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ORDI Faces Challenges After 20% Decline, Traders Turn to Dogecoin (DOGE) KangaMoon (KANG)

8 February 2024
in DOGE
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ORDI Faces Challenges After 20% Decline, Traders Turn to Dogecoin (DOGE) KangaMoon (KANG)
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ORDI (ORDI) could soon experience a bullish breakout from the flag pattern, which will signal the end of the correction trend. In addition, Dogecoin (DOGE) as a meme coin has experienced a significant upswing that could propel it to new heights. KangaMoon (KANG) is still getting the most attention with its crypto ICO. It gained attention as its community members can earn while participating in the ecosystem, and it can outshine others. Today, we will go over each project to see how far they can climb.

ORDI (ORDI) Price Suffers 20% – Can It Recover?

ORDI (ORDI) has displayed consolidation moves and has slipped under the trendline support zone. This has revealed that buyers have lost their momentum and have begun squaring off some gains.

The ORDI price saw a total decline of 20%, and it is falling on the charts. However, as of recently, the trend has begun switching towards neutrality, and investor interest in the ORDI crypto has increased. The trading volume also saw a notable jump, which can result in a further price upswing. According to the ORDI price prediction, it can end in 2024 at $91.51.

Dogecoin (DOGE) Is at an Uptrend – Price to Reach $0.1261 by the End of Q4

Dogecoin (DOGE) has seen an upswing during the past trading sessions. The frequent surges in its price have historically made the cryptocurrency volatile, which has made it a favorite meme coin among speculators. The Dogecoin price recently reached the $0.078 support after climbing during the past week.

Since then, the price has retracted back to the 50-day EMA, and buyers are still trying to rebound and show the presence of a bullish momentum for the Dogecoin crypto. If they are successful, according to the Dogecoin price prediction, it can end 2024 at $0.1261.

KangaMoon (KANG) to Establish a Community-Driven Approach and Feature NFTs

KangaMoon (KANG) is an upcoming community-driven meme coin, where any ecosystem participant can earn while engaging with the platform. The objective of the platform is to create the most active meme community and outshine competitors while also creating a fun environment.

This community meme coin will also feature an ecosystem that will include its own merch store, and non-fungible tokens (NFTs). Holders of the native crypto will not be required to wait for the project to launch and can win tokens and prizes even during the presale period. They can take advantage of the unique Social-Fi model and earn extra tokens by competing in weekly, monthly, and quarterly challenges and even special giveaways to earn even more rewards.

Each player earns virtual currency and rare in-game items through completing matches, or participating in special events and completing challenging quests. These items can then be sold and traded in the marketplace. KANG is currently undergoing its ICO, where at Stage 1 it is offered at $0.005. At launch, analysts project an upswing of 100x.

Summary

It’s clear that ORDI is struggling but can regain momentum by the end of the year. In the meantime, Dogecoin is moving upwards, but the KangaMoon crypto has seen the most attention. With its unique approach and community-driven ecosystem, it can dominate the industry in 2024 and beyond.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

Website: https://KangaMoon.com/

Join Our Telegram Community: https://t.me/KangaMoonofficial

 

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