Bybit Ethena Partnership; Sui Launches Points Program While KangaMoon Emerges As the Best Crypto Investment.
There have been some exciting developments among the top crypto coins in the market. Recently, Ethena (ENA) saw a major partnership with Bybit. Meanwhile, Sui (SUI) and KangaMoon (KANG) are also making headlines. While SUI could soar soon, KANG is a Stage 5 presale star that analysts have pegged as the next $1 crypto in 2024.
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Ethena (ENA) Announces Bybit Partnership
Ethena (ENA) is making some waves in the crypto market. Notably, Ethena announced that the crypto exchange Bybit has integrated its USDe as a collateral asset for derivatives trading. This is a significant development as it makes Ethena a bigger bridge between DeFi and CeFi.
In terms of the Ethena coin value movement, it saw a jump of 33% in the past year alone. This surge solidifies ENA’s place among the top crypto coins. As over four technical indicators show bullish signals for ENA, its future looks bright. Due to all this bullish Ethena news, market analysts forecast a rise to $1.30 within Q2 of 2024.
Suilend Reveals New Loyalty Program on Sui (SUI)
Meanwhile, Sui (SUI) shows bullish signs thanks to exciting developments. For example, Suilend revealed a new loyalty program on Sui – Suilend Points. Suilend Points will offer rewards for user engagement. This loyalty program is the first of its kind on the Sui network.
When it comes to the Sui coin price, it fell 6% in the past year alone. However, this bullish Sui news may trigger an upswing. Not only that, but the technical analysis of this crypto paints a bullish picture. For example, seven technical indicators are in the buy zone. Market analysts predict SUI trading at $1.61 before Q2 of 2024 ends.
KangaMoon (KANG): Among the Top Crypto Coins To Watch
Amidst these Ethena and Sui developments, KangaMoon (KANG) has thrived in its presale. It is expected to finish May 2024 with more than $7M, as early buyers have already put over $6.5M into the project. Also, the KANG token now boasts over 6,000 holders, showing the demand level for this innovative crypto.
KangaMoon aims to dominate the Play-to-Earn (P2E) gaming market, which is projected to reach $885M by 2028. It will accomplish this by launching a P2E game in which KANG will serve as the main in-game currency. In other words, gamers will use KANG to buy in-game items or access exclusive challenges for extra rewards.
Additionally, KangaMoon introduces several SocialFi features that give back to the community. For instance, KangaMoon rewards its most active community members with free KANG before its official launch. This move has caused over 20,000 registered community members to like/share/comment on KangaMoon’s social media posts.
Although it is currently in Stage 5 of its presale at $0.025per token, KangaMoon has already delivered an excellent 400% ROI for early backers. But, this is just the tip of the iceberg as market analysts predict a surge to $1 once KANG hits Tier-1 exchanges in Q2 of 2024. With this prediction, KANG could become the best coin to invest in for fast returns.
Can KangaMoon Outshine Ethena and Sui?
KangaMoon may surpass Ethena and Sui in the crypto market as it only has a $19.6M market cap. This lowers the amount of new money required to increase its price, which puts it in a good place for growth. Therefore, KANG emerges as the top crypto to buy now.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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