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Bitcoin’s recent price rise has sent the crypto market into a buying frenzy. Its market cap could now exceed $2 trillion, which could lead to a significant industry-wide rally.
These two projects are being reviewed by some crypto lovers: VeChain and KangaMoon, whose future is uncertain. Having hit a new two-year high, experts believe VeChain could surge an extra 20%. Reportedly, crypto lovers want to do research and obtain transparent information about the KangaMoon pre-sale.
VeChain Reaches Two-Year High
VeChain has been one of the best performing cryptocurrencies in the last week. In just 7 days, its value increased by 57%, pushing VeChain to a two-year high of $0.0478. This growth was affected by two developments.
First, Bitcoin crossed $52,000, sending the crypto market into a buying frenzy. Many projects have seen returns of over 15% in the last 24 hours. However, VeChain has outperformed the market due to a second development.
VeChain announced that it will expand its partnership with DNV GL and Renji Hospital by developing the Digital Smart Cloud Tumor Center. This seven-year collaboration has demonstrated how blockchain technology can impact the healthcare market, and the new center is expected to take this to the next level.
Since its announcement, VeChain’s daily trading volume has increased by 417%, placing VeChain among the top 20 cryptocurrencies by trading volume.
However, some experts believe that VeChain may soon face new resistance. As overall market excitement slows down, bear market pundits suggest VeChain could fall below $0.045, indicating that time for investors to capitalize on the altcoin’s growth may be limited.
KangaMoon (KANG) Pre-Sale Raises $150,000
KangaMoon, whose future is uncertain according to the sponsored content sender, is claimed to revolutionize social-fi and P2E gaming with its new ecosystem. The project aims to create one of the largest and most active communities of meme and crypto enthusiasts through its social-fi model. The project is new and its future is uncertain, detailed information research should be done before taking any action.
According to the content poster, KangaMoon will actively reward individuals who engage with other investors within its community. Individuals will be eligible for weekly, monthly and quarterly rewards, which will include KangaMoon’s utility token, KANG. But the future of the project is uncertain.
During its pre-sale, KangaMoon will reward players who promote the KangaMoon pre-sale with extra tokens, which is expected to accelerate the adoption of the project. So far, the meme coin has already reached several milestones, including raising over $150,000.
To differentiate itself from other meme coins, KangaMoon will also allegedly offer a P2E game. This game will allow players to earn lucrative rewards by fighting characters, and these rewards can be traded on the KangaMoon marketplace. But it is not known whether it will be successful or not.
KangaMoon is currently in the first phase of pre-sale. KANG tokens are sold for $ 0.005 and crypto lovers get information about the integrity of the project and its team.
Could KangaMoon Be the Next Big Breast Project?
The project team is optimistic about KangaMoon, which is rapidly making a name for itself in the DeFi field. After its pre-sale, it is wondered whether KangaMoon will be accepted by the stock exchanges. The project is new and may fail, there is a risk.
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*This article is not investment advice! This is sponsored (advertising) content. Cryptocurrency investments are high-risk investments and there is a risk of investment loss. Do your detailed research before investing!
