With the crypto market becoming lively, many crypto niches are thriving again. GameFI crypto niche which was one of the booming markets in the past is getting traction now amidst the market dynamics. As such, GameFI projects like KangaMoon (KANG), Sandbox (SAND), and Immutable (IMX) are in the news with spectacular performances in recent weeks.
Although KangaMoon is one of the best new meme coins, the project is gaining investors' attention and has been tipped to dislodge top meme coins as the battle for investors' attraction hits up.
Alongside Sandbox and Immutable, KangaMoon (KANG) is leading the rejuvenation of the GameFI meme coin market. The platform brings back the idea of creating an immersive gaming experience through meme games. This time around, KangaMoon has gone one step higher by incorporating elements of P2E GameFI with social interactions. With this, users have exclusive rights to several giveaways, rewards, and benefits.
KangaMoon presale has been in the third stage for a while with the ERC20 token KANG sold for just $0.01125. So far, KangaMoon has raised over $1M and is eyeing $2M before the end March. The team is planning to list the token in a major Tier 1 exchange in Q2. As such, some analysts have projected a 50x rally in the coming months.
Holders of KANG do not have to wait till the end of presale to earn more profit. By joining to promote the projects across social media platforms, holders can multiply their investments within a short time. Notably, every participant can earn through the referral system. This can be done by inviting their friends and ensuring those invited purchase the KANG token.
Right now, KangaMoon has a contest going on which affords users the opportunity to earn more rewards. By targeting the $200B worth NFT gaming market, KangaMoon is redefining the scope of the meme coin market. With the KANG token price projected to reach $0.5 before the end of the year, KangaMoon is one of the best new meme coins to buy now.
With the gaming market booming, GameFI tokens like Sandbox (SAND) are up in the market chart. With a 63% increase in the past month, Sandbox price has moved from $0.45 to $0.82 over the past 30 days. However, the token bears are already regrouping amidst the downward trend in the trading volume.
Also, the Sandbox market cap has also reduced by $200M having gone from $1.8B on February 29 to $1.6B in the past day. While there are reasons to be optimistic about the GameFI market, buyers may need to do more to salvage the Sandbox token. Even at that, some analysts think the token price will hit $2.5 before the end of Q4.
Immutable (IMX) is building strong momentum now as the GameFI market begins to get traction. On the year-to-date price chart, Immutable recorded a 330% increase as the token market cap surged to $4.8B based on data from CoinMarketCap.
In the past 30 days, the Immutable price has grown by 18%, and the token now has an eye on the $3.5 price point. Analysts observe that this is a key threshold that may shape the immediate future of Immutable. A climb above this level could result in significant price momentum for Immutable in 2024.
Website: https://KangaMoon.com/
Join Our Telegram Community: https://t.me/KangaMoonofficial
Join our WhatsApp Channel to get the latest news, exclusives and videos on WhatsApp
_____________
Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.