Ethereum

<div class="coinjournal">
 <ul>
  <li>NEO surges past $22.8 amid broader crypto market recovery.</li>
  <li>Kangamoon integrates SocialFi, Play-to-Earn, with $KANG tokens for community engagement.</li>
  <li>$KANG token presale exceeds $4.8M, with 32.4% sold.</li>
 </ul>
 <p>NEO, one of the leading altcoins, has made a significant rebound, surging past the $22.8 mark. This surge comes amid a broader recovery in the crypto market, particularly driven by Bitcoin’s resurgence following a flash crash over the weekend.</p>
 <p>At the same time, a new meme coin, Kangamoon, has also seen a <a rel="noopener noreferrer nofollow" title="surge" href="https://thebittimes.com/tag/surge.html">surge</a> in interest among investors pushing the total amount raised in its ongoing native token <a rel="noopener noreferrer nofollow" title="presale" href="https://thebittimes.com/tag/presale.html">presale</a> past $4.8 <a rel="noopener noreferrer nofollow" title="million" href="https://thebittimes.com/tag/million.html">million</a>.</p>
 <h2 id="neo-price-breakout">NEO price breakout</h2>
 <p>NEO, often dubbed the “Chinese Ethereum” due to its similarity in functionality, has witnessed a remarkable price <a rel="noopener noreferrer nofollow" title="surge" href="https://thebittimes.com/tag/surge.html">surge</a> of 25.30% within a day, reaching a hit of $22.89.</p>
 <p>At press time, the toke’s price had slightly pulled back to $21.72.</p>
 <p>This <a rel="noopener noreferrer nofollow" title="surge" href="https://thebittimes.com/tag/surge.html">surge</a> positions NEO among today’s top crypto gainers on various trading platforms.</p>
 <p>Technical analysis suggests that NEO’s price is consolidating within an ascending parallel channel, indicating a bullish bias. With the Relative Strength Index (RSI) above the ’50’ mean level and rising Simple Moving Averages (SMAs), the market sentiment remains bullish and well below the overbought region.</p>
 <p><img decoding="async" class="alignnone size-full wp-image-198736" src="https://cdn.thebittimes.com/images/2024/04/15/b3667f4505f3b6c5db041ef44eec0bfe.webp" alt="NEO price chart" width="1187" height="423"></p>
 <p>Should Bitcoin’s price continue to rise, NEO could surge and remain above the upper boundary of the channel, which it temporarily breached eariler today, with a possibility of reclaiming its recent peak at $23.83.</p>
 <h2 id="kangamoon-a-meme-coin-with-socialfi-and-p2e-model">Kangamoon: a meme coin with SocialFi and P2E model</h2>
 <p>Amidst the crypto frenzy, a new player emerges in the meme coin arena – Kangamoon.</p>
 <p>Kangamoon aims to create a vibrant and inclusive community of meme enthusiasts while integrating SocialFi (Social Finance) and Play-to-Earn elements. The project offers a unique platform where users can interact, grow, and earn rewards through various activities.</p>
 <p>At the heart of Kangamoon lies its native token, $KANG, an ERC-20 token built on the Ethereum blockchain.</p>
 <p>With a maximum token supply of 1,000,000,000, $KANG tokens serve as the backbone of the Kangamoon ecosystem. Users can participate in community-driven events, challenges, and giveaways to earn $KANG tokens and exclusive rewards.</p>
 <p>Additionally, Kangamoon offers a social-fi model, allowing members to earn extra tokens by actively engaging with the platform.</p>
 <h2 id="kang-token-presale">$KANG token presale</h2>
 <p>The presale event for $KANG tokens has garnered significant attention within the crypto community, raising $4,845,970.943 at press time.</p>
 <p>With 32.4% of the tokens already sold, there is growing anticipation for the remaining 67.6% of the tokens.</p>
 <p>The presale offers participants the opportunity to acquire $KANG tokens at a discounted rate, with a 10% bonus available on all purchases in Stage 5 of the presale.</p>
 <p>Once the presale ends, token claiming details will be made available on the Kangamoon website, social media channels, newsletter, and Telegram. Tokens will be accessible via a claim button on the website, facilitating a seamless process for participants to acquire their $KANG tokens.</p>
 <h2 id="conclusion">Conclusion</h2>
 <p>With NEO’s resurgence and Kangamoon’s presale success, the crypto market witnesses yet another chapter in its ongoing saga of growth and innovation.</p>
 <p>As Kangamoon continues to gain traction in the crypto sphere, the project’s innovative approach to community building and meme coin integration sets it apart in an ever-evolving landscape.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/neo-rebounds-past-22-8-as-this-meme-coin-presale-surges-past-4-8-million-tbt85407.html">https://thebittimes.com/neo-rebounds-past-22-8-as-this-meme-coin-presale-surges-past-4-8-million-tbt85407.html</a></p>

NEO rebounds past $22.8 as this meme coin presale surges past $4.8 million

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