Emerging DeFi Token Grabs Attention From Decentraland and The Sandbox Holders Following Their Dip

Decentraland (MANA) and The Sandbox (SAND) are two GameFi cryptocurrencies which recently experienced a slump in their value, but could soon initiate a recovery phase and provide traders who jump into them now with solid returns.

Yet, those worried about the future of these cryptocurrencies have already begun to diversify their holdings, and the KangaMoon (KANG) DeFi token has been the go-to presale-stage project following its massive 290% jump in value. To see why over 20,000 users signed up to KangaMoon, and to see what kind of future each crypto has, we will go over their on-chart performance.

  • Decentraland to move to $0.8968 by the end of 2024
  • The Sandbox projected to spike to $0.9306 by Q4, 2024
  • KangaMoon grows 290% and can spike 100x at launch

Decentraland (MANA) Price Corrects – Can It Recover?

Decentraland (MANA) has recently experienced a price correction phase which brought its value under the $0.60 threshold, however could soon initiate a recovery. During the previous week, the Decentraland price moved from a low point of $0.56 to $0.68, and almost broke the $0.70 price barrier.

However, this Decentraland crypto movement did initiate speculation of an optimistic long-term outlook, and its RSI and MACD data back this up. According to the Decentraland price prediction, it can end 2024 at $0.8968, making it one of the alt coins to watch.

The Sandbox (SAND) Dips in Value – Price to Recover by Q4

The Sandbox (SAND) has also price corrected, but has significant upwards momentum if it manages to break above the $0.80 price barrier. The Sandbox price managed to initially see a major price increase during the start of the week where it moved from $0.58 to $0.71.

However, The Sandbox crypto then corrected to $0.60, where it now needs to regain the attention of crypto bulls to help it kick back up in value. Yet, the on-chart metrics also showcase green signs in the long-term, and according to The Sandbox price prediction it can end 2024 at $0.9306, making it another solid altcoin.

KangaMoon (KANG) Spikes 290% – To Explode by 100x at Launch

KangaMoon (KANG) is an upcoming DeFi project that is set to explode in value, fueled by its various ecosystem elements and community-driven approach. Alongside this, it also introduces various earning elements, and fuses Social-Fi elements, coupled with Play-to-Earn (P2E) features.

With this innovative approach, the platform enables anyone on a global scale to create their own KangaMoon character, where they can earn KANG tokens or NFT rewards through engaging with various ecosystem elements, such as battling, placing bets on fights, or engaging with community events. There is a dedicated marketplace in which anyone can buy, sell or trade NFTs as-well, and there are now over 20,000 registered community members.

The crypto increased from $0.005 to $0.0196 during the past trading sessions, marking a 290% increase. While the project recently raised over $4.3 million, it can break the $5 million raised milestone by the end of April. According to analysts, the crypto can spike by 100x at launch, positioning KANG as one of the best DeFi coins to buy.

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