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The likely event that Ethereum (ETH) ETF will be approved has hit a significant setback with the Security Exchange Commission (SEC) launching a campaign to classify the number 2 cryptocurrency as Security. As for Uniswap (UNI), the top decentralized token has been bullish for some time and could hit $15 in the coming months.
Meanwhile, KangaMoon (KANG) meme coin pre-sale garnered attention.
Supporters of KangaMoon (KANG) can take part in pre-sale and buy tokens here.
Analysts Tracking KangaMoon (KANG) in 2024
KangaMoon has all chances to be the standout meme coin of 2024. In 2023, Pepe led the meme coin market growth and KangaMoon is poised to replicate the feat, potentially rising by 1000% before the end of the year.
With KangaMoon, a new community of meme coin lovers is created where intense gameplay activities thrive. Players get to compete with one another on a weekly, monthly, and quarterly basis, earning multiple rewards by winning gaming tournaments and competitions. There is room for spectators to also speculate on match outcomes and win amazing prizes.
With the presale at stage 4, KangaMoon native token KANG can be purchased at $0.014.
SEC Launches Campaign to Categorize Ethereum (ETH) as Security
The US Security and Exchange Commission is continuing its severe searchlight on Ethereum (ETH), intending to classify the second-most-popular crypto as security. Already, the SEC has issued a warrant to the US-based companies to document their interaction with the Ethereum network.
With this development, the approval of the Ethereum ETH may be in jeopardy. Already, the Ethereum token is down on the trading chart, having fallen below the $3500 key support level. If the SEC succeeds in classifying Ethereum as security, the token may experience a significant decline according to many analysts.
Uniswap (UNI) Hints at $15 As it Sets to Retest Key Resistance Levels
Uniswap (UNI) traded above $16 in February before the bearish pressure pushed the token back below $10. However, Uniswap coin is recovering and is ready to retest key strongholds in the coming weeks. With a 66% increase in the past 30 days, Uniswap has found support above $11.
Uniswap market cap has also surged past $7B with the next three resistance levels of $12.4, $12.6, and $13.1 crucial in the trajectory of the token. If Uniswap breaks out of these resistance levels, the token may trade at $15 in the coming weeks.
Discover the Opportunities of the KangaMoon (KANG) Presale
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Yuri Molchan
Denys Serhiichuk