The post Crypto Tony Says Injective Will be Safe for Entry at $31; SHIB Struggles, KangaMoon ICO Raises $4.5M appeared first on Coinpedia Fintech News
It’s another week of altcoin speculations as almost all crypto traders and investors are looking to get their hands on the most promising crypto tokens out there. Amid the frenzy, expert and major trader, Crypto Tony, took to X to announce that when the Injective token hit $31, it will be a good entry point for those interested in it. In response to this, Injective holders are hyped up as a further drop in INJ may signal a great opportunity. On the other hand, while Shiba Inu coin is experiencing a price correction as it struggles with fluctuations, KangaMoon (KANG) is set to lead many top meme coins with the presale breaking records with over $4.5M raised in the 5th stage.
Expert Trader Suggest That Injective’s (INJ) Drop to $31 Is a Good Entry Point
Looking at the yearly trajectory of Injective’s price, it’s safe to say that the token is in a positive position, considering how it is showcasing a 555% rise. However, the price of Injective in the past month has been negative as the token is experiencing a 15.61% decline. This decline brought the price of Injective from above $50 to its current weekly price range of $30.95 and $36.27.
Regardless, Crypto Tony, an expert trader has just mentioned on X recently that Injective token dropping to $31 will provide a good investment opportunity. This past week Injective has regained by 2.85% and based on its recent highs this year, Injective may affirm the opinion of Crypto Tony as it is at or higher price levels this Q2.
KangaMoon (KANG) Sees Increased Traction As Its Presale Revenue Hits $4.5M
The 5th presale stage for KangaMoon (KANG) just recently began with less than 20% of the token allocated for this stage already sold. However, KangaMoon is almost surpassing its predicted $4.5M price mark,with the token holding enough potential to surpass $5M before the end of this week.
Moving on, the main attraction of the KangaMoon project lies in its entertainment-filled and community centric approach. Apart from allowing users earn tokens by engaging in a battle themed gameplay mode, KangaMoon is already fulfilling a community goal by granting both new and existing token holder KANG tokens as they comment and share posts on its social media platforms.
Gathering even more interest in the DeFi market is KangaMoon’s price which has surged by 290% from an initial price of $0.005 to its current $0.0196. This monumental price rise is only a tip of the iceberg as KangaMoon is still predicted to mirror a 1000% rise when it launches on tier-1 exchange platforms.
KangaMoon is holding up over 20,000 registered members currently and is still poised to garner even more adoption to its unique GameFi and SocialFi DeFi ecosystem. KangaMoon’s growth is set to eventually surpass most top meme coins like Shiba Inu and Pepe.
Shiba Inu (SHIB) Experience Price Correction Amid Bearish Pressure
After losing by over 19.49% in the past month, Shiba Inu price now holds in a weekly price range of $0.00002595 and $0.00002917 however, Shiba Inu coin is still 66.7% below its ATH.
While Shiba Inu has done significantly well since the start of the year, the price is still very prone to high rate volatility just as many other meme coins. Currently, Shiba Inu is losing by mere 0.51% this past week, but if current bears subsides a little, Shiba Inu may be able to witness a rebound above its current weekly range.
Explore the thrilling opportunities available in the KangaMoon (KANG) presale today!
Website: https://KangaMoon.com/
Join Telegram Community: https://t.me/KangaMoonofficial
