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 <p>Cardano (ADA) and Tron (TRX) are established projects that are currently stable. Meanwhile, a new play-to-earn (P2E) meme coin project, Kangamoon, has captured investor attention.</p>
 <h2 class="wp-block-heading" id="summary">Summary:</h2>
 <ul>
  <li>ADA recently recovered above $0.25.</li>
  <li>TRX is bullish; the RSI reading is above 47.01</li>
  <li>Kangamoon’s no-tax model places the project ahead of emerging P2E games.</li>
 </ul>
 <h2 class="wp-block-heading" id="cardano-is-building-momentum">Cardano is building momentum</h2>
 <p>ADA is steadying, recovering, and trading above $0.25, adding 6%.</p>
 <div class="cn-block-related-link"><span> You might also like: </span> Cardano’s Hoskinson foresees ADA surpassing Bitcoin&nbsp;
 </div>
 <p>While Cardano is still down around 2% for the month, over 30% versus its July highs around $0.38 and over 45% since April’s yearly highs above $0.46, its latest rebound has propped its market cap.</p>
 <p>Contraction in ADA prices is tied to dropping decentralized finance (defi) activity and concerns about how the United States Securities and Exchange Commission (SEC) has classified the token.</p>
 <h2 class="wp-block-heading" id="tron-prices-bullish">Tron prices bullish</h2>
 <p>TRX’s value has plummeted since its 1,000% rally in 2017/18 due to the fading hype after Justin Sun’s aggressive marketing contributed to early success.</p>
 <div class="cn-block-related-link"><span> You might also like: </span> Analysts bullish on Cardano, TRON, and Kangamoon
 </div>
 <p>Last week, TRX reached $0.0798 before dropping to $0.078138. Currently, the coin is trading above the 50-day EMA, 100-day EMA, and 200-day EMA moving averages.</p>
 <p>Further, TRX’s RSI is at 47.01, suggesting strength.&nbsp;</p>
 <p>Analysts are <a rel="noopener noreferrer nofollow" href="https://thebittimes.com/tag/bullish.html">bullish</a>, predicting TRX to reach $0.12 before the year-end.</p>
 <h2 class="wp-block-heading" id="kangamoon-adds-utility-to-meme-coins">Kangamoon adds utility to meme coins</h2>
 <figure class="wp-block-image">
  <img src="https://thebittimes.com/image/getimage/?url=https://lh5.googleusercontent.com/kRLv7Lh_CnOsjV0iOrdAmmsW-jF-n3w0NSOB_HeRIF5utmggmMViU21TYKWpTyc2KNkxIEEvrvdgvpuq84Yo5mNMSaOUmHoRuZs8aSb2QQe56rvXpq9ptBX3OZMyJjHS_l3TkjURyTrGDlb_0otyUZc" alt="Cardano and Tron bullish, Kangamoon bringing utility to meme coins - 1">
 </figure>
 <p>Kangamoon&nbsp;aims to change the meme coin sphere by incorporating <a rel="noopener noreferrer nofollow" href="https://thebittimes.com/tag/utility.html">utility</a>, cultivating a community of enthusiasts, and implementing play-to-earn (P2E) functionality.</p>
 <p>This means players can earn virtual currency and rare in-game items by winning matches, participating in events, and completing quests in a virtual boxing world.&nbsp;</p>
 <div class="cn-block-related-link"><span> You might also like: </span> Analysts bullish on Cardano, TRON, and Kangamoon
 </div>
 <p>The project lets players trade and sell their in-game earnings for real cash in a marketplace.</p>
 <p>In addition,&nbsp;Kangamoon&nbsp;will allow players to cash out their rewards without incurring any tax.</p>
 <p>In the early stages of its presale, KANG, Kangamoon’s native token, is available for $0.005.&nbsp;</p>
 <p>Details of Kangamoon (KANG) presale:</p>
 <p>Website:&nbsp;https://Kangamoon.com/</p>
 <p>Telegram:&nbsp;https://t.me/Kangamoonofficial</p>
 <div class="cn-block-related-link"><span> Read more: </span> Study examines USDT and DAI stability, Kangamoon draws investors in presale
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/cardano-and-tron-bullish-kangamoon-bringing-utility-to-meme-coins-tbt64050.html">https://thebittimes.com/cardano-and-tron-bullish-kangamoon-bringing-utility-to-meme-coins-tbt64050.html</a></p>

Cardano and Tron bullish, Kangamoon bringing utility to meme coins

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