Altcoins
Bitcoin Cash, Jupiter and KangaMoon lead April altcoin rally
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April’s crypto spotlight is on Bitcoin Cash, Jupiter and KangaMoon, three altcoins poised for potentially significant growth. With Bitcoin Cash trending upward, Jupiter aiming to reach new highs, and KangaMoon pre-sales progressing rapidly, investors have exciting opportunities to diversify their portfolios.
Bitcoin Cash (BCH), Jupiter (JUP), and KangaMoon (KANG) are the three major altcoins offering an alternative source of income beyond traditional income. Bitcoin Cash price is particularly notable for its recent bullish momentum as it approaches a crucial resistance level. Likewise, native token Jupiter is making waves with a bullish streak, aiming to surpass its previous all-time high (ATH) of $2 from two months ago.
Meanwhile, KangaMoon is another interesting project to watch out for. Having achieved several milestones, including crossing the $4 million pre-sale funding milestone, KangaMoon positions itself as one of the top coins to watch for investors looking for potential growth opportunities in April.
KangaMoon Maintains Increase in User Base and Presale Revenue
The importance of KangaMoon The platform is its ability to combine the concepts of GameFi and SocialFi in order to provide users with the most enhanced engagement.
With over 20,000 registered community members and 5,800 KANG token holders, the current pre-sale stage is still attracting more users as a large number of investors prefer additional incentives, such as a 10% bonus on each purchase of KANG, thus adding to the startup’s financial influx. Analysts expect the KangaMoon token to be listed on Tier 1 exchanges by the second quarter of 2024.
After surging 291% from $0.005 to $0.0196, experts’ predictions for the year suggest KangaMoon will hit $1. This would be a remarkable feat in both the coin market and the blockchain gaming industry.
Overall, KangaMoon fundamentally offers a more sustainable part of blockchain game monetization. In particular, players can show off their skills, participate in battles and be rewarded for their successes, in the same way that spectators could do by predicting matches to win prizes. KangaMoon is undoubtedly one of the top cryptocurrency choices this year by investors ready to take the bull by the horns.
Bitcoin Cash is experiencing a monumental rise
In just 14 days, Bitcoin Cash has recovered from a bearish position below its weekly and monthly support at $455.97. However, after experiencing a few rebounds, Bitcoin Cash was able to break above its support again and has been on an uptrend ever since.
Up over 32% in the past week and over 41.95% in the past month, Bitcoin Cash has seen impressive gains. The price of Bitcoin Cash is now maintained in a weekly range of $472.61 and $696.91.
Jupiter sees everything green
The Jupiter token, on the other hand, plunged below its weekly support price of $1.34 early last week. However, Jupiter did not take long to recover from this decline as it began a new positive momentum trending upward towards the resistance zones.
In the last four weeks alone, Jupiter was able to grow by 179.47% and over 29.00% last week. And with a weekly price range of $1.25 and $1.83, Jupiter is poised to reach an ATH exceeding its ATH of $2 two months ago very soon.
To learn more about Kangamoon, visit Kangamoon website or join them telegram community.
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