Three altcoins – Sui, Cosmos, and KangaMoon have entered the spotlight thanks to the bullish momentum in the market. Sui has hit a record high of $1.92 while Kangamoon and Cosmos have seen significant growth.
Sui (SUI) Hits New All-time High
Sui (SUI), the native token of the DeFi project, Sui Network, has been on a bullish price run in the past 30 days. It has soared 38.2%, rising to a peak of $1.92, its highest price since its launch in 2023.
Sui is also bullish on the lower time frames with gains of 26.7% and 27.1% on the 7-day and 14-day price charts. According to CoinMarketCap, the Sui Network is growing, and this has affected its native token positively, pushing it to the top 50 cryptos by market cap.
At the moment, Sui bulls are working to cross the $2.00 price level, something that could happen if the bullish pressure persists.
Interestingly, the Sui Network has scored numerous partnerships within the past few months. Its latest partnership is with the American University of Sharjah (AUS) to create the AUS-Sui Blockchain Academy. The aim is to ensure that students have the opportunity to learn more about blockchain technology.
Cosmos (ATOM) Price Prediction
Just like Sui, Cosmos (ATOM) is also bullish after a long period of downward ward pressure. The price of Cosmos has increased 11.8% in the past 7 days and 13.2% in the past 14 days. This price jump took the token from a bottom of $9.32 to a peak of $10.42, increasing investors’ positive attitude towards the DeFi project.
At the moment, Cosmos ATOM is trading above the 20-day EMA ($9.84), 50-day EMA ($9.21), 100-day EMA ($8.70), and 200-day EMA ($8.86). This is a sign that bulls are top of the market and could push Cosmos to $15.
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Additionally, Cosmos’s 14-day RSI has crossed the 60 mark and is heading for the overbought region. With 23 technical analysis indicators signaling more bullish gains and just 6 showing bearish signals, investors could see more gains in the coming months and hit $15.
KangaMoon (KANG) Presale Numbers Raise Excitement
KangaMoon’s (KANG) cryptocurrency ICO, has been one of the best events in the crypto space. The presale which started less than a month ago has raised $137,218.503 and sold 54.9% of the token for stage 1.
KangaMoon is different from the typical meme coin as it merges play-to-earn (P2E) and Social-Fi elements with its native token, KANG. KANG’s utility extends beyond just being a token; it is an integral part of the game where investors can place bets on competitions and participate in challenges.
The good part is that winners earn tokens and in-game assets. The excitement does not end there for KANG token holders.
They can also start benefiting from the platform before it launches. KangaMoon has rolled out a Social-Fi model that allows KANG holders to accumulate additional tokens pre-launch. To do this, they will engage in challenges, from weekly and monthly contests to quarterly events. Winners can gain KANG tokens and unique rewards.
These items can be exchanged or sold on Kangamoon’s upcoming marketplace, adding more appeal to the project. This unique offering has led to a surge in participation in KangaMoon’s cryptocurrency ICO, with tokens priced at merely $0.005. Industry experts forecast a 100x surge in value following its listing on a Tier-1 Centralized Exchange (CEX) in the second quarter of 2024.
Final Thoughts
While the altcoins, Sui and Cosmos have seen bullish gains in the past week, their investors have been doubling down on KangaMoon due to its unique features. KangaMoon aims to build an immersive and engaging meme coin community where everyone benefits.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
Website: https://Kangamoon.com/
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