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Kartoon Studios (AMEX: TOON) Releases 2023 Financial Report With $44.1 Million In Revenue

Benzinga

By Faith Ashmore, Benzinga Kartoon Studios (AMEX: TOON), a global company specializing in creating, producing, distributing, marketing and licensing entertainment brands, has announced its 2023 financial results to shareholders. With a diverse portfolio of original animated content, including popular shows such as Stan Lee's Superhero Kindergarten, Shaq's Garage, Rainbow Rangers and Llama Llama, Kartoon Studios has established itself as a prominent player in the children’s media industry. For the quarter that ended on December 31, 2023, Kartoon Studios recorded revenue of $8.8 million, contributing to the annual revenue of $44.1 million. As of December 31, 2023, Kartoon Studios had assets totaling $57.1 million, working capital amounting to $11.5 million and a total stockholders' equity of $53.3 million. The company’s streaming platform Kartoon Channel! was key to 2023’s results. Notably, the company reached a break-even point for operating income in the fourth quarter of last year. In comparison, it took Netflix (NASDAQ: NFLX) six years to break even. The paid subscriber base for Kartoon Channel! grew by 19% in 2023 compared to the previous year. The company’s production arm, Mainframe Studios, also experienced growth in 2023, having seemingly recovered with ease after industry-wide strikes by actors and writers last year. With a growing sales pipeline and newly greenlit projects, the company projects that Mainframe Studios willl generate more than $40 million in revenue. Implementing Cost Savings The company’s new Chief Financial Officer, Brian Parisi, commented, "Kartoon Studios remains steadfast in its commitment to maximizing our operational efficiency and implementing stringent cost management practices, all with the goal of achieving sustained, long-term, profitable growth. We are actively pursuing a detailed plan aimed at lowering operational costs throughout the organization while growing revenue alongside the recovery of the overall industry.” “Our efforts are bearing fruit, as evidenced by the decline in our loss from operations in Q4 2023, net of impairment, by 39% from Q4 2022 and 48% from Q3 2023. In my first five months at the company, we have already identified more than $3.5 million of additional annual cost savings across the business, which we believe will further reduce our loss from operations and pave the way to achieve our goal of sustainable and growing profitability, as our key brands begin to grow and flourish,” he said. Kartoon Studios reports that its kids and family media agency, Beacon Media Group, has also defied industry trends by driving 16% quarterly growth compared to Q4 2022, achieving its highest quarterly revenue since 2021. “Under the leadership of Cindy Kelly, President of Beacon Media Group, the company has broadened its horizons by welcoming six new advertisers and pushing the boundaries with innovative marketing campaigns. Cindy has been instrumental not only in driving business growth amidst a challenging market but also in forging valuable synergies between Beacon Media, Kartoon Channel!, and our Mainframe Studios subsidiary in Canada. Her efforts have positioned Beacon Media Group as a leader in the kids and family media and marketing space, and today represents more toy companies than any other media agency,” Andy Heyward, Chairman & CEO of Kartoon Studios, added. Going into 2024, the company has stated that it will be further focusing on the Stan Lee brand and implementing AI across the organization, with significant initiatives underway. These initiatives aim to propel the Stan Lee brand further and enhance operational efficiency through the use of AI technology. The CEO is confident about the prospects of the company, sharing “Kartoon Channel! has evolved into a leading destination for children's entertainment, offering thousands of episodes of meticulously curated, safe and family-friendly content. We believe our streaming services, bolstered by strong market reach, and the high quality of our service—as evidenced by our consistent 4.9 out of 5 stars rating on the Apple app store, are poised to be a significant driver of Kartoon Studios' growth strategy moving forward. We continue to be the highest ranked streaming service in the Apple app store, amongst our key competitors, including Netflix Kids, Disney+ MAX, Cartoon Network, and Nickelodeon.” Featured photo by Glenn Carstens-Peters on Unsplash. Benzinga is a leading financial media and data provider, known for delivering accurate, timely, and actionable financial information to empower investors and traders. This post contains sponsored content. This content is for informational purposes only and not intended to be investing advice. Contact Details Benzinga +1 877-440-9464 info@benzinga.com Company Website http://www.benzinga.com

April 10, 2024 08:45 AM Eastern Daylight Time

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Comcast RISE to Award 100 Small Businesses in Southern Colorado with Grant Packages that Include a $5,000 Monetary Grant, Marketing and Technology Resources, and More

