KangaMoon enters CEX listings, competition escalates with Maker DAO and Aave

Rivalry
between
Maker
DAO
and
Aave
intensifies,
and
KangaMoon
announces
its
new
centralized
exchange
listing.

The
previous
gloominess
that
took
the
crypto
market
by
storm
is
starting
to
fade
as
we
experience
new
upgrades
and
developments
from
several
altcoins
in
the
market,
including
the
likes
of
Aave
and
MakerDAO.
While
Aave
coin
qualifies
for
possible
price
hike
this
year
due
to
Aave
protocol
upgrade,
MakerDAO
rivals
the
token
with
its
stablecoin
upgrade
that
focuses
on
growth.
On
the
other
hand,
top
crypto
investors
are
considering
diving
into
the
memecoin
market
now
that
KangaMoon
(KANG)
memecoin
has
announced
its
upcoming
listing
with
BitMart
exchange
platform.

Maker
token
to
benefit
from
MakerDAO’s
stablecoin
launch

The
governing
body
behind
the
Maker
Protocol,
MakerDAO,
is
introducing
two
new
stablecoins
that
will
replace
DAI
(its
initial
stablecoin).
This
new
stablecoins
namely
PureDai
and
NewStable
signal
as
a
new
development
for
Maker
token,
by
enabling
better
community
involvement.

In
the
announcement,
it
was
revealed
that
the
PureDai
stablecoin
will
use
only
decentralized
assets
like
Ethereum
while
NewStable
will
focus
on
regulatory
compliance
and
mass-market
adoption
with
a
USD
peg
and
real-world
asset
backing.
In
addition,
holders
of
Maker
token
will
now
be
able
to
upgrade
to
NewGovToken
(a
new
governance
token)
at
a
1:24,000
ratio,
potentially
boosting
the
value
and
stability
of

MKR
token.

Aave
token
could
outperform
top
altcoins
with
protocol
upgrade

Following
recents
updates
from
Aave
social
media
platforms,
the
crypto
network
has
made
plans
to
improve
its
DeFi
market
lending
protocol
with
Aave
V4.
This
upgrade
is
expected
to
make
Aave
protocol
more
flexible,
reduce
the
need
for
governance,
and
make
better
use
of
capital. 

These
upcoming
Aave
developments
can
potentially
benefit
the
Aave
token
by
improving
the
protocol’s
capabilities
and
efficiency.
The
enhanced
capital
efficiency,
risk
management,
and
scalability
could
significantly
bolster
the
utility
and
demand
of
Aave
token.
As
Aave
Labs
solidifies
its
protocol
as
a
key
solution
in
the
DeFi
market,
these
developments
could
attract
more
investors
to
the

Aave
token.

KangaMoon
announces
CEX
listing 

KangaMoon
is
a
new
memecoin
that
has
gained
popularity
in
the
memecoin
market
and
is
expected
to
see
more
attention
and
traction
now
that
it
has
announced
its
first
listing.
In
an
X
post,
KangaMoon
specifically
informed
its
supporters
that
its
KANG
token
will
be
listed
on
BitMart
soon,
which
has
sparked
considerable
interest
from
the
investor
market.

So
far,
KangaMoon
has
raised
over
$6.8M
in
presale
revenue
and
attracted
over
23,000
community
members,
consisting
of
6,000
plus
token
holders.
Meanwhile,
there
are
predictions
that
it
could
possibly
raise
over
$8M
by
the
time
it
launches.
Given
the
projected
growth
of
the
GameFi
market,
estimated
to
reach
$8.86
billion
by
2028,
the
long-term
potential
appears
more
promising. 

Meanwhile,
KangaMoon’s
gameplay
strengthens
its
stance
as
one
of
the
memecoins
gaining
traction.
The
main
appeal
lies
in
its
unique
native
token;
KANG.
With
the
KANG
token,
users
can
buy
in-game
items
and
improve
their
gameplay.
In
addition,
KangaMoon
rewards
KANG
holders
with
exclusive
challenges
even
during
its
presale.
These
challenges
only
require
holders
to
share
and
comment
on
KangaMoon’s
posts. 

Also,
while
at
its
bonus
stage
now,
the
token’s
value
has
risen
significantly
to
$0.025
from
$0.005,
delivering
early
investors
with
up
to
400%
return
for
their
investment.
It
is
anticipated
that
the
token
could
experience
a
1000%
surge
after
BitMart
listing.
Eventually,
it
could
become
the
leading
crypto
for
GameFi
gains
this
year.

KangaMoon
challenges
MKR
and
AAVE
in
the
altcoin
market

After
its
presale
performances,
KangaMoon
anticipated
listing
on
Bitmart
exchange
further
highlights
its
potential
to
live
up
to
expectations.
This
includes
hitting
the
$1
price
mark
before
the
end
of
the
year,
potentially
ranking
it
among
other
leading
crypto
coins
like
MakerDAO
and
Aave
tokens.

To
learn
more,
visit
the
official

Kangamoon
website
or
follow
the
project
via

Telegram.