{"id":80222,"date":"2024-06-05T04:02:28","date_gmt":"2024-06-05T08:02:28","guid":{"rendered":"https:\/\/coinscreed.com\/staging\/?p=80222"},"modified":"2024-06-05T04:02:57","modified_gmt":"2024-06-05T08:02:57","slug":"ethena-and-chainlink-gain-traction-as-kangamoon-hits-7-6m","status":"publish","type":"post","link":"https:\/\/coinscreed.com\/staging\/ethena-and-chainlink-gain-traction-as-kangamoon-hits-7-6m\/","title":{"rendered":"Ethena and Chainlink Gain Traction as KangaMoon Hits $7.6M"},"content":{"rendered":"\n

Chainlink sees rapid adoption with 12 integrations in a week, Ethena goes live on Blast, and KangaMoon raises $7.6 million, making them top altcoin investment prospects<\/a>.<\/p>\n\n\n\n

\"Ethena
Ethena and Chainlink Gain Traction as KangaMoon Hits $7.6M<\/figcaption><\/figure>\n\n\n\n

During the past week, 12 integrations of 5 services were adopted across 6 distinct chains, indicating a rapid increase in the adoption rate of Chainlink (LINK). Additionally, Ethena (ETA) declared that it would implement native yield on Blast.<\/p>\n\n\n\n

This integration will lead to increased demand and use-cases; however, it is not the sole factor in the achievement of significant milestones. KangaMoon (KANG) has raised an additional $7.6 million and is on track to surpass even more significant milestones at this rate.<\/p>\n\n\n\n

We will examine each of these altcoins individually in order to determine why they are the most advantageous investments.<\/p>\n\n\n\n

The ecosystem of Chainlink (LINK)<\/a> is expanding at a rapid pace, and its services are being incorporated into other blockchains. In the past week, the Chainlink crypto experienced a 10% increase, which was attributed to the integration of 12 services across 5 series in 6 distinct blockchains, including Aptos, Arbitrum, BNB Chain, Ceclo, Ethereum, and Polygon. This integration has made LINK one of the best altcoins.<\/p>\n\n\n\n

The Chainlink price is currently bullish on the charts, as it has found support at $18. If it can surpass the $20 price barrier, it is on the brink of further gains. The Chainlink price prediction indicates that it may conclude Q4 of 2024 at $26.06.<\/p>\n\n\n\n

A Layer-2 network<\/a> with native yield, Ethena (ETA) was integrated on top of Blast. Consequently, USDe and sUSDE will also be implemented on Thruster LP pools in conjunction with USDB. The utmost Ethena crypto allocation will be granted to both pools, which will include 30x sets, Blast Gold, and Thruster Credits.<\/p>\n\n\n\n

The Ethena price has increased by 10% over the past week and has reached a maximum of $0.98. It has the potential to regain bullish allure if it surpasses $1. The Ethena price prediction indicates that it could reach $1.23 by the end of 2024, further solidifying its status as one of the most promising altcoins.<\/p>\n\n\n\n

KangaMoon (KANG) has been the most dominant cryptocurrency on the rankings, with a 400% increase in value and a presale that has raised over $7.6 million.<\/p>\n\n\n\n

Analysts are currently predicting that the company will surpass $9 million in funding by the end of the month, as its user base has already expanded to more than 32,000, indicating a strong pre-launch community engagement.<\/p>\n\n\n\n

The current Bonus Presale price of $0.025 is an appealing entry point, especially in light of its initial price of $0.005, which has already brought significant ROI to early adopters.<\/p>\n\n\n\n

The primary drivers of this substantial expansion are the distinctive combination of Play-to-Earn (P2E) mechanics and Social-Fi elements, both of which encourage token utilization. KANG is poised for substantial future appreciation as a result of this potent combination.<\/p>\n\n\n\n

Based on analyst projections, the KANG token has the potential to experience a 100x increase in value following its launch and major exchange listings. This is particularly true given that it is already live on CoinMarketCap\r\n \r\n \r\n \r\n <\/g>\r\n \r\n \r\n \r\n <\/clipPath>\r\n <\/defs><\/svg><\/span><\/a> and CoinGecko for price analysis, and a BitMart listing has been confirmed. Consequently, it is one of the most promising altcoins to invest in.<\/p>\n\n\n\n

Ethena and Chainlink are both exhibiting bullishness on their charts, as their ecosystems and services are expanding at a rapid pace. Nevertheless, KangaMoon is a formidable competitor in the constantly changing crypto landscape for those who are interested in the maximum potential return on investment.<\/p>\n","protected":false},"excerpt":{"rendered":"

Chainlink sees rapid adoption with 12 integrations in a week, Ethena goes live on Blast, and KangaMoon raises $7.6 million, making them top altcoin investment prospects. During the past week, 12 integrations of 5 services were adopted across 6 distinct chains, indicating a rapid increase in the adoption rate of Chainlink (LINK). Additionally, Ethena (ETA) […]<\/p>\n","protected":false},"author":36,"featured_media":80226,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21],"tags":[852,18482,19836],"class_list":["post-80222","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-chainlink","tag-ethena","tag-kangamoon"],"jetpack_featured_media_url":"https:\/\/coinscreed.com\/staging\/wp-content\/uploads\/2024\/06\/1_7OiksVq3Be_sCGIHbSWcZQ.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/80222","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/comments?post=80222"}],"version-history":[{"count":0,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/posts\/80222\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media\/80226"}],"wp:attachment":[{"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/media?parent=80222"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/categories?post=80222"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/coinscreed.com\/staging\/wp-json\/wp\/v2\/tags?post=80222"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}