Cardano

United

Read

<div class="cryptonews"> 
 <p class="is-style-lead">Cardano (ADA) and Tron (TRX) are established projects that are currently stable. Meanwhile, a new play-to-earn (P2E) meme coin project, Kangamoon, has captured investor attention.</p> 
 <h2 class="wp-block-heading" id="summary">Summary:</h2> 
 <ul> 
  <li>ADA recently recovered above $0.25.</li> 
  <li>TRX is bullish; the RSI reading is above 47.01</li> 
  <li>Kangamoon’s no-tax model places the project ahead of emerging P2E games.</li> 
 </ul> 
 <h2 class="wp-block-heading" id="cardano-is-building-momentum">Cardano is building momentum</h2> 
 <p>ADA is steadying, recovering, and trading above $0.25, adding 6%.</p> 
 <div class="cn-block-related-link"> 
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Cardano’s Hoskinson foresees ADA surpassing Bitcoin&nbsp; 
 </div> 
 <p>While Cardano is still down around 2% for the month, over 30% versus its July highs around $0.38 and over 45% since April’s yearly highs above $0.46, its latest rebound has propped its market cap.</p> 
 <p>Contraction in ADA prices is tied to dropping decentralized finance (defi) activity and concerns about how the United States Securities and Exchange Commission (SEC) has classified the token.</p> 
 <h2 class="wp-block-heading" id="tron-prices-bullish">Tron prices bullish</h2> 
 <p>TRX’s value has plummeted since its 1,000% rally in 2017/18 due to the fading hype after Justin Sun’s aggressive marketing contributed to early success.</p> 
 <div class="cn-block-related-link"> 
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Analysts bullish on Cardano, TRON, and Kangamoon 
 </div> 
 <p>Last week, TRX reached $0.0798 before dropping to $0.078138. Currently, the coin is trading above the 50-day EMA, 100-day EMA, and 200-day EMA moving averages.</p> 
 <p>Further, TRX’s RSI is at 47.01, suggesting strength.&nbsp;</p> 
 <p>Analysts are <a rel="dofollow" title="bullish" href="https://thebittimes.com/tag/bullish.html">bullish</a>, predicting TRX to reach $0.12 before the year-end.</p> 
 <h2 class="wp-block-heading" id="kangamoon-adds-utility-to-meme-coins">Kangamoon adds utility to meme coins</h2> 
 <figure class="wp-block-image">
  <img decoding="async" src="https://thebittimes.com/image/getimage/?url=https://lh5.googleusercontent.com/kRLv7Lh_CnOsjV0iOrdAmmsW-jF-n3w0NSOB_HeRIF5utmggmMViU21TYKWpTyc2KNkxIEEvrvdgvpuq84Yo5mNMSaOUmHoRuZs8aSb2QQe56rvXpq9ptBX3OZMyJjHS_l3TkjURyTrGDlb_0otyUZc" alt="Cardano and Tron bullish, Kangamoon bringing utility to meme coins - 1">
 </figure> 
 <p>Kangamoon&nbsp;aims to change the meme coin sphere by incorporating <a rel="dofollow" title="utility" href="https://thebittimes.com/tag/utility.html">utility</a>, cultivating a community of enthusiasts, and implementing play-to-earn (P2E) functionality.</p> 
 <p>This means players can earn virtual currency and rare in-game items by winning matches, participating in events, and completing quests in a virtual boxing world.&nbsp;</p> 
 <div class="cn-block-related-link"> 
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> You might also like: </span> Analysts bullish on Cardano, TRON, and Kangamoon 
 </div> 
 <p>The project lets players trade and sell their in-game earnings for real cash in a marketplace.</p> 
 <p>In addition,&nbsp;Kangamoon&nbsp;will allow players to cash out their rewards without incurring any tax.</p> 
 <p>In the early stages of its presale, KANG, Kangamoon’s native token, is available for $0.005.&nbsp;</p> 
 <p>Details of Kangamoon (KANG) presale:</p> 
 <p>Website:&nbsp;https://Kangamoon.com/</p> 
 <p>Telegram:&nbsp;https://t.me/Kangamoonofficial</p> 
 <div class="cn-block-related-link"> 
  <svg class="cn-block-related-link__icon icon" aria-hidden="true"> <use xlink:href="#"></use> 
  </svg> <span class="cn-block-related-link__prefix"> Read more: </span> Study examines USDT and DAI stability, Kangamoon draws investors in presale 
 </div> 
 <div class="cn-block-disclaimer"> 
  <div class="cn-block-disclaimer__icon"> 
   <svg class="icon icon-info" aria-hidden="true">
    <use xlink:href="#"></use> 
   </svg> 
  </div> 
  <p class="cn-block-disclaimer__content"> Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company. </p> 
 </div> <span class="google-news-banner__label">Follow Us on Google News</span> 
</div> 
<p>Source: <a rel="dofollow" target="_blank" href="https://thebittimes.com/cardano-and-tron-bullish-kangamoon-bringing-utility-to-meme-coins-tbt64050.html">https://thebittimes.com/cardano-and-tron-bullish-kangamoon-bringing-utility-to-meme-coins-tbt64050.html</a></p>

Cardano and Tron bullish, Kangamoon bringing utility to meme coins

Obsah

TheBitTimes

Ďalšie články zverejnené 26. 9. 2023

Chainlink and Altcoins Show Promising Gains Amidst Bitcoin’s Stagnation

Bitboy Crypto Arrested Following Business Partner Confrontation!

Biden’s Executive Order on AI Stirs Up Uncertainty in the Crypto World

VARA Issues Alert Against Unregulated VASP JPEX, Investor Caution Advised

Stellar Network Says Blockchain Is Answer for Financial Inclusion

LSDs Reshape Ethereum Staking Landscape: A 43.7% Surge in 2023

Pripojte sa k nášmu bezplatnému bulletinu a získajte denné aktualizácie kryptomien!