There were some exciting developments in the DeFi market recently. EasyA, the educational platform, has announced its strategic alliance with Ripple (XRP). Meanwhile, Solana (SOL) has experienced a 30% price surge. On top of all that action, analysts predict that the new presale meme coin KangaMoon (KANG) may pump by 35x in Q2 of 2024.
EasyA Collaborates With Ripple (XRP)
Recently, EasyA announced that it will be collaborating with Ripple (XRP) on a new strategic partnership. The two entities will work together to help educate the next developers. As a result, this will allow them to contribute effectively to integrating XRP Ledger (XRPL) with EVM programmability.
This Ripple news has helped this altcoin’s value. The Ripple crypto value jumped from $0.50 to $0.53 in the past week alone. Its market cap increased from $27.53B to $29B during that time. As it trades above its 200-day EMA, experts predict that Ripple may surge to $0.56 before February 2024 ends.
The Solana Price Skyrockets
Meanwhile, Solana (SOL) has been trading in the green. CoinMarketCap data shows that the Solana price increased from $81.52 to $104.28 over the last seven days, and the SOL market cap pumped from $34.77B to $45.40B. Even crypto analyst Michaël van de Poppe hints that Solana could surge to $140 soon.
From a technical perspective, this altcoin could continue this bullish trend. Sentiment is bullish, as 26 technical indicators are green. Because of this, market analysts have made a bullish Solana price prediction. They forecast a pump to $117 for Solana before the end of Q1 of 2024.
KangaMoon (KANG): An Innovative Meme Coin
KangaMoon (KANG) has recently become a highly discussed community-driven meme coin. It is gaining momentum due to its unique approach of merging Social-Fi and play-to-earn (P2E) elements. KANG looks to set itself apart from other meme coins by having actual utility as an in-game currency as well as being community-driven.
Players can buy in-game items, power up their character, and more with KANG. On top of that, there’ll also be a marketplace where players can sell or trade in-game collectibles they get their hands on. In other words, there’s a way for people to monetize their gaming time.
The KangaMoon Social-Fi model is what makes it possible for the KANG token holders to get additional coins. They do this by participating in weekly, monthly, and quarterly challenges as well as exclusive giveaways.
At the moment, KangaMoon presale has started with the price of one KANG at $0.005. However, industry experts are predicting an immediate 350% price surge in Q2 of 2024 once it gets listed on a Tier-1 CEX.
Considering how big the play-to-earn NFT gaming market is now, with Yahoo Finance claiming $329M in 2022, this price prediction seems easily achievable. As a result, KANG could become the next top meme coin in 2024.
Will KangaMoon Outshine Ripple and Solana?
With a small market cap of $5M, KangaMoon could outshine Ripple and Solana. To clarify, KANG will not require many new funds to be poured into it to surge. Because of this, KANG may be the best crypto to invest in.
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