Comcast Colorado

Today, Comcast announced 100 businesses in Southern Colorado will receive comprehensive grant packages that include business coaching sessions, education resources, a $5,000 monetary grant, creative production, and technology makeovers. Comcast RISE is committed to supporting the growth of all small businesses, while advancing the objectives of diversity, equity and inclusion, as well as community investment. The program is built to help businesses and their communities thrive with a focus on economic growth. “Comcast is committed to supporting and empowering small businesses in our communities,” said J.D. Keller, senior vice president of Comcast’s Mountain West Region. “The Comcast RISE program will deliver innovative and impactful resources that will make a lasting impact on small businesses in Colorado Springs.” Beginning on May 1, and through May 31, eligible businesses in Colorado Springs and El Paso County can apply for a grant package at www.ComcastRISE.com. A total of 100 grants in Southern Colorado, and 500 grants overall, will be announced in August 2024, bringing the total number of recipients to date to 14,000. “Small businesses are essential pillars of Colorado Springs’ community, contributing significantly to the strength and vibrancy of our economy through job creation, by increasing our tax base, and providing our community’s unique charm and character,” said Colorado Springs Mayor Yemi Mobolade. “It is the small business owner that takes a leap of faith to turn a dream into a reality. By investing in our local entrepreneurs, we’re helping support the heartbeat of our city, because their success is our success.” Comcast RISE was created in November 2020 to help small businesses hardest hit by COVID-19, from bakeries and barber shops to childcare centers and cleaning services, by providing the grants needed to survive and recover. The program has evolved from helping businesses survive the pandemic, to helping businesses and their communities thrive with a focus on economic growth. Grant packages will include: CONSULTATION - General business assessment and coaching that provides business owners with recommendations on how to help grow their businesses. EDUCATION RESOURCES - 12-month access to online entrepreneurship courses, learning modules and resources for small business owners. MONETARY GRANT - $5,000 monetary grant. CREATIVE PRODUCTION & MEDIA - Turnkey production of a 30-second TV commercial, plus a media strategy consultation and a 180-day media schedule. (Taxes and other fees may apply for production and media services.) TECHNOLOGY MAKEOVER - Computer equipment and Internet, Voice and Cybersecurity services for 12 months. (Taxes and other fees may apply for tech makeover services.) In addition, any small business owner can visit the Comcast RISE destination on the X1 platform featuring aggregated small business news, tips, insights, and more. Just say “Comcast RISE” into the X1 voice remote. Comcast RISE is part of Project UP, the company’s $1 billion commitment to advance digital equity through programs and community partnerships that connect people to the Internet, advance economic mobility and open doors for the next generation of innovators, entrepreneurs, storytellers and creators. More information and the applications to apply for either the grant program or marketing and technology services are available at www.ComcastRISE.com. About Comcast Corporation Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. About Comcast Business Comcast Business offers Ethernet, Internet, Wi-Fi, Voice, TV and Managed Enterprise Solutions to help organizations of all sizes transform their business. Powered by an advanced network, and backed by 24/7 customer support, Comcast Business is one of the largest contributors to the growth of Comcast Cable. Comcast Business is the nation’s largest cable provider to small and mid-size businesses and has emerged as a force in the Enterprise market; recognized over the last two years by leading industry associations as one of the fastest growing providers of Ethernet services. For more information, visit www.business.comcast.com or call 866- 429-3085. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social. About EffectvEffectv, the advertising sales division of Comcast Cable, helps local, regional and national advertisers use the best of digital with the power of TV to grow their business. It provides multiscreen marketing solutions to make advertising campaigns more effective and easier to execute. Headquartered in New York with offices throughout the country, Effectv has a presence in 66 markets with nearly 30 million owned and represented subscribers. For more information, visit effectv.com. Contact Details Comcast Leslie Oliver +1 303-810-6326 leslie_oliver@comcast.com Company Website https://colorado.comcast.com/

April 09, 2024 11:00 AM Mountain Daylight Time

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Comcast RISE to Award 100 Small Businesses in Southern Colorado with Grant Packages that Include a $5,000 Monetary Grant, Marketing and Technology Resources, and More

