Telegram’s New Feature Brings Trade Opportunity for TON Holders; KangaMoon, ImmutableX, Floki, and Gala Battles for Dominance
The post Telegram’s New Feature Brings Trade Opportunity for TON Holders; KangaMoon, ImmutableX, Floki, and Gala Battles for Dominance appeared first on Coinpedia Fintech News
Few days back, Telegram, a messaging platform with over 900 million users, made an update that now enables its users to send USDT, a stablecoin, through The Open Network (TON) blockchain integrated with the messaging service. Due to Telegram’s large user base, the usage of USDT on its network would indefinitely increase likewise its adoption— a factor that will also potentially impact the market price of Toncoin (TON).
Conversely, there’s a dramatic battle for market dominance going in the crypto space as tokens like Immutable X, Floki, and Gala each posing as the best crypto to buy. Interestingly, a new burgeoning meme token, KangaMoon (KANG) is joining this battle as meme coin enthusiasts are already venerating the token as one of the best crypto to invest in within the DeFi market.
KangaMoon (KANG) Is Merging The Meme Coin Market and DeFi Space to Launch an Immersive P2E Platform
The KangaMoon (KANG) meme coin project has already proven to be a compelling investment opportunity in the cryptocurrency realm.The platform offers not just trading but also social staking, collaborative projects, and immersive battle gameplay that particularly houses high-value and rare in-game items that can be earned as prizes.
KangaMoon additionally blends community-driven principles with innovative Social-Fi components, creating an engaging environment where users can participate in incentivized battles to earn KANG tokens. Now in its last presale phase, KangaMoon has seen substantial interest, with a notable 290% value increase on KANG price from an initial price of $0.005 to a current price of $0.0196.
The project has also raised presale funds reaching $5,718,733.876 with expectations to surpass $7M by the end of the current stage. Meanwhile, KangaMoon’s strategic roadmap includes listing on a Tier-1 exchange, which is expected to boost liquidity and visibility, ultimately increasing its chances of dominating other top meme coins.
Given its impressive run so far, analysts foresee a potential surge of up to 2,000% after launch, thereby ranking KangaMoon among the best crypto to invest in for substantial investment gains this year. In fact, some analysts predict KangaMoon could reach a price of $5 by year-end, highlighting its growth potential amid the bullish market that is to resurface during Bitcoin’s rise.
Toncoin (TON) Can Potentially Benefit Significantly From Telegram Using Its Network
The recent integration of USDT on The Open Network (TON) blockchain within Telegram carries significant implications for Toncoin. As users can now access USDT directly on this blockchain, it intensifies the competition within the stablecoin realm, where Tether’s USDT and Circle’s USDC dominate. This development underscores the need for Toncoin to enhance its features and market positioning to remain competitive amidst the growing popularity of stablecoins.
Holding strongly as the 9th largest crypto by market cap, Toncoin holds a substantial amount of market cap, over $21 million. The current weekly price range of Toncoin holds at $5.88 and $7.19 as the token just recently came down from an ATH of $7.63 eleven days ago. Now Toncoin has dropped by 14.14% this past week while maintaining over 40% rise in the past month.
The Further Rise of NFTs Will Propel The Value of ImmutableX (IMX)
Immutable X has the potential to dominate the crypto market and be the best crypto to buy, due to its focus on addressing critical issues in the NFT space, particularly scalability and cost-efficiency. By providing a layer-2 solution for Ethereum, ImmutableX offers faster transaction speeds and lower fees for NFT transactions, making it more accessible and appealing to a wider audience.
Meanwhile, Immutable X’s integration with Ethereum’s security and decentralization also adds credibility and trust, further enhancing its potential for widespread adoption among NFT creators, collectors, and investors.
Looking ahead, Immutable X is surely going to contribute on its own path to the projected $217 billion worth that NFT will hold by 2032. Currently, the Immutable X token is trading in a weekly price range of $1.80 – $2.28, after rising by 137% in the past year. Although Immutable has just pumped out of its support with a 0.54% weekly rise, it is still declining by 17.62% in the past month.
Floki Inu (FLOKI) Is Poised To Stay Relevant In The Meme Coin Metaverse Market
Floki has captured attention in the crypto market due to its strong community support and innovative approach to meme-based cryptocurrencies. Floki’s potential dominance in the crypto market is further bolstered by initiatives like Valhalla, a play-to-earn NFT metaverse game fueled by the FLOKI token.
This integration creates a positive impact by incentivizing users to hold FLOKI tokens, which are essential for making characters playable within the game on the mainnet. As a leading player in the gaming and meme coin space, attracting both gamers and investors seeking innovative opportunities will be far from difficult for Floki.
Floki token is currently holding in a weekly price range of $0.00013 and $0.000179 after rising by over 500% in the past year. Floki price seems to be correcting now with a 18.62% monthly decline. However the token is rising by 12.93% this past week.
Gala (GALA) Makes Significant Price Move After Months of Dormancy
The growing popularity of blockchain-based gaming and digital assets presents a significant opportunity for Gala to establish itself as a leading platform and the journey has more or less started. After not making bullish efforts since 2021, Gala coin finally surprised holders with a new 24.35% rise in the past year allowing the token to now hold in a weekly price range of $0.03881 and $0.05057.
Having proven to be a great contender for the best crypto to invest in within the GameFi market, Gala houses considerable potential. With tools and infrastructure for developers, Gala empowers the creation and monetization of blockchain games and NFTs, catering to a diverse range of users within the gaming and digital collectibles space. The Gala coin has seen a 9.14% decline in the past month but it is slowly reviving as it sees over 9.51% gains this past week.
Explore the thrilling opportunities available in the KangaMoon (KANG) presale today!
Website: https://KangaMoon.com/
Join Telegram Community: https://t.me/KangaMoonofficial
