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<div class="coinjournal">
 <ul>
  <li dir="ltr">Bitcoin Cash and Stacks are among altcoins to surge as Bitcoin price broke above $57k today.</li>
  <li dir="ltr">KangaMoon (KANG) is a new meme coin offering real-world value via a Social-Fi and play-to-earn (P2E) ecosystem.</li>
  <li dir="ltr">The project’s presale has accelerated into stage 2 as investors eye a potential 20x token.</li>
 </ul>
 <p dir="ltr">Bitcoin Cash (BCH) and Stacks (STX) rallied as Bitcoin price broke above $57,000 to strengthen bulls’ attempts to reach the last bull market’s peak. BCH added 14% to trade at $303 while STX price jumped 24% to $3.14.</p>
 <p dir="ltr">Elsewhere, Dogecoin pushed to $0.09 as meme coins looked to pump amid the BTC momentum. This sentiment cascaded into the presale market, where KangaMoon (KANG) is attracting huge attention from investors.</p>
 <h2 dir="ltr" id="bitcoin-price-spike-pushes-bch-stx-higher">Bitcoin price spike pushes BCH, STX higher</h2>
 <p dir="ltr">Once Bitcoin broke above $54k, bears had no answer as the next few hours saw the benchmark <a rel="noopener noreferrer nofollow" title="Crypto" href="https://thebittimes.com/tag/crypto.html">Crypto</a>currency blast past $57k. According to TradingView data, $<a rel="noopener noreferrer nofollow" title="BTC" href="https://thebittimes.com/tag/btc.html">BTC</a> price rose as high as $57,250 on US-based <a rel="noopener noreferrer nofollow" title="Crypto" href="https://thebittimes.com/tag/crypto.html">Crypto</a> exchange Coinbase.</p>
 <p dir="ltr">The move saw millions of dollars in shorts liquidated, with $BTC accounting for over $189 million of the $271 million early Tuesday.</p>
 <p dir="ltr">Although major altcoins posted slightly unimpressive gains, Ethereum still managed to cross above $3,200. Theta Network (THETA), Bitcoin Cash (BCH) and Stacks (STX) however outpaced the rest of the top 50 coins by market cap.</p>
 <p dir="ltr">Analysts say these tokens could rally higher as BTC outperforms – particularly with the halving less than two months away.&nbsp;</p>
 <h2 dir="ltr" id="kangamoon-the-new-era-of-memefi-and-play-to-earn">KangaMoon: The new era of MemeFi and play-to-earn</h2>
 <p dir="ltr">KangaMoon is a new project aiming to become the top meme coin by offering the crypto community access to the best of Social-Fi and play-2-earn (P2E).</p>
 <p dir="ltr">The ERC-20 token will have a maximum supply of 1 billion tokens. 60% or 600 million tokens are available for presale, while 150 million and 100 million will go to in-game rewards and staking rewards respectively.</p>
 <p dir="ltr">While an ecosystem filled with fun activities, KangaMoon also sets itself apart from the horde of meme coins out there with a layer of real-world value. Unlike Dogecoin or the many copycats it inspired, KangaMoon’s $KANG holds real utility that comes at every competition and challenge.</p>
 <p dir="ltr">Holders of $KANG will have a chance to earn rewards or win major prizes in weekly, monthly or quarterly challenges. The best part of this project is that $KANG holders can start earning token rewards straightaway.</p>
 <p dir="ltr">Once you acquire the utility token during the <a rel="noopener noreferrer nofollow" title="presale" href="https://thebittimes.com/tag/presale.html">presale</a>, you can begin to monetize your gaming time and accumulate more $KANG before the token launches post-<a rel="noopener noreferrer nofollow" title="presale" href="https://thebittimes.com/tag/presale.html">presale</a>.</p>
 <p dir="ltr">What this project aims to do is foster a vibrant ecosystem where Socia-Fi and gaming combine to offer value that other meme coins don’t. The KangaMoon virtual world also includes NFTs.</p>
 <h2 dir="ltr" id="kangamoon-price-outlook-will-kang-20x-in-2024">KangaMoon price outlook: Will $KANG 20x in 2024?</h2>
 <p dir="ltr">According to a recent research <u>report</u>, the global P2E and NFT games market is estimated to expand by a CAGR of 21.3% to $6324.54 million by 2031. KangaMoon is poised to take this market by storm, having raised over&nbsp;</p>
 <p dir="ltr">The project’s <a rel="noopener noreferrer nofollow" title="presale" href="https://thebittimes.com/tag/presale.html">presale</a> offers meme enthusiasts and the <a rel="noopener noreferrer nofollow" title="Crypto" href="https://thebittimes.com/tag/crypto.html">Crypto</a> investing community a chance to grab $KANG and join a top tier play-to-earn ecosystem.</p>
 <p dir="ltr">The presale is also an opportunity for early adopters to be part of a community-driven crypto project that analysts forecast could be a 20x token in 2024.&nbsp;</p>
 <p dir="ltr">With previous bull runs for Bitcoin coinciding with a later distribution of profits into alts, analysts see a rally for BCH and STX extending. Memecoins are also set to profit from this sentiment in coming months, and leading this new era will be KangaMoon (KANG).</p>
 <p dir="ltr">Join the presale or learn more here.</p>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/bitcoin-cash-stacks-rally-as-btc-breaks-57k-kangamoon-eyes-breakout-presale-tbt80894.html">https://thebittimes.com/bitcoin-cash-stacks-rally-as-btc-breaks-57k-kangamoon-eyes-breakout-presale-tbt80894.html</a></p>

Bitcoin Cash, Stacks rally as BTC breaks $57k; KangaMoon eyes breakout presale

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TheBitTimes

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