Stacks, Kangamoon and Bonk Holders Are The Big Winners This Week

The post Stacks, Kangamoon and Bonk Holders Are The Big Winners This Week appeared first on Coinpedia Fintech News

The past week has been a huge success for the crypto market. Several projects have seen returns of over 20%, and Bitcoin has passed its $50k resistance level. While many projects saw great returns, BONK, Stacks, and KangaMoon are the big winners.

Each project has hit major milestones and is now expected to make additional gains throughout the rest of February. As a result, investors are buying each project to capitalize on their growth. 

Stacks TVL Surges By 50%

Stacks has been one of the best-performing cryptocurrencies over the last week. The project has seen a price increase of 54%, taking Stacks to $2.41. This is a 694% increase from its value last year, and a sign of its future potential.

Stacks is now on a 9-day winning streak and has become the 19th most traded cryptocurrency, with a daily trading volume of $432 million. Market experts are now closely evaluating Stacks, and believe it could experience further growth following an increase in its total value locked.

In just 3 weeks, Stacks’ TVL has increased by over 50% to $74.7 million. Such growth could push Stacks into the top 20 ranked cryptocurrencies and has attracted thousands of bullish new investors. 

KangaMoon (KANG) Raises $130k

KangaMoon (KANG) has also hit a major milestone over the past week, raising over $130,000 during stage one of its presale. This exciting new project has since attracted hundreds of new investors, and less than 45% of its round 1 presale supply remains.

While KangaMoon has attracted investors for several reasons, it’s been praised for its unique new social-fi approach. KangaMoon looks to build the most active and engaging DeFi community in the world. To achieve this, it will reward players for their interaction. 

Players within the KangaMoon ecosystem will have the opportunity to earn weekly, monthly, and quarterly rewards based on their engagement levels. Furthermore, investors will be able to earn $KANG rewards during the KangaMoon presale by promoting the project and helping it go viral. 

These fantastic opportunities are combined with a P2E game. This game will let players battle characters to earn rewards and $KANG tokens. Rewards can be traded via the KangaMoon marketplace, or sold for additional tokens. 

$KANG tokens are currently selling out fast. They’re selling at $0.005, and are expected to hit a new all-time high once stage one of the KangaMoon presale sells out. 

Bonk ($BONK) Surges 29% But Still Remains In The Red

Bonk has experienced significant growth over the last week, increasing in value by 29.96%. This has helped to attract new investors to the meme coin, however, its value still remains in the red. Over the last 30 days, Bonk’s price has fallen by 12%, making Bonk one of the markets worst performing meme coins.

Bonk’s trading volume has also failed to increase. This suggests that investors may have lost confidence in the meme coin, and as a result, new projects like KangaMoon could be stronger investments than Bonk going into 2024. 

Can KangaMoon Penetrate The DeFi Market?

Having already passed a major milestone, KangaMoon is quickly gaining momentum. Its first presale round is expected to sell out within a fortnight, and experts believe it could hit returns of 220% during its presale. With this in mind, KangaMoon could be a great investment for investors who are thinking long-term.

Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!

Website: https://Kangamoon.com/

Join Telegram Community: https://t.me/Kangamoonofficial