Shiba

Ethereum

2024

Shiba Inu

<img src="https://cdn.thebittimes.com/images/2024/05/27/1716776122.webp" width="800" height="457" alt="">
As more speculation surrounding the crypto market bull run continues, some cryptos have already taken over the leadership mantle after recording an impressive market rally. Moreover, the<a href="https://x.com/QuintenFrancois/status/1793160893834129415" target="_blank" rel="noopener noreferrer nofollow"> announcement</a> that Trump will be allowing crypto donations seems to have triggered a rallying trend among the listed coins. Coins like Bitcoin, Ethereum, Shiba Inu, and Binance have also recorded impressive price improvement within the past few days. Adding to this excitement is KangaMoon (KANG) which is expected to become one of the best coins to invest in offering its early investors a 400% ROI.
<h2 dir="ltr" id="span-kangamoon-kang-a-new-crypto-titan-offering-400-roi-span">KangaMoon (KANG): A New Crypto Titan Offering 400% ROI</h2>
A sensation in the crypto market, <a href="https://kangamoon.com/" target="_blank" rel="noopener noreferrer nofollow">KangaMoon</a> (KANG) has been making waves with its outstanding practical and creative strategy that has seen the project attract more than 32,000 registered community members. Moreover, KangaMoon which is in its bonus stage is going for just $0.025 having raised over $7 million. With such an outstanding performance, KangaMoon has managed to attract investors with the number of token holders nearing the 10,000 mark.
KANG will serve as the in-game currency for its upcoming play-to-earn games, where users can participate in weekly or monthly challenges for a chance to win extra KANG tokens and other valuable items. To showcase its commitment to users, KangaMoon has also partnered with RaidSharkBot. This move is poised to boost the platform’s engagement significantly—something that could lead to a surge in the token’s value.
Currently the platform is showing its efforts to bolster its community engagement by allowing users to earn KANG tokens before its launch by participating in social media activities like posting and sharing KangaMoon’s posts. Additionally, KangaMoon is positioned to become a leading crypto pick for the year, thanks to its potential to integrate GameFi, SocialFi and P2E features.
KangaMoon’s announcement of being listed by BitMart sets the coin as the best cryptocurrency to invest in. With the early investors already enjoying a 400% ROI, this listing is set to push the price even higher. Analysts predict that the price of KangaMoon will hit the $1 mark in 2024 making it the best cryptocurrency investment within the crypto market, especially now that it's listed by CoinMarketCap and Coingecko.
<h2 dir="ltr" id="span-bitcoin-btc-price-gets-an-80k-may-target-span">Bitcoin (BTC) Price Gets an $80K May Target</h2>
With the recent surge in Bitcoin's price, questions regarding a new all-time high and the coin's potential price in 2024 have become increasingly prominent. Different analysts have also weighed in, the most recent one being<a href="https://x.com/CryptoMichNL/status/1793563769919951082" target="_blank" rel="noopener noreferrer nofollow"> Michael van de Poppe</a>, the founder and CEO of MNTrading firm.
Continuing the upside theme for the price of Bitcoin is<a href="https://x.com/BitQua/status/1793359966931423406" target="_blank" rel="noopener noreferrer nofollow"> BitQuant</a> who seems to be eyeing the $80K mark in May which will be followed by another surge to $95K in June. These predictions come at a time when former US president Trump announced that he would be allowing crypto donations for his presidential campaign. Moreover, Bitcoin still remains the best crypto investment of 2024, having offered its investors a better ROI in 2024.
<h2 dir="ltr" id="span-ethereum-eth-co-founder-transfers-10-000-eth-span">Ethereum (ETH) Co-Founder Transfers 10,000 ETH</h2>
Jeffrey Wilcke, one of Ethereum’s co-founders, seems to have attracted attention by moving 10,000 ETH coins to a US-based crypto exchange, Kraken. The transaction, valued at $37.38 million was part of significant transfers made by Wilcke, according to<a href="https://twitter.com/spotonchain/status/1793442765885657146?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Etweet" target="_blank" rel="noopener noreferrer nofollow"> Spot On Chain data</a>. Since the beginning of the year, Wilcke has transferred around $75.52M worth of Ethereum tokens, totaling around 24,300 ETH, to Kraken. These transactions have garnered lots of attention owing to Wilke’s important role within the Ethereum development together with Vitalik Buterin.
Moreover, the time coincides highly with the significant surge in the price of Ethereum coin. The surge has also brought Ethereum closer to its all-time high of $4,868, positioning the coin as a top crypto to buy. Additionally, the Ethereum coin rally is mostly attributed to its recent developments and the optimistic expectation surrounding a potential positive ruling on spot Ethereum ETF, which is anticipated to happen soon.
<h2 dir="ltr" id="span-shiba-inu-shib-breakout-fall-what-s-next-span">Shiba Inu (SHIB) Breakout Fall, What’s next?</h2>
Shiba Inu suffered a breakdown after failing to sustain its price growth over a short period. This SHIB breakdown seems all-encompassing, with its 30-day slip. With the derailment in Shiba Inu price which was on its way to the $0.00003 mark, its whales have a say on what comes next. Should the whales sustain intensity in accumulation, then the supply crunch of Shiba Inu will become more pronounced, fueling any possibility of a price surge.
Moreover, Shiba Inu’s dynamic nature has placed the coin at the forefront of the deflationary trend. With millions of SHIB tokens being burnt daily, the crypto project seems to be setting itself on a rallying track in the long term. Additionally, Shiba Inu's recent developments, including the launch of the Shibarium, an Ethereum layer-2 scaling solution, will help the crypto sustain its support levels.
<h2 dir="ltr" id="span-binance-bnb-price-jump-amid-winning-court-battle-span">Binance (BNB) Price Jump Amid Winning Court Battle</h2>
Binance (BNB) registered an impressive price surge, having won its<a href="https://twitter.com/BSCNews/status/1793340324573503906" target="_blank" rel="noopener noreferrer nofollow"> court battle</a>. The First District Court in Florida, in its ruling on Wednesday, May 22, determined that the Florida regulators had not followed the right procedures in blocking Binance crypto exchange. Many within the crypto community viewed this outstanding development as a huge victory for the Binance coin amid its many legal challenges.
This comes at a time when the BNB coin has been showing resilience having bounced off its support line of a symmetrical triangle on May 20. This coincides with the positive news regarding Ethereum, as the Binance tested its upper critical resistance level. If the Binance resistance level is breached, then this crypto will continue its bullish trend which might see the price being pushed even higher. However, if the Binance price dips below its support level, it could remain trapped between the $495 and $635 mark for an extended period.
<h2 dir="ltr" id="span-conclusion-span">Conclusion</h2>
Bitcoin, Ethereum, Shiba Inu, and Binance have shown impressive market performance, recording outstanding price rallies. However, KangaMoon, a new crypto in the market, has also shown its potential, making it one of the top 5 cryptocurrencies to invest in.&nbsp;
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: <a href="https://kangamoon.com/" target="_blank" rel="noopener noreferrer nofollow">https://Kangamoon.com/</a>
Join Our Telegram Community: <a href="https://t.me/kangamoonofficial" target="_blank" rel="noopener noreferrer nofollow">https://t.me/Kangamoonofficial</a>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/trump-accepts-crypto-donations-incoming-bull-market-here-are-the-top-coins-to-invest-in-2024-tbt89927.html">https://thebittimes.com/trump-accepts-crypto-donations-incoming-bull-market-here-are-the-top-coins-to-invest-in-2024-tbt89927.html</a>

Trump Accepts Crypto Donations Incoming Bull Market, Here are the Top Coins to Invest in 2024

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