Recently, Telegram announced that it will accept Toncoin (TON) for ad purchases. Also, Conflux (CFX) announced the launch of a new blockchain platform in China. Lastly, the KangaMoon (KANG) presale reached Stage 5 with over $4M raised so far. Many analysts claim it could become the next $1 altcoin in 2024.
Telegram to Accept Toncoin (TON) Ad Payments
Toncoin (TON) has seen some exciting developments recently. According to a new Telegram blog post, users can buy a new type of ad with the Toncoin crypto. Telegram chose the Toncoin blockchain thanks to its low fees and transaction speeds.
This Toncoin news may trigger a rally for this crypto. This altcoin has traded between $2.63 and $4.89 over the past 30 days. Its market cap grew from $9.17B to $16.96B during that time. Additionally, 25 technical indicators are flashing green for Toncoin. Thus, market analysts predict that Toncoin will reach $3.46 within Q2 of 2024.
Conflux (CFX): A New Chinese Blockchain Platform
Meanwhile, the Chinese government has launched a new public blockchain platform named “Ultra-Large Scale Blockchain Infrastructure Platform for the Belt and Road Initiative,” spearheaded by Conflux (CFX). According to Conflux, the main function of this initiative is to create more cooperation across national borders.
In terms of the Conflux crypto value movement, it rose from $0.28 to $0.37 in the past month alone. Its market cap surged from $1.06B to $1.42B in that period. With this bullish Conflux news and 17 green technical indicators, the future for CFX looks bright. As a result, experts in the crypto field foresee this altcoin hitting $0.66 before Q2 of 2024 ends.
KangaMoon (KANG): One of the Main Altcoins To Watch
KangaMoon (KANG) is picking up steam in the altcoin market. Over 20,000 members are part of this thriving community and over 5,800 people hold this altcoin. This project will tap into the flourishing Play-to-Earn (P2E) gaming market, which Yahoo Finance claims will reach $885M by 2028. It will create a P2E game where KANG is the main in-game currency.
With KANG, you can buy in-game items and upgrade your characters. In addition, KangaMoon plans to release weekly, monthly, and quarterly challenges exclusive to KANG holders. Completing these challenges will earn you extra tokens or in-game items you can trade or sell on KangaMoon’s marketplace.
What makes KangaMoon stand out among altcoins is its community-driven focus. For instance, KangaMoon rewards the most active community members with free KANG tokens. Therefore, countless individuals are now rushing to share/comment/retweet KangaMoon’s social media posts to earn this altcoin for free before its official launch.
Currently, it is in Stage 5 of its presale and costs just $0.0196. That’s a 290% rise from its starting price of $0.005. This massive increase suggests huge growth potential moving forward. That’s why analysts believe this altcoin could be worth $1 once it lists in Q2 of 2024 on a Tier-1 CEX platform.
Can KangaMoon Outpace Toncoin and Conflux?
KangaMoon has many traders excited. Notably, it has a low market cap of $19.6M, which means it will surge much faster than both Toncoin and Conflux as it needs fewer new funds. This advantage makes KANG one of the best altcoins to buy right now. If intrigued, follow the links below and obtain a 10% bonus on each purchase.
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