Bitwise Applies for Ethereum (ETH) ETF – Maker (MKR) and KangaMoon (KANG) Display Bullish Metrics
(NewsDirect)
Despite regulatory challenges, Bitwise Asset Management has
taken a major step forward in the cryptocurrency market by applying to
an Ethereum (ETH) Exchange-Traded Fund (ETF). However, the
Bitwise
CIO Matt Hougan
argued that the SEC should delay the approval
until December. As a result, traders and investors are now moving
their attention towards Maker (MKR) and KangaMoon (KANG), which are
displaying bullish on-chart metrics. By the end, we will see why these
are the best crypto to invest in.
Ethereum (ETH) Grows
Following ETF Proposal – Price to Reach Over $5,000 Soon
Bitwise is the latest
asset management firm that has taken a step towards entering the
crypto market, through applying for an Ethereum (ETH) ETF. The total
year-to-date (YTD) climb for the crypto was at 83.3%.
Moreover, during the
past week, the
Ethereum price
also
witnessed a significant uptrend where it went from a low
point at $3,315.21 to a maximum value of $3,647.24. As a result,
sentiment is bullish on its future of the Ethereum crypto, as many are
projecting that it can spike to over $4,000 by Q4. However, according
to the Ethereum price prediction, it can end 2024 at
$5,407.
Maker (MKR) Grows 445.4%- Price to Reach $5,850 by Q4,
2024
Maker (MKR)
has also experienced substantial gains in its value, with a
year-to-date (YTD) climb of 445.4%. Moreover, during the past 30 days,
the total
Maker
price
increase was by 82.7%.
During the previous week, the Maker crypto also
substantially spiked in value, where it went from a low point of
$3,153.90 to a maximum value at $4,021.57, cementing it as one of the
largest industry players. According to the Maker price prediction, the
crypto can go well above the $4,000 price point, and can reach $5,850
by Q4, 2024.
KangaMoon (KANG) Reaches Stage 5 of Presale –
Price to Surge 5,000%
KangaMoon
(KANG)
has experienced a remarkable level of growth and this can be
attributed to its unique and rich feature-set that includes Social-Fi
elements, Play-to-Earn (P2E) features and a community-driven approach.
Moreover, the cryptocurrency can be used within its vast ecosystem in
various ways. For example, players can earn it by battling one another
or engaging in tournaments. By doing so they can then earn rewards.
These come in the form of NFTs or KANG tokens. Any rare NFTs gained
can then be sold or traded within the dedicated marketplace which is
also a part of the platform.
Recently, KangaMoon reached a major milestone as it
entered Stage 5 of its presale, where its value spiked up 290%, as it
increased from a starting value of $0.005 to $0.0196. Moreover, the
crypto ICO also raised $4 million and can raise over $5 million by the
end of the month. These aspects position KANG as one of the best new
cryptos to buy into in 2024 and beyond, as it can spike 5,000% based
on the latest projections.
Summary
Ethereum is getting a
lot of attention due to news surrounding its upcoming ETF, and as more
companies jump on the project. Its clear however that its not the only
one to see growth, as while Maker is bullish, KangaMoon can see the
most drastic price increase in the upcoming trading sessions. These
aspects make KANG one of the best crypto to invest in.
Discover the
Exciting Opportunities of the KangaMoon (KANG) Presale
Today!
Website:
https://KangaMoon.com/
Join Our Telegram
Community:
https://t.me/KangaMoonofficial
Integrating
GameFi and Play To EarnEmbark on your quest for glory. Assemble your
champions, engage in epic battles or bet on your favorite fighters to
earn $KANG tokens and exclusive rewards. Gain control of rare NFTs,
unlock exclusive content and build alliances with fellow gamers as you
ascend the ranks and leaderboards.
Disclaimer: The following
disclaimer is important to read and understand before engaging with
Kangamoon, a play-to-earn meme coin. By accessing or participating in
any activities related to Kangamoon, you acknowledge and accept the
terms outlined below:
1 No Financial Advice: This whitepaper
and any associated content do not constitute financial advice,
investment recommendations, or solicitation to purchase Kangamoon
tokens. The information provided is for informational purposes only.
It is your responsibility to conduct thorough research and seek
professional advice before making any financial decisions.
2
Volatility and Risks: Cryptocurrencies, including Kangamoon, are
volatile and subject to significant price fluctuations. Investing in
or holding Kangamoon tokens involves substantial risks, including the
possibility of total loss. Past performance is not indicative of
future results.
3 Regulatory Compliance: The regulatory
environment surrounding cryptocurrencies is evolving and varies across
jurisdictions. It is your responsibility to ensure compliance with
applicable laws and regulations in your country or region before
engaging with Kangamoon.
4 Uncertain Market: The market for
meme coins and play-to-earn platforms is highly speculative and
subject to rapid changes. There is no guarantee of market demand,
liquidity, or utility for Kangamoon tokens. Token values may fluctuate
drastically and may not reflect the intrinsic value of the project.
By continuing to engage with Kangamoon, you acknowledge and
accept the risks and limitations outlined in this disclaimer. You
should only participate if you fully understand and are willing to
assume these risks.
Contact
Details
Kangamoon
Company
Website
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