Altcoins stealing the show: KangaMoon announces new partnership, why are core and stacks surging?

Recently, altcoins have emerged as the main topic of discussion in the crypto market. Among them, KangaMoon (KANG), Core (CORE) and Stacks (STX) are gaining traction. For example, KangaMoon announced a major new partnership while CORE and STX soared on the price charts. Analysts hint that KANG, a Stage 5 presale star, may rise by 100x in 2024. 

KangaMoon (KANG): New partnership with RiotSharks

KangaMoon (KANG) is a rapidly growing altcoin in this sector. Having already raised over $5.8M and possibly reaching $6M before April 2024, this altcoin has demonstrated astonishing presale performance. KangaMoon recently announced a major partnership with RiotSharks, which will bring thrilling raids and a $1,000 monthly reward pool for users.  

Over 20K people have registered already for this presale star. They are excited because KangaMoon will enter the P2E gaming market, which is projected to reach 885 million by 2028. It will create a P2E game where KANG is the primary in-game currency. Holding this altcoin will also provide exclusive access to challenges for more rewards.

KangaMoon also has a community-driven focus. For example, KangaMoon gives its most active community members free KANG tokens before its launch. As a result, community members are now liking/commenting/sharing KangaMoon’s social media posts to gain KANG for free. 

Those who bought this altcoin early on are now enjoying a 290% ROI as its value sits at $0.0196. However, this is a Stage 5 presale price, and more price jumps will occur as it advances. Experts forecast a potential 100x surge once a Tier-1 CEX lists KANG in Q2 of 2024. This prediction makes KANG one of the altcoins to watch. 

Core price rises nearly 150% 

Meanwhile, Core (CORE) has also made some waves with its performance. According to CoinMarketCap data, the price of CORE increased from $0.98 to $2.24 in the past 30 days. Furthermore, the Core market cap jumped from $872M to $1.97B. This surge can be attributed to the spillover effect of the recent Bitcoin halving event. 

The Core crypto trades above its 21 and 50-day EMAs while boasting 18 green technical indicators. As a result, analysts have made a bullish Core price prediction. They foresee a rise to $3.85 before Q2 of 2024 ends for this altcoin. 

Stacks price analysis: Bullish trend ahead 

Another one of the altcoins to watch is Stacks (STX). CoinMarketCap data shows that the price of STX grew from $2.48 to $2.62 in the 1-week chart. Stack’s market cap surged from $3.62B to $3.81B during that period. This surge came after Stacks revealed the roll-out of the Nakamoto L2 upgrade. 

The Stacks coin shows promising signs from a technical analysis viewpoint, with its current bullish trend likely to persist. Notably, this altcoin is trading above both its 100-day and 200-day EMAs. Because of this, experts forecast a potential jump to $4.17 within Q2 of 2024 in their Stacks price predictions.

Will KangaMoon leave Core and Stacks in the dust?

KangaMoon has a market cap of $19.6M, just a fraction of Core and Stacks. Thus, KANG will need far fewer new funds to inject into it for its price to explode. This makes KANG one of the best altcoins to buy right now. If interested in KANG, sign up for its presale and get a 10% bonus. 

Discover the exciting opportunities of the KangaMoon (KANG) presale today!


Join Our Telegram Community:

Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.

Mark Peterson

Mark Peterson has been following the crypto market for the past seven years. As a crypto news journalist, he has recently joined our team. He regularly delivers the most recent happenings of the crypto space. He enjoys writing poems and exploring various crypto trading platforms in his spare time.

Related Articles

Back to top button