Robinhood’s crypto futures launch set to boost DOGE, BONK, KANG

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The investigation into Robinhood’s cryptocurrency futures trading could impact altcoins such as Dogecoin, Bonk, and KangaMoon, causing a massive price surge.

Robin Hood is Cryptocurrency Futures Trading Although an official launch date has yet to be announced for the US and European markets, the move has already begun to have an impact on the altcoin industry.

As a result, some of the altcoins most likely to surge include Dogecoin (DOGE), Bonk (BONK), and Kangamoon. To understand why this is the case, let’s look at the metrics on each of their charts individually.

DOGE falls 5% but may recover on the back of market enthusiasm

Dogecoin (DOGE) is in a downward price trend on the weekly chart, dropping by 5% during this period. Dogecoin Price The highest price reached $0.1274 while the lowest price was $0.1196.

Currently, Dogecoin needs to break through the major price barrier of $0.13, which will accelerate the growth of the Dogecoin cryptocurrency beyond 2024. As a result, the sentiment is bullish and according to Dogecoin price prediction, 2024 could end at $0.1643.

Bonk could rise 10% to new annual high

BONK has outperformed expectations, rising 10% on the two-week charts on the back of enthusiasm for the meme coin’s future. In the past week alone, Bonk Price It has risen from a low of $0.00002161 to a high of $0.0000267, and if it continues at this pace, it could be on the way to further gains.

The Bonk cryptocurrency is also seeing bullish RSI and MACD data, both of which could encourage further growth. According to Bonk price predictions, it could close at a high of $0.000030 by the end of the year.

Contrary to expectations, Gangamoon will surge in 2024

Kangamoon (Can) has emerged as a disruptive force in the Web3 world. Its blend of Social-Fi capabilities and Play-to-Earn (P2E) gaming represents a paradigm shift in user engagement, empowering everyone to monetize their playtime and fostering strong, vibrant communities based on a sense of belonging within a meticulously crafted ecosystem.

KangaMoon prioritizes maximizing user engagement through a carefully designed environment. Each player can create a character and participate in various in-game elements to earn rewards. This incentive-driven model not only encourages active participation but also cultivates a loyal user base that is expected to grow rapidly upon the game’s official release.

The platform further encourages user engagement by integrating Social-Fi functionality, a strategic implementation that rewards active community members with free tokens and fosters a dynamic online environment.

This focus on community building is likely the reason for its phenomenal growth, with over 32,000 active users already on board. To further enhance user experience, KangaMoon recently Staking Program, which allows users to leverage their KANG holdings to earn additional capital gains.

The token can be tracked on prominent platforms such as CoinGecko and CoinMarketCap and is listed on major exchanges such as Uniswap and BitMart. Additionally, KangaMoon tokens have already seen a 1,900% increase in value since their initial public offering price. Financial analysts remain bullish on KangaMoon’s long-term prospects, predicting a further 100x appreciation in value.

The project recently surpassed a market cap of $100 million, a significant milestone that signals the project’s growing traction. Financial analysts are optimistic about Kanggamoon’s future trajectory, predicting that the market cap could exceed $1 billion by the end of 2024.

Conclusion

Robinhood’s efforts to establish cryptocurrency futures trading could have a positive impact on the broader altcoin market, with both Dogecoin and Bonk likely to experience price upside trends, but most of the attention is on KangaMoon, which has the potential to skyrocket 100x and generate huge ROI for traders who get in early.

To learn more about Kanggamoon, Visit Website and Join our Telegram community.

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