Comcast Colorado

Today, Comcast announced 100 businesses in Southern Colorado will receive comprehensive grant packages that include business coaching sessions, education resources, a $5,000 monetary grant, creative production, and technology makeovers. Comcast RISE is committed to supporting the growth of all small businesses, while advancing the objectives of diversity, equity and inclusion, as well as community investment. The program is built to help businesses and their communities thrive with a focus on economic growth. “Comcast is committed to supporting and empowering small businesses in our communities,” said J.D. Keller, senior vice president of Comcast’s Mountain West Region. “The Comcast RISE program will deliver innovative and impactful resources that can make a lasting impact on small businesses in Pueblo.” Beginning on May 1, and through May 31, eligible businesses in Pueblo and Pueblo County can apply for a grant package at www.ComcastRISE.com. A total of 100 grants in Southern Colorado, and 500 grants overall, will be announced in August 2024, bringing the total number of recipients to date to 14,000. “Small businesses drive innovation, create jobs, and enrich the fabric of our community,” said Pueblo Mayor Heather Graham. “Through dedicated support and investments like the Comcast RISE program, entrepreneurs are empowered to grow their businesses.” Comcast RISE was created in November 2020 to help small businesses hardest hit by COVID-19, from bakeries and barber shops to childcare centers and cleaning services, by providing the grants needed to survive and recover. The program has evolved from helping businesses survive the pandemic, to helping businesses and their communities thrive with a focus on economic growth. Grant packages will include: CONSULTATION - General business assessment and coaching that provides business owners with recommendations on how to grow their businesses. EDUCATION RESOURCES - 12-month access to online entrepreneurship courses, learning modules and resources for small business owners. MONETARY GRANT - $5,000 monetary grant. CREATIVE PRODUCTION & MEDIA - Turnkey production of a 30-second TV commercial, plus a media strategy consultation and a 180-day media schedule. (Taxes and other fees may apply for production and media services.) TECHNOLOGY MAKEOVER - Computer equipment and Internet, Voice and Cybersecurity services for 12 months. (Taxes and other fees may apply for tech makeover services.) In addition, any small business owner can visit the Comcast RISE destination on X1 featuring aggregated small business news, tips, insights, and more. X1 customers can say “Comcast RISE” into the voice remote. Comcast RISE is part of Project UP, the company’s $1 billion commitment to advance digital equity through programs and community partnerships that connect people to the Internet, advance economic mobility and open doors for the next generation of innovators, entrepreneurs, storytellers and creators. More information and the applications to apply for either the grant program or marketing and technology services are available at www.ComcastRISE.com. About Comcast CorporationComcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. About Comcast Business Comcast Business offers a broad suite of technology solutions to keep businesses of all sizes ready for what’s next. With a range of offerings including connectivity, secure networking, advanced cybersecurity, and unified communications solutions, Comcast Business is partnering with business and technology leaders across industries and integrating Masergy, a leader in software defined networking, to help drive businesses forward. Backed by a next-generation network, Comcast Business has been recognized for its growth, innovation, and leadership in global secure networking. For more information, call 800-501-6000. Follow on Twitter @ComcastBusiness and on other social media networks at http://business.comcast.com/social. About EffectvEffectv, the advertising sales division of Comcast Cable, helps local, regional and national advertisers use the best of digital with the power of TV to grow their business. It provides multiscreen marketing solutions to make advertising campaigns more effective and easier to execute. Headquartered in New York with offices throughout the country, Effectv has a presence in 66 markets with nearly 30 million owned and represented subscribers. For more information, visit effectv.com. Contact Details Leslie Oliver +1 303-810-6326 leslie_oliver@comcast.com Company Website https://colorado.comcast.com/

April 09, 2024 11:00 AM Mountain Daylight Time

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Ripple CEO's Claims Crypto Market Will Explode to $5T; Polkadot and KangaMoon Steal the Show

