The post Meme Coin Giant Alert: KangaMoon Buying Frenzy Continues As USDC (USDC) and Tether (USDT) Holders Pile In appeared first on Coinpedia Fintech News
KangaMoon is making waves in the DeFi space with its new social-fi meme coin. The project quickly sold out during the first phase of its presale, and is now selling at a new all-time high.
On its current trajectory, crypto experts speculate that KangaMoon could pass returns of 220% during its presale alone. As a result, USDC and Tether investors are piling in, looking to maximize their portfolio returns in Q1.
USDC Gains Popularity Ahead of Bitcoin Halving
With the Bitcoin halving event less than two months away, investors are stockpiling USDC (USDC) tokens. Over the last two weeks, the stablecoin has experienced significant growth in its daily trading volume, which was $4.3 billion at the time of writing.
As more investors look into joining the cryptocurrency market for the first time, USDC provides them with an easy option to ease them into DeFi. As the world’s second-largest stablecoin, USDC is extremely safe for investors who trust fiat currency, and as a result, USDC works as a great bridge between the two financial worlds.
With this in mind, experts predict that USDC’s trading activity will increase over the next few weeks as more investors join the crypto market.
KangaMoon (KANG) Hits A New All-Time High
The KangaMoon (KANG) presale soared over the weekend, taking the new meme coin into stage two of its presale.
This unique new meme coin has gained traction for its approach to DeFi. Instead of relying on market trends like other meme coins, KangaMoon combines social-fi rewards with a P2E game, creating a unique and profitable investor experience.
As part of the KangaMoon ecosystem, investors will be able to earn $KANG tokens by completing weekly, monthly, and quarterly rewards. They will also have the opportunity to win tokens by battling other players in the KangaMoon P2E game.
During its presale, KangaMoon will reward investors who help to promote the project’s presale. Investors will earn additional $KANG tokens, helping them generate an income before the project officially launches.
KangaMoon recently passed a significant milestone, selling out during stage 1 of its presale. After selling out, $KANG tokens increased in value to $0.0075 and are now predicted to hit a second all-time high by the end of February.
Tether Chases $100 Billion In Market Cap
Much like USDC, Tether is also gaining traction in anticipation of Bitcoin halving. Over the last week, Tether (USDT) trading activity also increased, and Tether is now on track to hit a major milestone: passing $100 billion in market cap.
Tether plays a key role in farming and decentralized protocols and is the number one ranked cryptocurrency by daily trading volume. Presently, Tether has a daily trading volume of $53 billion, up 10% in the last 24 hours.
Will KangaMoon Become a Top Meme Coin in 2024?
According to newzoo.com, the gaming market is expected to attract 3 billion people by the end of the year. With this in mind, KangaMoon is on track to expand in line with one of the fastest-growing markets in the world. As a result, experts believe that KangaMoon could become one of the highest-return meme coins in 2024.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Telegram Community: https://t.me/Kangamoonofficial