KangaMoon, Ethereum, and PepeFork all saw significant gains following the bullish market. This week, KangaMoon reached a new all-time record high while Ethereum also hit a two-year high.
PepeFork also saw significant gains in the past 7 days. However, some experts think that the meme coin may be too volatile for stable returns on a long-term basis. Compare the three projects.
Ethereum’s Dencun update: Can it reach a new high?
Ethereum is launching its Dencun Update later this year. This update will bring several benefits to the Ethereum ecosystem. This update will bring about improved efficiency and lower transaction fees. Ethereum will be more cost effective for data storage with the new update.
Ethereum’s cost could be significantly reduced, making it more accessible to the masses. This could accelerate Ethereum adoption and drive up the value of ETH. If the Dencun upgrade is successful, some experts say that Ethereum could reach a new record high if it’s successful.
Ethereum currently trades at $3,976.40, and its value has increased by 9.8% in the past week. If Ethereum continues to have this kind of success in March, ETH may pass $4,000 by the end Q1.
PepeFork Surges 134% in One Week
PepeFork has seen significant gains during the past week. The project was initially slow to react to recent bull markets, but it has increased 134% in only 7 days.
PepeFork’s value has increased by 10.97% over the past 24 hours. PepeFork’s daily trading volumes have increased by 2.14%. This amounts to $18.31M. Some experts, however, believe that PepeFork represents a high-risk investment.
PepeFork is a meme coin that has been re-branded. It offers no utility. It will therefore only grow during good market trends. PepeFork could crash if market trends are negative.
KangaMoon (KANG) Attracts Global DeFi Attention
KangaMoon became a worldwide sensation in only three presale stages. This innovative altcoin has been making waves in the presale market. Experts predict that its native token is going to surge by 220% during its pre-sale.
KangaMoon combines DeFi features with P2E games. Its goal is to create a vibrant ecosystem where investors are able to build their networks, earn money, and most importantly, have fun.
Users can win prizes by participating in this ecosystem $KANG Engaging with other users can earn you rewards. You can also earn rewards by competing in KangaMoons P2E and completing the challenges. This game features exciting gameplay in which players can fight characters to earn rewards.
KangaMoon’s presale is in its third stage. The native token of KangaMoon, $KANG has recently hit a record high of $0.01125, after the stage 2 sold-out. Investors that purchase $KANG in stage 3 can earn a 10% bonus on their purchase, which allows them to maximize their returns.
Can KangaMoon Topple PepeFork?
KangaMoon is gaining momentum and experts predict that it will overtake PepeFork soon. As the project’s ecosystem grows, experts predict that KangaMoon will be one of top 100 cryptocurrencies by 2024.
Find out about the exciting opportunities of the KangaMoon pre-sale today!
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“This article is not financial advice.”
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Source: blockchainreporter.net