As the crypto market takes a downturn, Tether and BNB holders are selling their holdings to purchase a thriving new altcoin. KangaMoon has already seen returns of 50% during its presale, and is on track to profit from the P2E NFT market. This market is expected to experience a CAGR of 21.3% from 2022 to 2028. As a result, KangaMoon could outperform Tether and BNB.

Tether Investors Diversify

Over the last week, experts predicted that Tether would pass a market cap of $100 billion. However, Tether’s growth has been slower than initially predicted. Its cap has increased from $97.1 billion to $97.9 billion.

As the world’s most popular stablecoin, Tether is a strong investment for individuals looking for stability and low risk. However, due to this low risk, Tether offers very small returns. Consequently, some Tether investors are now choosing to diversify.

Has BNB Peaked?

Over the last month, BNB’s price increased by 29%, taking BNB to $389.26. However, chart analysis suggests that BNB could face a correction over the next month.

According to experts, Binance Coin (BNB) is navigating a bearish descending channel. The project is currently in an overbought zone, and the MACD histogram’s shift suggests that bearish pressure is rising.

This decrease in bullish momentum could cause BNB to crash to $360. However, some experts believe that BNB could continue to rally.

Historically, Binance Coin has overcome bearish channels due to the support of market trends. With Bitcoin halving just months away, the Binance exchange is experiencing significant growth in its user base. As a result, BNB could pass its current $400 resistance.

KangaMoon (KANG) Attracts New Altcoin Investors

After becoming a big hit during stage one of its presale, KangaMoon is now attracting Tether and BNB investors. This exciting new altcoin has already increased in value by 50%, and now its audience has surpassed 3,000 investors.

KangaMoon stands out from other altcoins with its combination of P2E and social-fi features. The project introduces a P2E game where investors can battle for rewards. During battles, other players can spectate and place bets to earn additional rewards.

User interaction will play a crucial role throughout the KangaMoon ecosystem. Users will be able to earn rewards for interacting with other players and competing challenges. These rewards will start during the KangaMoon presale, during which investors can earn $KANG tokens for promoting the project.

$KANG tokens are selling for $0.0075 during stage two of the KangaMoon presale. According to experts, tokens could offer returns of 220% during the presale, as the number of investors buying $KANG snowballs. During stage two, investors can get a 10% buy bonus, though this will only be available for a limited time.

KangaMoon Looks To Outperform Altcoins

KangaMoons unique combination of social-fi into the gameFi features makes it unlike anything else in the market. As its ecosystem grows and new investors join the KangaMoon community, experts believe that KangaMoon could become a top-performing altcoin. As a result, hundreds of investors are buying tokens during the early presale stages to maximize their long-term profits.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

Website: https://Kangamoon.com/

Join Our Telegram Community: https://t.me/Kangamoonofficial

One Solana (SOL) millionaire, renowned for their astute early investment in Render (RNDR), has now set their sights on a new token — Pullix (PLX). Notably, this new token is in the final stages of a successful presale event, with early investors able to snatch up discounted tokens before the public launch next month. Let’s explain why this millionaire may be onto something big with Pullix (PLX).

Solana (SOL)’s Journey from $8 to $120

Solana has rallied from under $8.00 at the start of 2023 to a high of $120 in 2024. Those who caught the bottom of the Solana crash and held have been handsomely rewarded, with some investors becoming millionaires in the process.

This huge 1,400% gain was due to Solana becoming the go-to blockchain for decentralized finance (DeFi) projects. For example, Solana’s TVL was at just $210 million at the start of 2023 but is sitting at over $2 billion at the time of writing.

Solana is also dominating the DEX scene, with the platform overtaking Ethereum’s 24-hour trading volume on multiple occasions this year. The Solana memecoin frenzy caused much of Solana’s DEX trading volume, but credit must also be given to the launch of Jupiter’s JUP token on the 31st of January.

But the burning question remains: How much further can Solana climb? Given its fully diluted valuation of $58.8B, another 10x rise is unlikely for Solana in the short-medium term.

Interestingly, Solana would have a price of $813 if it reached Ethereum’s current market cap, with it rising to $1,297 if Solana reached Ethereum’s all-time peak market cap. Analysts, therefore, believe a Solana price of $1,000 is not out of the realm of possibility in 2025.

Render (RNDR) Rides AI Wave

The AI narrative is one of the hottest trends in the crypto market, and Render is one of the up-and-comers vying for the top spot. The price of Render has pumped 57.45% in the last seven days as hype around their rendering platform continues to build.

Render’s core mission is to decentralize the rendering process in the film, gaming, and VR industries. Currently, major companies rely on centralized rendering, which can be costly and slow down production due to high demand.

Render aims to solve this issue by providing a decentralized infrastructure that utilizes the idle computing power of users’ devices to render projects quickly and efficiently. Such a solution can potentially disrupt a trillion-dollar industry as more and more companies adopt Render’s platform.

Technical analysis of the Render chart shows a bullish break of the $5.00 resistance and an attempt to make a new all-time high above $8.76. Analysts are predicting that Render could hit a $50 billion market cap at the bull run’s peak, equating to a $107.79 token price.

The Solana millionaire who saw the potential in Render early on is now sitting on a small fortune, and many traders are looking to follow in their footsteps. Interestingly, this whale has identified another potential gem — Pullix.

