The ongoing Bitcoin rally has put altcoin token holders on high alert. That's because the altcoin market rally always accompanies the Bitcoin rally. Ethereum (ETH), the popular altcoin, has been on a bullish momentum for days, which has led to speculations about its chances of hitting its all-time high record, which it witnessed in 2021. Meanwhile, KangaMoon (KANG), which started its presale in slow motion, is beginning to pick up, with analysts projecting a 1000% surge before the end of the year.
As the crypto market prepares for the bull run, some analysts are projecting massive rallies for top altcoins like Ethereum and KangaMoon (KANG). The KangaMoon, which started its presale a few weeks ago, has rewarded early investors with massive profits. The token presale, which started at $0.005, now trades at $0.01125, rewarding early buyers with 125% profits. Analysts have projected a 1000% rally in Q1.
The KangaMoon platform has raised over $950,000 in the ongoing stage 3 of the presale, with analysts projecting that it will hit $1M before the end of March. The KANG token, an ERC20 token, is sold for just $0.01125. A 10% bonus is given to investors who purchase the token. Some analysts who have seen the token's potential think the KANG price will hit $1 before the end of Q2. That is considering the project's surging momentum.
To further increase the popularity of the token, the team has announced plans to list the token in a major Tier 1 exchange platform. Meanwhile, token holders can boost their income by joining in community activities such as commenting on posts that promote the platform. The goal of KangaMoon is to build a community-driven ecosystem for meme enthusiasts.
For context, the KangaMoon platform will integrate P2E gaming with the social-fi community. As a community, there are various ways users can earn. The referral system allows users to invite their friends, and when they buy the token, they earn. Above all, now is the best time to buy the 2024 hottest memecoin, which analysts project will outshine popular meme coins like Dogecoin, Shiba Inu and Pepe in 2024.
Ethereum (ETH) is one of the top altcoins that has witnessed increased market activity in the past month. The Ethereum blockchain hosts numerous projects, which means that the ETH has a strong utility.
The ongoing crypto market rally has led to various speculations on Ethereum, with some analysts tipping it to hit an all-time high record. A look at the Ethereum price chart shows that it recorded an all-time high price of $4,891 on November 16, 2021.
Meanwhile, based on market stats, the Ethereum price has rallied by 59% in the past month and 15% in the past week. The token has established strong support at $3600. However, the battle lies in the $4,000 resistance trendline. A breakthrough could lead to a massive rally in the coming weeks. Some analysts think that at the current trajectory, the Ethereum price will reach $5000 in Q2, shattering its previous record.
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