Cardano VS Ethereum and KangaMoon: Which Coin Will OutPerform The Broader Market in 2024

The post Cardano VS Ethereum and KangaMoon: Which Coin Will OutPerform The Broader Market in 2024 appeared first on Coinpedia Fintech News

Being quite a volatile market, the crypto industry has been facing price variations that have been causing a ripple within different cryptos. Some of the cryptos that seem to stand out include Cardano, Ethereum, and the new crypto that has been causing a buzz among investors, KangaMoon (KANG).

With a final presale stage, KangaMoon has joined the competition to be listed among the best meme coins to invest in. This outstanding crypto has raised over $5 million in presale, to hit the $6 million target by the end of April.

Cardano (ADA) Surges 500% in Fund in a Bulls Take-Over

Cardano (ADA) is emerging as a frontrunner within the cryptocurrency market, having witnessed a surge of over 500% in fund flows within the past seven days. The weekly report fund flows of the Cardano coin indicated that it has reached a remarkable $1M mark, which marks a significant shift among the Cardano coin investor’s sentiments as it becomes the 10th largest crypto in terms of market cap.

The rally in investment comes at a time when the price of Cardano is trading at around $0.44 and $0.50, according to CoinMarketCap. Since the start of 2024, a total of $7 million seems to have flowed into Cardano-oriented investment products, something that positions Cardano as one of the best altcoins to invest in. Moreover, the price prediction of Cardano coin seems to be positive, with many analysts predicting it could surge even higher in 2024 to become the best cryptocurrency to invest in.

Ethereum (ETH) Sees A Notable Price Increase 

Ethereum (ETH) is experiencing a significant price surge of over 3.66% within the past one day. With the price of Ethereum standing at around $3,100 according to CoinMarketCap, this upward trajectory within the Ethereum market is closely associated with the reactivation of a wallet that has been inactive for quite some time, almost 8.7 years to be specific. This event captured the attention of many crypto investors feeling different speculations regarding the owner of the Ethereum coin wallet identity and their motives.

The reactivated wallet holding at least 197 ETH, valued at around $622,685, is becoming a focal discussion point among most crypto enthusiasts and analysts. According to analysts, the activation of the dominant Ethereum coin wallet simply coincides with other notable market activities, including a positive price prediction for Ethereum.

KangaMoon (KANG) Presale RecordsImpressive Performance 

KangaMoon (KANG) is on its way to carving a unique niche within the SocialFi and GameFi sector, something that has seen it gain over 20,000 registered users. The platform will also incorporate play-to-earn features where players can easily create characters and engage in gaming contests while actively influencing its growth. This rising KangaMoon popularity highlights a significant potential for the value of the KANG tokens as the platform continues to evolve.

Since the start of KangaMoon’s firth presale stage, the KANG token has managed to break the $5 million revenue mark and is set to hit the $6 million by the end of April 2024. Having surpassed most of the predictions, KangaMoon’s success is also attributed to its rapidly growing community and token holders that exceed 6000 holders.  KangaMoon is also positioned for further adoption within the meme coin market, with its outstanding “Kangaverse ” ecosystem. Moreover, beyond its battled-themed gameplay, KangaMoon also rewards its users with KANG tokens as well as other high-value collectibles.

KangaMoon will also reward its active social media users with the intention of fostering a vibrant community. Given its unique model, analysts are projecting a 100x growth trajectory for this meme coin by the time it’s listed among the tier! exchange platforms within the second quarter of 2024.

So far, the KangaMoon token price has surged to $0.0196, offering early investors a 290% ROI. However, such remarkable growth is simply a glimpse of what is to come, as analysts predict that the token might give investors a 500% ROI by the time KANG launches within the DeFi market.

Conclusion 

As much as Cardano and Ethereum might have a strong foundation over KangaMoon, this meme coin crypto still stands out, considering its low market cap. This means that KangaMoon is on a better trajectory to becoming the best meme coin of 2024.

Discover the exciting opportunities of the KangaMoon Presale Today! 

Website: https://kangamoon.com/

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