Dive into Cardano, Ethena and KangaMoon for potential ROI

Recent developments draw attention to Ethena and Cardano, while KangaMoon attracts traders with its growth and fundraising prospects.

Ethena (ETA) has recently expanded its offering, as Karak Network recently introduced USDe recovery through it. Additionally, the first three weeks of the OpShin Pioneer Program for Cardano (ADA) were published, which can contribute to the overall expansion of its ecosystem.

Both altcoins have now received a huge level of attention as a result of these updates, but despite this, traders have started to move their crypto balance and are now diversifying with KangaMoon (KANG), which has already raised over $6, 4 million and may soon reach new heights. We will take an in-depth look at each altcoin to determine how far they can go.

Ethena partners with Karak Network to bring back USDe

Ethena has seen a large influx of interest from new investors due to its recent on-chain developments. Specifically, the Karak Network twitter.com/Karak_Network/status/1785340894956421543″ target=”_blank” rel=””>announced the introduction of the USDe re-stake with Ethena Labs and as a result, any USDe user has the opportunity to re-stake the crypto to earn Karak XP and 20x Ethena stats up to 100 million USDe.

All of this occurred in addition to the USDe local staking rewards. As a result, the Ethena cryptocurrency could soon experience a major bullish price trend. Ethena price has already increased by 48.2% in a single month and at this rate, it has the potential to achieve even greater gains. According to Ethena's price prediction, it may end Q4 2024 at $1.88, positioning it as one of the advancing altcoins.

Cardano ecosystem to expand as more developers join

Cardano has also shown optimism on the charts as its value has risen, and has consistently remained above the $0.4 price range over the past few months. Recently, the Cardano cryptocurrency regained interest as twitter.com/OpShinDev/status/1784975859494932872″ target=”_blank” rel=””>OpShin released the first three weeks of the OpShin Pioneer Program for Cardano, where anyone can have access to the introduction of writing smart contracts on top of the network.

As a result, more developers could soon enter its ecosystem and the price of Cardano could increase. According to Cardano price prediction, it can reach up to $0.97 by the end of Q4 2024, making it one of the altcoins making waves in the cryptocurrency industry.

KangaMoon shows strength and is poised for 5,000% growth

KangaMoon (KANG) has gained a lot of traction among traders with its vast ecosystem as it comprises elements of Social-Fi, a community-driven approach, and even Play-to-Earn (P2E) features, all of which have contributed to 20,000 Users already register in its ecosystem.

Additionally, within its P2E world, players take control of a KangaMoon character. By doing so, they can battle other players or participate in tournaments. This way, they can essentially earn rewards in the form of KANG or nft tokens. Depending on the activity, 7 million dollars raised could be reached by the end of the month.

The interest generated by KANG has also resulted in a 290% price increase as the KANG token rose from $0.005 to $0.0196. According to KangaMoon price prediction, it may end 2024 with a 5,000% price increase.

Summary

It is clear that investors and traders are paying attention not only to Cardano but also to Ethena. However, KangaMoon is expected to achieve higher profits. With its recent chart performance and overall appeal, it is poised to see growth in 2024 and beyond. To learn more about KangaMoon, visit the official website or join the telegram community.