Shiba Inu tops buying and selling on WazirX as KangaMoon presale hits $4 million

• Shiba Inu (SHIB) reportedly dominated buying and selling quantity on India’s largest crypto alternate WazirX in March.
• KangaMoon presents presale contributors an opportunity to earn KANG earlier than its recreation and NFT launch.
• The venture is at present in stage 5 of its presale and has raised over $4 million.

Shiba Inu (SHIB) topped the listing of most traded tokens on India-based crypto alternate WazirX in March, in response to a information replace the alternate shared through X. 

In the meantime, new meme coin venture KangaMoon (KANG) has surpassed the $4 million mark in its presale.

Shiba Inu leads in buying and selling quantity on India’s WazirX

In accordance with a publish on X, SHIB topped month-to-month buying and selling volumes for March, surpassing Bitcoin (BTC) and prime meme cash Pepe (PEPE), Floki (FLOKI) and Dogecoin (DOGE).

Buying and selling quantity hovering in India is a mirrored image of the token’s energy, notably with meme cash dominating amid a shift to long-term outlook somewhat than speculative hype.

As one of many prime meme initiatives, Shiba Inu is trying to transcend the meme tag. 

The Shiba Inu staff has focused this progress with the launch of the DEX platform ShibaSwap and layer-2 chain Shibarium. There’s nice traction for the token amid total positivity across the meme coin ecosystem.

Whereas the worth of SHIB, the second-largest meme coin by market cap behind Dogecoin, has decreased this previous week, it stays one of many prime trending tokens. SHIB value is up 3% prior to now 24 hours and can also be inexperienced towards BTC and ETH.

KangaMoon (KANG) venture good points traction amid meme craze

KangaMoon is a brand new meme coin that integrates the very best of SocialFi and play-to-earn. The digital immersive world of a kangaroo boxing journey and NFTs imply KangaMoon’s design has two of the most popular traits out there.

The entry to the P2E recreation and NFTs are thus prime options that put KangaMoon within the combine for finest altcoins to purchase out there right now.

However greater than this, it’s the providing of actual utility and worth to its token holders proper from when one joins the presale that units this venture aside in a flooded crypto presale market.

Not like many meme coin initiatives, KangaMoon goes past being community-driven to supply in-game property that make monetization of gaming time of actual profit to KANG holders.

The venture has a complete provide of 1 billion tokens, 60% of which (600 million) can be found in presale. One other 150 million are for in-game rewards, whereas staking and buybacks will account for 100k and 50k respectively.

Do you have to purchase KangaMoon as presale hits $4 million?

At present in stage 5, whole quantity raised has crossed the $4 million mark, with value rising from $0.005 to $0.0196. The worth stays comparatively at extraordinarily discount ranges, suggesting shopping for now may very well be an enormous alternative.

Specifically, that is an outlook more likely to strengthen as consultants predict continued progress for meme cash. Additionally notable is the estimated progress for the worldwide play-to-earn and NFT recreation market, with analysis exhibiting a possible spike from $3.6 billion at a CAGR of 21.3% to 2028.

With KangaMoon, meme tradition meets the advantages of P2E and SocialFi, with anybody in a position to earn KANG tokens by collaborating in numerous gameplay challenges.

If they don’t seem to be partaking in epic battles, token holders can faucet into the highest fighters’ potential by putting bets.  KANG rewards can be found weekly, month-to-month and quarterly.

The thrill round this venture has seen the KangaMoon presale achieve large recognition. Buyers who could have missed Shiba Inu, Pepe, Floki and just lately dogwifhat, are more and more betting on KANG. 

Study extra about KangaMoon right here.