Solana has been one of the best performing altcoins in 2024. Its price has experienced several consecutive increases, and SOL recently passed a resistance level to hit $130. In the process, Solana has outperformed projects like Avalanche, which has seen price declines over the last 60 days.
At the same time, KangaMoon raised over $600,000 during stage two of its presale. Experts now believe KangaMoon will soar in March, which has put $KANG in high demand.
Solana Hits A 22 Month High
Following a 34.5% rally over the last 30 days, Solana hit a 22-month high of $131. This milestone takes Solana’s annual returns to 520%, and Solana is now ranked the 5th largest cryptocurrency by market cap.
Several factors have influenced Solana’s recent rally. Firstly, the crypto market is going through a bull run. Bitcoin is closing in on a new all-time high, and as a result, the market is booming.
Secondly, Solana meme coins are taking the market by storm. This has increased Solana activity, resulting in SOL price increases.
Avalanche Pushes Towards $50
Avalanche has started to recover after a poor performance in February. Over the last 7 days, Avalanche’s price increased by 15.54% and AVAX passed its former resistance of $40. This sudden increase has triggered a rise in buying momentum, and some experts believe that Avalanche is on track to pass $50 if its current bullish momentum continues.
On March 6, Avalanche will release a new upgrade that could further drive up the price of AVAX. However, some experts remain bearish. Given that Avalanche’s monthly returns sit at just 20%, the project could struggle to build momentum as investors choose more profitable alternatives.
KangaMoon (KANG) Hits A New Presale Milestone
KangaMoon (KANG) made headlines throughout February due to its strong presale performance. The first two rounds of its presale quickly sold out, and now in stage three has raised over $600,000.
KangaMoon is proving to be popular due to its social-fi model. The project allows users to immerse themselves in a community designed for crypto enthusiasts. Here, individuals will be able to network, meet like-minded individuals, and win rewards for their social interactions.
The project will also offer a P2E game where players can battle for lucrative prizes. Outside of its game, users will be able to complete challenges, and they can sell rewards through KangaMoon’s marketplace.
Now in stage three hundreds of new investors are joining the project daily. Investors who get involved before stage three sells out will be able to get a 10% buy bonus on their order, and they’ll be able to purchase $KANG tokens for just $0.01125.
Is KangaMoon Underrated?
As headlines focus on popular altcoins like Solana, KangaMoon could offer significantly higher returns. Experts speculate that KANG will surge by 220% during the KangaMoon presale alone, which will allow early investors to make better returns than most mainstream investors.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
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