Cryptocurrency Market Update: Hedera (HBAR) Price Surges, KangaMoon (KANG) Offers 20% Bonus, Litecoin (LTC) Eyes $500 Breakout
KangaMoon (KANG): New Investors Get a 20% Bonus on All Purchases
Even with the bullish run of both Hedera (HBAR) and Litecoin (LTC), KangaMoon is set to rival both coins very soon. The play-to-earn platform looks to set the pace by offering many juicy rewards to users. At KangaMoon, users can engage in weekly, monthly and quarterly challenges and earn prizes and rewards.
So far, KangaMoon has boosted over 20,000 community members who have signed up on the platform. Also, more than 6,000 buyers have keyed into the presale. As an active member, you get rewarded with KANG tokens when you promote the project online. There is also a referral reward system for members who bring their friends.
KangaMoon has teamed up with Raid Sharks Bots to boost community engagement and make the ecosystem more lively. All members who participate will receive a massive $1000 reward pool. So far, the KangaMoon native token, KANG, is in the 5th stage of presale and sold for just $0.0196. Those who invest in the token today will enjoy a 20% bonus on their purchases.
KangaMoon has already raised over $5.6M and could reach $6M before the end of the month. With analysts predicting a 100x rally in the coming months, KangaMoon is now the hottest meme coin of 2024 and is set to surpass the achievements of Dogecoin, Bonk, and Shiba Inu. When considering the best cryptos to buy in Q2, KangaMoon should top your list.
Hedera (HBAR) Price Skyrockets Amidst BlackRock Tokenization Saga
Hedera Price has surged massively after traders misinterpreted news of BlackRock Money market fund tokenization on the Hedera blockchain. While the initial news suggested that Blackrock chose Hedera for the project, which was not the case, the blockchain trading and infrastructure firms Archax and Ownera have debunked the news. In a tweet, they said that the choice of selecting Hedera came from them and not from BlackRock.
Meanwhile, data from CoinMarketCap showed that amidst the latest news, Hedera’s price gained 66% in the past week and 45% in the past day. Also, the Hedera trading volume has surged by over 6000% in the past day, with the market cap hitting over $4.5B. While the coin has retraced after the news was clarified, analysts believe the Hedera price will hit $0.20 in May.
Litecoin’s (LTC) bullish rally continues, Is a $500 breakout Possible?
Litecoin is one of the top crypto coins on the market now. It has been on a bullish rally for some time, which has led to an inflow of investors. The latest Litecoin news has been positive, which might be the reason for the rally. A few weeks ago, it displaced other cryptos to become the most widely used crypto for payment in Bitpay.
According to data from CoinMarketCap, Litecoin’s price has increased by 11% in the past week. The Litecoin trading volume and market cap are surging, which could trigger another rally soon. Although the coin is trading below $100, some analysts believe a surge to $500 is possible in 2024.
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