Crypto ETFs are gaining traction in the market after the SEC gave the greenlight to Ethereum ETFs. Standard Chartered has predicted that Ripple, one of the top crypto coins in the market, could be next in line for a spot ETF.
Meanwhile, the Terra Classic community is voting on the proposal for a new upgrade that will occur in June. Also, KangaMoon’s presale is gaining more momentum in the market. The project has now raised over $7.2 million and is aiming for $8 million.
KangaMoon (KANG) Hits New Milestone As Fund Raised Crosses $7M
KangaMoon (KANG) is ahead of the entire crypto market delivering up to 400% in return for its early investors who joined its crypto ICO. Analysts are bullish that KANG price will surge from its current price of $0.025 to $1 before this year ends
KangaMoon is considered the best crypto investment of the year, featuring a growing support base for its new concept of Social-Fi and GameFi. The platform rewards user activity both on social media and in the KangaMoon ecosystem.
This creates one of the most engaging communities since users are rewarded with free KANG tokens for how much they interact on social media. In these efforts, with over 32,000 new users added in just a week, KangaMoon has seen a total rise of over $7,287,865.794. To add more icing on the cake, KANG has been listed on two top crypto platforms – CoinMarketCap and CoinGecko.
Investors can now track the price of the KANG coin on both platforms. That is not all. News from KangaMoon reveals that KANG will soon be listed on one of the top exchanges, BitMart.
This listing could be a bullish catalyst for the KANG token in the coming weeks. Moreover, KangaMoon is one of the fastest-growing projects, given the 400% price surge, $7.2 million funding raised, and the large number of users that have been onboarded. With just a few days remaining before the bonus stage of KangaMoon’s crypto ICO, now is the perfect time to get on the KangaMoon train.
Ripple (XRP) ETF Should Arrive in 2025 – Standard Chartered
Following the approval of Ethereum ETFs by the US SEC, analysts are now pushing forward for top crypto coins to join the list. One such coin is Ripple (XRP). According to Geoffrey Kendrick,a top analyst at Standard Chartered, Ripple ETF could come in 2025.
Kendrick is not the first to talk about the possibility of an Ripple ETF. Brad Garlinghouse, the CEO of Ripple also talked about a Ripple ETF in February. Garlinghouse said “We would certainly welcome it” while acknowledging the chances that more crypto ETFs would arise in the coming months. Meanwhile, the Ripple coin is up 2.9% on the monthly price chart.
Terra Classic (LUNC) Voting on v3.0.1 Upgrade Set for June
The Terra Classic (LUNC) community is voting on the proposal for the v3.0.1 upgrade. The upgrade designed by developer Genuine Labs is set to launch on June 2nd. If this proposal is accepted, the proposed binary will be deployed to the chain through a chain halt software upgrade.
This means the Terra Classic chain will be stopped at block height 18,303,000, and protocol will require validators to replace the old binary with the new one. The main elements of this upgrade include wasmd v0.45, ibc-go v7, SDK v0.47, and a p2p storm fix, which would improve the operation and performance of the network.
Conclusion
While Ripple ETF could enter the market in 2025, the Terra community is preparing for an upgrade that will make its network faster and more efficient. Meanwhile, KangaMoon’s KANG is the best crypto investment in the market now. Analysts have predicted its value will rise as high as $1 this year.
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