- Recently, Ondo (ONDO) has been famous for declaring a partnership with MSafe, an institutional-grade multi-sig asset management platform built using Aptos and Sui.
- Besides this, KangaMoon (KANG) raised more than $7.2m and reached 32,000 customers.
The latest updates show why these top two altcoins are trending, let us check their performance on the chart and also look at the reasons why they become the best two altcoins for watching.
Ondo and KangaMoon Shine Bright in 2024
Ondo (ONDO) has recently signed a partnership agreement with MSafe, which is an institutionally owned multi-sig asset manager that operates entirely built on Aptos and Sui. Almost simultaneously with that, KangaMoon (KANG) has managed to collect more than $7.2 mln at the stage of its previous token sale and onboard over 32k users until now. In this article, we will review the newest updates of these two altcoins in terms of price action as well as why they are gaining traction among other things; it goes without mentioning that they might also be among the best ones worth keeping an eye on at the moment.
How Far Can Ondo Reach in 2024?
Ondo has become more prominent since it announced a new partnership with MSafe. The latter is an Institutional grade multi-sig asset management platform that runs on two different major networks such as Aptos and Sui. Consequently, through the use of MSafe’s multi-signature asset management platform, the network will mint USDY and carry out other activities that concern Sui while sustaining an increase in its utility as far as the crypto is concerned.
Multi-faceted Approach of KangaMoon (KANG)
KangaMoon (KANG) finds its place in the cryptocurrency industry by putting together cutting-edge trends which are Play-to-Earn (P2E) and Social-Fi; thus enabling an individual to receive tokens as well as grow the community. As such, it has come up with a balancing act that promotes participation within various online communication channels much to its advantage as it results into a robust ecosystem. Community development begins with a natural fuel derived from interactions across multiple social networks, thereby leading to community-driven organisation.
Players in the play-to-earn (P2E) game have the opportunity for competitive battles and tournaments where they can be rewarded with KANG tokens. As the growth made its price rise by a whopping 400%. This growth has also resulted in $7.3 million funding which is expected to hit $8 million by month end.
Its presence on major cryptocurrency tracking websites, such as CoinMarketCap and CoinGecko, contributes to the increased credibility of KangaMoon. Through this, investors can conduct price analysis which is beneficial to them. Moreover, KangaMoon is also expected to list in BitMart, a centralised exchange platform. This shows that the firm is determined to enhance visibility and popularise its use in various parts of the world. Ultimately, industry experts have projected that KANG’s value will multiply 100 times more than its current rate.
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