Notcoin in the spotlight while KangaMoon enjoys bonus sales
The price of the Notcon (NOT) token has dropped significantly since its launch on exchanges.
Kangamun (KANG) is offering a bonus pre-sale phase ahead of its initial CEX listing.
Analysts say the lackluster market for Bitcoin ETFs means Bitcoin prices may see limited upside action in the coming weeks and months.
What does this mean for the newly launched notcoin and could Kanga Moon provide a better investment opportunity?
Notcoin drops after air drop
NotCoin (NOT) is the native token of a touch-to-earn gaming project that plans to bring millions of users to the Web3.
The project went viral when it was first launched on Telegram, and there was a lot of hype ahead of the first trading session this week. Most of this was to list other announcements from top crypto exchanges Binance, OKX and Bybit.
In fact, Notecoin traded at a fully diluted value (FDV) of $1 billion. However, the price did not increase by 67% and is currently trading at $0.006753.
Binance's withdrawal of support for the NOT/BTC pair added pressure to the downside.
However, if the wider gaming ecosystem picks up new traction following the disastrous 2024 scenario, Notcoin is likely to register a good growth. Bitcoin's performance may increase its volatility.
Kanga Moon emerges as a highly meme-inspired cryptocurrency.
The meme coin space has seen some big moves for Solana, BNB Chain and Ethereum meme tokens.
While a few meme coins show great growth potential, most others are poor copies that generate nothing but attention.
Utility distinguishes the Kanga Moon from most other commemorative coins.
As a project, KangaMoon integrates GameFi and Play-To-Earn (P2E). There's also a Social Pay component, meaning users earn more as they connect, share and connect.
When the P2E game launches, the native in-game currency and network reward token will be KANG. Pre-sale participants can get instant access to KANG by participating in challenges and contests – which already boasts a growing community of users.
Is Kanga Moon a better chance?
Kang Moon (KANG) is one of the signs expected to dominate the meme coin market. The project's pre-sale has raised more than $6.7 million so far.
The Kanga Moon smart contract has been audited by Solid Proof and InterFi, this fact increases the confidence crypto enthusiasts and investors are showing in this project.
After lining up in the pre-sale stages, Kanga Moon is now offering those who missed out another chance in the bonus sale round. The current price of KANG at this level is $0.025.
As the limited bonus round sells out quickly, this may be a good time to join the community.
Kang Moon's rigorous audits and team transparency are also positive factors, as is the news that KANG is set to debut a CEX listing on BitMart.
Compared to other meme coins, Kanga Moon's community-driven P2E gaming focus and utility stands out. The project's total supply of 1 billion KANG also means that it has the potential to explode amid market demand.
Investors, however, must consider other market conditions and conditions.
You can learn more about KangaMoon here.
