The cryptocurrency market is currently experiencing a flurry of activity, with NEAR Protocol and Ethereum unveiling new initiatives, and KangaMoon’s presale reaching stage 4, raising over $2.3 million.

As the cryptocurrency market continues to flourish, two key players are dominating the headlines: NEAR Protocol (NEAR) and Ethereum (ETH). At the same time, KangaMoon (KANG) has entered Stage 4 of its presale, managing to gather over $2.3 million in funding so far. Speculation abounds, with some analysts suggesting that this meme coin could potentially reach $1 by 2024.

NEAR Protocol’s Subgraph Support from The Graph: A Game-Changing Development

NEAR Protocol has been turning heads in the crypto sphere lately. A pivotal moment arrived when NEAR Protocol announced that The Graph had incorporated subgraph support for its network. This integration has paved the way for NEAR developers to access a decentralized network that offers cost-saving advantages.

This breakthrough for NEAR Protocol could spur a surge in the value of this crypto asset. Over the past 30 days, NEAR’s value has leaped from $3.40 to $6.52, and its market capitalization has soared from $3.56 billion to $6.86 billion during that period. Furthermore, NEAR Protocol’s crypto trades have been consistently above their 50- and 100-day Exponential Moving Averages (EMAs). Experts are optimistic about NEAR hitting $8.26 by the second quarter of 2024.

Fidelity Enhances Ethereum ETF Application with Staking Integration

In a notable development for Ethereum, Fidelity has integrated staking into its Ethereum ETF application. Through a recent 19b-4 amendment submission, Fidelity has indicated its intention to stake a portion of the ETF’s assets through staking providers once regulatory approval is obtained.

Ethereum’s value has witnessed a notable upswing, climbing from $2,819 to $3,281 in the past month alone. Its market capitalization has surged from $335 billion to $393 billion during this timeframe. With a series of bullish indicators, including 19 green technical signals, Ethereum appears poised for a bright future. Analysts foresee ETH rising to $4,560 by the second quarter of 2024.

KangaMoon’s Presale Advances to Stage 4: A Rising Star in the Making

Amid the excitement surrounding NEAR Protocol and Ethereum, KangaMoon (KANG) is emerging as a promising contender. As it progresses to Stage 4 of its presale, early investors have enjoyed a remarkable 180% return on investment. Additionally, KangaMoon is on track to raise $3 million by the end of March 2024.

KANG is designed with a community-centric approach and boasts intriguing features. Notably, KANG will serve as the in-game currency for KangaMoon’s upcoming Play-to-Earn (P2E) game, enabling users to purchase in-game items and enhance their characters.

Currently priced at $0.014 in Stage 4 of its presale, KANG is poised for further price increases as the presale progresses. Market analysts predict a rise to $1 once a Tier-1 Centralized Exchange (CEX) lists this meme coin in the second quarter of 2024. Given the projected growth of the P2E games market to $885 million by 2028, this price projection appears feasible.

Investors can acquire free KANG tokens during the ongoing presale by actively participating in the community. KangaMoon incentivizes engagement by rewarding users who engage with and share social media content related to KANG with complimentary tokens.

For more information, visit the Kangamoon website or join their telegram community.

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