The post On Chain Data Suggests KangaMoon Price Could Overtake Ripple Soon, Is This Possible? appeared first on Coinpedia Fintech News
Ripple (XRP) is making headlines as with XRPL Labs, they joined the DecRec Alliance, a digital asset recovery protocol. This collaboration aims to streamline lost crypto recovery in Web3 for non-crypto experts. While this is bullish news for the XRP crypto, on-chain data hints at a potential power shift. KangaMoon (KANG) has recently skyrocketed by 400%, sparking trader interest.
To determine which crypto has the bigger surge potential we will go over their on-chart performance. By the end, will determine which is the best cryptocurrency to invest in.
Ripple (XRP) Joined the DecRec Alliance to Streamline Lost Crypto Recovery
Ripple (XRP) on-chart performance is bullish as the crypto broke past the major $0.50 price barrier. It is now attempting to reach new ground. The major catalyst for its growth is the recent Ripple and XRPL Labs partnership, where they joined the digital asset recovery protocol DeRec Alliance.
Through this initiative, they will attempt to standardize and expedite how digital assets can be recovered in Web3, for non-crypto experts especially, which can result in higher usage of the Ripple crypto, making it a solid cryptocurrency to buy. While the overall Ripple price performance is bullish and its value is green year-to-date (YTD), the crypto still needs to appeal to whales in order to reach further gains. According to the Ripple price prediction, the furthest point it can reach during 2024 is at $0.73.
KangaMoon (KANG): Soaring Presale, Booming Community and 100x Upswing Potential
KangaMoon (KANG) is a project that’s already seeing huge success even during its presale. The project fueled by its robust ecosystem and thriving community of over 20,000 strong. Notably, over 6,000 users now hold the KANG crypto, which showcases a strong signal of investor confidence in the future of the project. In addition, the presale has surpassed an impressive $6.6 million. It is projected to move past $8 million by the end of the week, driven by the massive demand for the token.
While Stage 5 of the presale concluded, the team has launched a limited-time Bonus presale round. This gives new users a chance to grab KANG tokens at a discounted price and increase their holdings before its value explodes. The KangaMoon project has seen a lot of appeal as it puts its focus on long-term consistency and appeal, with its entry into the booming Play-to-Earn (P2E) market. This helps it differentiate itself from speculative projects, as its native KANG token provides massive utility. Players control their characters and can engage in tournaments or battles to accumulate even more KANG. This way, they accumulate NFTs that can also be resold in the dedicated Marketplace, where KANG is used for transacting.
Another key feature is its innovative Social-FI model. Users get rewarded with free KANG tokens by being active on social media platforms. During the current Bonus Round of the presale, KANG trades at $0.025, a reflection of a 400% price increase from its initial starting value of $0.005. Analysts are bullish on its future, and project that the crypto can climb by a mind-blowing 100x following its launch and major exchange listings, expected to occur in Q2, 2024. This makes KangaMoon the best cryptocurrency to invest in during 2024 and beyond.
Summary
While Ripple’s recent partnership could bring much-needed security and recovery opportunities in Web3, it’s clear that KangaMoon has gained the most attention with its innovative feature set. As a result, many see it as the best cryptocurrency to buy, as it can break new ground and become a dominant force in the industry.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Telegram Community: https://t.me/Kangamoonofficial
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