The latest Bitcoin news highlights that the NFT sales volume of the leading cryptocurrency has reached a record-breaking $4 billion, surpassing the sales of popular altcoins like Ethereum, Solana, and Ronin. In the midst of this, the newly launched altcoin KangaMoon is poised for a significant price surge following its impressive 400% gain in the ongoing presale. Let’s delve into the reasons behind this.
KangaMoon Emerges as a Leading Altcoin to Watch
With a presale revenue exceeding $7.9 million, KangaMoon (KANG) has been making waves in the cryptocurrency sphere. As more traders and crypto enthusiasts join the token’s network during its bonus phase, it is evident that this dual-niche platform is gaining popularity. KangaMoon aims to create a sustainable ecosystem where users can thrive and earn money effortlessly by merging elements of SocialFi and GameFi.
Of particular interest is the upcoming “Kangaverse” platform by KangaMoon, which utilizes a unique Play-to-Earn mechanism to offer users and traders an opportunity to make profits. Users can engage in various activities such as competitive battles, speculative betting, asset trading, and special giveaways to win prizes in the form of KANG tokens and other valuable assets.
With over 32,000 registered users, including 10,000 token holders, KangaMoon has shown remarkable performance during its presale phase. Moreover, the recent partnership with RaidSharkBot aims to expand its market reach and community engagement, paving the way for broader influence in the crypto market and beyond.
Despite being in the bonus presale phase, the native KANG token has witnessed a significant price increase, soaring from $0.005 to $0.025. This surge has provided early KANG token purchasers with over 400% gains, making it an attractive investment opportunity. As the token continues to gain momentum, prospective buyers can capitalize on the growing trend, especially with listings on CoinMarketCap and CoinGecko, and an upcoming listing on BitMart.
Bitcoin NFTs Reach a Historic Milestone
Recent data from CryptoSlam on June 4th revealed that the total sales volume of NFTs on the Bitcoin blockchain has surpassed $4 billion, with $82 million in wash sales and $3.97 billion in NFT sales. Despite leading in 30-day volumes, Bitcoin NFTs rank fourth in terms of sales volume across blockchains. Meanwhile, the price of Bitcoin has risen by nearly 3% in the past week, with optimism among holders anticipating a new all-time high.
Ethereum Aims for New All-Time High
The Ethereum price is nearing $4,000 as it sets its sights on a new all-time high, driven by speculation surrounding recent ETF approval. Currently valued at $3,777, Ethereum’s 24-hour trading volume has declined, but the optimism surrounding institutional investments remains high, especially with the growing approval of ETFs.
Solana Sees Price Breakout
After a period of consolidation, Solana (SOL) broke through the $164.50 resistance level, setting its sights on $216. Despite experiencing selling pressure, the price of Solana has increased by 13.42% in the last 30 days, positioning it for further gains if it maintains support above $164.50.
Ronin Price Predictions
According to recent forecasts, Ronin’s price is expected to decrease by 10.33% and reach $2.78 by July 4, 2024. Technical indicators suggest a bullish sentiment, making it an opportune time to invest in Ronin. Looking ahead, the price of Ronin is projected to reach $5.50 in 2025, presenting a potential gain of 77.4% compared to its current price.
Will KangaMoon’s Price Surge Match Other Top Altcoins?
Analysts are bullish on KangaMoon’s future trajectory, predicting a price target of $1 by the end of the year. With listings on BitMart and other major exchanges, KangaMoon is poised to compete with the top altcoins in the market. Explore the exciting opportunities of the KangaMoon (KANG) presale today!
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Tags: BTC, ETH, SOL
