As the year progresses, it becomes increasingly important to conduct thorough research and identify coins with exceptional potential before the crypto market resumes its upward trajectory. Now that Bitcoin is still dumping even after halving, the altcoin market presents a good opportunity for investors to calmly study and select the promising altcoins to buy this year. Amid several ongoing developments, this article highlights three altcoins with significant potential for upscaling this year; KangaMoon (KANG), Injective (INJ), Cosmos (ATOM).
KangaMoon (KANG) Is The Hottest Presale Token in Both The Play-to-Earn and Meme Coin Market
Owing to its innovative blend of SocialFi and GameFi’s play-to-earn mechanism, coupled with its presale performance so far, KangaMoon (KANG) appears fit enough to maintain relevance in the meme coin market many years after. This meme and play-to-earn token has raised over $6 million now in presale revenue, with 80% of its last stage presale tokens already sold.
Even though KangaMoon is not yet available on the mainstream crypto market yet, experts believe it has a lot of potential to price as high as $0.5 and $1 this year, especially after being listed on top-tier exchange platforms. Meanwhile, early investors believe this the most as they have already witnessed a 290% return on investment, given the token’s price surge from $0.005 to $0.0196 across five presale phases.
Furthermore, the project plans to reward users who interact with and share KangaMoon’s promotional content on social media by giving them free KANG tokens. By doing this, KangaMoon is working to build a strong community, setting itself apart from competitors like Dogecoin and Shiba Inu.
At the fundamental level, KangaMoon combines social media incentives with play-to-earn gaming mechanics. Upon the launch of its ecosystem dubbed Kangaverse, users will be able to participate in engaging battle contests and speculative betting to earn $KANG tokens, and other valuable in-game items while at it. This unique experience, coupled with impressive presale performance ranks KangaMoon among the best altcoins to buy now.
Injective (INJ) Reveals a Major Enhancement To Its Token Burn Auction
Recently, Injective (INJ) announced a significant upgrade to its INJ burn auction on X. It stated that it now allows dApps, protocols, and individual community members to contribute to the weekly burn for the first time. This upgrade further represents a move towards inclusivity that can potentially broaden its pool of contributors in the altcoin market.
Besides, this particular development can also potentially increase participation and support for Injective’s ecosystem. Additionally, it can positively impact the market value of Injective token by showcasing community involvement and fostering a stronger ecosystem around the platform.
Cosmos (ATOM) Ranks Among Top Altcoins Being Worked On This Year By Developers
Although the recent cryptocurrency market is moving at a slow pace, developers are still focused on development in altcoins, many of which operate on open-source principles.
As a top altcoin that solves some of the hardest issues on the blockchain network, Cosmos (ATOM) holds a developer score of 301, indicating ongoing development activities and community engagement despite market fluctuations.
This suggests that the Cosmos Network maintains a level of resilience and interest within the developer community. This can also potentially contribute to the long-term viability and relevance of Cosmos coin and its network in the cryptocurrency ecosystem.
Can KangaMoon Top The Play-to-Earn Market?
While KangaMoon is just a new meme coin project, it may not be able to catch up to some leading play-to-earn coins at the moment. However, considering its community development approach and mission to reward its users passively, KangaMoon has the potential to attract gains and increased success.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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