Bitcoin’s recent price surge has sent the crypto market into a buying frenzy. The market cap could now pass $2 trillion, causing a significant rally throughout the industry.
Two projects that are on everyone’s buy list are VeChain and KangaMoon. Having just hit a new two-year high, experts believe VeChain could experience an additional 20% surge. Meanwhile, KangaMoon has gained significant momentum during its presale, and could reach a new all-time high within the next few weeks.
VeChain Achieves A Two-Year High
VeChain has been one of the best-performing cryptocurrencies over the last week. In just 7 days, its value increased by 57%, taking VeChain to two-year highs of $0.0478. This growth has been impacted by two developments.
Firstly, Bitcoin has passed $52,000, sending the crypto market into a buying frenzy. Many projects have seen returns of over 15% over the last 24 hours. However, VeChain has outperformed the market due to a second development.
VeChain announced that it will be extending its partnership with DNV GL and Renji Hospital by developing a Digital Intelligent Cloud Tumor Center. This seven-year collaboration has shown how blockchain technology can impact the healthcare market, and the new center is expected to take this to the next level.
Since its announcement VeChain’s daily trading volume has increased by 417%, and VeChainhas broken into the top 20 ranked cryptocurrencies by trading volume.
However, some experts believe that VeChain could soon meet a new resistance. As overall market hype slows, bearish experts suggest that VeChain could drop below $0.045, which suggests that investors may have limited time to capitalize on the altcoin's growth.
KangaMoon (KANG) Presale Passes $150k Raised
KangaMoon is revolutionizing social-fi and P2E gaming with its unique new ecosystem. The project aims to create one of the largest and most active communities of meme and crypto enthusiasts with its social-fi model.
This model will actively reward individuals for interacting with other investors within the KangaMoon community. Individuals will be eligible for weekly, monthly and quarterly rewards, which will include KangaMoon’s utility token, KANG.
During its presale, KangaMoon will reward players who promote the KangaMoon presale with additional tokens, which is expected to speed up the project's adoption. So far, the meme coin has already hit several milestones, including raising Over $150,000.
To help distinguish itself from other meme coins, KangaMoon will also offer a P2E game. This game will let players battle characters to win lucrative rewards, which can be traded using the KangaMoon marketplace.
KangaMoon is currently in stage one of its presale. KANG tokens are selling for $0.005, and experts predict they could surge up 220% before the KangaMoon presale is complete. This monumental increase, as well as its range of social-fi rewards, has helped KangaMoon become one of the most exciting new DeFi projects.
Will KangaMoon Become The Next Big Meme Project?
Having quickly made a name for itself in the DeFi space, experts are bullish about KangaMoon. After its presale, KangaMoon will be listed on several Tier-1 exchanges. Once listed, experts predict that KANG could surge an additional 350%. Such returns would put KangaMoon in the top 100 ranked cryptocurrencies, and allow it to challenge many of the world's leading meme coins.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
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