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The cryptocurrency space has exhibited a lot of diverse interests in recent times. Going by the heightened interest in DeFi, popular crypto experts have tipped Flare (FLR) to spearhead the proliferation of networks from CeFI to DeFi. In another development, Quant (QNT) has witnessed a significant decline in recent weeks as the Bitcoin halving gets nearer. Meanwhile, KangaMoon (KANG), which is seen as one of the top meme coins in the market, has attracted whales in the ongoing presale. The project has recently launched its referral program for investors to earn. More details below.
With Flare tipped for DeFi Revolution and Quant experiencing a decline, KangaMoon has attracted whales in the ongoing presale. The platform is eyeing P2E NFT gaming, which is estimated to grow to $8.8 billion in 2028. When launched, KangaMoon will be the first project to merge the benefits of meme coins, SocialFi and P2E.
The platform allows users to engage in several activities, such as creating their preferred in-game character, selling their NFT assets, and transacting digital collectibles. Not only that, but users can also win prizes and rewards by competing in lots of gaming competitions and exchanging their assets for real-world value. While currently in presale, KangaMoon has raised over $70,000 in stage 2 of the presale, and the platform is expected to hit $100,000 early next week.
Investors can purchase the platform's native token, KANG, an ERC20 token for just $0.0075. When you purchase now, you get a 10% bonus. Meanwhile, the platform has launched its referral program in which investors earn a certain percentage by inviting their friends and ensuring that the friends buy the KANG token. There are free $KANG to be won by players who participate in the platform's fun games and progress through all the rounds.
This means that players can turn their passions and gaming skills into profitable returns. With the meme coins market expected to boom in the bull run, KangaMoon is a top crypto that can give maximum reward soon. As such, analysts rate the project as one of the best meme coins in the crypto market and predict a 220% return before the end of the presale.
The crypto world has been dominated by centralized exchanges, but decentralized exchanges are not far behind. Experts believe it is only a matter of time before DeFi catches up with CeFI. As such, analysts like Arthur Hayes have predicted the DeFi revolution to start with Flare.
Arthur Hayes pointed to the Flare (FLR) reliable oracle system, which provides immediate and correct price updates as crucial in the dominance of DeFi. He believes that the Flare blockchain can produce the necessary reliable data to spearhead the DeFi revolution. Meanwhile, the Flare price has surged by 78% in the past month and 21% in the past week. The ongoing massive rally puts the token among the top cryptos to buy now.
Holders of Quant (QNT) are contemplating whether to sell or hold as the token plunged into another round of decline. Quant price suffered a significant loss in the latter days of 2023, with the coins' price down by 24% in the 90-day trading chart.
Although Quant token managed to regain a slight 2% in the past month, the loss of 8% in the past 7 days has left investors looking for alternatives. In the same vein, the Quant market cap has plummeted from $1.8 billion in early January to $1.2 billion in the past few days. As the bull run approaches, holders are moving to KangaMoon, which analysts project will return 35x profits before the end of 2024.
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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.
