Trump’s Campaign Crypto Donation Steers Reaction: Traders Look To These DeFi Tokens For Huge Gains

The post Trump’s Campaign Crypto Donation Steers Reaction: Traders Look To These DeFi Tokens For Huge Gains appeared first on Coinpedia Fintech News

With the US elections on the horizon, former president Donald Trump has embraced the current crypto trend by accepting cryptocurrency contributions for his current campaign. This move highlights the growing mainstream acceptance of cryptocurrencies around the world. 

As the campaign gears up, DeFi tokens like Avalanche (AVAX), Celestia (TIA), Stacks (STX), and Uniswap (UNI) are attracting the attention of traders in the crypto market. Aside from these, new market entrant –KangaMoon (KANG) has wowed many traders with an impressive presale performance. Let’s take a look at these tokens. 

KangaMoon (KANG) Touted For Success After Recording Over $7.5M in Presale Revenue

KangaMoon (KANG) has continued to make waves in the crypto market after raising over $7.5M in presale revenue. Currently in its bonus stage, the token has seen an influx of traders and crypto enthusiasts into its network, suggesting the acceptance and growing appeal for the dual-niched network. By merging both GameFi and SocialFi elements, KangaMoon aims to create a sustainable environment for users to thrive and earn without much hassle.

Notably, KangaMoon’s upcoming “Kangaverse” platform leverages a unique Play-to-Earn mechanism to provides an opportunity for traders and users to earn. Here, participants can engage in different activities such as battle-themed contests, speculative betting, trading in-game assets, and participating in special giveaways, in order to earn rewards usually in the form of the network’s native token, $KANG, and other valuable items.  

Given its impressive run throughout the presale phases, KangaMoon currently boasts over 32,000 registered members consisting of about 10,000 token holders. Aside from this, KangaMoon has recently secured a partnership with RaidSharkBot, in a bid to boost its community engagement and market reach, and ultimately spread its tentacles in the DeFi market and beyond. 

While KangaMoon is currently in its bonus presale stage, the native KANG token has enjoyed major price ascent. As such, the platform has rewarded early buyers of the KANG token with over 400% in profits after its price increased from $0.005 at the start of its presale to $0.025 in the current stage. As the token continues to witness more growth, now presents a good entry point for potential buyers, especially as analysts predict it to soar above the likes of Dogecoin and Shiba Inu.

Avalanche Token Sees Monthly Surge As Analysts Eye $50 Mark

Known as one of the top DeFi tokens in the market, Avalanche (AVAX) has exhibited a rather impressive performance despite the recent bear run. In the last year, the Avalanche token recorded a surge of over 150%, highlighting its resilience in the face of the market bears. 

Riding on the trail of this success, the native AVAX token also recorded a slight price surge of 5% in the last month. This unprecedented price increase came with a lot of attention with traders and crypto enthusiasts looking to ride the wave. Its current trajectory further suggests an incoming wave, with analysts projecting AVAX price to reach $50 very soon.

Avalanche’s impressive features and unique roadmap have contributed to its rise to prominence. Its platform provides DeFi solutions such as scalability, security, and transparency for users to trade without hassle. Currently, Avalanche boasts a market cap of over $14B, with market experts expecting it to increase in the coming weeks. 

Uniswap Price Set To Recover Following 37% Monthly Surge

Uniswap (UNI) has time and again shown its dominating nature in the DeFi market, especially after a 100% surge in the last year. This surge was followed by a monthly rise of over 36%, highlighting a comeback for the UNI token. Despite the recent bear trend and market volatility, Uniswap has demonstrated resilience, making it one of the top cryptocurrencies in the DeFi world. 

With a focus on ensuring a comfortable trading experience for users, Uniswap deploys a complex algorithm on its network. It provides top-notch DeFi solutions, aiming to create a comfortable platform for users to trade transparently and securely. This has increased its appeal in the market, which is evident in its rising trading volume and growing trader interest. Following its recent surge, analysts have projected the token to rise and perhaps make a complete recovery, mirroring its past success.

Stacks Token Looks To Struggle Despite Previous Yearly High

Since its launch in 2017, Stacks (STX) has slowly but steadily risen to prominence. Its open-source blockchain network has been a breath of fresh air for the Bitcoin network as it allows smart contracts to be built on it. Aside from this, Stacks is known for its emphasis on scalability and asset security, making it one of the top DeFi tokens in the market.

Although Stacks has had a string of impressive performances, with the token recording a 200% rise in the last year, it succumbed to the volatility of the market, witnessing a decline of about 17% in the last month. This drop is reflected in Stacks’s declining trading volume and traders waning interest in the token. However, the optimism surrounding Stacks remains strong, with market experts using its previous performance as a reference point. 

Analysts Highly Bullish On Celestia Token As It Looks To Approach ATH

Following its amazing performance in the DeFi market, Celestia (TIA) is known to be a fast-rising DeFi token. In the last year, the TIA token has looked to impress, rising over 400%. This was followed by a 15% rise in the last month, highlighting Celestia’s commitment to thriving in the cryptocurrency world. 

On this mission, Celestia has maintained a highly positive trajectory, attracting the attention of traders and crypto enthusiasts. As Celestia continues its bullish trend, analysts suggest that the token might yet reach its previous ATH making it one of the top DeFi tokens to watch out for. 

Will KangaMoon Achieve The Same Price Ascent as UNI, TIA, STX, and AVAX Tokens?

Considering KangaMoon’s current trajectory, analysts are highly bullish on the token’s future. With the token recently announcing its upcoming listing on BitMart and one other top-tier crypto exchange, experts project KangaMoon to reach $1 by the end of the year. 

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

Website: https://Kangamoon.com/

Join Telegram Community: https://t.me/Kangamoonofficial