• NEO soared above $22.8 on the again of a broad restoration within the crypto market.
• Kangamoon integrates SocialFi, Play-to-Earn, and $KANG tokens for group participation.
• The $KANG token presale amounted to over $4.8 million, with 32.4% offered.

NEO, one of many main altcoins, has rebounded considerably and soared above the $22.8 mark. The surge comes amid a broader restoration within the crypto market, significantly sparked by Bitcoin's resurgence after final weekend's flash crash.

On the identical time, a brand new meme coin, Kangamoon, can also be gaining curiosity amongst traders, with the full quantity raised within the ongoing native token presale exceeding $4.8 million.

NEO value breakout

NEO, often known as the “Chinese language Ethereum” as a result of its practical similarities, witnessed an astonishing 25.30% value leap inside a day, reaching $22.89.

On the time of writing, the token value had fallen barely to $21.72.

This meteoric rise has established NEO as one of many high cryptocurrencies as we speak on varied buying and selling platforms.

Technical evaluation means that NEO value is consolidating inside an ascending parallel channel, indicating a bullish bias. Market sentiment stays bullish and nicely beneath overbought territory, with the Relative Power Index (RSI) above the typical degree of fifty and the Easy Transferring Common (SMA) rising.

If Bitcoin value continues to rise, NEO might surge and stay above the higher finish of the channel that it briefly breached earlier as we speak, probably reclaiming its current excessive of $23.83. be.

Kangamoon: Meme coin with SocialFi and P2E mannequin

Amidst the cryptocurrency frenzy, a brand new participant has emerged within the memecoin enviornment: Kangamoon.

Kangamoon goals to create a vibrant and inclusive group of meme fans whereas integrating SocialFi (Social Finance) and Play-to-Earn components. The undertaking gives a singular platform the place customers can work together, develop and earn rewards by varied actions.

On the coronary heart of Kangamoon is its native token $KANG, an ERC-20 token constructed on the Ethereum blockchain.

With a most token provide of 1,000,000,000, the $KANG token will function the spine of the Kangamoon ecosystem. Customers can take part in community-driven occasions, challenges, and giveaways to earn $KANG tokens and unique rewards.

Moreover, Kangamoon presents a social fi mannequin that permits members to earn further tokens by actively collaborating on the platform.

$KANG token presale

The $KANG token pre-sale occasion attracted plenty of consideration inside the cryptocurrency group, elevating $4,845,970.943 on the time of writing.

32.4% of the tokens have already been offered, and expectations are excessive for the remaining 67.6% of the tokens.

The presale will provide contributors the chance to accumulate $KANG tokens at a reduced charge, with a ten% bonus on all purchases throughout stage 5 of the presale.

As soon as the pre-sale ends, token declare particulars might be printed on Kangamoon's web site, social media channels, publication, and Telegram. The tokens might be accessible by a declare button on the web site, facilitating a seamless course of for contributors to acquire $KANG tokens.

conclusion

With the return of NEO and the success of Kangamoon's presale, the crypto market is witnessing a brand new chapter in its ongoing story of development and innovation.

As Kangamoon continues to achieve traction within the cryptocurrency area, the undertaking's revolutionary method to group constructing and meme coin integration units it aside in an ever-evolving panorama.