Dogecoin (DOGE), THORChain (RUNE), and Kangamoon (KANG) – are tokens that could experience growth if a Bitcoin ETF gets the green light. As buyers await this regulatory milestone, this article will take a closer look at these three cryptos that have made headlines recently.
Summary
- Dogecoin price prediction
- MetaMask adds support for THORChain
- Kangamoon to dominate the multi-million dollar P2E market
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What you'll learn 👉
Dogecoin (DOGE): The Underdog with Potential
Once dismissed as a joke, Dogecoin (DOGE) has defied expectations and established itself as a legitimate player in crypto. A Bitcoin ETF approval would bring mainstream attention to the cryptocurrency market. In fact, as one of the most recognizable cryptocurrencies, Dogecoin could enjoy this influx of new buyers seeking alternative assets.
Additionally, Dogecoin’s low price makes it accessible to many investors, including those with limited funds. Therefore, this affordability factor could attract retail investors looking to diversify their portfolios beyond Bitcoin.
Due to all these reasons, experts remain confident that the Dogecoin value will continue rising after a Bitcoin ETF approval. As a matter of fact, they foresee the Dogecoin price surging to $0.098 within Q4 of 2023.
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THORChain (RUNE): Now Compatible with MetaMask
THORChain (RUNE) is another token that could thrive after a Bitcoin ETF approval. To clarify, approving a Bitcoin ETF could lead to a large influx of liquidity into the cryptocurrency market. Thus, THORChain’s unique decentralized liquidity pools for seamless asset swaps position it well to enjoy increased trading activity.
In recent THORChain news, MetaMask announced it will add support for THORChain. This marked a significant milestone, bringing THORChain closer to unlocking its full potential. Metamask boasts over 30M users worldwide and ranks among the most popular crypto self-custody wallets.
Integrating THORChain with Metamask opens up an exciting new avenue for users to engage in decentralized asset swaps. As a result, market analysts predict the THORChain price will sit between $1.05 and $1.19 by December 2023.
Kangamoon (KANG): A Future Star in the Meme Coin Universe
Kangamoon (KANG) is an emerging meme coin with a twist – it’s designed to incorporate Play-to-Earn elements. According to a Market Research Report, the P2E games market will exceed a value of $8856.95M by 2028. Kangamoon aims to tap into 1% of it, which could generate millions.
Kangamoon is positioning itself as a top-tier play-to-earn platform. Players take on the persona of Kangamoon, a charismatic kangaroo with a love for boxing. But it’s not about fun and games. It will allow players to monetize their gaming time. This innovative approach could alter how gamers interact with blockchain technology.
The rise of NFTs and blockchain gaming has ushered in a new era of digital asset-powered economies. Kangamoon embraces this trend by allowing players to earn virtual currency and rare in-game items by battling other players.
With the native token KANG having a value of just $0.005 and analysts predicting large growth, Kangamoon could be on the cusp of something extraordinary. In fact, they forecast a 22x pump before the end of its presale. Not only that, if a Bitcoin ETF is approved, the influx of new traders could result in higher Kangamoon demand.
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