Jupiter Price Dives 20%, KangaMoon, Stacks Remain in Bullish Trend

/KangaMoon/ – KangaMoon (KANG), the new altcoin project, has been recording massive growth within the crypto market chart. Its presale momentum has also witnessed a massive spike in its stage five presale, which raised over $5 million. Soon, KangaMoon is set to climb by 5,000% to reach $6 million.

Due to this, many investors and analysts alike are speculating that this altcoin might outshine Jupiter (JUP), which has been experiencing a price drop following the bearish pressure exerted by Bitcoin’s price decline as we near the halving event. Stacks, on the other hand, continues to enjoy a bullish trajectory, setting up among the best crypto to invest in together with KangaMoon.

Jupiter (JUP) Price Drops Below $1 for the First Time Since March

Jupiter (JUP) has been suffering from a mid-April market-wide price correction. Like most top altcoins, Jupiter managed to undergo an important rally since March as the crypto market was enjoying Bitcoin’s ascent to its all-time new high. However, as much as investors expected the price of Jupiter to continue surging due to the rising activities within the crypto market, this was never the case.

With Bitcoin’s recent dip, Jupiter’s performance worsened with its price dipping below 20%. On March 11, 2024, Jupiter’s coin price was trading at $0.77; this was followed by a 52.39% surge to trade at $1.17 as of March 23. Having grown by almost 43.01% to reach a price mark of $1.67 as of April 1, the price of Jupiter dropped by 41.67% to trade at $0.97 as of April 13, 2024. Currently, Jupiter coin is trading at around $0.87 and $1.00, according to CoinMarketCap, with many analysts projecting that it could surge following its partnership with Gauntlet.

KangaMoon (KANG) Nears $5 Million in Presale

With all the prediction talks, KangaMoon (KANG) is currently considered a rising presale star within the altcoin market. This is attributed to the fact that KangaMoon has managed to raise over $5 million, putting it closer to hitting the $7 million mark even before the end of April. This highlights the altcoin’s growing interest and vision among investors. The project will aim to tap into the P2E games market, which is highly projected to hit $885 million by 2028.

KangaMoon aims to release the best play-to-earn games in which the KANG token will serve as the main in-game currency. With the KANG tokens, users will be able to upgrade their characters while also buying in-game products. Moreover, KANG holders will stand a chance of receiving weekly, monthly, or even quarterly challenges for extra KANG tokens and other in-game products sold within KangaMoon’s ecosystem.

Having attracted more than 20,000 community members, KangaMoon’s main focus is ensuring that it can give back to its members. A good example is its rewarding project, where the most active community members will receive KANG tokens for free even before it launches. This move has managed to keep KangaMoon’s social media presence quite active through posts and tweets.

With a current price of just $0.0196, a huge step up from its initial price of just $0.005, KangaMoon has managed to reward its early investors with a 290% ROI, making it one of the best cryptos to invest in. Market analysts have also predicted a 100x rise for this unique altcoin once it is listed among the tier-1 CEX in Q2 of 2024.

Will KangaMoon Outshine the Likes of Jupiter and Stacks?

While Jupiter and Stacks are crypto coins that have a market advantage over KangaMoon, this crypto is certainly set for greatness. With its low market cap, KangaMoon holds the potential to climb up the altcoin list, which is why you should invest now and enjoy a 10% bonus.

Discover the exciting opportunities of the KangaMoon (KANG) presale today! Join Our KangaMoon Community

Disclaimer: Coinspeaker is not responsible for the trustworthiness, quality, accuracy of any materials on this page. We recommend you conduct research on your own before taking any decisions related to the products/companies presented in this article. Coinspeaker is not liable for any loss that can be caused due to your use of any services or goods presented in the press release.