Memecoins
New memecoin gains traction amid AI crypto boom
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While Render and Near Protocol are currently trending, KangaMoon has a better chance of attracting investors.
Lately, the crypto market has seen the growth of AI tokens with Render and Near Protocol some of the tokens that have gained recognition. However, despite this dominance, they may still lag behind KangaMoon (KANG) in terms of romantic attraction. The new memecoin has generated a lot of excitement among admirers, going so far as to offer a notable return on investment to increase their income. Let’s explore KangaMoon and find out why it is one of the most trending memecoins.
KangaMoon expected to be the face of memecoins in 2024
While Render and Near Protocol are leading the AI token charge, KangaMoon could be the next token to explode, having earned the status of one of the best new memecoins to invest in 2024. KangaMoon is a new meme coin based about a utility that solves the common problem. problem associated with memecoins which is lack of utility. To solve this problem, KangaMoon integrates both SocialFi and GameFI, allowing users to enjoy the best of both worlds.
By participating in the platform’s various games and social tasks, users can receive rewards from the 250 million tokens that will be distributed as in-game rewards. With an encompassing ecosystem, KangaMoon is a connection point for gaming enthusiasts. memecoin and investors. Thanks to these amazing features, many users and investors have shown interest in this new memecoin.
Currently, KangaMoon community members number nearly 30,000 and holders of its native token number nearly 10,000. Additionally, the platform has generated over $6.8 million in pre-sales, which which makes it one of the memecoins to ever achieve this feat. Daily, investors monitor KangaMoon’s trajectory and are captivated by its surging return on investment which is now up 400%.
The platform provided an indication of its listings with BitMart, the first centralized exchange to publicly announce the KANG listing plan. Currently, KANG is available at $0.025. As we move towards the uptrend, market forecasters predict that KangaMoon could reach 1000% ROI.
Rendering Token Fights $11.3 Resistance Level
Rendering is one of the AI tokens that have started circulating in recent weeks. Just last month, the Render token pumped by 24% as investors renewed their optimism. A similar trend is also seen in Render’s market capitalization, which is now expected to exceed $4 billion.
However, the battle zone for Render is the next resistance level, which sits at $11.3. Analysts expect that a market correction may occur in the coming days, which could slow down the price progression of Render. After this break, analysts expect Render coin to beat the resistance trap and then recover afterward.
Near Protocol Price Is About to Hit $10
As AI tokens continue to gain traction, Near Protocol has seen exponential growth. Over the past 30 days, the Near Protocol token has increased by over 50%, with the token surpassing $1 billion in trading volume, based on market data. In the same vein, the market capitalization of Near Protocol is expected to exceed $9 billion, indicating the dominance of the bulls.
The protocol’s near stopgap at the $0.65 demand zone is another indication of the prevalence of bulls. With the token poised to stabilize at the $8.5 support zone, the coming weeks could see Near Protocol price cross the $10 threshold.
For more information about KangaMoon, visit official site or join the Telegram Community.
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