The cryptocurrency market is always buzzing with exciting news and developments. In this article, we’ll take a closer look at three significant updates: Floki’s (FLOKI) upcoming update, Toncoin’s (TON) collaboration with Telegram, and Kangamoon’s innovative play-to-earn (P2E) model.
Floki (FLOKI) Looking Forward To Locker Update
Floki (FLOKI) is one project that has distinguished itself among meme coins with its cross-chain features and Metaverse game Valhalla. However, the development has failed to pull many users into the Floki Inu network.
As a result, the price of the meme coin has been unstable in the past months, with minimal gains. However, looking ahead, Floki Inu has completed 6 of its planned 18 updates for 2023. The next anticipated update is the FLOKI locker.
The upgrade will mark the year’s first major upgrade of the Floki Inu coin. Because of this, many crypto predict that the Floki inu price could see a major price uptick in the coming months.
Telegram Launches Crypto Wallet on the Toncoin Network
On September 13th, Telegram, a popular messaging app, officially endorsed Toncoin as its preferred blockchain network for Web3 infrastructure. The platform has introduced a cryptocurrency wallet built on The Open Network (TON) blockchain.
The wallet will be accessible to Telegram’s user base of 800 million people globally, increasing the reach of the Toncoin ecosystem. As expected, the price of Toncoin reacted positively to the new increase by almost double digits to reach $1.95.
Meanwhile, Toncoin estimates onboarding more than 30% of Telegram’s user base by 2028. Consequently, this could mean more gains for the TON price in the coming years as adoption rises. Experts predict the Toncoin value could reach new all-time highs as a result.
Kangamoon (KANG) Introduces New, Exciting P2E Concept
Amidst Floki and Toncoin’s price volatility, Kangamoon is seizing the limelight with its new play-to-earn (P2E) gaming concept. According to Business Research Insights, the global Play-to-Earn NFT Games Market will grow 21.3% to hit $3618.4 million by 2028. In this fast-growing industry, Kangamoon is introducing a new game that merges P2E with meme coins.
This new project will offer a unique platform for cryptocurrency and P2E gaming fans to indulge in rewarding gameplay. The project’s distinctive virtual boxing gameplay adds to the excitement, featuring an immersive experience for its players. In this engaging environment, players act like a Kangamoon, a lively animated kangaroo.
Players will participate in play-to-earn games where they can stack rewards through digital battles and tournaments. Not just a passive experience, players also have the option to develop, customize, and level up their avatars for added depth in gameplay.
Kangamoon has substantial prospects for success, given its strategic entrance into the rapidly growing gaming industry. As a result of the optimistic outlook of its hybrid model, analysts are bullish on Kangamoon. Currently, KANG is trading at a promising $0.005 in the first stage of its presale.
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