Kangamoon

The Ripple (XRP) CEO recently said that the crypto market value is on track to reach $5T. This has made traders scramble to get into the crypto market. Two altcoins have captured the spotlight in this space - Polkadot (DOT) and KangaMoon (KANG). While you may be familiar with DOT, KANG is a Stage 5 presale star that may surge by 50x in 2024. Ripple (XRP) CEO: Crypto Market To Double in Size The CEO of Ripple (XRP), Brad Garlinghouse, predicted that the cryptocurrency market's cap could exceed $5T before the end of this year. In an interview with CNBC, the Ripple CEO cited macroeconomic factors such as the first US Bitcoin spot ETF and the upcoming BTC halving event as reasons for this growth. The Ripple crypto value has fluctuated between $0.62 and $0.60 in the past 30 days alone. Its market cap fell from $34.10B to $33.40B during that time. However, the technical analysis for Ripple paints a bullish picture. For instance, there are 25 green technical indicators for this altcoin. Due to all this bullish Ripple news, analysts foresee a growth to $0.87 within Q2 of 2024. Polkadot (DOT): Active Addresses Reach 600K – a New Record Meanwhile, Polkadot (DOT) is another altcoin that has been making headlines. In other words, Polkadot recently announced that its activity continues rising. For example, there are now over 600,000 on-chain active addresses on the Polkadot blockchain. This Polkadot news may trigger a rally for this crypto, which has grown in value from $6.21 to $9 over the past 12 months. Its market cap surged from $7.30B to $12.68B in that period. Additionally, the Polkadot crypto trades above its 50 and 100-day EMAs. As a result, experts in the crypto field predict DOT will hit $12.84 before Q2 of 2024 ends. KangaMoon (KANG): To Top the Best Altcoin List Amid Ripple and Polkadot gaining traction, KangaMoon (KANG) has emerged as one of the best altcoins to buy. This rising presale star has already raised over $4.4M, and projections hint at a growth to $5M before April 2024 ends. Not only that, it has already provided early buyers with a 290% ROI—a stellar performance for a presale. This altcoin's long-term growth potential is stellar since it will tap into the P2E gaming sector, which has been projected to reach $885M. KangaMoon is getting ready to introduce a P2E game where its native token, KANG, will be the main in-game currency. KANG holders will access weekly, monthly, or quarterly challenges and earn more tokens or in-game assets. Another exciting aspect of KangaMoon is its community-driven focus. For instance, KangaMoon will give the most active community members free KANG before its launch. Therefore, over 20,000 registered community members now like and share KangaMoon's social media posts. Currently, this altcoin costs just $0.0196 as it is in Stage 5 of its presale—a big increase from its starting price of $0.005. If things keep on going up, analysts expect a 50x surge once KANG is listed on a Tier-1 CEX in Q2 of 2024. Due to all these reasons, KANG is one of the best altcoins to watch in 2024. Will KangaMoon Surge Faster than Ripple and Polkadot? KangaMoon can potentially surge ahead of other altcoins like Ripple and Polkadot. This is because KANG has a low market cap of $19.6M, which means it requires way less money for its price to increase. If you are interested in this altcoin, follow the links below and get a 10% bonus. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://Kangamoon.com/ Join Our Telegram Community: https://t.me/Kangamoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 09, 2024 11:00 AM Central Daylight Time

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National Comcast RISE Program Set to Give 100 Southeast Texas Small Businesses Grants, Tech-Makeovers, Marketing Support and More

