The crypto market is booming, with some experts predicting that Bitcoin could hit a new all-time high in 2024. This milestone would trigger a market-wide surge, during which THORChain, KangaMoon, and Mina Protocol could see incredible gains.
This has created much hype and anticipation around each project, attracting a new wave of bullish investors.
THORChain Surges 23% In 7 Days
After a rocky start to the year, THORChain is surging. Its value is up 23.41% over the last week, and THORChain is now trading at $5.51. Now, as investors prepare for additional gains, THORChain’s daily trading activity is expected to surge.
This significant increase comes just one month after THORChain developers proposed burning 30 million RUNE tokens. By burning this supply, developers would aim to improve THORChain’s lending capabilities.
The initial proposal was met with mixed reactions, as some investors highlighted that developers were assuming the results. As a result, no conclusive decision was made. Nonetheless, this development could help THORChain to soar in March, during which it could hit annual highs.
Experts Predict 220% Returns For KangaMoon (KANG)
KangaMoon (KANG) is expected to make significant gains in 2024. This innovative new meme coin combines social-fi with P2E gaming to create a unique, vibrant, and rapidly growing ecosystem.
The project actively rewards players for engaging with the community. Players will be able to earn weekly, monthly, and quarterly rewards based on their engagement, with more engagement leading to greater rewards.
This unique concept sets KangaMoon apart from other projects and could help it compete against top meme coins. The project will also showcase a P2E game. As part of this game, players can battle their characters to earn additional rewards.
$KANG will be used throughout this ecosystem, with $150 million $KANG tokens being allocated for in-game rewards. $KANG tokens are currently selling for $0.0075, and will increase again once stage two of the KangaMoon presale sells out.
Given its potential, experts predict that KangaMoon will increase by 220% during its presale, and could hit 35x returns once tokens are listed on major exchanges.
Mina Protocol Surges 27%
Much like THORChain, Mina has also experienced significant growth over the last week. Its price has increased by 27.44%, and now Mina is on track to hit another annual high. At the time of writing, Mina was trading at $1.48, increasing by 6.52% in 24 hours.
Due to its recent performance, Mina also experienced a rise in its trading activity. On February 14, Mina’s daily trading volume passed $214 million, placing Mina among the top 50 ranked cryptocurrencies by trading volume.
As its value continues to increase, crypto experts predict that more investors will buy into the project. As a result, Mina could pass $1.60 by the end of February.
How Will The BTC Price Impact KangaMoon?
As Bitcoin continues to increase in value, experts believe that KangaMoon could see significant gains. Bitcoin rallies usually trigger an influx of investors to the DeFi market. As a result, KangaMoon could sell out faster than expected and offer even greater returns than first predicted.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
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