As February comes to a close, the cryptocurrency market has witnessed notable performances, with the likes of Tron (TRX) and Stacks (STX) tokens emerging as dominant players. Both cryptocurrencies have seen major price hikes since the start of this month and are poised to reach even higher prices leading up to March. While investors receive more assurance from this, they are also considering the new frontier in the meme coin space, KangaMoon, as its presale is rapidly selling out, making over $347K currently.
Stacks (STX) is gaining more momentum as well as confidence in the crypto market with the native token maintaining a bullish momentum since the start of the month till date. With the price chart currently reflecting a gain of over 117% in the past month, Stacks token is well-positioned as one of the best performers this month.
While Stacks price holds strongly in a weekly price range of $2.39 to $3.27, it still has the potential to double this range in March. The token is gaining by 18.18% in the past week as it desperately tries to surpass another resistance at $3.33. Ultimately, Stacks shows a lot of potential as a good crypto to buy.
Despite many slight fluctuations when its price chart is observed closely, Tron (TRX) coin has clearly maintained an upward price movement with no major drop since the start of the year. The crypto has progressed by 26.40% in the past month and over 1.70% in the past week.
Should Tron price maintain this appreciation by just 70%, for more than a month, it may eventually price up to $1. Currently the token is holding in a weekly range of $0.1372 to $0.1434, and it holds strongly its $0.1403 support.
Currently in its second presale phase, the KangaMoon (KANG) is already selling rapidly as it is available at a low price of $0.0075, with a 10% deposit bonus for early investors. Meanwhile, while early investors have already locked in 50% ROI, analysts predict significant growth, with potential returns of up to 350% by the end of the year.
Amidst the rise of other utility-lacking crypto tokens in the meme coin space , KangaMoon stands out as a strong player poised to shake up the entire meme coin market. By integrating blockchain gaming features, social networking and decentralized finance (DeFi), KangaMoon provides investors with an engaging experience, offering both meme appeal and practical use.
Among other engaging activities, KangaMoon users will be able to compete in battles to earn rewards and prizes, while also creating gaming characters, collecting high-valued NFT and in-game assets, while trading in a dedicated marketplace. Given its unmatched appeal, KangaMoon is gaining significant attention already and it is bound to grow massively by this year's end.
On a conclusive note, holders of KANG will be able to increase their rewards by participating in community events and referring friends to join. As the gaming industry continues to expand, projected to reach a multi-trillion dollar market by 2030, KangaMoon aims to provide investors with a substantial value increase of 350% by the time the presale concludes.
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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.