KangaMoon building active meme community; Optimism and XRP are altcoins to watch
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KangaMoon (KANG), a meme coin project, is different from others since it is building an active and engaging community. While KANG investors are bullish, Optimism (OP) and XRP are dominant altcoins to keep an eye on.
KangaMoon: a community-driven defi project
KangaMoon, a meme coin project, uses KANG as its native token and in-game currency.
Players can earn cryptocurrencies and in-game items by competing in the game.
They can also sell or trade these items on the KangaMoon marketplace for extra income.
By holding KANG tokens, you can participate in challenges to earn more tokens.
In the current presale round, KANG is trading for $0.005.
Analysts expect more gains in the future once the token is listed on major exchanges.
Optimism partners with Supra
Optimism and Supra are joining hands for the latter to provide dapps on its main net with secure price feeds.
Amid this news, OP rose from $3.14 to $3.24 in the past week, pushing its market cap to $3.10 billion.
Technical indicators are also bullish, projecting OP to reach $3.40 by March 2024.
Ripple plans to introduce a new payment solution in the U.S.
Ripple’s senior director, Oliver Segovia, recently divulged that they plan to release a payment solution.
With Ripple’s acquisition of multiple state money transmitter licenses, this platform will be launched.
This is positive news despite the ongoing legal suit versus the U.S. SEC.
XRP has been fluctuating between $0.53 and $0.50 in the past week.
Analysts forecast XRP to reach $0.52 in March 2024.
Can KangaMoon outpace Optimism and XRP?
KangaMoon has a market capitalization of $5 million, which makes it more appealing to investors looking for high returns in the volatile altcoin market. This puts KangaMoon in a good position to compete with more established cryptocurrencies like Optimism and XRP.
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