- Notcon (NOT) token’s worth fell sharply after its debut on exchanges.
- KangaMoon (KANG) is providing a bonus presale stage forward of first CEX itemizing.
Analysts say the lackluster spot Bitcoin ETFs market means Bitcoin costs may see restricted upside motion in coming weeks and months.
What does this imply for newly-launched Notcoin and will KangaMoon supply a greater funding alternative?
Notcoin dumps after airdrop
Notcoin (NOT) is the native token of a tap-to-earn recreation undertaking that goals to onboard hundreds of thousands of customers to Web3.
The undertaking went viral amid its debut on Telegram, and noticed large hype forward of its buying and selling debut this week. A lot of this was all the way down to itemizing bulletins from prime crypto exchanges Binance, OKX and Bybit amongst others.
Certainly, Notcoin traded at a Totally Diluted Valuation (FDV) of $1 billion because the token made its debut throughout exchanges. Nonetheless, NOT worth has tanked 67% since and at present trades round $0.006753.
Binance’s cancelling of assist for the NOT/BTC pair additionally added to the draw back stress.
Notcoin is nonetheless prone to report an honest bounce if the broader gaming ecosystem picks up new traction following a dismal 2024. Bitcoin‘s efficiency may additionally add to the dynamics.
KangaMoon rising as prime meme-inspired cryptocurrency
The meme coin house has seen some large strikes for Solana, BNB Chain and Ethereum meme tokens.
Whereas a number of meme cash exhibit large development potential, most others are largely weak copycats that derive momentum from nothing however hype.
Utility units KangaMoon other than most of those different meme cash.
As a undertaking, KangaMoon integrates GameFi and Play-To-Earn (P2E). There’s additionally a SocialFi component which means customers can earn extra as they work together, share and join.
The native in-game foreign money and community reward token when the P2E recreation launches can be KANG. Presale individuals can earn KANG immediately by becoming a member of in challenges and contests – an element that already sees KangaMoon boast a rising group of customers.
Is KangaMoon a greater alternative?
KangaMoon (KANG) is likely one of the tokens anticipated to dominate the meme coin market. The undertaking’s presale has to this point raised greater than $6.7 million.
KangaMoon’s good contract has been audited by each Stable Proof and InterFi, a indisputable fact that provides to the boldness crypto fans and buyers are exhibiting on this undertaking.
After rallying by the presale phases, KangaMoon is now providing those that might need missed out one other probability with a bonus sale spherical. The present KANG worth on this part is $0.025.
Because the restricted bonus spherical shortly sells out, this is perhaps a good time to hitch the group.
KangaMoon’s rigorous audits and staff transparency are additionally constructive elements, as is information that KANG is poised for its CEX itemizing debut on BitMart.
In comparison with different meme cash, KangaMoon’s community-driven P2E recreation focus and utility stand out. The undertaking’s complete provide of 1 billion KANG additionally means it has the potential to blow up increased amid market demand.
Traders nonetheless have to consider different market dynamics and circumstances.
You may be taught extra about KangaMoon right here.