A quick 3min read about today's crypto news!
Memecoin Kangamoon (KANG) Outshines Compound (COMP) and Chainlink (LINK) With It’s Unique P2E Offering
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Sometimes, new crypto projects outshine already-existing tokens in the crypto market due to several factors, like project use case, road map and popularity. While Kangamoon (KANG) is currently outshining other tokens like Compound (COMP) and Chainlink (LINK), it is not just due to the newness of the project. It goes beyond the hype but more on growth potential, immersive innovativeness, and more. Find out more below.
Don’t Miss Out On The Kangamoon (KANG) Presale – Reserve Your Spot!
Compound (COMP) Token Fails To Maintain Price Rebound
Compound (COMP) token has been experiencing a bearish trend since last month. The token’s price has fallen by 28% in the last 30 days. The Compound token traded above $60 at the start of August. However, the token has been on the bear market since the second week of August, which has seen the price drop below $40.
The price movement of the Compound token looked to be making a rebound in the 2nd week of September but has ultimately succumbed to another round of bearishness. As it stands, The Compound token is far off from a price resurgence. One positive takeaway is that the token price has risen above the $35 support level and could trade above the $45 resistance level within weeks. Experts are still optimistic of a resurgence soon.
Chainlink (LINK) Could Enter Into the Bull Market Soon
With market stats showing 18% loss in the price value of Chainlink (LINK) in the last 30 days, experts and crypto traders are searching for alternative projects that guarantee profits. However, one turning point is that Chainlink market stats in the last few days have been impressive. This suggests that a resurgence could happen within days.
Chainlink’s market cap has slightly increased in the last few days, which means there is increased market activity. Analysts think Chainlink will bounce back once the general crypto market recovers from the current downtrend. Ambcrypto forecasts the LINK token to trade above $6.95 very soon. That’s more than a 5x increase from the current price.
Kangamoon (KANG) To Introduce an Exciting P2E Platform
Kangamoon (KANG) is looking to use its P2E platform to create a functional blockchain community among meme coins fanatics and gaming enthusiasts. On the platform individuals can play on-chain games, earn virtual currencies and collectibles, trade gems in the platform’s marketplace for profit, interact with like-minded individuals, and more.
There’s also an opportunity to participate in virtual gaming tournaments where winners will earn as well. The KANG token, a native token of the Kangamoon project, is showing its shining potential above other tokens like Compound and Chainlink in the crypto market.
This has led experts to project that the Kangamoon token may see a 220% increase in price value before the end of its presale. A further 350% growth has also been projected for the token by experts once it is listed on a crypto exchange platform.
The KANG token is currently sold for only $0.005. The Kangamoon smart contract has been audited by SolidProof and Cyberscope, confirming the project’s authenticity. Now is the best time to buy the KANG token and become part of the $176 billion on-chain gaming market.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
Website: https://Kangamoon.com/
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A quick 3min read about today's crypto news!
