Toncoin, despite recently descending from it's all-time high a week ago, has maintained an overall bullish trend throughout March, setting the stage for an anticipated price surge this month. In another development, KangaMoon (KANG), a novel community-driven token, has emerged as a focal point in the meme coin market. Notably, KangaMoon stands out for its innovative approach, offering users the chance to earn rewards both during its presale phase and through its engaging, incentive-driven battle-themed play-to-earn platform, ultimately garnering significant attention and interest from crypto investors.
Given Telegram's affiliation with Toncoin, coupled with TON’s rising to its ATH seven days ago, the token presents incredible potential to secure a significant increase in its value. Falling slightly from its ATH of $5.69, Toncoin token is currently holding in a weekly price range of $4.81 and $5.60 and shows potential of reaching $10 before the end of Q2.
While Toncoin has been suffering a decline below its weekly support of $5.34 in the past week, the token is still able to retain a significant monthly gain of over 100%, moving from an initial price of $2.6 to its current highest mark around $5.6. Seeing a recent surge of over 26% and nearly 3% increase in TVL and market cap respectively, Toncoin exhibits a positive momentum that could linger for a while.
In the "blockchain" field, KangaMoon (KANG) is a versatile play-to-earn (P2E) and SocialFi token that offers a mixt of exciting gaming and meme coin perks. With the meme coin market boasting a curren
Meanwhile, KangaMoon's unique combination of GameFi and Social Fi not only appeals to end users but also attracts investors seeking projects with a fresh perspective, thereby positioning it as a strong contender among the promising meme coins in the market.
Currently in the fifth stage of its token presale, KangaMoon has achieved noteworthy presale milestones including crossing the $3.9M in presale funding with projection to reach $4.5M before the end of this week. In addition, the project has boarded over 5,800 token holders and over 20K registered community members.
Among other things, these impressive figures are pointing to promising high earnings along with the underlying strength of the community within the DeFi and gaming market. On that note, experts expect a meteoric rise of the project from its current price of $0.0196 to $0.50 by the time it lists on major exchanges in Q2 of this year, a projection that has already resulted in a remarkable 291% increase from its initial price of $0.005.
Meanwhile, one of the multifaceted approaches on KangaMoon's presale strategy is prioritizing community involvement with the allocation of KANG tokens to active social media users who support the posts by sharing and commenting. Such a model of community building will also help KANG token get more attention, supporting its core mission to be a major player in the meme coin space.
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