Scott Melker Sees ETH Reaching $8K; KANG Selling Out Quick As ADA Price Dips
The post Scott Melker Sees ETH Reaching $8K; KANG Selling Out Quick As ADA Price Dips appeared first on Coinpedia Fintech News
Scott Melker, a popular crypto investor, in a recent YouTube video speculated on several cryptocurrencies and the prices that they could reach. While speaking on Ethereum token, he particularly stated how possible it is for Ethereum to hit $8K this year. Meanwhile, with over 70% of its final presale tokens sold, the new meme coin gem– KangaMoon (KANG), is already showing signs of selling out its fifth presale phase which will be immediately followed with listings on top-tier exchange platforms. Conversely, Cardano (ADA) holders embrace patience as Cardano token declines, albeit, with the potential of a rebound in due time.
Ethereum (ETH) Stays Fairly Positive Even As It Enters Monthly Lows
Scott Melket has raised the bar for Ethereum (ETH) as many token holders are looking to capitalize on his Ethereum speculation for this year. Indeed Scotts’s $8K speculation for ETH token’s possible peak this year isn’t far-fetched. In the past year, Ethereum has maintained a pretty fair price trajectory, gaining by over 60% YTD, showing a fair dominance in the DeFi market.
Ethereum token has however entered into a rough bullish market as its price has gone down by 13.06% in the past month. The token is however making some recovery as it exhibits over 1.30% rise in the past week. Currently, the token holds in a weekly range of $3,035.20 – $3,281.26.
KangaMoon (KANG) Can Potentially Sell Out It’s Final Presale Stage Before April Ends
KangaMoon (KANG), an ERC20 token, is currently in its 5th presale stage where it is now selling for $0.0196. Each presale stage has seen price increases, offering early buyers up to 290% return, especially those that joined when the token was offered at an initial price of $0.005. Meanwhile, with a 10% discount on every KANG token purchase, KangaMoon is already showing signs of selling out its presale tokens before the end of the month.
In perspective, KangaMoon meme coin stands out as a play-to-earn platform where participants can engage in community activities like battle contests and receive $KANG tokens and other in-game prizes. Asides engaging in various challenges to earn rewards, those who promote the project through comments, tweets, or shares are also rewarded with free KANG tokens.
To further boost engagement on the platform, KangaMoon has partnered with a community engagement bot–RaidShark. The aim of this collaboration is to urge members to participate in thrilling raids where up to $1000 cash prize is up for grabs— an incentive that could surely increase the attention it raises in the meme coin market.
With very limited tokens left to be sold in the presale, KangaMoon is already gearing up for a promising launch in the DeFi market as it promises to list on several exchanges almost immediately after presale. Given its impressive run so far, the project has already attracted over 20,000 users and boasts more than 6,000 token holders, further reinforcing analysts’ prediction of significant gains, possibly reaching 20x in the coming months.
Cardano (ADA) Sees Decline As $ADA Shows Selling Signal
Cardano (ADA), renowned for its robust community, found its native ADA token among the volatile altcoins this month. Significant price fluctuations in the market forced the native Cardano token to price as low as $0.46, resulting in a market capitalization of $16.6 billion.
Having priced as high as $0.63 at the start of the month, Cardano price drop signifies as a deep downtrend. While Cardano token is currently holding in a weekly price range of $0.465 and $0.521, it has dropped by nearly 30% in the past month and over 1% this past week.
Will KangaMoon Still Be Relevant In The Next Decade?
The blockchain gaming worldwide market is expected to reach $301.53 billion by 2030, which is a substantial increase to expected at the start of the next decade. Since KangaMoon fully pioneers the first meme coin gaming metaverse, the possibility of the platform to remain relevant and contribute to the aforementioned statistics is highly possible.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Telegram Community: https://t.me/Kangamoonofficial
