Ripple (XRP) recently unlocked only 500M XRP tokens to shake up market dynamics. Mantle (MNT) also has some news to share, with a new partnership with Ethena Labs. The KangaMoon (KANG) presale, which recently entered Stage 5, is seeing a surge of 290% so far. Market analysts hint that this altcoin could reach $0.5 in 2024.
Ripple (XRP) Unlocks 500M Tokens
Recently, Whale Alert noted that Ripple (XRP) has chosen to unlock 500M XRP tokens from its escrow wallet. This is a strange occurrence, as Ripple normally unlocks 1B XRP tokens at this point in time. With this Ripple news, its value may shift soon.
The Ripple crypto value movement saw a drop from $0.62 to $0.59 in the past 30 days alone. Its market cap sank from $34.06B to $32.41B during that time. However, the technical analysis for this altcoin shows a bullish picture. For instance, Ripple is now trading above its 100—and 200-day EMAs. Thus, experts predict Ripple will hit $0.85 within Q2 of 2024.
Mantle (MNT): Partnership With Ethena Labs
Meanwhile, Mantle (MNT) has also made headlines in the altcoin market. Notably, Mantle announced that MNT holders could lock their tokens to gain mShards and redeem them for Ethena Labs’s native token ENA.
When it comes to the Mantle crypto price, it rose from $0.89 to $1.25 over the past month. Its market cap surged from $2.88B to $4.03B in that period. Moreover, there are now 18 green technical indicators for this altcoin. Thanks to all this bullish Mantle news, analysts remain bullish. They foresee Mantle jumping to $1.89 before Q2 of 2024 ends.
KangaMoon (KANG): Altcoin Presale Enters Stage 5
The KangaMoon (KANG) altcoin is currently on the rise. This presale star has recently entered Stage 5 while providing early buyers a 290% ROI. With over 20,000 members and over 5,800 KANG holders in its community, demand for it is sky-high.
The project plans to capitalize on the Play-to-Earn (P2E) gaming market, which experts predict will be worth $885M by 2028. KangaMoon will introduce a new P2E game that uses KANG as the main in-game currency. Users will be able to buy items, upgrade characters and take part in limited-time challenges with this altcoin.
What makes KangaMoon unique is its dedication to giving back to its community. In other words, KangaMoon rewards the most active community members with free KANG tokens before the presale ends. As a result, countless traders are now rushing to like, comment on and share KangaMoon’s social media posts.
As mentioned, this altcoin is now in Stage 5 of its presale and costs just $0.0196 – 290% higher than its initial price. Because of this, the team behind KangaMoon has high hopes for growth potential. Certain market analysts forecast that this momentum will carry KANG to a projected value of $0.5 upon listing on a Tier-1 CEX platform in Q2 of 2024.
Will KangaMoon Rise Faster Than Ripple and Mantle?
While these cryptos are altcoins to watch, KangaMoon could beat out Ripple and Mantle in growth. One distinct advantage of KANG is its low market cap of $19.6M. In other words, KANG will surge much faster as it needs fewer new funds to be injected into it. To buy this altcoin, sign up using the links below and obtain a 10% bonus.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://KangaMoon.com/
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