Toncoin And KangaMoon Top The Weeks Watchlists, Crypto Analysts Predict KANG Could 5X In May

It’s been more than a week since Pantera Capital made a huge investment on TON blockchain, however the attention that was generated around Toncoin (TON) token has been a catalyst for its price appreciation ever since. As investors eye Toncoin for its recent growth, KangaMoon (KANG) also appears on the watchlist as the hottest meme coin launching this Q2. With the intriguing potential that KangaMoon has, analysts have placed it with Toncoin for top crypto coins that could possibly see a 5X increase this month. Let’s find out why!

Toncoin Price Increases By 9% After Huge Investment By Pantera Capital

Just about 11 days ago, Pantera Capital, a venture capital firm that is focused on blockchain technology and crypto investment, recently invested in TON (The Open Network) blockchain.  Since this development, Toncoin (TON) has seen a significant amount of attention from the altcoin market and its native TON token even saw a 9% increase, pushing it past the $5 mark. 

As Toncoin token keeps receiving attention from institutional investors, holders are contemplating the possibility of the coin hitting another ATH. However, much of this positive sentiment was particularly instigated by Pantera Capital. The reputable venture firm believes in TON’s potential, particularly its integration with Telegram, which could introduce crypto to more people. 

Meanwhile, Telegram has over 900 million monthly active users. By combining Toncoin’s ecosystem with Telegram’s user-friendly experience, Pantera thinks that TON network could become a significant player in the crypto space. Ultimately, analysts are suggesting that the possibility of Toncoin price seeing a 5X growth this month is highly plausible.

Promising Price Predictions; KangaMoon (KANG) Tops The List of Meme Coins to Watch

KangaMoon (KANG) has gradually stepped into the spotlight not just to dominate the meme coin market but to spark a new engagement style in the Play-to-Earn and DeFi space. The platform has seen quite the impressive growth rate and is even anticipated to grow by 1000% when it launches on top-tier exchange platforms later in Q2. Besides, this would only complement its already 400% price surge from an initial price of $0.005 to $0.025 in the ongoing sixth presale stage.

While KangaMoon hinges closer to completing its current presale stage where it has now collectively raised over $6.6 million, it is set to draw even more attention especially from gaming enthusiasts. Notably, KangaMoon’s upcoming metaverse-like gaming ecosystem incorporates both GameFi and SocialFi elements in what appears to be a revolutionary step in the altcoin market. Given its innovative approach, KangaMoon is sure to draw in a significant number of users that will surpass its current user base of over 23,000 members.  

In order to further amplify community engagement and market adoption, KangaMoon recently announced a strategic partnership with a community engagement bot called RaidShark. Currently, it is ushering its members to engage in thrilling raids on the ecosystem which offers an opportunity to win free $KANG tokens. Moreso, Its social media incentive has contributed significantly to the number of token holders which now stands at over 6,000.

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The act of rewarding users when they share and comment on its social media posts and when they participate in immersive battles can potentially place KangaMoon among top meme coins to watch in the industry. As such, Industry experts are already predicting that KANG will see a 5X growth this month and due to its capability of influencing the $10.9B P2E market cap, reflects its promising future.

Like TON Network, Can KangaMoon See Institutional Investment Before This Year?

The year is still just only reaching its half, but its potential to quickly gain traction is very likely. Its status as a meme coin is bound to propel its growth which can allow it to get noticed by institutional investors. Part of KangaMoon’s roadmap also includes creating more awareness after its exchange listings, hence the possibility of an institutional investment this year.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

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• Source: https://thecryptobasic.com/2024/05/14/toncoin-and-kangamoon-top-the-weeks-watchlists-crypto-analysts-predict-kang-could-5x-in-may/?utm_source=rss&utm_medium=rss&utm_campaign=toncoin-and-kangamoon-top-the-weeks-watchlists-crypto-analysts-predict-kang-could-5x-in-may