Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • ADOPTION
  • TRADING
  • HACKING
  • SLOT
Crypto Flexs
Home»TRADING NEWS»JPMorgan is struggling to find a catalyst for higher Bitcoin and Ethereum prices: KangaMoon presale is on pace to hit $7 million.
TRADING NEWS

JPMorgan is struggling to find a catalyst for higher Bitcoin and Ethereum prices: KangaMoon presale is on pace to hit $7 million.

By Crypto FlexsMay 13, 20244 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
JPMorgan is struggling to find a catalyst for higher Bitcoin and Ethereum prices: KangaMoon presale is on pace to hit  million.
Share
Facebook Twitter LinkedIn Pinterest Email

index

In the current relief rally, leading cryptocurrency Bitcoin has fallen back to $62,500, while other cryptocurrencies have recorded massive declines. JPMorgan made headlines with its analysis as it maintained a cautious stance on Bitcoin and Ethereum in the near term, suggesting there are no immediate catalysts for a bullish price move. Meanwhile, KangaMoon (KANG) has secured over $6.5 million in revenue funding and could become the next 100x altcoin in 2024.

JPMorgan said Bitcoin will remain weak in the near term.

Wall Street giant JP Morgan has maintained a cautious stance on the cryptocurrency market and indicated that there is no immediate catalyst to trigger a bullish move in the Bitcoin market. The bank is banking on sentiment over the recent Bitcoin ETF outflow and increasing regulatory pressure from the U.S. SEC. Market greed and fear level is 55It reflects a neutral stance.

JPMorgan remains cautious after the Bitcoin price briefly surged due to the launch of an ETF in Hong Kong. In any case, banks are seeing mixed signs about the upside potential of Bitcoin and the market over the long term. Discerning traders can potentially buy the falling Bitcoin cryptocurrency now and reap significant profits in the future. From this perspective, Bitcoin is one of the best cryptocurrencies you can buy right now.

Ethereum price lags BTC. Short-term holders control the market.

After the Bitcoin halving, Ethereum, the second largest cryptocurrency by market capitalization, has performed poorly, showing weak price dynamics in the market. According to Glassnode data, Ethereum’s price is struggling to achieve the capital circulation trend recorded in previous cycles. BTC-ETH price analysis sparked interpretation and interest in cryptocurrency market dynamics.

Ethereum price is in a deeper decline than BTC, showing impending relatively weak performance over the past two years and a lower ETH/BTC ratio. Moreover, Ethereum coin has recently seen a large influx of short-term holders, reflecting the interest of new investors. As the price of Ethereum continues to lag behind Bitcoin, Ark Invest CEO Cathie Wood is optimistic that Ethereum could crush BTC’s market cap in the near future and become the best coin to buy right now.

Kang family pre-sale In ~ Achieved $7 million revenue funding velocity

As Bitcoin and Ethereum continue to explore the market, KangaMoon is strategically positioned for success. Pre-sale gems are experiencing strong market performance and gaining traction in the broader cryptocurrency market. For context, KangaMoon has raised over $6.5 million in revenue funding and achieved an ROI of over 400% in price-value terms.

Additionally, the meme coin project has amassed over 23,000 registered users and over 6,000 holders, proving what an impressive feat KangaMoon is in the market. Essentially, KangaMoon plans to tap into the P2E gaming industry, which is expected to strengthen its value. Meme coins could potentially open up this market to their holders.

The platform will launch a vibrant P2E ecosystem where holders can participate in fun challenges and tournaments and eventually earn rewards and prizes in the form of KANG tokens and rare NFTs. Users can upgrade their Kangaverse characters and purchase in-game characters in the marketplace using KANG tokens.

What’s more interesting is that KANG holders can earn more tokens if they participate to promote the project online. Currently, the Meme Coin project is in pre-sale phase 5 and is selling for $0.025. With a possible Tier-1 CEX listing in the second quarter, experts hint that the price will surge above $1, making KANG the best altcoin to invest in in 2024.

conclusion

KangaMoon has established itself as a top competitor and can compete with existing cryptocurrencies such as Bitcoin and Ethereum. Because the market capitalization is smaller, less money is needed to double its value. Therefore, experts predict that KangaMoon is the best cryptocurrency to buy right now.

Find exciting opportunities. Kang family (Kang) Pre-sale today!

Website: https://kangamoon.com/

Our Kang family Community: https://t.me/kangamoonofficial

Disclaimer: This is a sponsored press release and is provided for informational purposes only. It does not reflect the views of Crypto Daily and is not intended to be used as legal, tax, investment, or financial advice.

Investment Disclaimer

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

It shows a graphite network. Tesla is nothing without trust because Tesla’s Tesla spent $ 150 billion after Musk and Trump’s fallout.

June 7, 2025

XRP price prediction by reducing the volume of RLUSD (RIPPLE USD)

June 7, 2025

Why is the ecosystem of the SEI network boom in the second quarter?

June 6, 2025
Add A Comment

Comments are closed.

Recent Posts

NVIDIA’s GB200 NVL72 and Dynamo improve MoE model performance

June 7, 2025

Despite market volatility

June 7, 2025

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025

It shows a graphite network. Tesla is nothing without trust because Tesla’s Tesla spent $ 150 billion after Musk and Trump’s fallout.

June 7, 2025

The merchant warns that Bitcoin is in ‘cancer price behavior’.

June 7, 2025

Is Bitcoin Price Rally $ 150K by the end of the year?

June 7, 2025

How does it affect Bitcoin?

June 7, 2025

Gala Games introduces a step -by -step approach to founder node staking.

June 7, 2025

AB starts in binance

June 7, 2025

ETF publisher’s latest warning -SEC’s approval process ‘Innovation, AIDS GIANTS’

June 7, 2025

Solana (SOL) introduces Alpenglow for faster blockchain agreement.

June 7, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

NVIDIA’s GB200 NVL72 and Dynamo improve MoE model performance

June 7, 2025

Despite market volatility

June 7, 2025

TEZOS promotes scaling efforts by activating data soluble layers.

June 7, 2025
Most Popular

Uphill Quest — Top Cryptocurrencies Face Significant Obstacles to Regain Peak Prices

February 29, 2024

New meme coin launch $ROCKY defied market trends and surpassed $20 million market capitalization in 3 days.

May 1, 2024

Ethereum lags behind Bitcoin, but bullish momentum turns bullish

September 19, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.