• Shiba Inu (SHIB) reportedly dominated buying and selling quantity on India’s largest cryptocurrency trade, WazirX, in March.
• KangaMoon will provide pre-sale members the chance to earn KANG earlier than the sport and NFT launch.
• The undertaking is at the moment in its fifth stage of presale and has raised greater than $4 million.

Shiba Inu (SHIB) topped the record of most traded tokens on India-based cryptocurrency trade WazirX in March, in keeping with the most recent information shared by the trade by way of X.

In the meantime, new meme coin undertaking KangaMoon (KANG) has surpassed $4 million in pre-sale.

Shiba Inu ranks first in buying and selling quantity on WazirX in India

in keeping with Put up to XSHIB topped the month-to-month buying and selling quantity in March, surpassing Bitcoin (BTC) and prime meme cash PEPE, Floki, and Dogecoin (DOGE).

The surge in buying and selling volumes in India displays the power of the token, notably with meme cash dominating amid a shift in the direction of long-term prospects reasonably than speculative hype.

As one of many prime meme tasks, Shiba Inu goes past meme tags.

The Shiba Inu workforce has aimed for this development by launching ShibaSwap, a DEX platform, and Shibarium, a layer 2 chain. With the general memecoin ecosystem in a constructive temper, this token has vital traction.

The worth of SHIB, the second-largest meme coin after Dogecoin by market capitalization, fell final week, however it stays one of many prime trending tokens. SHIB value is up 3% up to now 24 hours and can be inexperienced in opposition to BTC and ETH.

KangaMoon (KANG) undertaking good points momentum amid meme growth

KangaMoon is a brand new meme coin that mixes the perfect of SocialFi and Play-to-Earn. Kangaroo Boxing Journey's digital immersive world and NFTs imply KangaMoon's design options two of the most well liked tendencies available on the market.

Due to this fact, entry to P2E gaming and NFTs are the largest options that make KangaMoon a contender for the perfect altcoins you should purchase available on the market at present.

However greater than that, what units this undertaking aside within the flooded crypto presale market is that it presents actual utility and worth to token holders from the second they take part within the presale.

In contrast to many meme coin tasks, KangaMoon goes past being community-driven and gives in-game belongings that make monetizing sport time an actual profit for KANG holders.

The undertaking has a complete provide of 1 billion tokens, of which 60% (600 million) have been pre-sold. One other 150 million can be in-game rewards, with staking and buybacks accounting for 100,000 and 50,000 respectively.

Must you purchase KangaMoon now that the presale has reached $4 million?

At present in stage 5, the entire quantity raised has exceeded $4 million, and the value has elevated from $0.005 to $0.0196. Costs stay at very cut price ranges, suggesting that purchasing now could possibly be an ideal alternative.

This outlook is more likely to develop even stronger, particularly as consultants predict continued development for meme cash. Additionally noteworthy is the estimated development charge of the worldwide Play-to-Earn and NFT gaming market, with analysis exhibiting that it may soar from $3.6 billion at a CAGR of 21.3% by 2028. I’m.

KangaMoon combines meme tradition with the advantages of P2E and SocialFi, permitting anybody to earn KANG tokens by collaborating in numerous gameplay challenges.

When not collaborating in epic battles, token holders can unlock the potential of prime fighters by putting bets. KANG rewards can be found weekly, month-to-month, and quarterly.

Because of the pleasure round this undertaking, KangaMoon's pre-sale was very fashionable. Traders who may need missed out on Shiba Inu, Pepe, Floki, and extra lately canines are more and more betting on Kang.

Study extra about KangaMoon right here.