DeFi
KangaMoon Unveils Staking DApp Surpassing Price Projections for Dogecoin (DOGE) and Ripple (XRP)
KangaMoon’s recent publication of a listing on the BitMart exchange has further increased the appeal of its platform. Additionally, its native staking dApp intended to reward stakers has been praised by many well-known crypto analysts. Despite being in pre-sale, the KANG token has exceeded expectations, having skyrocketed with an incredible profit. Even Dogecoin and Ripple are catching up with this DeFi token. With greater rewards awaiting investors ahead of the next CEX listing, KangaMoon is one of the best DeFi cryptocurrencies to accumulate.
KangaMoon Staking DApp projects it as one of the best DeFi tokens with the highest APY
Despite the improvement in performance of Dogecoin and Ripple over the past week, they are still lagging behind. KANG. The projects entered the DeFi market to solve a key problem among many DeFi coins. Supported by two unique utilities of SocialFi and GameFI models, KangaMoon allows users to earn sporadic profits by participating in quests, games and community activities.
Such activities have earned them tons of rewards such as in-game assets and free tokens redeemable on the platform’s marketplace. Uniquely, the platform creates a staking dApp that allows users to stake their assets on certain days and earn a fixed APY percentage. By staking their assets for 12 months, investors can earn a 50% APY reward.
Apart from this, the token has also performed well in terms of ROI. Its 400% ROI is the largest for new DeFi projects, eclipsing the returns of Dogecoin and Ripple over the past 6 months. With this achievement, KangaMoon community members exceeded 32,000 and holders closed 10,000, making it one of the top DeFi cryptocurrencies with the greatest attraction.
Currently, the KANG token is selling at a price of $0.025, and analysts have predicted that the token could reach $0.5 before listing. With the token’s listing on Coingecko and CoinMarketCap, KangaMoon has increased investor confidence as a real project. As the token prepares to be listed on BitMart and other CEX platforms, KangaMoon is one of the best DeFi coins that can deliver 1000% ROI.
Dogecoin Price Climbs as Bulls Take Control
Last week’s rally saw Dogecoin make a brilliant turnaround, gaining 6.75% on the weekly chart. Moreover, the market capitalization of Dogecoin has also increased and may exceed $24 billion in the coming days. Earlier in the month, the Dogecoin token suffered a 47% price correction with top analyst Ali Martinez linking it to the 2021 decline.
Ali observes that the downtrend is similar to that of the previous cycle, which may indicate the start of the DOGE bull run. With every crucial indicator showing an upward propensity, analysts have made a bold Dogecoin price prediction. Some analysts predict the coin will trade at $1 in 2024, making it one of the best DeFi coins to buy. Having been adopted by Tsela as a means of payment, DOGE will soon be heading to the Moon.
Ripple Price Shows Bullish Momentum
After a long wait due to the bearish correction, Ripple coin made a breakthrough last week, climbing above the key resistance level of $0.5. After losing 3.5% over the past month, a 2% jump on the weekly chart could trigger a massive rally.
As for technical charts, the Ripple token is at a convergence point for a major recovery. With key indices such as the Relative Strength Index (RSI) also highlighting bullish momentum, XRP could see a rise to $1 by the end of the year.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
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