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Ethereum (ETH) and Solana (SOL) holders are exploring KangaMoon (KANG), a new meme coin project. Supporters are bullish on KANG, expecting more gains in 2024.
Solana on traders’ radar
Solana recently went offline for 5 hours.
Some experts pointed out that Solana took longer to add transactions and may be at risk of a majority attack.
As a result, SOL fell, forcing traders to explore alternatives.
However, in the last 24 hours, the SOL is up 5.41%, trading at $113.95.
Ethereum roars to $2,670.72
Franklin Templeton, an asset manager, has filed a request for a spot Ethereum ETF with the U.S. SEC.
Nonetheless, JP Morgan analysts predict that the chances of approval are below 50%, but it could happen before May.
On the other hand, Polymarket traders have bet on the approval of spot Ethereum ETF by May 31, placing the probability at 50%.
Amid this, ETH is firm, rising 6.34% to $2,670.72 in the last day.
Introducing KangaMoon
KangaMoon is a platform for meme lovers who enjoy trading.
It combines social-fi and play-to-earn (P2E) options where users can participate in fun activities and contests to earn rewards. By doing so, they can earn KANG and other valuable rewards.
KangaMoon also offers P2E opportunities that are part of a growing industry.
Players who win matches, special events, and quests can earn virtual currency and tradable in-game items. They can also create their own characters and compete globally in tournaments.
The platform aims to create an active and dynamic community. KangaMoon also offers weekly, monthly, and quarterly challenges and special giveaways for presale investors.
Additionally, users can bet on matches to win prizes. The platform aims to create the largest like-minded community and has garnered excitement around its presale.
KANG is available for $0.005 in the ongoing presale.
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This article first appeared at crypto.news
