Solana and Shiba Inu on the shopping list while KangaMoon advances in its pre-sale – DiarioBitcoin
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New project / Presale: New projects and private token pre-sales may represent extra risk for investors. We recommend more caution and deeper analysis
By Sponsor
The KangaMoon team provides details on their project, analyzing the evolution of Solana and Shiba Inu amid a broader bullish movement in the market.
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While Solana and Shiba Inu bulls prevail, the new altcoin – Kanga Moon – is also attracting interest. Furthermore, these altcoins They top the buy list and holders expect them to rise further amid the current crypto bull market. Let’s find out more.
Solana Price Analysis
Solana formed a solid base at $166, at which point it began to rise. The solana coin had no problems breaking through the USD$175 and USD$180 barrier levels, taking advantage of the rise of other prominent cryptocurrencies such as Ethereum and Bitcoin. Solana is currently listed around the USD$180 markwith the time Solana price chart indicating a support level at USD$175.
Furthermore, the crucial levels to pay attention to are the main resistance level at $188 and the immediate resistance at $185. For the SOL/USD pair, the hourly MACD is solidly positioned in positive territory. As for the hourly RSI index, it continues above the 50 barrier, suggesting a strong bullish trend. However, in the event of a pullback, a more significant drop would expose the solana coin to a bounce towards USD$178 and the trend line.
Shiba Inu Trading Volume Rises Amid Whale Trades
Shiba Inu (SHIB)-owning whales are beginning to show signs of activity, coinciding with the Shiba Inu price hovering near a large leak. The number of large Shiba Inu transactions (those totaling more than $100,000) has increased, according to chain data. Whales are moving substantial volumes of Shiba Inu, often signaling major changes in the market.
Whales typically buy in anticipation of a favorable move in the market, so this activity often indicates an imminent price increase. Meanwhile, the Shiba Inu trading volume has increased above 189% to reach 1,020 million dollars while the Shiba Inu price It is currently trading at $0.0000259 per token.
KangaMoon (KANG): An altcoin in pre-sale
KangaMoon (KANG), a new proposal between alternative currencies, is causing a sensation with his approach. A special benefit that future KANG holders will experience will be the ability to participate in weekly, monthly and quarterly challenges that will award additional in-game tokens and items.
The true value of alternative currency will increase when these items are traded on the KangaMoon Market. As of now, KangaMoon has entered the bonus stage of its pre-sale and is 400% more expensive than its price set in the first pre-sale stage of USD $0.005. It currently sells for $0.025.
Furthermore, the BitMart exchange has announced that KANG will appear in the list on its market, while CoinMarketCap and CoinGecko have already included the alternative currency for your price tracking. KangaMoon promoters hope to launch the token for listing on exchanges in the second quarter of 2024.
Users can start earning tokens and rewards immediately by purchasing KangaMoon and promoting it on social media. Before its official launch, KANG holders will have access to the exclusive social-fi model.
Will Solana and Shiba Inu bulls join KANG bulls?
Since KangaMoon has a much smaller market capitalization, it requires less money to increase its price. With this functionality, KANG has the potential to grow, which could attract both Solana and Shiba Inu bulls.
Discover exciting KangaMoon (KANG) pre-sale opportunities today!
Disclaimer: This is a sponsored note produced by the KangaMoon team , hence DailyBitcoin DOES NOT endorse or promote the commercial offers, products or services cited throughout the text.
The marketing of cryptocurrencies in the pre-sale phase can be a risky activity, even more so if it is not done through a launchpad or known platform. We recommend that interested parties research more about the project and its value proposition before investing their capital, since any investment carries significant risks.
Text and image by KangaMoon
WARNING: This is an informative article. DiarioBitcoin is a media outlet, it does not promote, endorse or recommend any particular investment. It is worth noting that investments in cryptoassets are not regulated in some countries. They may not be suitable for retail investors as the entire amount invested could be lost. Check the laws of your country before investing.
