Scott Melker recently discussed the potential price movements of various cryptocurrencies. He specifically mentioned Ethereum, suggesting that it might reach $8K this year. Additionally, a new meme coin called KangaMoon (KANG) is quickly selling out its presale phases, with over 70% already sold. Cardano (ADA) is experiencing a decline in price, but there are hopes for a rebound.

Ethereum (ETH) Price Analysis

The outlook for Ethereum appears positive as Scott Melker's speculation has generated interest among token holders. Despite a recent drop in price, Ethereum has shown a strong performance in the DeFi market. The token is currently trading in a range of $3,035.20 – $3,281.26.

KangaMoon (KANG) Presale Progress

KangaMoon (KANG) is in its fifth presale stage and is quickly approaching a sell-out before the end of April. The token has seen significant price increases in each presale stage, offering early buyers good returns. The project involves community engagement activities like battle contests and incentives for promoting the project.

Cardano (ADA) Price Decline

Cardano (ADA) has experienced a decline in price recently, dropping by nearly 30% in the past month. The token is currently trading in a range of $0.465 and $0.521. Despite the downturn, Cardano's strong community support remains.

Future of KangaMoon (KANG)

The blockchain gaming market is expected to see significant growth in the next decade, presenting opportunities for projects like KangaMoon. With its unique approach to meme coin gaming metaverse, KangaMoon could remain relevant and contribute to the expanding market.

For more details on the KangaMoon presale, visit their website or join the Telegram community.