Cardano’s Growing Adoption Fuels Bull Run
According to Dan Gambardello, Cardano’s growing adoption is set to fuel its bull run, which might see this crypto outshine Dogecoin within the altcoin market. Amid this speculation, crypto whales are now considering KangaMoon (KANG) and Polygon (MATIC) investments, with KangaMoon’s impressive performance in its bonus presale seeing it surpass the $8 million milestone while eyeing the $9 million mark by the end of June. Polygon has also announced an impressive partnership with Fleek to boost on-chain cloud solutions, a move that could see Polygon outshine most of the top altcoins in the crypto market.
KangaMoon (KANG) Presale Hit $8M As CEX Listing Nears
KangaMoon (KANG) has managed to surpass the over 10,000 token holders, having raised over $8M in presale. The number of registered community members has also surged to over 33,000 as the project continues to witness more adoption. Owing to this, crypto analysts have already added this unique coin to the list of top altcoins to watch out for in 2024.
Additionally, a top exchange platform BitMart has announced that it will be listing KANG soon. Other exchanges, including Uniswap, are likely to list the KangaMoon token in the coming weeks, making now an opportune moment to buy this altcoin. Currently, KangaMoon is in its bonus presale stage, where the token is going for just $0.025. For early investors, this price represents a 400% return on investment.
Two of the popular price tracking websites, CoinGecko and CoinMarketCap, have already listed KangaMoon, making it quite simple for traders to study this best crypto market trend. One outstanding feature that sets KangaMoon apart from the rest of the cryptos is its community-based focus. According to coins tokenomics, 25% of the total supply, representing 250M tokens, will be mapped out for in-game rewards. As such, the platform will give back to its community through social media campaigns.
Moreover, KangaMoon, a revolutionary altcoin, aims to combine SocialFi and GameFi structures to build a vibrant community for gaming enthusiasts. With KangaMoon, users will have the chance to engage in different challenges and win prizes and rewards. The Kangaverse’s surging momentum has been driving this coin’s adoption, with increased potential of hitting the $1 mark in 2024, making it one of the best altcoins to invest in 2024.
Cardano (ADA) Growing Adoption Might Fuel its Next Bull Run
Renowned crypto analyst Dan Gambardello believes that Cardano (ADA) is preparing for a parabolic surge following recent developments within its ecosystem. In his post, Gambardello indicated that the Cardano Foundation’s collaboration with both Dubai police and Argentina utilizes the technology as a major catalyst for the blockchain project.
Gambardello also added that the US is exploring the deployment of Cardano in the voting processes. The analyst believes that these outstanding developments will highly contribute to the growth of Cardano, ushering ADA into the era of Voltaire, a community-run chain, as charts indicate a potential parabolic bull market for the altcoin.
Polygon (MATIC) Teams Up with Fleek to Boost On-Chain Cloud Solutions
A computing platform, Fleek, has teamed up with Polygon Labs to provide web services for the Polygon CDK projects. According to the recent announcement, this strategic partnership will aim at delivering a new class of highly performant and permissionless web services built on Fleek’s on-chain cloud infrastructure. The partnership will also address the limitations of the current cloud platforms while offering a cost-effective and secure alternative.
This collaboration comes as Polygon gains traction as a leading layer-2 scaling solution for ETH. By providing cheaper and faster transactions, Polygon (MATIC) addresses most of the pressing issues facing the ETH network, including high gas fees and slow transaction periods, positioning this best crypto as a strong contender within the altcoin market.
Will KangaMoon Outshine the Likes of Cardano and Polygon?
KangaMoon’s smaller market cap gives it a better chance of outshining the likes of Cardano and Polygon within the altcoin market. Moreover, its overall presale performance has clearly showcased the coin’s ambition of becoming one of the best altcoins to buy now, having recorded an impressive price surge.