Cardano

Chainlink

Avalanche

<img src="https://cdn.thebittimes.com/images/2024/05/12/1715521393.webp" width="800" height="566" alt="">
The European Parliament has approved stringent regulations to combat money laundering and terrorism financing, significantly impacting the cryptocurrency sector. Establishing the Authority for Anti-Money Laundering and Countering the Financing of Terrorism (AMLA) in Frankfurt will oversee enforcement and supervision.&nbsp;
At the same time, crypto service providers must adhere to new due diligence measures. These measures, including robust Know Your Customer (KYC) protocols, will affect various entities, from banks to digital financial services, and aim to create a safer and more transparent crypto industry.
Meanwhile, understanding each digital asset’s uniqueness is crucial as the cryptocurrency market evolves. While institutional investors focus on regulatory compliance and profit potential, these top crypto coins – Chainlink (LINK), Cardano (ADA), Sei (SEI), Avalanche (AVAX), and KangaMoon (KANG) are catching the attention of buyers in May. KangaMoon leads the pack, selling out five presale stages and raising over $6.6M.
<h2 dir="ltr" id="span-kangamoon-kang-best-span-span-play-to-earn-span-span-token-in-2024-span">KangaMoon (KANG): Best Play to Earn Token in 2024</h2>
KangaMoon (KANG) is climbing up the ranks among top P2E platforms largely because of the integration of a unique hybrid functionality. Notably, the relatively new meme coin project&nbsp; combines both GameFi’s Play-to-Earn and SocialFi mechanics in a unified ecosystem dubbed “Kangaverse”. Leveraging its SocialFi structure, KangaMoon allows participants to engage in social challenges and earn free KNAG tokens.
Apart from that, players can jump into the Play to Earn (P2E) thrill, where they compete against each other in various activities including battle-themed contests, and receive digital collectables as rewards, all of which they can trade for real money. Besides, non-players can also participate by placing bets on game outcomes.
Currently, the platform has over 23,000 registered members, consisting of 6,000 plus token holders. Meanwhile, this number is set to increase with KangaMoon’s partnership with RaidSharks. The collaboration is aimed at accelerating community engagement by introducing some exciting raids and a monthly prize pool of $1,000 for KANG players.
Since the start of its presale, KangaMoon has raised over $6.6 million, with KANG price moving upwards by a staggering 400% from an initial price of $0.005 to $0.025 in the current stage. At the current price, the token presents a pocket-friendly opportunity to buy into a project with explosive growth potential that could possibly rank among the best crypto coin in 2024.
<h2 dir="ltr" id="span-chainlink-link-network-forms-a-recent-partnership-with-rapid-addition-span">Chainlink (LINK) Network Forms a Recent Partnership with Rapid Addition</h2>
Chainlink (LINK) network, a blockchain oracle provider, launched a partnership with Rapid Addition – a FIX connectivity solutions company, to make a FIX-native adapter that ensures high institutional digital asset trading. The program is built on Chainlink CCIP, a protocol with several application areas like token transfers, gaming and decentralized finance (DeFi).&nbsp;
Meanwhile, The <a href="https://x.com/chainlink/status/1787324140191408197" target="_blank" rel="noopener noreferrer nofollow">recent&nbsp; development</a> of Chainlink revolves around allowing banks and other financial institutions to interact and communicate with a wide variety of tokenized assets seamlessly. For contexts, CCIP integrates with Chainlink’s decentralized oracle network, which, in turn, ensures data accuracy and security.&nbsp;
In any case, Chainlink token is forming a neutral picture with short-term bullish and bearish signals, as its price has fallen lately and declined over the last month and year. On the positive side, its recent network activity may affect its recovery, as the technology it represents is still in high demand by blockchain developers.
<h2 dir="ltr" id="span-cardano-ada-founder-suggest-integrating-bitcoin-cash-in-an-x-poll-span">Cardano (ADA) Founder Suggest Integrating Bitcoin Cash in an X Poll</h2>
The founder of Cardano (ADA) Network, Charles Hoskinson, recently started a debate on <a href="https://x.com/IOHK_Charles/status/1786771177588871586" target="_blank" rel="noopener noreferrer nofollow">X</a> on a "hypothetical poll" regarding the integration of Cardano and Bitcoin Cash. With over 14,000 votes acquired so far, this poll presented an impressive 68% <a href="https://x.com/Cointelegraph/status/1787191048697188732" target="_blank" rel="noopener noreferrer nofollow">affirmation</a> for the said collaboration.&nbsp;
Despite Hoskinson's disclaimer of the survey as a hypothetical incident, Elon Musk'sMusk's demonstration of the ability of these platforms to influence decision-making processes shows how such conversations could be a significant one within the cryptocurrency market.
