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As the crypto market continues its resurgence, some top crypto coins are beginning to pump. Bitcoin Cash (BCH) and Render (RNDR) are moving steadily, with investors making a profit. Meanwhile, analysts are discussing the viability of a potential KangaMoon reward which has been pegged at 1000%. Many believe that this ROI is possible considering the unique attributes of the new token.
With Render and Bitcoin Cash pumping, analysts believe KangaMoon can reward holders with up to 1000% in ROI. KANG fast lane moves since the presale have made it a very attractive option for investors with many believing it is the best crypto investment. The platform revolutionized the meme coin functionalities, bringing an elite model of Web 3 gaming.
Using a community-driven mindset, KangaMoon embeds the GameFI and SocialFi functionalities into a single project, creating an evolving ecosystem where lots of gaming adventure takes place. Users earn through gaming battles and also through basic social tasks. A whopping 250 million of the entire KANG allocation is given freely to winners of these events.
Early buyers of the KANG token have made a 400% profit but experts envisage an ROI that can exceed 1000% by the end of the presale. The platform currently hosts more than 32,000 members, and 10,000 holders and has raised almost $8 million as presale funds. The token has earned wide coverage after getting listed on the two biggest aggregator platforms, CoinMarketCap and CoinGecko.
Investors can purchase KANG at its present price of $0.025 and then use the platform staking dApp to multiply the profit on their assets. With the presale ending in Q2 2024, KANG is set to be listed on BitMart and subsequently other crypto exchanges. This project has pulled a lot of attention and is one of the best crypto to buy with a strong potential to trade at $1 in 2024.
The latest market surge has seen Bitcoin Cash receive positive traction. The Bitcoin Cash coin experienced a slight 2% increase on the monthly price chart with the overall gain across one year going above 300%. Not only about the price, Bitcoin Cash's market cap also received a massive uptick as it nears $10 billion.
Even though the Bitcoin Cash trading volume has slightly reduced, the trading still hovers above its 200-day exponential moving average (EMA). With the token now set to attain the key resistance level of $480, analysts project a surge to $500 in the coming days. As such, BCH is one of the best crypto to buy for future gains.
Render tokens have also gained a huge rise in the past few weeks, going up by 18% in one month. The momentum also swelled into the weekly price chart with an increase of 4%. From the technical analysis, the Render coin has a Fear and Greed Index of 76 (extreme greed) value with a relative strength index (RSI) of 49, signaling high buying activity. Some analysts project a breakout soon, putting it on the list of top crypto coins to watch out for this month.
As for the market outlook, Render appears to be stable after stabilizing above $10. However, the token is still carving for massive bull momentum to sustain its present price. As viewed by experts, a strong momentum could take the Render price to $15 while a weak momentum could reverse the token to its support level of $9.2.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
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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.
