By Guest Writer •
Published: 23 Sep 2023 • 9:30
According to the latest whale reports, Monero and Aave Whales have been adding new tokens to their wallets. Reports show that the top token on their list is the Kangamoon token. Kangamoon is a project that aims to merge the benefits of meme coin and play-to-earn gaming into one platform.
Monero (XMR) is a popular privacy coin in the cryptocurrency world. It was created in 2014 and has gained popularity due to its strong privacy features and high trading activity. However, recently, the Monero price has dropped significantly to around $146.78.
This is a large decrease of more than 71% from its highest price of $517.62 in 2021. This decline is because of the increase in regulatory restrictions on privacy-focused coins. As a result, investors are selling their XMR coin and moving to new projects.
Interestingly, some whale Monero investors are participating in the Kangamoon presale. Analysts have forecasted a 220% ROI for new investors in 2023. While Monero is a reliable long-term investment, the Kangamoon presale offers the promise of even higher returns.
Aave (AAVE) is a lending blockchain platform that has become popular among cryptocurrency fans and investors due to its unique approach. Aave allows users to lend and borrow cryptocurrencies directly from each other in a decentralized way.
Meanwhile, Aave has a native cryptocurrency called AAVE, which is crucial to how the platform works. Those who hold the Aave coin can help make decisions about things like what new assets to include in the platform. However, the price of Aave suffered selling pressure recently. It fell by 17% between July 30th and August 1st, bringing it down to $62.
Meanwhile, the bulls have been able to maintain AAVE crypto new price level in September. As of September 21st, Aave is trading at $63.39, an increase of 18.4% in the past 7 days. Aave has recorded 18/30 (60%) green days with 4.39% price volatility between August and September.
Kangamoon’s (KANG) primary goal is to combine gaming with meme coin fun to create a fun Play-to-Earn (P2E) gaming platform. It is different from other meme coins in the cryptocurrency space due to its unique hybrid platform.
In the Kangamoon ecosystem, players assume the role of Kangamoon, a boxing kangaroo, and engage in thrilling virtual battles. Also, Kangamoon rewards players for their time spent on the Kangaverse virtual world. This means that players can enjoy the game and earn cryptocurrencies as rewards and rare in-game items.
The Kangaverse offers an immersive battle experience. Players can create their own characters, and enhance their unique abilities. In addition, they can compete with other gamers from around the globe in exciting challenges and quests.
At present, the KANG native token has a modest value of only $0.005. Nevertheless, experts believe it has long-term growth potential due to its ties to the P2E gaming market. As a result, experts anticipate a 22x increase in value before the presale ends.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
Join Our Telegram Community: https://t.me/Kangamoonofficial
WARNING: The investment in crypto assets is not regulated, it may not be suitable for retail investors and the total amount invested could be lost
AVISO IMPORTANTE: La inversión en criptoactivos no está regulada, puede no ser adecuada para inversores minoristas y perderse la totalidad del importe invertido
Thank you for taking the time to read this article. Do remember to come back and check The Euro Weekly News website for all your up-to-date local and international news stories and remember, you can also follow us on Facebook and Instagram.
Share this story
Subscribe to our Euro Weekly News alerts to get the latest stories into your inbox!
By signing up, you will create a Euro Weekly News account if you don't already have one. Review our
Download our media pack in either English or Spanish.