Arweave and KangaMoon are turning heads in the crypto market as their prices skyrocket on the price charts. According to price data, both altcoins have recorded price increases of over 500% and 400%, making them the best altcoins to invest in. The price of AR has been increasing along with its network activity, while KANG has piqued the interest of investors with a new SocialFi concept.
Arweave (AR) is one of the most bullish altcoins in the market right now. Information from CoinMarketCap shows that the price of Arweave has increased by 54.42% in the past month. Besides, the token has gone up 551.62% on the yearly chart.
The last increase in the value of AR confirms its place as the top decentralized data storage platform. The main reason for the Arweave coin rally that has shaken the crypto market is the listing on Coinbase futures.
Coinbase, in a tweet on May 2nd, stated that it has now added Arweave perpetual futures to its platform. Apart from that, the network activity has also hit a milestone. According to Arweave's new report, it registered more than 700 million transactions in April.
The project is looking forward to hitting the 1 billion milestone before the end of May. The more people use and are active on the network, the more AR tokens are needed, as they are the main currency to pay for storage. Hence, Arweave is one of the best altcoins to invest in.
KangaMoon (KANG) has garnered massive attention from analysts and investors within the crypto community. Its native token, KANG, is currently one of the best cryptos to buy now. The token, which was initially priced at $0.005 at the initial stage of its presale, is now worth $0.025, an increase of 400%.
The people who joined the project in the early stage have already got an ROI of about 400% while still in the presale phase. Besides the KANG price increase, the project has also raised $6,744,385.504 in funding, which means the investors are extremely interested in the project. This optimism comes from its strong ties to the growing play-to-earn NFT game market, which was valued at $329 million in 2022 and the upcoming BitMart listing.
This market shows promising signs of further growth, making KangaMoon's KANG the best DeFi crypto to buy. The main idea of KangaMoon is to build a platform that unites Social-Fi and Play-to-Earn (P2E) features, and thus, it will be a place where people can participate in fun activities and be rewarded at the same time. KangaMoon creates a community where lovers of meme coins can have fun by participating in tournaments and competitions, and they can even get prizes and incentives.
For those who want to have another approach to earning without playing games, KangaMoon allows for betting on other players and competitions. Besides, the system also gives KANG token holders, through different challenges, the opportunity to acquire more tokens and in-game rewards. These assets can be sold or traded on the KangaMoon marketplace for more money.
Besides, KangaMoon has the best tokenomics among meme coins, which makes it the best DeFi crypto to buy. With a total token supply of only 1 billion, the KANG token could become scarce in the coming years. This scarcity would make it valuable, increasing its price in the process.
Arweave and KangaMoon have hit new milestones in the past months. Analysts have tagged them as the best cryptos to buy now because they believe that their prices will continue to increase in the coming months. So, get in now and do not be left behind.
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