Comcast Texas

Today, Comcast announced Houston would be one of five cities from which eligible small businesses can apply to its nationally recognized Comcast RISE program for the opportunity to receive business support grants. The program will provide a total of $500,000 in grants plus technology make-overs, marketing support, media schedules, coaching sessions and education support. “Small businesses are the backbone of our economy and are essential to building strong and thriving local communities,” said Loren Hudson, SVP and Chief Diversity Officer at Comcast. “Comcast RISE is proud to help strengthen and empower these businesses and entrepreneurs to expand and grow.” Beginning on May 1 through May 31, eligible businesses in Houston; Atlanta, GA; Southern Colorado; Jacksonville, FL and Richmond, VA can apply for a chance to receive a grant package at www.ComcastRISE.com. One hundred businesses per city, 500 in total, will be awarded business support grants that will include: COACHING SESSIONS - General business assessment and coaching that provides business owners with recommendations on how to grow their businesses. EDUCATION RESOURCES - 12-month access to online entrepreneurship courses, learning modules and resources for small business owners. MONETARY GRANT - $5,000 monetary grant. CREATIVE PRODUCTION & MEDIA - Turnkey production of a 30-second TV commercial, plus a media strategy consultation and 180-day media placement schedule. (Taxes and other fees may apply for production and media services.) COMCAST BUSINESS TECHNOLOGY MAKEOVER - Computer equipment, Internet, voice and cybersecurity services for 12 months. (Taxes and other fees may apply for tech makeover services.) Past Houston area Comcast RISE recipients include Mala Sichuan Bistro, LAMIK Beauty and 132 Design. “Comcast RISE came in with support at the perfect time. We didn't just expand our office and reach; we were instantly plugged into a community of support,” said Ashley Gomez, co-founder of 132 Design. “Being part of the Comcast RISE family truly opened the floodgates to new opportunities. Now we are helping to lift other businesses here in the city we love.” Comcast RISE is part of Project UP, the company’s comprehensive initiative to advance digital equity through programs and partnerships that connect people to the Internet, advance economic mobility and open doors for the next generation of innovators, entrepreneurs, storytellers and creators. Now in its fourth year, Comcast RISE has nationally awarded 13,500 small businesses over $125 million in monetary, marketing, and technology grants. More information and the applications to apply are available at www.ComcastRISE.com About Comcast Corporation: Comcast Corporation (Nasdaq: CMCSA) is a global media and technology company. From the connectivity and platforms we provide, to the content and experiences we create, our businesses reach hundreds of millions of customers, viewers, and guests worldwide. We deliver world-class broadband, wireless, and video through Xfinity, Comcast Business, and Sky; produce, distribute, and stream leading entertainment, sports, and news through brands including NBC, Telemundo, Universal, Peacock, and Sky; and bring incredible theme parks and attractions to life through Universal Destinations & Experiences. Visit www.comcastcorporation.com for more information. About Comcast Business: Comcast Business offers a broad suite of technology solutions to keep businesses of all sizes ready for what’s next. With a range of offerings including connectivity, secure networking, advanced cybersecurity, and unified communications solutions, Comcast Business is partnering with business and technology leaders across industries and integrating Masergy, a leader in software defined networking, to help drive businesses forward. Backed by a next-generation network, Comcast Business has been recognized for its growth, innovation, and leadership in global secure networking. For more information, call 800-501-6000. Follow on X @ComcastBusiness and on other social media networks at http://business.comcast.com/social. Contact Details Comcast Texas ilona Carson +1 346-624-2074 Ilona_Carson@Comcast.com Company Website https://houston.comcast.com/

April 09, 2024 07:02 AM Central Daylight Time

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Analyst Wick Hints a Bitcoin Cash Comeback, KangaMoon Nears $4.5M, As Stacks Dips

Kangamoon

In a recent development, Crypto Analyst Wick sheds light on predictions for Bitcoin Cash during a compelling episode of the widely-followed Trading Alpha show. His analysis echoes sentiments expressed in previous discussions, prompting a closer examination of the current trend, particularly Bitcoin Cash's bullish stage 2 structure. Meanwhile, Stacks (STX) faces uncertainties as recent fluctuations spark concerns. On the horizon, KangaMoon (KANG) emerges as a top pick for the next bull run cycle, dazzling with a 290% surge and innovative features. As its community expands, analysts foresee a promising trajectory, solidifying KangaMoon's status as a crypto gem for 2024. KangaMoon (KANG): The Next Big Thing in April 2024? An upriser in the meme coin market, KangaMoon (KANG) has impressively risen above the majority of its peers. Among the multitude of new launches, KangaMoon stands out with its innovative features and remarkable performance during its ongoing presale phase. With over $4.2 million raised in presale funding, KangaMoon has captured the interest of investors seeking entry into its network. The surge in value of the KangaMoon token has been nothing short of remarkable. Within a few weeks of commencing its presale, the price of the KANG token has skyrocketed by an astounding 290%, climbing from an initial offering price of $0.005 to $0.0196 in the fifth stage. This rapid increase in value underscores the growing confidence in KangaMoon's vision and its potential to disrupt the meme coin space and the broader crypto market. With its unique blend of SocialFi and GameFi’s Play-to-Earn model, users can earn rewards in KANG tokens by participating in various battle contests and periodic social challenges. As KangaMoon's community continues to expand, boasting over 20K registered members, including over 6K token holders, it appears well-positioned for sustained growth. Meanwhile, analysts are optimistic about KangaMoon’s future, and predict it to surge at least 20X before the end of the year, thereby positioning it as a top crypto coin to watch in the coming months. Crypto Analyst Wick Suggests Predictions for Bitcoin Cash Price Crypto analyst Wick recently shared insights on Bitcoin Cash during a recent episode of the popular Trading Alpha show, echoing sentiments expressed in prior discussions. Now, the focus is on whether the current trend, marked by a bullish stage 2 structure, will hold. In the weekly price chart, Bitcoin Cash token reflected a little above 18% increase, trading from $557.3 to $699.9. Meanwhile, investors are eagerly watching for any shifts in market dynamics, ready to react accordingly. With significant potential movement ahead, all eyes are on Bitcoin Cash as it navigates this critical phase. With these projections, investors are closely monitoring whether Bitcoin Cash price will possibly cross the $700 price mark in the coming week. Stacks: Analysts Projection for the Road Ahead Stacks (STX) has been on quite a run lately, but there are concerns about its price movements. While Stacks price reflects over 9% gain in the past month, going from $2.25 to $3.8, recent movements tell a different story. Just in the last week, the native Stacks token took a nearly 5% hit, dropping from $3.45 to $3.27. Now, there are signs of a bearish pullback, which could put a damper on the current excitement. The trading volume for Stacks network is slowing down, indicating less action in the market. Still, there's a chance it could turn things around, especially considering its tie-in with Bitcoin as a layer 2 technology. Some analysts are hopeful that Stacks price could even hit $6 and rank as a top cryptocurrency in the second quarter. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://KangaMoon.com/ Join Our Telegram Community: https://t.me/KangaMoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 09, 2024 05:07 AM Central Daylight Time