In <a href="https://twitter.com/proteusguy/status/1787056066762850505" target="_blank" rel="noopener noreferrer nofollow">response</a> to the post, Ben Scherrey, the founder and chief technology officer of Biggest Lab'sLab's blockchain firm, supported this integration by pointing out that both chains, from their UTXO model, have similarities that bring about features such as scalability and decentralization.&nbsp;
While the Cardano community may sound hopeful about the partnership, the actual implementation of the partnership remains unclear. Hoskinson also mentions the term "partnerchain" that shows the importance of interoperability between BCH and proposed future upgrades that could see ADA price as well as that of BCH shoot up drastically.
<h2 dir="ltr" id="span-sei-sei-network-move-towards-a-boost-in-network-activity-span">Sei (SEI) Network Move Towards a Boost in Network Activity&nbsp;</h2>
Sei (SEI) plays a leading role in the next-generation digital asset management, creating solutions to investor and business needs. From digital portfolios to tokenized asset solutions, Sei streamlines the processes, reduces the complexity, and increases the accessibility of investment for all classes of investors.&nbsp;
Meanwhile, The Sei ecosystem has experienced a tremendous boost in utilizing its tokens to transact and pay by infusing them with the <a href="https://x.com/realMaskNetwork/status/1785713406030311631" target="_blank" rel="noopener noreferrer nofollow">Mask network</a>. Besides that, Kawa Finance among others has utilized Sei technology to speed up transactions, act as an asset repository, and carry out <a href="https://x.com/SeiNetwork/status/1786485994897744370" target="_blank" rel="noopener noreferrer nofollow">asset borrowing </a>and lending within its network.&nbsp;
Through deploying the final contract versions on Sei v2 devnet, Kawa Finance hopes to achieve the best operational efficiency. Despite such technological progress, the native SEI token has recorded a <a href="https://coinmarketcap.com/currencies/sei/" target="_blank" rel="noopener noreferrer nofollow">price drop</a> of 22.7% during the course of the last month. On the flip side, this drop deviates from a surge of 6502.9% 12 months back, portraying Sei’s volatility while transiting between impulsive and corrective market movements.&nbsp;&nbsp;
<h2 dir="ltr" id="span-avalanche-avax-network-joins-stripe-to-enhance-its-ecosystem-span">Avalanche (AVAX) Network Joins Stripe to Enhance its Ecosystem</h2>
The recent <a href="https://x.com/avax/status/1786423086709084224" target="_blank" rel="noopener noreferrer nofollow">partnership</a> between Avalanche (AVAX) and Stripe, one of the most popular payment processors, shows that users in the Avalanche network can now enjoy ease of use. The partnership facilitates users in the United States to make purchases of <a href="https://coinmarketcap.com/currencies/avalanche/" target="_blank" rel="noopener noreferrer nofollow">AVAX token</a> and other coins through traditional payment, such as debit and credit cards, enabling an increase in vendors.
This integration incorporates a customizable widget naturally for all Avalanche dApps, including decentralized exchanges (DEXes) and wallets, which resolves the cold start problem that Web3 platforms often face. The collaboration encompasses KYC verification, fraud prevention, and compliance. Stripe takes on these critical aspects, contributing to a better user experience and simplified onboarding. The alignment fosters broader adoption and engagement in the Avalanche ecosystem.
<h2 dir="ltr" id="span-why-are-investors-stacking-up-kangamoon-tokens-instead-span">Why are Investors Stacking Up KangaMoon Tokens Instead?</h2>
ADA, LINK, Sei, and AVAX token holders have discovered an exciting marketplace created by KangaMoon for users to access the meme coin market. With targets to launch in 2024, Kangamoon presents investors with the opportunity to buy tokens in the presale at a low price, while expecting profit growth of up to 2000% after listings in Q2. This is an appealing option for those looking to diversify their portfolio and invest in this secure and best crypto coin in 2024.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website:<a href="https://kangamoon.com/" target="_blank" rel="noopener noreferrer nofollow"> https://Kangamoon.com/</a>
Join Our Telegram Community:<a href="https://t.me/kangamoonofficial" target="_blank" rel="noopener noreferrer nofollow"> </a><a href="https://t.me/KangaMoonofficial" target="_blank" rel="noopener noreferrer nofollow">https://t.me/Kangamoonofficial</a>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/future-proof-your-portfolio-top-crypto-coins-to-consider-hodling-amidst-tightening-regulations-tbt88123.html">https://thebittimes.com/future-proof-your-portfolio-top-crypto-coins-to-consider-hodling-amidst-tightening-regulations-tbt88123.html</a>

Future-Proof Your Portfolio: Top Crypto Coins to Consider Hodling Amidst Tightening Regulations

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