Ethereum Classic is set to witness major events that could show its direction in the coming months. While the present bullish momentum may be a good sign of what is coming in the next Ethereum classic halving that will kick off on May 30, 2024, there is still the potential for a bearish pullback before the halving.
Meanwhile, KangaMoon has surged significantly ever since the news of its listing on CoinMarketCap surfaced. With a 400% increase already, KANG is one of the top altcoins to keep a watchful eye on.
KangaMoon Token Historic CoinMarketCap Listing Spark Price Surge
While Ethereum Classic has experienced significant progress in the past few days, KangaMoon has added another feather to its cap with its listing on the giant crypto data aggregator platform CoinMarketCap. This is a significant step in the platform’s quest to showcase its ideas to the crypto community and project itself as one of the best altcoins to invest in 2024.
Alongside CoinMarketCap, the token has also been listed on Coingecko, giving KANG more visibility. Furthermore, the BitMart exchange has also signified the intention to list the token with other CEX exchanges to follow soon. Not only are these platforms accepting KangaMoon, but the whole crypto circle is also key to the presale.
At present, KangaMoon has an evolving community of more than 32,000 members.
Having raised $6,984,443.154 in presale, KangaMoon has equally attracted active holders of about 10,000. Another impressive figure is the token ROI which has gone up by a massive 400% after the altcoin price surged to $0.025.
For those who may love to stake their assets, KangaMoon has an incredible APY offer. Users can earn up to 50% of whatever amount of tokens they stake just by staking for a complete year. With the bull market also coming in, KangaMoon is one of the best altcoins to buy for a massive upswing.
Can Ethereum Classic Token Hit $40 After Halving?
After the Bitcoin halving, the next halving is that of the Ethereum Classic coin. The halving which is set to commence on May 30 2024, will see the miners’ rewards reduced by 20%. This will continue to reduce until there are no more blocks to mine. As per data from CoinMarketCap, Ethereum Classic price has shot up by 22% in the past month with the weekly record showing a jump of 26%.
The Ethereum Classic market cap also joined the bullish sentiment, climbing above $5 billion. Taking a closer look at the trading chart shows that the Ethereum Classic market sentiments are generally bullish. With key indicators such as the Fear and Greed Index, relative strength index, and the exponential moving average all showing green signs, the token may hit $40 after the halving.
Conclusion
The Ethereum Classic halving is an event that could trigger a massive rally for the token. As for KangaMoon, its potential is undoubted, and could be the best gaming platform in the entire Web 3 ecosystem. With its low barrier to entry, the KANG token provides a better pathway to financial prosperity than many tokens.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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