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Vitalik Buterin Reveals Ethereum Update, Litecoin and KangaMoon Top Gainers This Week

Kangamoon

As Ethereum co-founder Vitalik Buterin announces network upgrades that are centered around simplification, security reinforcement, and operational efficiency for Ethereum network, investors are taking a position in Litecoin (LTC) and KangaMoon (KANG) at the start of the second quarter. In Particular, the Litecoin token is bouncing back from a recent downturn that suggests an imminent bullish reversal. On the other hand, KangaMoon has managed to raise substantial capital through its presale stage. Having crossed over the $4 million presale funding milestone, KangaMoon exhibits strong market presence and increasing adoption while offering huge potential in the meme coin and DeFi market. Vitalik Buterin Releases New Update For Ethereum (ETH) To Aid Seamless Usage Vitalik Buterin, co-founder of Ethereum, has just dropped updates and improvements to the Ethereum network. One important change is EIP-6780, which makes the network simpler and more secure by optimizing a certain code (SELFDESTRUCT). They also removed unnecessary code from the Ethereum network and used a method called "precompiles" to make certain tasks on Ethereum faster and more efficient. With Ethereum currently experiencing a declining momentum, these updates should help it regain some vigor due to how they’ll help Ethereum run smoother and safer now. Ethereum token is holding in a weekly price range of $3,315.21 and $3,664.36 despite declining by 8.52% this past week. KangaMoon (KANG) Completes Its Fourth Stage Presale As It Raises Over $4M in Revenue Pioneering the first GameFi and SocialFi platform in the meme coin space, KangaMoon (KANG) is burgeoning as the token has seen an impressive growth rate that is beyond expectations. Still in its presale phase, KangaMoon has just completed the fourth stage and is now entering the 5th stage presale with a new price of $0.0196 for each $KANG tokens. The recent rise in KangaMoon token to $0.0196 from its initial price of $0.005, marks a 290% ROI for early buyers of the token. Due to its monumental growth, investors are increasingly flocking to KangaMoon as its community of registered members now surpasses 20,000 with an average of 5,000 KANG holders recorded. As KangaMoon begins the 5th stage of its presale to set the pace for its Q2 plans, the token has amassed over $4M in presale funding with analysts predicting that it could break the $5M funding milestone before the end of April. Apart from its financial allure, KangaMoon is also attracting investors and traders from both the meme coin and DeFi market due to its social media community earning incentive. While in its presale, the social media earning incentive grants new and existing users KANG token in return for sharing posts and commenting on KangaMoon social media pages. This side attraction is only a tip of the iceberg, compared to the battle contests, gaming challenges which grants you opportunities to claim tokens prizes and rewards as well as NFTs in the main KangaMoon ecosystem. Litecoin (LTC) Recovers From A Brief Downturn in Price Despite mostly maintaining a bullish and positive momentum this past week, Litecoin token still fell to volatility as the token couldn’t avoid declining below its weekly highs, almost reaching its weekly support of $91.40, however, Litecoin quickly regained stance as it managed to total a 9.41% rise while it holds in a weekly price range of $88.40 and $110.85. In the past month, Litecoin has also been able to rise by 11.82%. With Litecoin futures currently listed on Coinbase and Bitcoin halving incoming, Litecoin holders can expect a potential price increase. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://KangaMoon.com/ Join Our Telegram Community: https://t.me/KangaMoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 07, 2024 11:00 AM Central Daylight Time

