New Opportunities Emerging in the Crypto Sphere: Exploring KangaMoon, Toncoin, Celestia and PIXELS

New Opportunities Emerging in the Crypto Sphere: Exploring KangaMoon, Toncoin, Celestia and PIXELS

By: Eva Baxter

Pixel's game founder, Luke Barwikowski, has controversially shifted Ethereum scaling networks from Polygon to Ronin, just ahead of the PIXEL token launch. The seemingly hectic past few months have directly led to this decision, raising questions about the future of the game.

Simultaneously, Toncoin and Celestia, once trending cryptocurrencies, have experienced significant price declines hindering their market momentum. Toncoin is pursuing new DeFi applications, offering services such as anonymous phone numbers while setting a new record of 104,715 transactions per second. However, despite these advancements, its value dropped 5.55% over the past month, decreasing its daily trading volume to a meager $41 million.

Celestia, on the other hand, hit an all-time high of $20.91 on February 10, but retreated by 12.62% to $18.21, causing its daily trading volume to fall to $220 million. Despite this setback, bullish predictions suggest that Celestia could rise to $30 by the end of Q1, dependent on the overall bullish crypto market.

The shakeup in altcoin trends has led many investors to new meme coin, KangaMoon. KangaMoon employs a hybrid social-fi and player-to-earning model, offering utility and multiple income opportunities to its community. This coin is listed at $0.005, but it's projected to rise in value after the first stage of presale. Analysts speculate returns of over 220%, making it a preferable choice for altcoin investors, even as Toncoin and Celestia struggle to maintain momentum.

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