Bitwise Applies for Ethereum (ETH) ETF – Maker (MKR) and KangaMoon (KANG) Display Bullish Metrics
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April 07, 2024 09:00 AM Central Daylight Time
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/
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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.
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