Bitcoin Money, Stacks rally as BTC breaks $57k; KangaMoon eyes breakout presale

• Bitcoin Money and Stacks are amongst altcoins to surge as Bitcoin value broke above $57k as we speak.
• KangaMoon (KANG) is a brand new meme coin providing real-world worth by way of a Social-Fi and play-to-earn (P2E) ecosystem.
• The venture’s presale has accelerated into stage 2 as buyers eye a possible 20x token.

Bitcoin Money (BCH) and Stacks (STX) rallied as Bitcoin value broke above $57,000 to strengthen bulls’ makes an attempt to achieve the final bull market’s peak. BCH added 14% to commerce at $303 whereas STX value jumped 24% to $3.14.

Elsewhere, Dogecoin pushed to $0.09 as meme cash regarded to pump amid the BTC momentum. This sentiment cascaded into the presale market, the place KangaMoon (KANG) is attracting large consideration from buyers.

Bitcoin value spike pushes BCH, STX larger

As soon as Bitcoin broke above $54k, bears had no reply as the following few hours noticed the benchmark cryptocurrency blast previous $57k. In accordance with TradingView information, $BTC value rose as excessive as $57,250 on US-based crypto change Coinbase.

The transfer noticed tens of millions of {dollars} in shorts liquidated, with $BTC accounting for over $189 million of the $271 million early Tuesday.

Though main altcoins posted barely unimpressive good points, Ethereum nonetheless managed to cross above $3,200. Theta Community (THETA), Bitcoin Money (BCH) and Stacks (STX) nonetheless outpaced the remainder of the highest 50 cash by market cap.

Analysts say these tokens may rally larger as BTC outperforms – notably with the halving lower than two months away. 

KangaMoon: The brand new period of MemeFi and play-to-earn

KangaMoon is a brand new venture aiming to grow to be the highest meme coin by providing the crypto neighborhood entry to the most effective of Social-Fi and play-2-earn (P2E).

The ERC-20 token can have a most provide of 1 billion tokens. 60% or 600 million tokens can be found for presale, whereas 150 million and 100 million will go to in-game rewards and staking rewards respectively.

Whereas an ecosystem crammed with enjoyable actions, KangaMoon additionally units itself aside from the horde of meme cash on the market with a layer of real-world worth. In contrast to Dogecoin or the numerous copycats it impressed, KangaMoon’s $KANG holds actual utility that comes at each competitors and problem.

Holders of $KANG can have an opportunity to earn rewards or win main prizes in weekly, month-to-month or quarterly challenges. One of the best a part of this venture is that $KANG holders can begin incomes token rewards straightaway.

When you purchase the utility token in the course of the presale, you may start to monetize your gaming time and accumulate extra $KANG earlier than the token launches post-presale.

What this venture goals to do is foster a vibrant ecosystem the place Socia-Fi and gaming mix to supply worth that different meme cash don’t. The KangaMoon digital world additionally contains NFTs.

KangaMoon value outlook: Will $KANG 20x in 2024?

In accordance with a current analysis report, the worldwide P2E and NFT video games market is estimated to develop by a CAGR of 21.3% to $6324.54 million by 2031. KangaMoon is poised to take this market by storm, having raised over 

The venture’s presale affords meme fans and the crypto investing neighborhood an opportunity to seize $KANG and be part of a high tier play-to-earn ecosystem.

The presale can also be a possibility for early adopters to be a part of a community-driven crypto venture that analysts forecast could possibly be a 20x token in 2024. 

With earlier bull runs for Bitcoin coinciding with a later distribution of earnings into alts, analysts see a rally for BCH and STX extending. Memecoins are additionally set to revenue from this sentiment in coming months, and main this new period can be KangaMoon (KANG).

Be part of the presale or study extra right here.