2024

DeFi

Arweave

<img src="https://cdn.thebittimes.com/images/2024/06/06/1717639214.webp" width="800" height="534" style="display: block; margin-left: auto; margin-right: auto;">
The long-awaited Ethereum ETF was approved on May 23 2024 as many DeFi tokens picked up immediately the approval was validated. Some of the top DeFi coins that have experienced a humongous surge since the approval are Ethereum itself, KangaMoon, and Arweave. Particularly, KANG has witnessed a massive inflow of investors since that time and is currently one of the top-performing tokens in the DeFi market.
<h2 dir="ltr" id="span-kangamoon-experience-massive-investor-s-entry-moments-after-etf-span">KangaMoon Experience Massive Investor's Entry Moments After ETF</h2>
Alongside Arweave and Ethereum, <a href="https://kangamoon.com/" target="_blank" rel="noopener noreferrer nofollow">KangaMoon </a>is another DeFi coin that has seen a massive influx of investors. The KANG token is already up by a massive 400%, but the new approval has elicited a growth prediction of up to 1000% in ROI. The new enthusiasm among investors has raised KangaMoon's status, with analysts viewing it as one of the best DeFi tokens.
KangaMoon banks on its strong utilities which include play-to-earn gaming, allowing users to compete against one another. The second KangaMoon utility is the SocialFi concept where users perform basic tasks to earn rewards in the form of KANG tokens. Needless to say, KangaMoon is a completely community-driven project, with users earning big on the platform.
Due to its rare model, KangaMoon has attracted more than 33,000 participating members, 10,000 KANG holders, and $7.7 million in presale funding. The platform has also launched the staking DApp, allowing users to multiply their assets through the staking option. To get more visibility, the KANG token is now listed across the two aggregator giants CoinMarketCap and CoinGecko.
At present, KANG is worth only $0.025 but the next few months could see it reach $1, making it the best DeFi crypto to invest in now. With Bitmart confirming the token listing, the KANG price may soon explode beyond imagination, particularly if other major exchanges join to list the token at the expiration of the presale.
<h2 dir="ltr" id="span-investors-rush-to-span-span-ethereum-coin-span-span-after-etf-approval-span">Investors Rush To Ethereum Coin After ETF Approval&nbsp;</h2>
Ethereum traded at $4k in March before it rebounded below $3k. However, the approval of the ETF has shifted the momentum to the bulls with many traders rushing to join the fray after the token surged by 21% in the past month. This momentum has led to an increase in the Ethereum market cap above $450 billion.
Even though there are fears that Ethereum may experience a drop due to its oversold territory, analysts remain upbeat that the bulls will continue to defend the $3700 support level. By breaking out of this zone, experts envisage a new Ethereum price prediction of over $4k in June.
<h2 dir="ltr" id="span-arweave-coin-span-span-gains-as-buyers-interest-skyrocket-span">Arweave Coin Gains as Buyers Interest Skyrocket</h2>
Arweave delivered a robust performance in the past few weeks, alerting the attention of investors. The Arweave token made over 34% in the past month before going higher by 18% in the past week. The newfound surge has taken the token closer to the resistance trendline of $50.
According to Twitter crypto analyst <a href="https://x.com/oct_trades/status/1797927861594017844?t=k65sVIEssR2-3mAy2CgQiA&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">OCT Trades</a>, Arweave has gained a significant uptick in its metrics, with the platform completing 6 billion transactions in one year. With the Arweave price now eyeing the $48 mark, a shot at $50 may come soon. This makes Arweave one of the top DeFi coins on analysts' watch lists.&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 KangaMoon 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/days-after-etf-approval-investors-rush-to-buy-ethereum-kangamoon-and-arweave-tbt91580.html">https://thebittimes.com/days-after-etf-approval-investors-rush-to-buy-ethereum-kangamoon-and-arweave-tbt91580.html</a>

Days After ETF Approval, Investors Rush To Buy Ethereum, KangaMoon and Arweave

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