The NEAR Protocol is experiencing a significant price increase, positioning itself as one of the top gainers in the market, driven by the anticipation surrounding Bitcoin's impending halving event. On the other hand, KangaMoon, a new token, has garnered substantial attention in its presale phase, with over $4.9 million raised.

KangaMoon Project Details

KangaMoon distinguishes itself by merging play-to-earn gaming and socialFi concepts. The project, rooted in community involvement, incorporates meme culture, enabling users to engage, play, and earn KANG tokens and other exclusive rewards. Furthermore, KangaMoon offers access to rare NFTs and exclusive games through its "Kangaverse" ecosystem.

NEAR Protocol Price Movement

NEAR Protocol's price surged by over 7% recently, defying the negative trend seen in other altcoins. This surge has propelled NEAR above the crucial $5.00 level, which now serves as a significant support level. The positive sentiment surrounding NEAR's decentralized AI and Web3 projects, as showcased at TOKEN2049 Dubai, has contributed to its recent price surge.

KangaMoon Price Forecast

With a total supply of 1 billion KANG tokens, of which 600 million are allocated to presale buyers, KangaMoon's price could witness a rapid increase due to market demand. Currently in the fifth stage of its presale, KANG is priced at $0.0196 with a 10% bonus still available. Early investors have allocated over $4.9 million to KangaMoon, reflecting confidence in its potential dominance in the meme-linked crypto space.

The outcome post-presale will depend on the token's market debut price and overall market conditions. Nevertheless, a positive market trend driven by established tokens like Bitcoin and Ethereum could support KangaMoon's growth potential in the future, positioning it as a project to watch closely in the upcoming months.

Disclaimer: The information provided does not constitute financial advice. It is recommended to conduct independent research or seek professional guidance before making investment decisions.