NEO rebounds previous $22.8 as this meme coin presale surges previous $4.8 million

• NEO surges previous $22.8 amid broader crypto market restoration.
• Kangamoon integrates SocialFi, Play-to-Earn, with $KANG tokens for group engagement.
• $KANG token presale exceeds $4.8M, with 32.4% bought.

NEO, one of many main altcoins, has made a big rebound, surging previous the $22.8 mark. This surge comes amid a broader restoration within the crypto market, significantly pushed by Bitcoin’s resurgence following a flash crash over the weekend.

On the similar time, a brand new meme coin, Kangamoon, has additionally seen a surge in curiosity amongst buyers pushing the overall quantity raised in its ongoing native token presale previous $4.8 million.

NEO value breakout

NEO, typically dubbed the “Chinese language Ethereum” as a consequence of its similarity in performance, has witnessed a exceptional value surge of 25.30% inside a day, reaching successful of $22.89.

At press time, the toke’s value had barely pulled again to $21.72.

This surge positions NEO amongst as we speak’s prime crypto gainers on numerous buying and selling platforms.

Technical evaluation means that NEO’s value is consolidating inside an ascending parallel channel, indicating a bullish bias. With the Relative Energy Index (RSI) above the ’50’ imply stage and rising Easy Shifting Averages (SMAs), the market sentiment stays bullish and nicely beneath the overbought area.

Ought to Bitcoin’s value proceed to rise, NEO may surge and stay above the higher boundary of the channel, which it quickly breached eariler as we speak, with a risk of reclaiming its latest peak at $23.83.

Kangamoon: a meme coin with SocialFi and P2E mannequin

Amidst the crypto frenzy, a brand new participant emerges within the meme coin enviornment – Kangamoon.

Kangamoon goals to create a vibrant and inclusive group of meme fans whereas integrating SocialFi (Social Finance) and Play-to-Earn parts. The challenge affords a novel platform the place customers can work together, develop, and earn rewards by numerous actions.

On the coronary heart of Kangamoon lies its native token, $KANG, an ERC-20 token constructed on the Ethereum blockchain.

With a most token provide of 1,000,000,000, $KANG tokens function the spine of the Kangamoon ecosystem. Customers can take part in community-driven occasions, challenges, and giveaways to earn $KANG tokens and unique rewards.

Moreover, Kangamoon affords a social-fi mannequin, permitting members to earn additional tokens by actively participating with the platform.

$KANG token presale

The presale occasion for $KANG tokens has garnered important consideration throughout the crypto group, elevating $4,845,970.943 at press time.

With 32.4% of the tokens already bought, there’s rising anticipation for the remaining 67.6% of the tokens.

The presale affords members the chance to accumulate $KANG tokens at a reduced fee, with a ten% bonus obtainable on all purchases in Stage 5 of the presale.

As soon as the presale ends, token claiming particulars might be made obtainable on the Kangamoon web site, social media channels, publication, and Telegram. Tokens might be accessible by way of a declare button on the web site, facilitating a seamless course of for members to accumulate their $KANG tokens.

Conclusion

With NEO’s resurgence and Kangamoon’s presale success, the crypto market witnesses yet one more chapter in its ongoing saga of progress and innovation.

As Kangamoon continues to achieve traction within the crypto sphere, the challenge’s revolutionary method to group constructing and meme coin integration units it aside in an ever-evolving panorama.