Ethereum & Avalanche reach new highs, meme coin jumps 50%

Ethereum (ETH) and Avalanche (AVAX) have marked significant growth, with ETH surpassing $3,500 and AVAX showing a 134% increase YTD. Amidst the market’s bullish trend, KangaMoon (KANG) emerges with a 50% spike, promising novel Social-Fi features.

Ethereum has seen a significant increase in value, as it managed to break above the $3,500 price barrier during the past week. In addition, Avalanche displayed bullishness as its value is up 134% year-to-date (YTD). 

Amidst this positive backdrop, attention is shifting toward newer projects like KangaMoon, which promises Social-Fi components and earning potential.

Ethereum’s ascend beyond $3,500

Ethereum (ETH) is moving upwards in value at a rapid basis fueled by the overall enthusiasm in the market.

Specifically, the Ethereum price USD saw a major upswing during the past week, where its value increased from a low point of $2,907.50 to a maximum value of $3,512.25.

 In addition, the Ethereum value could soon reach even further heights, as the year-to-date (YTD) increase was by 104%, indicating that in the past year, it has doubled in value.

According to the Ethereum price prediction, it can reach $5,534 by the end of 2024.

Avalanche’s 134% YTD increase

Avalanche has also displayed a significant uptrend during the past trading sessions and has grown 134% year-to-date YTD. Its RSI and MACD are bullish for the Avalanche crypto, indicating the overall sentiment about its future is bullish.

The Avalanche price increased 19.3% in the past month, and the crypto increased from $35.28 to $43.83 in the previous week. According to the Avalanche price prediction, it is projected to reach a maximum value of $67.06 by Q4 2024.

KangaMoon grows 125% and introduces Social-Fi elements

KangaMoon (KANG) has displayed bullishness on the charts as-well, as it recently experienced a price increase of 125% due to major presale momentum.

This is an upcoming platform that will feature Social-Fi elements, and that will enable anyone the opportunity to earn while engaging in various elements of the ecosystem.

For example, players can compete in challenges and receive rewards for winning. Those who do not want to participate actively can also spectate and place bets.

They can also earn rewards for doing so. During the presale stage, anyone can earn rewards for participating in the community by sharing tweets or commenting.

The project has reached Stage 3 of the blockchain ICO, where the presale has raised over $600,000 at this stage alone. Moreover, there is a 10% bonus on any purchases made.