EOS has recently unveiled its roadmap for its Leap 6.0 upgrade, a major step for the blockchain. In addition, Uniswap has launched its V2 version across six different chains, expanding accessibility for users. Meanwhile, KangaMoon, one of the top crypto coins in the market, has surged by 50%, drawing investors to its presale.
EOS (EOS) Announces New Upgrade, Leap 6.0
The Leap 6.0 consensus algorithm is the most recent upgrade announced by the EOS Network Foundation. The goal of this update is to drastically improve transaction times. It will also completely redesign the blockchain, enhancing user interface, security, and the decentralization of the EOS Network.
The final release of this upgrade is slated for July 10th of this year, giving nodes and developers a three-week opportunity to migrate. The hard fork that will deliver Leap 6.0 to the mainnet on July 31st is scheduled to occur after the upgrading procedure is finished.
Meanwhile, the EOS coin is trading in the $0.7481 – $0.8037 price range. The altcoin price has only seen a little uptick of 0.3% on the 7-day price chart despite the latest news.
Uniswap (UNI) Launches V2 Across Six Chains
Uniswap (UNI), a decentralized exchange, has launched its v2 on six chains: Arbitrum, Optimism, Base, Polygon, Binance Smart Chain, and Avalanche. Uniswap’s v2 pools will help simplify the asset-swapping process for users by reducing the need for initial decision-making.
Meanwhile, Uniswap’s own token, UNI, appears poised for a possible surge. Observations of on-chain metrics, especially the supply of Uniswap on exchanges, show a fall in Uniswap reserves across trading platforms.
The number of Uniswap coins held on exchanges decreased from 70.59 million on January 19th to 67.9 million by February 21st. Usually, a reduced supply of a token on exchanges is a positive signal for a price surge.
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It signifies that traders have decided to hold the Uniswap coin in the long term, meaning a drop in selling pressure. As a result, analysts forecast the altcoin price to reach $10 from its current price range of $6.79 – $7.89.
KangaMoon (KANG) Soars 50%
KangaMoon’s (KANG) crypto ICO has been one of the best in the crypto space. The presale that started less than a month ago has skyrocketed 50% from $0.005 in Stage 1 to $0.0075 in Stage 2. One reason for the massive investor rush is the features that KangaMoon will offer.
KangaMoon aims to bridge play-to-earn (P2E) and Social-Fi features into its native token, KANG. KANG will be used for transactional purposes and will play a crucial role in the gaming experience. Investors will use it to wager on contests and competitions.
The best aspect is that winners receive tokens and valuable in-game items. But the benefits for KANG token holders do not just stop there. They can begin reaping rewards from the platform even before its official launch.
KangaMoon’s Social-Fi framework will allow KANG holders to amass extra tokens before the launch. KANG holders can participate in various challenges, from weekly and monthly competitions to quarterly events. Those who win will receive KANG tokens and other prizes.
These rewards can be traded or sold on KangaMoon’s marketplace. With a current token value of $0.0075, this feature has generated a wave of interest in KangaMoon’s crypto ICO.
Last Words
EOS and Uniswap are currently making efforts to provide the greatest possible experience for their users. Similar to this, KangaMoon is developing a fun and interactive meme coin community where both users and investors can win free KANG tokens, among other incentives.
Analysts predict that following its presale, KangaMoon’s KANG coin will increase 35x, making it one of the top crypto coins to buy ahead of the 2024 bull market.
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