Analysts Stand on Their 100x Projection for This Top Crypto Ahead of Listing in CEX, Floki and Kaspa Drop

The cryptocurrency market is experiencing mixed signals. While established players like Floki and Kaspa are experiencing a drop as a result of the market retracement, a new crypto project, KangaMoon (KANG), is making waves in the market. Early investors have already gotten substantial ROI barely a few weeks after the start of the presale. Some analysts have backed up their earlier prediction that KANG will return massive profits in the coming months. Let's see why analysts are positive on the KANG token below. 

KangaMoon (KANG) Poised for Potential 100x Return As More Investors Join the Presale

Amid the crypto market correction witnessed by Floki and Kaspa, KangaMoon has continued to attract top crypto traders in the ongoing presale. The KangaMoon stage 5 of the presale is currently underway, offering users a chance to purchase a potential blue chip crypto. Early investors have gotten 290% ROI as the price rallied from $0.0050 to $0.0196 in stage 5.

Notably, the KangaMoon has witnessed over 20,000 community members sign up. Also, more than 5,800 traders have bought the token, which has helped the team raise over $4.4M. Crypto experts believe the team will raise $6M before the end of April. Meanwhile, the KANG token is set to hit exchanges in Q2. As such, analysts are standing on their earlier prediction of 100x returns in the year. 

KangaMoon is shaking things up in the crypto world by combining the exciting Play2Earn model with the social-fi model to build a vibrant community for meme enthusiasts. On the platform, players can compete in fun-filled activities and competitions and earn rewards and win prizes. 

Token holders can boost their portfolio by participating in activities aimed at promoting the project on social media, such as the ongoing KangaMoon Shilling Competition. With the games market worth over $176B, an investment in KangaMoon will give traders the opportunity to benefit from the market. Above all, now is the best time to join the new crypto project aiming to become a powerhouse in the meme market.  

Floki (FLOKI) Struggling With the Bear Trend

Floki is one of the top cryptos that benefited from the meme coin market rally witnessed in the past few weeks. While the token gained 32% in the monthly price chart, the weekly chart shows a 17% decline. This signals that Floki is sliding into the bear market. 

In the last few weeks, Floki has burned a percentage number of tokens in circulation. Even at that, the ongoing market retracement has affected the token. Also, the Floki trading volume is on a downtrend. However, with the token's market cap still less than $2B, there are high expectations of the coin returning profits in the coming months. Some analysts believe the token will witness a resurgence as the bitcoin halving draws closer. 

Can Kaspa Retest the $0.18 ATH Record?

Kaspa set a new ATH record of $0.18 in February 2024. While holders were waiting for the token to break through the $0.20 resistance trendline, Kaspa witnessed retracement thereafter. The token has been on a downtrend since then. 

In the past 30 days, Kaspa's price has dropped by 19%and a slight 4% in the past week based on market stats. The Kaspa key market indicators, such as the trading volume and market cap are also declining. While the token has dropped below the $0.14 key support zone, some analysts are still optimistic of a resurgence soon as the bull market draws closer. As such, now is the best time to buy the dip.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

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