As ever, the trajectories of top crypto coins keep changing, and each time, it gives insight into how investors may want to position their investment strategy. Amid one of the myriad price movements that happen to crypto coins in a month, this article analyzes the Render (RNDR) token with its recent bear trend that sees it break its support levels to now trade at its current price.
Similarly, Immutable (IMX) just fell below the $2 mark, having experienced price retracement. Notably, KangaMoon’s (KANG) growing momentum and reputation in the crypto industry has set the project on the part of becoming a meme giant.
KangaMoon (KANG) Soars as Project Raised $5 Million So Far in Presale
KangaMoon (KANG), a rising meme project, is garnering momentum from far and wide as more investors buy into the project. For context, KangaMoon has raised approximately $5 million in just its 5th stage of presale, having seen up to 6,000 traders invest in the project so far. Notably, the token has already generated up to 290% ROI for early investors of the KANG token.
More price gains of about 700% are expected of the KANG token before the end of its presale phase. As such, it will be a good crypto to buy now and position oneself for the potential price surge. Currently, the price of the KANG token is trading at $0.0196. Also, there’s a limited 10% bonus for every presale purchase of the KANG token.
Alternatively, members who engage in KangaMoon’s social media campaigns can also earn the KANG token as a reward for their engagement. On the current trajectory, KANG is towing the path of becoming a meme giant in the industry, making it a good crypto to buy to boost one’s portfolio.
Meanwhile, as a platform, KangaMoon is growing to be one of the biggest meme communities on the blockchain, where meme enthusiasts can socialize with like-minded individuals. Similarly, members can engage in the play-to-earn gaming adventure and earn rewards in the process. Overall, KangaMoon is a revolutionary project for both investment and socialization.
Will Render (RNDR) Price Value Rebound in April?
Render (RNDR) witnessed a significant bear trend in the past month, resulting in the token temporarily going below the $8 mark. As shown in the market stats, Render lost about 24% within the last month.
However, Render has shown recent bullish potential, with the price now trading above $8.2. The token set a new all-time high record of $13.60 in March. Meanwhile, Render’s price has gained 80% since the start of January. In light of these stats, there’s a high chance that Render will rebound to establish support above the $10 mark before the end of April, making it one of the top crypto coins to watch out for in May.
Immutable (IMX) Falls Below the $2 Support Level
The price value of Immutable has had a steep fall from a year-high price value of $3.6 to now hovering around the $2 mark, as per market stats. With Immutable’s 24% loss within the last month, it defined a bear sentiment for the token.
However, Immutable’s price may be triggering a rebound, given the marginal growth in the token’s trading volume. Also, Immutable’s decline in its market cap has seen a rebound. With these key market indicators showcasing positive signals, a rally for Immutable may likely be around the corner.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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Disclaimer: The information provided in this article is for educational and informational purposes only. It is not intended as financial advice. Readers are encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. Cryptocurrency investments are inherently risky and past performance is not indicative of future results. NewsWatchTV.com does not endorse or recommend any specific investment.
