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As the last quarter of the year is just around the corner, the top 3 tokens to watch out for are Dogecoin (DOGE), Solana (SOL), and Kangamoon (KANG). These tokens have unique value propositions and vibrant communities. Several factors will contribute to their traction in the last quarter of 2023, which will be explored in this article.
Dogecoin (DOGE) is a dog-themed token and the pioneering memecoin. While its origins are rooted in fun and lightheartedness, it has defied expectations since its launch in 2013. Dogecoin evolved from being a playful joke to becoming the 8th largest token by market cap in the global crypto market.
One of its appeals is its vibrant and dedicated community, which contributed immensely to its growth. While Dogecoin has already experienced tremendous growth, its dominance in the meme ecosystem and the broader crypto market has never been in doubt.
As a result, Dogecoin is expected to be at the forefront of the imminent memecoin frenzy. This will see token holders enjoy substantial returns on their investments, making it worthwhile.
Solana (SOL) is an open-source project that provides decentralized finance (DeFi) solutions. The Solana protocol is designed to facilitate the creation of decentralized applications (dApps). It gained widespread popularity for its high-speed and low-cost transactions.
With its robust infrastructure and smart contract capabilities, Solana has become a favorite for both developers and investors. Further, with the protocol set to witness a wave of global adoption before the end of the year, it is one to watch out for.
The above explains why Solana is set to be in the spotlight as a 2023 top-gainer. Its solid fundamentals, tangible utility, and growing adoption will see it experience immense growth.
Kangamoon's community-centric approach to gaming gives it a competitive edge in the gaming ecosystem. Similarly, by intersecting with Play2Earn (P2E), this kangaroo-inspired token stands out in the meme landscape.
This unique project's vision revolves around connecting memecoin enthusiasts worldwide to nurture a vibrant community made of like-minded people. This includes gaming enthusiasts, thanks to its upcoming P2E game. It aims to integrate P2E elements into its ecosystem, where players can get paid for their gaming time.
The launch of its much-anticipated P2E game will see it lead the lucrative games market. According to the World Economic Forum, the market will be worth $321 billion by 2026. This upcoming game will be inspired by Kangaroo, a spirited gaming character with a passion for boxing. Players can build their characters and add unique abilities to them to better compete and be victorious during battles.
As a P2E game, this thrilling boxing game will see players earn real-world tokens and items. By participating in special events, winning matches, and finishing challenging quests, players can earn virtual currency and in-game items.
Therefore, Kangamoon's dedication to community and its intersection of meme with gaming will see it steal the spotlight in 2023. Further, as an emerging token, it has significant room for growth, which will see it end the year in an uptrend.
The token, which is currently in its presale phase, has a starting price of $0.005. Before the end of the presale, the token's price is expected to increase by 220% and by a further 35X before the end of the year. These are analysts' forecasts, making it a compelling investment along with Solana and Dogecoin.
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