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Top 3 Tokens Investors Are Accumulating in the Wake of the Market Recovery AVAX, TON, and KANG
In the past few days, the market has changed from bearish to bullish. Many altcoins are starting their way to redemption. Some of the tokens that investors are currently accumulating in this partial recovery are Avalanche, Toncoin, and KangaMoon. In particular, a huge number of investors are pumping more energy into KangaMoon token after seeing its great utility and potential to become a major altcoin in the cryptocurrency market.
KangaMoon Prepares to Hit the Exchange After Successful Pre-Sale
Along with Avalanche and Toncoin, buyers are massively pumping their funds into KangaMoon. With a successful presale, the platform has raised nearly $8 million and has over 32,000 active subscribers. Its listing on two giant aggregator platforms, CoinMarketCap and CoinGecko, has also added another dimension to the project’s progress, making it one of the top altcoins to watch in the upcoming bull cycle.
KangaMoon incorporates GameFI and SocialFi systems, creating a unique project for meme lovers. The platform rewards every stakeholder that contributes to its ecosystem. From players to spectators and investors, each category gets huge rewards for their consistency on the platform. Players are rewarded based on their gaming skills, while spectators also earn by predicting match outcomes.
The platform is now preparing for the next break in its campaigns, which is the listing on major exchanges. KangaMoon has already completed all token distribution, wallet confirmation, and staking processes. With the staking option being first-come, first-served due to a limited pool, investors are rushing to purchase the KANG token and thus earn the strongest APY reward on offer.
While early adopters may have seen a whopping 400% ROI with the price jump from $0.005 to $0.025, analysts believe that KangaMoon has much more to offer. With the platform listed on Bitmart and MEXC, KangaMoon is one of the best altcoins to buy now. Additionally, KangaMoon will allow for further development of the ecosystem, making it one of the best altcoins to invest in right now.
Avalanche Pumps as Investors Look to Buy
Avalanche has shown a show of strength after pumping 4% last week. After the high move in the past few months that sparked selling pressure from holders, Avalanche coin has remained in a bullish direction for the past three days as the token moves to close below the $30 mark.
Despite this bullish move, there is trouble ahead for Avalanche as it seeks to continue its current rally. With the next resistance zone located at $30, a move above this level could see Avalanche price rise to $50 before the close of Q2 2024.
Investors Pitch Toncoin as Price Breaks Key Support Level
Toncoin has grown over the years, becoming the eighth largest cryptocurrency in the entire cryptocurrency market. According to CoinMarketCapToncoin has increased by more than 400% in the last year. In addition, the price of Toncoin has increased in the monthly price chart by 16%.
The token fought and broke the key support level of $7.5 and is now aiming for the resistance limit of $8. With the continuous development of the Toncoin network, analysts believe that it can set a new all-time high by Q3 2024.
Discover the exciting pre-sale opportunities for KangaMoon (KANG) now!
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