{"id":10185,"date":"2024-05-16T05:50:15","date_gmt":"2024-05-16T05:50:15","guid":{"rendered":"https:\/\/newsbuzz24x7.com\/top-trader-issues-warning-on-worldcoin-is-it-better-to-hold-kangamoon\/"},"modified":"2024-05-16T05:50:15","modified_gmt":"2024-05-16T05:50:15","slug":"top-trader-issues-warning-on-worldcoin-is-it-better-to-hold-kangamoon","status":"publish","type":"post","link":"https:\/\/newsbuzz24x7.com\/top-trader-issues-warning-on-worldcoin-is-it-better-to-hold-kangamoon\/","title":{"rendered":"Top Trader Issues Warning On Worldcoin Is It Better To Hold KangaMoon?"},"content":{"rendered":"
<\/p>\n
While the price of Worldcoin experiences a significant decline alongside the coin\u2019s market cap, a top trader raises concerns over Worldcoin. Moreover, having gained significant public notice due to its SocialFi component, the meme coin KangaMoon is seen by some crypto enthusiasts as a better option to hold. Let\u2019s look into more detail.<\/p>\n
Bybit\u2019s DeFi^2 highlights concerns over Worldcoin through a short-selling analysis. The highlights indicate worries about the projected 50 million daily sell pressure caused by the projected 4% daily inflation of Worldcoin (WLD) supply once VC and team unlocks start in 70 days.<\/p>\n
In the meantime, the Worldcoin price is currently trading at $4.97 per token, down 18.52% over the previous seven days, while the Worldcoin market cap has decreased by 13.2% to $1.065 billion. As a top trader issues warnings on Worldcoin, some holders of the token prefer to diversify their funds into more promising coins.<\/p>\n
KangaMoon (KANG) has gained public notice during this meme coin frenzy with the presale performance. By the end of May 2024, it should generate $8 million, having already surpassed $6.7 million. Furthermore, there are presently more than 20,000 community members and roughly 6,000 KANG holders.<\/p>\n
Capitalizing on the Play-to-Earn (P2E) gaming business, which is projected to bring in $885 million by 2028, is KangaMoon\u2019s main objective. The team plans to create a play-to-earn (P2E) game where players may level up characters and spend KANG on products. KANG will benefit from this evolution more than 99% of other hype-driven memecoins, as it will provide actual utility.<\/p>\n
What sets KangaMoon apart from other ventures is its SocialFi component. Stated differently, KangaMoon is giving away free KANG ahead of launch, contingent on users\u2019 level of activity on its social media platforms, including X and Telegram. Consequently, an enormous number of individuals are flocking to like and share KangaMoon\u2019s postings on social media.<\/p>\n
At the bonus stage of its presale, each KANG is currently valued at $0.025\u2014a 400% increase from its initial worth of $0.005. However, other analysts believe that after it is listed on a Tier-1 CEX in Q2 2024, it might soar 100 times higher. This could only be the beginning. KANG is among the top meme coins to invest in as a result.<\/p>\n
– Advertisement –<\/span><\/p>\n Due to KangaMoon\u2019s still-small market capitalization, pumping the token\u2019s price would be less expensive. Due to its small market capitalization, KANG can shine above Worldcoin even amid a sharp decline in the Worldcoin market cap.<\/p>\n Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!<\/strong><\/p>\n Website<\/strong><\/p>\n Join Our Telegram Community<\/strong><\/p>\n Disclaimer:<\/em><\/strong> This Press release article is provided by the Client. The Client is solely responsible for this page\u2019s content, quality, accuracy, products, advertising, or other materials. Readers should conduct their own research before taking any actions related to the material available on this page. The Crypto Basic is not responsible for the accuracy of info and any damage or loss caused or alleged to be caused by the use of or reliance on any content, goods, or services mentioned in this press release article.<\/em><\/p>\n Please note that The Crypto Basic does not endorse or support any content or product on this page. We strongly advise readers to conduct their own research before acting on any information presented here and assume full responsibility for their decisions. This article should not be considered investment advice.<\/em><\/p>\n Disclaimer<\/strong>: This content is informational and should not be considered financial advice. The views expressed in this article may include the author’s personal opinions and do not reflect The Crypto Basic\u2019s opinion. Readers are encouraged to do thorough research before making any investment decisions. The Crypto Basic is not responsible for any financial losses.<\/p>\n -Advertisement-<\/p>\n<\/div>\n<\/div>\nCan KangaMoon Outshine Worldcoin?<\/h2>\n