Monat: April 2024

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New Solana memecoin, BabyMona, launched as long-awaited successor to MonaCoin

In a surprise announcement on their official X (Twitter) account, the team behind BabyMona, the long-awaited successor to the legacy of MonaCoin (the “Japanese Dogecoin” and second-oldest memecoin), has declared the arrival of $BYMONA.

Plans to Revolutionize the Crypto Landscape

After a period of continuous development, the launch of BabyMona has stirred up a lot of interest within the memecoin community. 

This project, built upon the legacy of MonaCoin, aims to revolutionize the crypto landscape with its playful spirit and community-driven approach.

Beyond the undeniable cuteness of the ASCII art mascot, BabyMona offers a compelling vision for the future of memecoins. 

Built on the secure and efficient Solana blockchain, BabyMona promises a smooth user experience alongside its undeniable charm. 

Notably, the project heavily emphasizes community involvement, rallying passionate crypto enthusiasts and cat lovers alike to form the #BabyMonaArmy. This focus on a strong user base suggests the project is aiming for long-term success beyond the typical memecoin hype.

With its widely communicated vision of empowering the underdog and rewriting the script of the crypto world, BabyMona has captured the attention of many.

Simple Tokenomics for a Strong Foundation

BabyMona maintains simplicity in its tokenomics to uphold project transparency and nurture trust within the community. 

With a total supply of 1 billion $BYMONA tokens, a substantial portion (70%) is dedicated to liquidity, ensuring a strong and stable user marketplace. 

Additionally, 15% of the tokens are reserved for marketing initiatives, enabling BabyMona to expand its reach and cultivate a thriving community.

A further 10% is set aside for potential listings on centralized exchanges (CEXs), which could significantly enhance accessibility and trading volume for $BYMONA. 

And last but not least, the BabyMona team has reserved a fair 5% of the tokens for themselves, showcasing their dedication to the project’s long-term success and alignment with the community’s interests.

$BYMONA was Audited by Coinscope

Understanding the significance of user trust, BabyMona underwent a thorough examination by Coinscope, a trusted third-party firm renowned for its expertise in blockchain security assessments. 

The audit yielded positive results, providing assurance to potential investors and emphasizing the project’s commitment to fair and open practices.

As the project continues to develop, it will be fascinating to see if the adorable cat coin can claw its way to the top of the memecoin hierarchy and establish a truly revolutionary presence in the crypto landscape.

About BabyMona

BabyMona is a new crypto project that aspires to be more than just another meme coin. 

Utilizing the secure and efficient Solana blockchain, the project prioritizes a smooth user experience. 

Through initiatives like the #BabyMonaArmy, BabyMona aims to foster a passionate user base that actively participates in the project’s growth and development.

Remember that $BYMONA is a meme coin and should be considered for entertainment purposes only. It has no intrinsic value and carries no expectation of financial return. There is no formal team or roadmap associated with the project.

Stay Connected

BabyMona is on a mission to revolutionize the memecoin space by empowering its community and challenging the status quo. With its adorable mascot, and strong community focus, BabyMona is poised to become a major player in the memecoin world. 

But to achieve this, the project needs you, so ensure that you stay connected with their official website by following them on X (Twitter) and Telegram.

The post New Solana memecoin, BabyMona, launched as long-awaited successor to MonaCoin appeared first on CoinJournal.

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Cardano (ADA) bullish as investors flock to KangaMoon (KANG) in final presale stage

  • Analyst shares bullish Cardano (ADA) outlook as KangaMoon (KANG) gets investor attention.
  • Cardano price could rally to $1.70 amid anticipated bounce for Bitcoin (BTC).
  • KangaMoon (KANG) offers a potential investment opportunity with its presale currently in stage 5.

Cardano (ADA) is down 4% in the past 24 hours and more than -20% in the past month. However, an analyst has shared a bullish outlook for ADA, noting the coin’s current consolidation.

Meanwhile, investors eyeing new gains are also taking position with KangaMoon (KANG), a new project exciting the market for its unique blend of SocialFi and play-to-earn (P2E).

What’s the outlook for Cardano? Analyst shares potential buy scenario

Cardano has declined nearly 22% in the past month and is currently hovering around $0.58, about 4% down on the day. This comes as ADA struggles since mid-March when it traded above $0.8, have pushed it towards a critical support area.

Grayscale recently updated its digital large cap fund and dropped ADA. Cardano is also currently out of the top 10 cryptocurrencies by market cap after Toncoin (TON) flipped it amid a massive surge earlier this week.

Despite this, the 11th ranked cryptocurrency is up close to 50% in the past year. Crypto analyst Ali posted a bullish scenario for Cardano on X.

“Nothing has really changed for #Cardano. $ADA is exactly where it should be, consolidating in the $0.55 to $0.80 range before a breakout to $1.70!,” the analyst opined.

Ali says ADA could swing to $5 if a breakout above $1.70 follows, which suggests this might be a good time to buy the altcoin.

KangaMoon’s attracts investors in final presale stage

As investors take a look at current market scenarios, scouring the space for investment opportunities, one project that’s standing out is KangaMoon.

