In a recent interview with a media network, Kim Grauer, Director of Research at Chainalysis provided in-depth insight into the current market trajectory. In Kim’s words, “unlike previous hype-driven bubbles, the current growth trajectory seems more sustainable.” According to Kim, this sustainability stems from the growing adoption of stablecoins, which have emerged as vital tools for mitigating volatility and facilitating real-world transactions within the crypto ecosystem. However, in addition to stablecoins, some top altcoins have also exhibited unique potential to drive a sustainable crypto economy. They include Chainlink (LINK), Near Protocol (NEAR), and new market entrant, KangaMoon (KANG).
KangaMoon’s Increasing Adoption Validates the Uniqueness of Its Meme Coin Project
KangaMoon (KANG) has set a new standard in the meme coin market by introducing an utility-packed meme coin that finds purpose at the intersection of SocialFi and GameFi. For context, KangaMoon’s immersive ecosystem dubbed “Kangaverse” incorporates a GameFi’s Play-yo-Earn model that enable players to engage themselves in battle-themed contests and other thrilling activities like speculative betting and get rewarded while at it.
In addition to thrilling gaming experience, KangaMoon also adopts a socialFi strategy that incentivizes participants for their social interaction both on-chain and off-chain. Meanwhile, these incentives, which typically come in the form of KANG tokens and other valuable in-game items, can be traded on a dedicated marketplace for real world value.
Given its promising prospect, KangaMoon has attracted enormous interest from diverse sectors of the crypto market, part of which have contributed to its presale milestones. For one, the meme coin project is fast approaching the $7M funding milestone having raised over $6.6M so far. Also, in the ongoing fifth presale stage, the price of the native KANG token has increased from an initial price of $0.005 to $0.025, reflecting up to 400% ROI for early buyers.
Furthermore, KangaMoon now boasts of a rapidly-growing community consisting of over 23,000 registered members. However, in a bid to scale faster, KangaMoon recently partnered with RaidShark. Besides amplifying adoption, the latest partnership will also help KangaMoon to penetrate the social media space. Moreso, with plans to list on top-tier exchanges soon, experts are expecting the KANG token to gain prominence in no time.
Near Protocol (NEAR) Growing Integration Is a Recipe for Sustainability
Near Protocol (NEAR) has witnessed a growing number of integration lately with the latest of them being Prom.io. This strategic partnership allows Prom to tap into Near Protocol’s data availability solution which promises among other things scalable and cost-effective data sharding.
The beauty of this partnership is in its simplicity and seamless integration. Like Prom, there has been a growing number of projects relying on Near protocol’s DA solution, thereby driving demand for the native NEAR token. With the growing demand for data availability solutions, analysts are optimistic about the sustainability of NEAR token, placing it highly among the best crypto coins to buy now.
Chainlink (LINK) Continue to Thrive on Partnership and Integration
Like Near protocol, Chainlink (LINK) has closed even more partnerships in recent times. Just few days into the month of May, the decentralized blockchain oracle network has announced its integration on platforms like Abyss World HQ, Index Coop, RD technologies, Truflation and many more. Notably, Chainlink network serve a crucial role in the crypto world by facilitating the transfer of tamper-proof data from off-chain sources to on-chain smart contracts.
Meanwhile, the native LINK tokens are used to pay node operators for retrieving data for smart contracts and also for deposits placed by node operators as required by contract creators. Given its crucial role in the crypto ecosystem, the native LINK token is poised to maintain a solid position among the best crypto coins to buy now.
Can KangaMoon Dominate the Crypto Market Alongside NEAR and LINK token?
KangaMoon, like Chainlink and Near Protocol, is a pioneering crypto project. Not only does it boast a profit potential, but its innovative blend of SocialFi and GameFi is one to disrupt the meme coin market.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Our Telegram Community: https://t.me/Kangamoonofficial
Recommended for you:
Subscribe to our daily newsletter!
No spam, no lies, only insights. You can unsubscribe at any time.
