. Besides, users can also earn free KANG tokens ahead of the official launch by engaging and sharing posts on the token’s social media platform. 

With an emphasis on community building, KangaMoon currently boasts of a rapidly growing community of over 20,000 registered users, including over 6,000 token holders.  As the presale draws close to an end, coupled with an anticipated listing on major tier-1 exchanges come the end of Q2, analysts are touting the KANG token to potentially surpass the $1 price mark before the end of the year. 

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

Website: https://KangaMoon.com/

Join Telegram Community: https://t.me/KangaMoonofficial