Analysts Verdict: Why KangaMoon Is Outpacing Mina Coin and Dash Coin
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Two prominent meme coins Mina Coin and Dash Coin which have often produced constant hikes have been struggling due to the severe bearish momentum in the past few weeks. However, an option for holders of these tokens is KangaMoon - a highly recommended token that has surged by 400% already in the presale. At the expiration of its presale, the KangaMoon platform raised about $8 million, adding more than 32k members to its fold with a holders base reaching 10k. For investors seeking price stability, KangaMoon is the real deal.
KangaMoon Outshining Peers as Glory Skyrockets
While Mina Coin and Dash Coin are in the dip, a great option for investors who may have lost out trading the two tokens is KangaMoon. Built as an ERC-20 token, KangaMoon stands out among meme coins, incorporating two great functionalities; SocialFi and GameFI. It's just concluded presale is a testament to its features and potential for growth.
Amidst the market's fluctuating performance, the KangaMoon platform amassed an impressive $8 million in presale with more than 32k users participating in the presale. Interestingly, the KangaMoon token which was worth only $0.005 at the beginning of the presale, closed at $0.025. This means early investors realized a humongous profit of 400% within the presale only.
Even if you missed the presale surge, analysts believe KangaMoon is built to reflect constant value appreciation. The platform is unrelenting in its pursuit to make KangaMoon more community-friendly. After the presale, a good option is asset staking which can reward up to 90% APY percentage depending on various criteria. Holders are excited by KangaMoon listing on major exchanges.
Currently, the platform has been listed on two giant exchanges; BitMart and Uniswap. In addition, CoinMarketCap and Coingecko have listed the token to give it more visibility. While more listings are expected in the coming weeks, KangaMoon is outshining its competitors and could give another 35X increase in 2024.
Mina Coin Sluggish as Bearish Correction Thickens
After a good performance last year, Mina Coin is back within the bearish zone. In the past 90 days, Mina Coin price has dipped by up to 50% with another 18% dip on the monthly chart. Even with the partnership with Mirae Asset Financial Group, the Mina coin has refused to move up.
Also, the bearish spot is visible in the Mina Coin trading volume and the Mina Coin market cap which have both plummeted considerably. With the bearish sentiments in full motion, it may be difficult for the Mina coin to reach the predicted value of $0.5 by the end of the year.
Dash Coin Faces Resistance in Its Bid To Reach $25
The severe bearish pressure being faced by Dash Coin has created a selling panic among holders. The Dash Coin price has plummeted by a massive 36% in the past year while this month's dip has caused a reduction in the value of Dash Coin by 19%.
The only bright spot is the Dash Coin trading volume which is beginning to pump up. Currently, the Dash Coin is facing resistance at the $25 mark. However, a bullish reversal could see Dash Coin go above $25 in the coming weeks.
KangaMoon vs Mina Coin vs Dash Coin. Which Is the Best Crypto To Invest
In this article, we analyzed experts' views on KangaMoon and its potential to be a top crypto. While Mina Coin and Dash Coin have good potential, KangaMoon offers more in terms of profit, low market cap, huge community, and user engagement. As such, it is our pick for a massive upswing in 2024.
Website: https://Kangamoon.com/
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