The crypto market has undergone significant changes in recent months. The overall market has shown bullish momentum. One of the major reasons behind the market’s recent growth is the launch of a new meme coin, Kangamoon (KANG).
Notably, this new project has revolutionized the concept of meme coins and P2E projects. So, investors are highly confident about its growth. Therefore, its ongoing presale has already raised over $125k within weeks. However, the largest meme coin, Dogecoin (DOGE), has fallen into a bearish trap.
Dogecoin Loses Investors’ Attention
The Dogecoin network has suffered a few setbacks in recent weeks. The latest on-chain data suggests that both transaction volume and whale activity of Dogecoin have plunged. The decline was highlighted by popular analyst, Ali, on X.
As per the analyst, the fall in daily transaction activity implies that not many investors are attracted to Dogecoin.
Meanwhile, a drop in the whale transaction count shows that there are no big transactions involving DOGE. The absence of big transactions can lead to lower volatility in Dogecoin, leading to price stagnation.
Thus, the market standing of Dogecoin has also taken a hit. As per the data from CoinMarketCap, Dogecoin has fallen out of the top ten cryptocurrencies by market capitalization. Currently, Dogecoin is the 11th-largest cryptocurrency by market cap.
However, the price movement of Dogecoin has somewhat been encouraging for the DOGE community. The market price of DOGE has increased by a meager 2% in the past month, and currently stands at $0.0821.
Kangamoon (KANG) Presale Sets New Success Record
The latest data shows that the global market size of the meme industry can reach $6.1 billion by the end of 2025. Capitalizing on this market trend, Kangamoon has introduced a new project with multiple earning possibilities for users. It is a meme coin that has integrated the elements of SocialFi and play-to-earn (P2E). Notably, its smart contract has passed a security audit from Solid Proof.
The platform has designed a vibrant ecosystem with fun-filled exercises and endless earning possibilities. While the majority of meme coins have no utility, Kangamoon has leveraged GameFi features to offer real-world benefits to its users. It will offer thrilling boxing gameplay, special events, and challenging quests.
By competing and winning in these gaming events, players can earn KANG tokens and rare in-game items. Later, they can also sell their rare in-game assets at the platform’s marketplace to generate income. Interestingly, this earning opportunity is not limited to players. Instead, users can also win rewards by spectating and betting on these matches.
The more you engage on the platform, the more you get to earn, as the platform monetizes your gaming time. KANG is an ERC-20 token and will be the native crypto of the platform. These tokens can be exchanged for real-world value, allowing players to monetize their gaming skills.
The presale round of the platform has begun and is in the first stage. Currently, a KANG token costs just $0.005, and will increase to $0.0075 in the next stage. Moreover, the project’s worth can soar by 22X during the presale round. Therefore, if you lock your tokens now, you can get significant returns.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
Website: https://Kangamoon.com/
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