Amid the top trends in the crypto altcoin market, Solana (SOL) shuts down its telegram bot after an over $500,000 exploit from a notable breach. On the other hand, Polygon (MATIC) adds another node to its zkEVM scaling protocol. Meanwhile, KangaMoon (KANG) is on course to reach a new milestone with consistent growth as analysts project a 50x price pump after the CEX listing.
What you'll learn 👉
Solana Shuts Down Telegram’s Solareum Trading Bot
Following a security breach that enabled over $500,000 worth of Solana coins stolen, Telegram’s Solareum trading bot will seize operations. It is estimated that over 300 Solana users fell victim to the exploit. Admittedly, the recent surge in failed non-voting transactions on the Solana network resulted from the said trading bot.
With this view, the price of Solana on the weekly charts has plummeted, witnessing over 7% outflows to trade between $196 and $181. Looking at Solana’s price on its monthly charts, it has bounced by an impressive 24%. In any case, Solana users have expressed dissatisfaction with the overall declining quality of their experience, with some shifting their focus to other upcoming altcoins that have astronomical growth potential.
Polygon’s Onchain Activity Surge after New Node Announcement
Polygon has experienced a surge in on-chain activities following a recent announcement of adding a new node to its zkEVM Mainnet to enhance its performance and sync times. According to a tweet from the Polygon network, integrating the node on Polygon will bring 10x less disc space and 150x faster sync times.
While its on-chain activities have bounced, Polygon’s price on the weekly chart is red, registering outflows of approximately 4% to trade between $0.97 and $0.93. Similarly, the price of Polygon on the monthly chart has also plummeted, witnessing outflows of over 20%. With heightened on-chain activities on the Polygon network, experts have made bullish Polygon price predictions.
KangaMoon (KANG) Emerges As Top Crypto to Invest In
KangaMoon is emerging as the best altcoin to invest in the crypto sphere. For context, KangaMoon has already recorded remarkable performance on the market, with over 20,000 registered users and over 5,800 holders. Impressively, its presale has also raised over $4.5 million and is projected to hit the $5 million mark by the end of April 2024.
Unlike other meme coins, KANG will serve as an in-game currency for Play-to-Earn games on the platform. This aspect has put KangaMoon in a prime position to enter the P2E gaming industry, which is projected to hit $885M by 2028. Moreover, the project plans to get listed on the Tier 1 CEX in Q2. With this view, analysts see KANG value increasing to $0.5 after the listing, then climbing to the $1 mark by the end of 2024.
KangaMoon has captured traders and investors with its community-driven approach. The project will reward active members with free KANG when they engage with KangaMoon’s social media posts.
For $0.0196 per token, now is the best time to invest in the project. Early investors have already recorded a 290% ROI from its initial price of $0.005. Analysts are optimistic about more price spikes for the project, with a potential 100x jump. This makes KANG the best altcoin to watch in 2024.
What Makes KangaMoon More Appealing than Solana and Polygon?
Currently, the market capitalization for KangaMoon stands at $19.6 million, meaning it only needs a few funds to see KANG price explode. That factor alone makes KangaMoon a potentially lucrative bet with faster appreciation than Solana and Polygon. If you’re interested in investing in one of the top crypto coins, sign up for its presale using the links below for a 10% bonus.
Discover the exciting opportunities for the KangaMoon (KANG) Presale today!
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