Pullix (PLX) Revolutionizes Trading with Hybrid Model

Pullix has an ambitious mission to meld decentralized finance (DeFi) and centralized exchanges (CeFi) to create a truly user-centric platform. This hybrid model aims to leverage the strengths of both sectors, providing liquidity and user-friendly experiences without compromising on the autonomy prized in the DeFi space.

The early reception to this hybrid model has been overwhelmingly positive, with more than $7.2 million raised so far during a discounted token presale. The Solana whale notes that such early success indicates the potential for Pullix to disrupt the traditional trading landscape.

Pullix introduces a revenue-sharing model through its native PLX token, an innovative mechanism that allows token holders to earn a share of the platform’s transaction fees. This model creates a community-driven ecosystem where users are vested in the platform’s success.

Pullix’s commitment to solving the high fee structure prevalent in many existing exchanges is another standout feature that has intrigued investors. Pullix promises zero commission fees and tight spreads, making trading more accessible and profitable for users.

Interested parties can get involved with Pullix by participating in its ongoing token sale and securing PLX tokens at a discounted rate of $0.14 before the public listing. There is no guarantee of how long the remaining tokens will last, so it makes sense why there’s currently a frenzy surrounding Pullix’s token sale.

Pullix is not just seen as a competitor but as a potential “killer” to the reigning champs of the crypto exchange market. Analysts predict that 100x gains could be seen in the coming weeks as the platform officially launches and price discovery begins.

For more information regarding Pullix’s presale see links below:

Visit Pullix

Join The Pullix Communities

Highlights of Federal Executive Council decisions on Monday 26 February

Here are some of the highlights of the far reaching decisions taken today at the Federal Executive Council meeting, chaired by President Bola Ahmed Tinubu.

1. FEC approved construction of Lagos-Port Harcourt-Calabar Coastal Superhighway to Messrs Hitech Construction Africa. The First phase made up of 47 kms will begin in Lagos.
2. Social security payments to the vulnerable households to begin immediately. Recipients will be those with NIN and BVN.

3. Social security payments to be extended to graduates from NCE and upwards

4. Consumer Credit to be established very urgently. Chief of Staff to lead a committee that includes Budget Minister, Attorney-General, Coordinating Minister of the Economy and Finance, to make the scheme a reality.

5. The Council in order to enhance efficiency in the Federal service, and reduce the cost of governance, decided to implement the recommendations of the Steve Oronsaye panel on the restructuring and rationalisation of Federal agencies, parastatals and commissions.

The implementation involves merging, subsuming and scrapping agencies with similar functions.

The Oronsaye report was submitted in 2012 to the Jonathan administration. In 2014, the Jonathan government released a white paper on the report. The Buhari administration after re-examining the white paper also released a second white paper in August 2022, but did not implement the report.

However, the Tinubu administration has decided to confront the monster of high governance cost by implementing elements of the report.

An eight-man committee has a 12-week deadline to ensure that the necessary legislative amendments and administrative restructuring needed to implement the reforms are effected in an efficient manner.

The committee comprises Secretary to the Government of the Federation, Head of the Civil Service, Attorney General and Justice Minister, Budget and Planning Minister, DG Bureau of Public Service Reform, Special Adviser to the President on Policy Coordination, Special assistant to the president on National Assembly. The Cabinet Affairs Office will serve as the secretariat.

Key recommendations for implementation:

National Salaries, Income and wages Commission to be subsumed under Revenue Mobilisation and Fiscal Commission. The National Assembly will need to amend the constitution as RMAFC was established by the constitution.

Infrastructure Concession and Regulatory Commission to be merged with Bureau of Public Enterprise and be rechristened as `Public Enterprises and Infrastructural Concession Commission

National Human Rights Commission to swallow Public Complaints Commission

Pension Transitional Arrangement Directorate(PTAD) to be scrapped and functions to be taken over by Federal Ministry of Finance

NEMA and National Commission for Refugees to be fused to become National Emergency and Refugee Management Commission

Border Communities Development Agency to become a department under National Boundary Commission

NACA and NCDC to be merged

SERVICOM to become a department under the Bureau for Public Service Reform(BPSR)

NALDA to return to the Ministry of Agriculture and Food Security.

Federal Ministry of Science to supervise a new agency that combines NCAM, NASENI and PRODA

National Commission for Museums and Monuments and National Gallery of Arts to become one entity that will be known as National Commission for Museums, Monuments and Gallery of Arts.

National Theatre to be merged with National Troupe.
13. Directorate of Technical Cooperation in Africa and Directorate of Technical Aid Corp to be merged under the Ministry of Foreign Affairs

Nigerians in Diaspora Commission to become an agency under the Ministry of Foreign Affairs.

Federal Radio Corporation and Voice of Nigeria to be one entity to be known as Federal Broadcasting Corporation of Nigeria

National Biotechnology Development Agency(NABDA) and National Centre for Genetic Resources and Biotechnology to be emerged into an agency to be known as National Biotechnology Research and Development Agency(NBRDA).

National Institute for Leather Science Technology and National Institute for Chemical Technology to become one agency.

Nigeria Natural Medicine Development Agency and National Institute of Pharmaceutical Research and Development to become one agency.

The National Metallurgical Development Centre and National Metallurgical Training Institute will be merged.

National Institute for Trypanosomiasis to be subsumed under Institute of Veterinary Research in Vom, Jos.

The list is not exhaustive.

Bayo Onanuga
Special Adviser Information and Strategy to President Bola Ahmed Tinubu