Greed

Based

Uniswap

DeFi

Foundation

<img src="https://cdn.thebittimes.com/images/2024/05/30/1717085971.webp" width="800" height="450" alt="">
Ahead of fee mechanism votes, the Uniswap Foundation has revealed its assets. Based on the information, the Foundation disclosed that it is holding $41.41 million in fiat and stablecoins and 730,000 UNI tokens as of the end of Q1 of 2024. This record shows that the popular DEX exchange is making giant strides even in the face of challenges it is facing with the US SEC. Meanwhile, the KangaMoon <a href="https://kangamoon.com/" target="_blank" rel="noopener noreferrer nofollow">(KANG)</a> presale has surpassed $7.3M with analysts picking its native token KANG as one of the best DeFi coins to buy ahead of the altcoin season.
<h2 dir="ltr" id="span-kangamoon-presale-surpasses-7m-as-early-buyers-gain-400-returns-span">KangaMoon Presale Surpasses $7M As Early Buyers Gain 400% Returns</h2>
With Uniswap recording massive success, the KangaMoon presale is also breaking records. With the increasing whale accumulation, the KangaMoon team has raised over $7.3M in presale while targeting $9M in June. The KangaMoon token holders have exceeded 10,000, with the community members heading towards 35,000 users. The KANG token price has surged to $0.025 from the $0.0050 in stage 1.&nbsp;
These record milestones prove KangaMoon's wide acceptance across the crypto market. As such, KANG will likely emerge as one of the best DeFi coins of Q2. Some crypto analysts have projected 50x rallies in June as the token nears listing across CEX exchanges. BitMart has already announced the upcoming KANG listing, with other CEX exchanges to follow soon.&nbsp;
The KangaMoon ecosystem is also growing beyond investors' expectations. Recently, the platform partnered with the popular Telegram bot RaidSharksbot to boost engagement. Users who engage in the thrilling raid stand a chance of winning $1000 monthly rewards. At the same time, they launched the Kangameme contest, which rewards users with $50 monthly.&nbsp;
The platform's goal is to build a vibrant community for meme enthusiasts. The KangaMoon ecosystem will integrate the play-to-earn NFT games with the social-fi model. With both, users can engage in various competitions and win rewards. With its listing in CoinMarketCap and CoinGecko, KangaMoon's popularity is about to boom. As such, analysts tip the KANG price to hit $1 in 2024, making it one of the DeFi coins to invest in now.&nbsp;
<h2 dir="ltr" id="span-uniswap-foundation-reveals-assets-as-market-activity-falls-span">Uniswap Foundation Reveals Assets As Market Activity Falls</h2>
With the upcoming mechanism votes, the Uniswap Foundation has disclosed that it is holding $41.41M in fiat and stablecoins and 730,000 UNI tokens by the end of Q1. Within the period, the Foundation committed $4.34M in new grants, with $2.79M disbursed in the previously committed grants. Amazingly, the UNI tokens are mapped out for employee token rewards with the fiat and stablecoins meant for grant-making and operating activities.
The recent Uniswap news came at a time when the Uniswaps fee mechanism vote is heating up the DeFi space. In the past month, the Uniswap price has gained 34%, trading above $11 in the past few days. However, the latest market pullback has led to a decline.&nbsp;
Even at that, Uniswap is trading above the key $10 support zone. The majority of Uniswap key market indicators are showing a buy signal, with the Fear and Greed Index showing Greed (60). Popular crypto analysts like <a href="https://x.com/clifton_ideas/status/1792049683592032388" target="_blank" rel="noopener noreferrer nofollow">Clifton FX</a> believe a bull run is imminent. Also, major Uniswap price predictions see the coin hitting $20 in June, putting it on experts' lists of DeFi coins to invest in now.&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/crypto-news-uniswap-flashes-the-cash-as-trending-kangamoon-surpasses-7million-tbt90569.html">https://thebittimes.com/crypto-news-uniswap-flashes-the-cash-as-trending-kangamoon-surpasses-7million-tbt90569.html</a>

Crypto News: Uniswap Flashes The Cash As Trending Kangamoon Surpasses $7Million

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