Amid investors’ search for profit-generating coins, analysts reveal budget-friendly cryptos for the road to financial freedom. Among these coins that have the potential for a sustainable financial journey are Ripple, Cardano and the new meme coin KangaMoon. Let us find out more.
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Ripple Price Surges
The reopening of trading Ripple coins in New York (NY) was announced today by Coinbase Chief Legal Officer Paul Grewal. Residents of New York can now use the Coinbase platform to buy and sell Ripple coins. Grewal added that the team listened to user feedback and partnered with the state authorities to address the issue.
The restart follows a pause that started on January 19, 2021, when Coinbase stopped trading Ripple (XRP) in response to the SEC’s lawsuit against Ripple. The securities watchdog claimed Ripple was an unregistered security. Users could still check balances, and deposit and withdraw Ripple to external wallets despite Coinbase’s decision to stop trading the altcoin on its platform in response. Meanwhile, the Ripple price has surged by over 3% within the past 7 days.
Cardano Price Analysis
The Cardano price has increased by more than 4% in the last seven days, a sign of rising investor confidence and interest in the Cardano network. The price has been fluctuating between $0.51 and $0.45, and both bullish and bearish sentiments have impacted the market dynamics. Meanwhile, recent data available on defillama indicates that Cardano’s total value locked (TVL) has risen to $270 million.
The market capitalization of stablecoins on the Cardano network is $15.46 million, and the volume of trades over 24 hours is $3.96 million. This shows that Cardano is well-represented in the market and that its influence in the decentralized finance (DeFi) space is growing. Given the volatility of the market, a significant price increase could occur if Cardano breaks through the $0.5 resistance level.
KangaMoon Is One Of The Best New Meme Coins
Because of its unique combination of the Play-to-Earn model from SocialFi and GameFi, KangaMoon (KANG) has emerged as the market leader. With over $7 million in presale revenue raised, KangaMoon is now in its bonus stage of presale. Beyond the presale, KangaMoon is noteworthy mostly for its special ability to upend the meme coin market.
The meme coin project intends to launch a fully immersive gaming environment called “Kangaverse” where users can compete in battle-themed tournaments with their own KANG characters. Non-players can also take part in sporadic challenges for different prizes and speculate. Usually presented as KANG tokens and other priceless in-game items, these prizes can be exchanged for real-world values on a specific marketplace.
The native KANG token, meanwhile, has two purposes: it is a governance token and in-game currency. From an original price of $0.005, the native KANG token has increased 400% to its current value of $0.025 in the bonus presale stage. Along with offering early investors significant returns, KangaMoon also has a fast-expanding community of more than 32,000 registered users.
The nicest thing is that these figures are just going to skyrocket because KangaMoon and RaidShark recently partnered to increase community involvement. Moreover, analysts predict that the value of the KANG token will skyrocket after it is listed on the BitMart exchange although CoinMarketCap and CoinGecko have already listed the meme coin.
Can Ripple and Cardano Be Overtaken by KangaMoon?
With a market capitalization of only $25 million, KangaMoon is far smaller than Ripple and Cardano. This is a significant benefit because it means that KANG’s price can rise significantly with less fresh funding. As a result, experts predict that KANG will rank among the best new meme coins this cycle. To purchase the meme coin, click on the links provided below.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Our Telegram Community: https://t.me/Kangamoonofficial
Disclosure: This is a sponsored press release. Please do your research before buying any cryptocurrency or investing in any projects. Read the full disclosure here.