A view of the trends in the crypto market highlights notable developments amid some top crypto coins in the industry. In one of the developments, Bitgo announces a partnership with the Arbitrum (ARB) token. Meanwhile, following a loss of steam for Cardano (ADA), the token has lost its place as the 9th largest cryptocurrency by market capitalization. Notably, KangaMoon (KANG) is witnessing an increase in market adoption following the project’s show of sky-high growth potential. More details below.
Over 6,000 Investors Now Own the KangaMoon (KANG) Presale as Projects Makes Giant Strides Toward Listing
KangaMoon (KANG) is soaring in presale momentum as over 6,000 traders join the presale. The momentum has led to the project raising over $4.7M so far in the presale. Notably, while still at stage 5 of its presale, early investors have already received up to 290% ROI following the price growth of KANG at every stage of the presale.
At the current trajectory, KangaMoon is likely to see 750% growth before the end of its presale. Also, the upcoming Bitcoin halving event is likely to trigger bigger price gains for KANG. As such, now may be the best time to invest in the KANG’s presale and position for the potential price gains. There’s also a limited 10% presale bonus for early investors of the token.
Alternatively, community members can earn the KANG token when they engage in KangaMoon’s social media campaigns by liking, commenting, and sharing posts that promote the project on social media. Overall, the KANG token represents a good crypto to buy for massive gains in the short and long term.
Meanwhile, the KangaMoon platform is growing into one of the biggest meme platforms in the blockchain. The platform which harbors over 20,000 members, aims to become the go-to platform where meme enthusiasts can interact and have fun. The GameFi feature also enhances the experience as players embark on a gaming adventure that rewards them with collectibles and cash.
Bitgo Announces Support for Arbitrum (ARB)
Bitgo, a popular digital asset custody service company, is broadening its reach by integrating support for the Arbitrum (ARB) token. According to the tweet announcing the development, Bitgo will now be able to manage the Arbitrum token in Hot, Custodial, and Self-Managed Cold Wallets.
This will further enhance Arbitrum’s accessibility and security in managing crypto assets. Similarly, the partnership could trigger a rally for Arbitrum, which has undergone a significant downtrend in recent weeks. This could also push the Arbitrum price towards establishing support above the $2 threshold very soon.
Cardano (ADA) Falls to a New Low
The market value of Cardano (ADA) has witnessed a significant downtrend in the past weeks. As a result, Cardano has fallen from the 9th to the 10th largest cryptocurrency by market capitalization. Cardano was ousted out of the 9th position by Toncoin following an extended rally for the token.
Currently, Cardano’s market cap is valued at $20.11B, about 100,000 million shy of Toncoin, which is valued at $20.21B. Meanwhile, Cardano will look to replicate its February-March coin rally to have a shot at regaining its position in the crypto market cap ranking. Regardless, Cardano remains one of the top crypto coins in the industry, with a daily trading average of $500 million.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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