According to Standard Chartered Bank, Bitcoin (BTC) is set for a rise to $100k in the coming months. Meanwhile, the Polkadot (DOT) community is rolling out new functionalities, enabling a self-custodial wallet inside Telegram. In another development, KangaMoon (KANG) is one of the new meme tokens currently dominating the market. Having reached stage 4 of the presale, the project is poised for a huge rise soon.
KangaMoon (KANG) Zooms to Stage 4, Sells at $0.014
As Bitcoin and Polkadot are preparing the grounds for anticipated surges, KangaMoon is offering an easy path into the $200B NFT market. By combining social interaction and elements of play-to-earn gaming, KangaMoon is bringing new gaming ideas to the crypto market.
Gamers can engage in weekly, monthly, and quarterly challenges and earn significant rewards by winning. The spectators can also profit by speculating and betting on the outcome of matches. The KangaMoon presale is currently in the fourth stage and has attracted a significant chunk of investors. Presently, the project has raised over $2.8M in presale which indicates its acceptance among traders.
Traders can purchase the ERC20 token KANG at $0.014 and earn a 10% bonus deposit. The project is Ethereum-compatible and has earned accolades across the crypto market. With the meme coin frenzy aiding the progress of the token, early investors have earned about 180% returns. As the market fully integrates with the bull run, analysts forecast a huge rise for KangaMoon.
The project will list across tier 1 exchanges by the 2nd quarter of 2024 and holders of the KANG native token can earn more in the presale by commenting on posts and sharing the platform tweets. As one of the new meme tokens with actual utility, analysts believe KangaMoon could break out like Pepe and trade at $1 by the end of the year.
Amidst Decline, Analysts Predict Bitcoin Rise to $100k
Moments after hitting the all-time high of $73k, Bitcoin (BTC) was hit by a severe bearish resistance, pulling the token down considerably in the past week. From the high of $73k, Bitcoin price is now trading below the $65 mark with a 6% loss in the past week. Although Bitcoin has a 132% year-to-date increase, its present decline is a concern.
Bitcoin has also suffered from bearish sentiments with the market cap and trading volume experiencing a slight decrease in the past few days. Despite the current setback, some analysts are backing Bitcoin to surmount the challenges. Standard Chartered Bank has maintained its prediction that Bitcoin price will hit $100k from April. That is likely after the Bitcoin halving.
Polkadot Gets A Telegram-Enabled Wallet
As part of further growth in its ecosystem, Polkadot (DOT) has got a new Telegram-enabled wallet called Telenova. Developed by NovasamaTech, Telenova will be a self-custodial wallet, directly running inside Telegram and powering users’ transactions.
Every key transaction feature is available on Telenova including send, receive, buy/sell, and more. With this, users can seamlessly manage their Polkadot token, get notifications, and convert their DOT token to fiat currency. With all the features of the Polkadot ecosystem available in Telenova, users can now enjoy a trading experience on Telegram.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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