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As Bitcoin (BTC) peaks, experts are looking for the next big crypto tokens. Three projects that are consistently making headlines are Solana (SOL), Dogecoin (DOGE), and KangaMoon (KANG). All three have made significant gains over the last month.
However, Solana and Dogecoin’s growth is slowing down. Consequently, many investors are now choosing to buy KangaMoon instead, with $KANG tokens recently experiencing a second price increase.
Solana (SOL) dips below $130 support
In the last 24 hours, Solanas price decreased by 2.01%. This has caused Solana to fall below its support of $130, and SOL is now trading at $129.25. According to crypto experts, Solana could fall further, potentially decreasing to $120.
Nonetheless, Solana investors remain confident in the altcoin. Solana’s daily trading volume has soared by 104% in the last 24 hours, taking Solana’s daily trading volume to $9.66 billion. This bullish momentum could help Solana recover to $130.
However, some experts believe that Solana is overdue for a correction. As a result, alternative investments such as KangaMoon could be stronger investment opportunities.
Dogecoin (DOGE) down by 12% in 24 hours
Dogecoin (DOGE) is following Solana in terms of performance. In the last 24 hours, Dogecoin’s price decreased by 12.81%, and its daily trading volume has remained at $8 billion. This decrease suggests that Dogecoin could have peaked.
Historically, Dogecoin has faced significant declines following a price rally. As a result, many investors are now selling their Dogecoin holdings.
Dogecoin is currently trading at $0.1624, and despite its recent decline, Dogecoin’s price has still increased by 65% over the last 30 days.
KangaMoon (KANG) builds momentum in stage 3 of its presale
As the crypto market takes a turn, KangaMoon continues to soar. Over the last week, the new altcoin sold out during stage two of its presale. Stage 3 has since started with a big win, and KangaMoon tokens have increased in price to $0.01125.
KangaMoon stands out in a highly competitive market. Unlike most projects which look to build on market hype, KangaMoon offers innovative social-fi features and an exciting P2E game. This game will let players battle characters for rewards, and spectators will be able to place bets on outcomes.
This gameplay is expected to be a big hit among KangaMoon investors, though the project’s social-fi features are where it truly shines. These features will let users profit from their social activity. They’ll be able to meet like-minded investors, build their network, and complete challenges for rewards.
Stage 3 of the KangaMoon presale has been its most popular to date. Hundreds of investors have flocked to the project over the past week, and KangaMoon has now raised over $1,00,000. As its momentum snowballs, experts believe that $KANG tokens will increase in value by around 220% during the KangaMoon presale.
The KangaMoon community is expected to become one of the fastest-growing DeFi ecosystems in 2024. The project aims to create a vibrant, bustling ecosystem, attracting like-minded investors worldwide. Should it succeed in this goal, KangaMoon could become one of the best-performing altcoins over the next 12 months.
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This article first appeared at crypto.news
