Solana and Chainlink have experienced significant price fluctuations over the last week. Solana dropped below a support level before surging, while Chainlink met resistance at $20. As a result, both altcoins are being closely monitored by crypto experts.
Meanwhile, KangaMoon continues to hit new milestones. The project has quickly sold out during its first two presale stages, and has now raised over $860,000. Here’s why experts believe it will continue to surge.
After a temporary setback, Solana has regained its upward momentum. It has now passed a critical resistance of $140, increasing by 6.72% in the last 24 hours. However, the recent increase in Solana activity has caused congestion challenges throughout the Solana network.
According to data from DeFiLlama, Solana experienced a dramatic increase in decentralized trading volume from March 3 to March 6. On March 5, this increase broke a record for decentralized Solana activity, passing $2.85 billion.
This activity has caused several congestion issues, though investors remain unphased. Solana’s daily trading volume has remained extremely high at over $5 billion and Solana is now trading at $140.
However, due to congestion Binance announced that it will temporarily suspend Solana withdrawals. This could cause some investors to sell their Solana once lifted, which could trigger a price decline.
In the last week Chainlink (LINK) secured a new partnership with 21Shares. 21Shares is an ETF issuer, and will use Chainlink’s Proof of Reserve technology to add additional transparency to its assets.
Since this development, Chainlink’s price increased by 1.96%, though Chainlink remains down by 1.27% over the last week. This price decline has caused Chainlink’s daily trading volume to plummet by 46% in the last 24 hours, suggesting that investors may have turned bullish.
The KangaMoon presale is gaining international attention throughout its presale. The project has attracted thousands of investors during its first two presale rounds, during which it has raised over $860,000. Having now entered stage three, experts predict that $KANG tokens could soar by 220% during the KangaMoon presale.
Investors are buying KangaMoon tokens due to the project’s unique social-fi features. These features are designed to create a strong DeFi community where users can interact and generate an income while doing so.
Within this ecosystem, users will be able to complete challenges to win $KANG tokens, or they can also compete in a P2E game. This game will let players compete in battles, customize their avatars, and place bets on who they believe will win events.
During its presale, investors will be able to capitalize on buy bonuses. Investors who purchase $KANG during stage 3 will earn a 10% buy bonus on their order.
$KANG tokens are currently trading at $0.01125, and experts believe that could increase for a third time before the end of March.
Having already built strong momentum during its presale, experts have high expectations for KangaMoon. Bullish predictions suggest that KangaMoon could increase 100x once its project launches later this year. As a result, investors are purchasing tokens as early as possible to maximize their potential returns.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Telegram Community: https://t.me/Kangamoonofficial
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