- NEO tops $22.8 amid broader crypto market rally.
- Kangamoon integrates SocialFi, Play-to-Earn, with $KANG tokens for group engagement.
- $KANG token presale exceeds $4.8 million with 32.4% bought.
NEO, one of many main altcoins, noticed a big rebound and crossed the $22.8 mark. The rise comes amid a broader restoration within the crypto market, notably because of bitcoin’s restoration after a flash crash over the weekend.
On the similar time, the brand new meme coin, Kangamoon, has additionally seen a surge in investor curiosity, pushing the entire quantity raised within the ongoing native token presale over $4.8 million.
NEO value breakthrough
Typically dubbed the “Chinese language Ethereum” as a consequence of its similarity in performance, NEO witnessed a outstanding value enhance of 25.30% in a single day to hit $22.89.
At press time, the tokeu value had pulled again barely to $21.72.
This enhance places NEO among the many high crypto gainers on varied buying and selling platforms at the moment.
Technical evaluation means that NEO value is consolidating inside an ascending parallel channel, indicating a bullish course. With the Relative Power Index (RSI) above the mid-level of “50” and the Easy Shifting Averages (SMA) rising, market sentiment stays bullish and nicely under the overbought zone.
If the worth of Bitcoin continues to rise, NEO may rise and keep above the highest of the channel, which it quickly broke at the moment, with the potential for retrieving its current peak at $23.83.
Kangamoon: meme coin with SocialFi and P2E mannequin
Amidst the crypto frenzy, a brand new participant is rising within the meme coin enviornment – Kangamoon.
Kangamoon goals to create a vibrant and inclusive group of meme fans whereas integrating SocialFi (social finance) and Play-to-Earn parts. The mission presents a singular platform the place customers can work together, develop and earn rewards by means of varied actions.
On the coronary heart of Kangamoon lies its native token $KANG, an ERC-20 token constructed on the Ethereum blockchain.
With a most token provide of $1,000,000,000, KANG tokens function the spine of the Kangamoon ecosystem. Customers can take part in group occasions, challenges and giveaways to earn $KANG tokens and unique rewards.
As well as, Kangamoon presents a social community mannequin that enables members to earn further tokens by actively participating with the platform.
Presale of $KANG Tokens
The pre-sale of $KANG tokens has garnered appreciable consideration within the crypto group, elevating $4,845,970,943 at press time.
With 32.4% of tokens already bought, anticipation is rising for the remaining 67.6% of tokens.
The pre-sale presents members the chance to acquire $KANG tokens at a reduced value with a ten% bonus accessible on all purchases within the fifth section of the pre-sale.
As soon as the pre-sale ends, token declare particulars might be made accessible on the Kangamoon web site, social media channels, publication and Telegram. Tokens might be accessible through a declare button on the web site, facilitating the method for members to say their $KANG tokens.
Conclusion
With the resurgence of NEO and the pre-sale success of Kangamoon, the crypto market is witnessing one other chapter in its ongoing saga of progress and innovation.
As Kangamoon continues to realize traction within the cryptosphere, the mission’s revolutionary strategy to group constructing and meme coin integration units it aside in an ever-evolving panorama.
