Worldcoin, once a popular cryptocurrency, is now facing concerns and a decline in price. Traders are raising alarms about the future of Worldcoin, particularly due to the daily sell pressure caused by the inflation of its supply. The price of Worldcoin has dropped by 18.52% in the last week, and its market cap has also decreased by 13.2%. As a result, some investors are choosing to diversify their holdings and look for alternative options.
One such alternative is KangaMoon, a meme coin that has gained attention during the recent craze. KangaMoon’s presale performance has been impressive, with expectations of generating $8 million by May 2024. It has already surpassed $6.7 million and has gathered a community of over 20,000 members and 6,000 holders.
KangaMoon’s main goal is to capitalize on the Play-to-Earn (P2E) gaming industry, which is projected to be worth $885 million by 2028. The team plans to create a P2E game where players can level up characters and use KangaMoon tokens to purchase in-game products. Unlike other meme coins, KangaMoon aims to provide actual utility and benefit from the evolving gaming industry.
What sets KangaMoon apart is its SocialFi component. It is giving away free KangaMoon tokens to users based on their activity on social media platforms like X and Telegram. This has attracted a large number of individuals who are engaging with and sharing KangaMoon’s content.
During the presale, each KangaMoon token is currently valued at $0.025, a 400% increase from its initial worth. Analysts believe that once it is listed on a Tier-1 CEX in Q2 2024, its value could skyrocket even further. With its potential for growth and its unique features, KangaMoon is considered one of the top meme coins to invest in.
Despite Worldcoin’s decline, KangaMoon has the potential to outshine it due to its smaller market capitalization. Even with a sharp decline in the market cap of Worldcoin, KangaMoon can still shine bright.
For those interested, the KangaMoon presale offers exciting opportunities. It is advised to conduct thorough research and make informed decisions before investing in any cryptocurrency.
Disclaimer: This article is provided by the client and The Crypto Basic does not endorse or support any content or product mentioned. Readers should conduct their own research and exercise caution when making investment decisions. This article is for informational purposes only and should not be considered financial advice.
