Altcoins
Jack Dorsey Announces New Bitcoin Investment Strategy, Toncoin and KangaMoon Climb Altcoin List
Block Inc. CEO Jack Dorsey made headlines by announcing a new Bitcoin (BTC) investment strategy. Meanwhile, the altcoin market is in the midst of a resurgence, with Toncoin (TON) and KangaMoon (KANG) leading the way. Many analysts have identified KANG, a Stage 5 presale star, as the next 50x altcoin in 2024. Let’s see why.
Block Inc will buy Bitcoin (BTC) monthly
The CEO of Block Inc., Jack Dorsey, just announced his last adventure. He said his company plans to buy Bitcoin (BTC) every month with the dollar cost averaging (DCA) strategy. This move shows how much he believes in Bitcoin, which has been on a tear recently.
Data from CoinMarketCap shows that the price of Bitcoin has increased by 107% in the past year alone, while maintaining a market capitalization of $1.16 billion. Additionally, the Bitcoin cryptocurrency’s RSI and MACD signals are showing buy signals when it is trading above its 100-day and 200-day EMAs. Therefore, experts made a bullish forecast for the price of Bitcoin: $70,710 in the second quarter of 2024.
Toncoin (TON) partners with Arkham
On the other hand, Toncoin (TON) has been making waves in the altcoin space. Notably, Toncoin announced that he joined forces with Arkham. This development will provide over 900 million Telegram users with seamless access to Arkham data through a mini Telegram app. Additionally, Arkham will add TON support to its platform.
Toncoin’s price movement has surged 150% on the charts year-to-date while its market cap has remained at $18.40 billion. Additionally, the Toncoin crypto RSI is sitting at 39.41, which is within the buy zone. For all these reasons, market analysts predict a rise to $7 before the end of Q2 2024 in their Toncoin price predictions.
KangaMoon (KANG): among the best Altcoins in presale
KangaMoon (KANG) has proven to be a powerful player in the altcoin market and has attracted a lot of attention from traders. Their presale reached an incredible $6.2 million, showing just how interested people are in this altcoin. It is said that by the end of May 2024, the amount could even reach $7 million.
KangaMoon is unique because it focuses on Play-to-Earn (P2E) games, which is expected to become an industry worth $885 million by 2028. The central part of their plan is to create their own game P2E, where users can purchase online. game objects with KANG tokens. Additionally, KANG holders will have access to exclusive challenges for additional rewards.
What makes KangaMoon one of the best altcoins is its community approach. Ahead of its official launch, KangaMoon is offering free KANG tokens to its most active community members. This effort inspired over 20,000 members and a massive increase in interactions on their social media platforms.
Currently, KANG is worth just $0.0196 at stage 5 of its presale, up 290% from its starting price of $0.005. Over 6,000 people already hold KANG tokens, so demand is high. Experts predict a 50x jump once a Tier 1 CEX lists this altcoin in the second quarter of 2024. With this price prediction, KANG could emerge as one of the best altcoins to invest in.
What gives KangaMoon an advantage over Bitcoin and Toncoin?
Compared to Bitcoin and Toncoin, KangaMoon has a market capitalization of only $19.6. That means it needs less new money to push prices much higher. Therefore, KANG is one of the best altcoins that you can buy and get a 10% bonus.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
Website: https://Kangamoon.com/
Join our Telegram community: https://t.me/Kangamoonofficial
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