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The next bitcoin halving will be in early April 2024. This event could affect Litecoin (LTC), the first fork of bitcoin. Before this, other projects like Solana (SOL) and KangaMoon (KANG) have been strong and may outperform LTC after halving.
bitcoin and Litecoin Halving
Litecoin trading volume is down 19% in the last 24 hours. The currency was also down 6.19% in the previous month.
The reduction is a concern for investors.
Even so, it is still unclear whether the bitcoin halving event will negatively impact LTC.
Some experts say LTC will rally if bitcoin surpasses $60,000. Meanwhile, others say the impact of the halving will be limited.
KangaMoon: a new unique P2E community
Kanga Luna has successfully raised $100,000 in its pre-sale.
Unlike other meme coins, KangaMoon offers a unique play-to-earn ecosystem and a social-fi element. It aims to connect meme coin enthusiasts around the world and reward community interaction.
In addition, early investors can benefit from the promotion of the project.
KANG is available for $0.005 in the current pre-sale stage.
Solana finds resistance at $110
Solana bulls have encountered resistance at $110.
During the last week, SOL pink 7%, but it is down 5% in the last 24 hours.
Its daily trading volume has increased by 5% to $1.5 billion.
Analysts say SOL will surpass $110 by the end of February.
Can KangaMoon influence the meme coin market?
KangaMoon may register growth in the future. The play-to-earn and nft market will likely double, accelerating growth and rewarding early KANG investors.
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