The month of July is expected to be a good period for all altcoins, including KangaMoon and XRP. This expectation is because many analysts believe Ethereum ETFs will start trading during this period. Presently, the prices of KangaMoon and XRP have increased on the monthly timeframe.
Although crypto_pisano says the price of XRP could surge to $1 soon, CryptoTony believes it will drop to $0.3600. On the other hand, market experts forecast the value of KangaMoon will soar to $0.1 before the end of July.
KangaMoon Defies Bear Market, Sets Bullish Price Trajectory for July
Over the past few weeks, investors have been showing high interest in a gaming project called KangaMoon. The KANG token of KangaMoon is listed on two price charts, CoinGecko and CoinMarketCap, which has brought more attention to the project. KangaMoon token has also been listed in top exchanges such as Uniswap and BitMart.
Figures obtained from CoinMarketCap pointed to a more than 150% spike in the value of KangaMoon after it was added to BitMart. Because of the surge, the price soared to $0.1 before witnessing some losses, most likely due to selling pressure. The good news is that another price surge is on the way. KangaMoon was recently also listed on MEXC, another top exchange.
So, Market experts say another price surge is coming, which could take KangaMoon’s value past $0.1 to $0.5. Smart investors are already taking advantage of KangaMoon’s staking feature to grow their holdings. The process is very simple. Buy your tokens from either BitMart, Uniswap, or MEXC then go to your KangaMoon dashboard, and then select the number of tokens you want to stake.
Let us see what KangaMoon is all about. KangaMoon is a project that seeks to build a community where members can interact with one another, play games, and earn rewards. There will be weekly and monthly competitions to bring more life to the ecosystem. Those who take part in such activities can win NFTs and KANG coins as rewards. Also, individuals can place bets on participants to win rewards, adding more fun and thrill to the games.
The KangaMoon token will let users buy in-game stuff, upgrade their Kangaverse avatars, and play special games, making it a good crypto to buy. As investors continue to buy more KangaMoon tokens, analysts predict its market cap will reach $100 million and even $1 billion. Meanwhile, KangaMoon’s upcoming “Kangaverse” game is on the way. Get ready.
XRP (XRP) Future Outlook for July
Although Ripple is still battling the lawsuit with the US SEC, the price of its native token, XRP, has been on an uptrend in the past week. Data from CoinMarketCap shows the value of XRP coin has risen by 33.2% on the weekly chart. It has also increased by 18.4% on the biweekly timeframe and 17.4% on the monthly chart.
Talking about the price performance, XRP has recovered above $0.5. The XRP coin is up following a whale transaction of over 23 million XRP from Binance to an unknown wallet reported by Whale Alert. Earlier, three whales transferred 110 million XRP coins to unidentified wallets, and this showed that investors are confident in the token.
As for the future price prediction, a crypto trader by the pseudonym Crypto_Pisano predicts that the price of XRP could break the $1 barrier soon. Amonbuy says a new all-time high is around the corner. They predict the XRP price might rise to $2 first in July and then $16 later on.
On the flip side, CryptoTony told his followers the price of XRP will plummet. The Ripple price chart he posted on X showed the cryptocurrency dropping as low as $0.3600.
Conclusion
Analysts forecast the value of XRP and KangaMoon could skyrocket in the month of July because their price movements are currently bullish. However, one top analyst, CryptoTony, says the price of XRP might fall to $0.3600. So, invest with caution.
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