While the new project combines the strength of SocialFi and play-to-earn (P2E), it also takes a lead among emerging utility-focused meme tokens. KangaMoon thus brings the best of GameFi, meme coins and community-driven crypto to the market.

KangaMoon takes a fun-filled crypto environment and adds to it a huge earning incentive – creating a platform where token holders can interact, compete and earn. KANG holders can earn with the tokens right away by participating in contests and challenges. Holders don’t need to wait for launch to start earning.

It’s this outlook that has the crypto community looking to position with KANG ahead of the project’s launch and listing on exchanges. 

KangaMoon is now in its final presale stage.

Is KangaMoon a good investment opportunity today?

The native token KANG is an Ethereum ERC-20-based token with a total supply of 1 billion. The whitepaper outlines that 60% of the supply is available to early birds during the presale.

One notable fact about Kangamoon’s tokenomics is that there’s no buy or sell tax on KANG tokens, which means no extra fees.

Coupled with exclusive bonuses for early buyers, KangaMoon’s remarkable presale performance has already seen it surpass the $4.5 million mark. The excitement around it could see the current stage 5 presale phase fly by, pushing the total amount raised past $5 million as the thriving market buoyed investors.

This outlook could get fresh impetus in coming weeks as Hong Kong gears for the launch of its first spot Bitcoin ETFs. Reports around this development on Wednesday have helped flip BTC green and could see the top crypto reclaim the $70k mark.

A rallying market combined with all the positive features of KangaMoon highlight a scenario where KANG at current presale price of $0.0196 could be a massive bargain.

Do you want to learn more about KangaMoon and its potential opportunity?  Visit the project’s presale page.

The post Cardano (ADA) bullish as investors flock to KangaMoon (KANG) in final presale stage appeared first on CoinJournal.

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SAGA token price prediction; Bitbot follows in its footsteps

  • Saga Protocol sees surge post-mainnet launch with SAGA token trading volumes surpassing $1 billion.
  • Binance expands support for the SAGA token across multiple products, boosting accessibility and liquidity.
  • Bitbot’s $BITBOT presale raises over $2 million, with tokens currently priced at $0.0148.

In recent months, the cryptocurrency market has witnessed significant developments with the emergence of groundbreaking projects like Saga Protocol and Bitbot.

These initiatives are reshaping the landscape of blockchain technology and trading, offering innovative solutions to users worldwide.

350+ projects already integrated on Saga

Since the launch of its mainnet on April 9, Saga Protocol has demonstrated remarkable performance within the blockchain ecosystem.

With its focus on supporting various applications, especially in gaming, Saga has attracted widespread attention from both developers and investors.

The protocol’s mainnet debut saw the integration of over 350 projects, highlighting its potential to revolutionize decentralized applications.

Moreover, Saga’s strategic partnerships with industry leaders such as Polygon and Avalanche further solidify its position as a frontrunner in the blockchain space.

Binance lists SAGA token on multiple products

Binance, the world’s largest cryptocurrency exchange, has recently expanded its support for Saga across multiple products.

By listing Saga on various platforms including Binance Earn, Convert, Margin, and Futures, Binance aims to provide its vast user base with seamless access to Saga’s ecosystem and trading functionalities.

This move underscores Binance’s recognition of Saga’s potential and its commitment to offering innovative opportunities to users.

SAGA token price prediction

The SAGA token has witnessed an impressive 30% surge in price backed by over $1 billion in trading volume since its debut.

The token debuted at $5.71 and has hit an all-time high (ATH) of $7.89. The token has seen extraordinary trading volumes and a surge in Futures Open Interest (OI), indicating robust market demand and investor confidence.

Analysts project continued price appreciation, with targets set at $8.00 and $10.00.

As investors eye potential gains, the SAGA token remains poised for further upside, supported by strong market fundamentals and increasing demand.

Bitbot: revolutionizing trading:

As Saga Protocol and its native token SAGA make waves within the crypto space, Bitbot, a non-custodial Telegram trading bot, is also attracting investors’ attention as it revolutionizes the trading landscape with its institutional-grade tools and secure platform.

By integrating with self-custodial wallets and employing advanced security measures like KnightSafe, Bitbot ensures the safety of users’ assets while providing access to sophisticated trading functionalities.

At the heart of the Bitbot project lies its native token $BITBOT, which is an integral part of Bitbot’s platform. It offers holders exclusive benefits such as revenue sharing and governance participation.

The $BITBOT token is currently in the presale stage and it has garnered significant traction, raising over $2.1 million to date.

With the current price of $0.0148 per $BITBOT token, investors have the opportunity to participate in Bitbot’s growth journey at a favourable entry point. As Bitbot progresses through its presale stages, investors can expect incremental price increases, reflecting the project’s expanding reach and market potential. For instance, in the next presale stage, the price is expected to rise to $0.0155.

To participate in the $BITBOT presale, visit the official Bitbot presale website.

Conclusion

Saga Protocol and Bitbot represent two innovative ventures driving forward the evolution of blockchain technology and trading.

With their disruptive capabilities and commitment to delivering value to users, these projects are poised to shape the future of decentralized finance and trading ecosystems and are potential opportunities for crypto investors.

The post SAGA token price prediction; Bitbot follows in its footsteps appeared first on CoinJournal.