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Ethereum (ETH) and Solana (SOL) holders are exploring KangaMoon (<a href="https://kangamoon.com/" target="_blank" rel="noopener noreferrer nofollow">KANG</a>), a new meme coin project. Supporters are bullish on KANG, expecting more gains in 2024.
<h2 class="wp-block-heading" id="solana-on-traders-radar">Solana on traders’ radar</h2>
Solana recently went offline for 5 hours.&nbsp;
Some experts pointed out that Solana took longer to add transactions and may be at risk of a majority attack.&nbsp;
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As a result, SOL fell, forcing traders to explore alternatives.&nbsp;
However, in the last 24 hours, the SOL is up 5.41%, trading at $113.95.
<h2 class="wp-block-heading" id="ethereum-roars-to-2-670-72">Ethereum roars to $2,670.72</h2>
Franklin Templeton, an asset manager, has filed a request for a spot Ethereum ETF with the U.S. SEC.&nbsp;
Nonetheless, JP Morgan analysts predict that the chances of approval are below 50%, but it could happen before May.&nbsp;
You might also like: <a href="https://crypto.news/sec-delays-grayscale-spot-ethereum-etf-to-may/" rel="noopener noreferrer nofollow"> SEC delays Grayscale spot Ethereum ETF to May </a>
On the other hand, Polymarket traders have bet on the approval of spot Ethereum ETF by May 31, placing the probability at 50%.&nbsp;
Amid this, ETH is firm, rising 6.34% to $2,670.72 in the last day.
<h2 class="wp-block-heading" id="introducing-kangamoon">Introducing KangaMoon</h2>
<a target="_blank" href="https://kangamoon.com/" rel="noopener noreferrer nofollow">KangaMoon</a>&nbsp;is a platform for meme lovers who enjoy trading.&nbsp;
It combines social-fi and play-to-earn (P2E) options where users can participate in fun activities and contests to earn rewards. By doing so, they can earn KANG and other valuable rewards.&nbsp;
KangaMoon also offers P2E opportunities that are part of a growing industry.&nbsp;
You might also like: <a href="https://crypto.news/investors-closely-tracking-injective-mirror-protocol-and-kangamoon-in-q1-2024/" rel="noopener noreferrer nofollow"> Investors closely tracking Injective, Mirror Protocol, and KangaMoon in Q1 2024 </a>
Players who win matches, special events, and quests can earn virtual currency and tradable in-game items. They can also create their own characters and compete globally in tournaments.&nbsp;
The platform aims to create an active and dynamic community. KangaMoon also offers weekly, monthly, and quarterly challenges and special giveaways for presale investors.&nbsp;
Additionally, users can bet on matches to win prizes. The platform aims to create the largest like-minded community and has garnered excitement around its presale.&nbsp;
KANG is available for $0.005 in the ongoing presale.
Read more: <a href="https://crypto.news/analysts-backing-cardano-pepefork-and-kangamoon-in-2024/" rel="noopener noreferrer nofollow"> Analysts backing Cardano, PepeFork, and KangaMoon in 2024 </a>
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Solana and Ethereum holders accumulating KangaMoon

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