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Bitwise Applies for Ethereum (ETH) ETF – Maker (MKR) and KangaMoon (KANG) Display Bullish Metrics

Kangamoon

Despite regulatory challenges, Bitwise Asset Management has taken a major step forward in the cryptocurrency market by applying to an Ethereum (ETH) Exchange-Traded Fund (ETF). However, the Bitwise CIO Matt Hougan argued that the SEC should delay the approval until December. As a result, traders and investors are now moving their attention towards Maker (MKR) and KangaMoon (KANG), which are displaying bullish on-chart metrics. By the end, we will see why these are the best crypto to invest in. Ethereum (ETH) Grows Following ETF Proposal – Price to Reach Over $5,000 Soon Bitwise is the latest asset management firm that has taken a step towards entering the crypto market, through applying for an Ethereum (ETH) ETF. The total year-to-date (YTD) climb for the crypto was at 83.3%. Moreover, during the past week, the Ethereum price also witnessed a significant uptrend where it went from a low point at $3,315.21 to a maximum value of $3,647.24. As a result, sentiment is bullish on its future of the Ethereum crypto, as many are projecting that it can spike to over $4,000 by Q4. However, according to the Ethereum price prediction, it can end 2024 at $5,407. Maker (MKR) Grows 445.4%- Price to Reach $5,850 by Q4, 2024 Maker (MKR) has also experienced substantial gains in its value, with a year-to-date (YTD) climb of 445.4%. Moreover, during the past 30 days, the total Maker price increase was by 82.7%. During the previous week, the Maker crypto also substantially spiked in value, where it went from a low point of $3,153.90 to a maximum value at $4,021.57, cementing it as one of the largest industry players. According to the Maker price prediction, the crypto can go well above the $4,000 price point, and can reach $5,850 by Q4, 2024. KangaMoon (KANG) Reaches Stage 5 of Presale – Price to Surge 5,000% KangaMoon (KANG) has experienced a remarkable level of growth and this can be attributed to its unique and rich feature-set that includes Social-Fi elements, Play-to-Earn (P2E) features and a community-driven approach. Moreover, the cryptocurrency can be used within its vast ecosystem in various ways. For example, players can earn it by battling one another or engaging in tournaments. By doing so they can then earn rewards. These come in the form of NFTs or KANG tokens. Any rare NFTs gained can then be sold or traded within the dedicated marketplace which is also a part of the platform. Recently, KangaMoon reached a major milestone as it entered Stage 5 of its presale, where its value spiked up 290%, as it increased from a starting value of $0.005 to $0.0196. Moreover, the crypto ICO also raised $4 million and can raise over $5 million by the end of the month. These aspects position KANG as one of the best new cryptos to buy into in 2024 and beyond, as it can spike 5,000% based on the latest projections. Summary Ethereum is getting a lot of attention due to news surrounding its upcoming ETF, and as more companies jump on the project. Its clear however that its not the only one to see growth, as while Maker is bullish, KangaMoon can see the most drastic price increase in the upcoming trading sessions. These aspects make KANG one of the best crypto to invest in. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://KangaMoon.com/ Join Our Telegram Community: https://t.me/KangaMoonofficial Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 07, 2024 09:00 AM Central Daylight Time

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Article thumbnail News Release

Over $1B Worth of U.S. Treasury Notes Tokenized – APT, LTC and KANG Top Altcoin Picks

Kangamoon

Join Our Telegram Community: https://t.me/KangaMoonofficial Over $1 billion worth of U.S. Treasury notes have now been tokenized on top of public blockchains. These are digital representations of bonds which can be traded as tokens on the blockchain, and as a result, interest in crypto investments has spiked. Out of the many cryptocurrencies available for trading, three have stood out the most, including Aptos (APT), Litecoin (LTC) and KangaMoon ( KANG ). To see which is the best crypto to invest in now, we will go over their on-chart data individually. Aptos (APT) Grows 30% and Can Surge Above $26 Soon Aptos (APT) has been a notable network which has reached significant growth during the past year, and this is evidenced from the year-to-date (YTD) climb of its native token by 25%. In the previous month alone, the Aptos price is up 30%, and at this rate could reach far more substantial gains. During the previous week, the Aptos crypto moved up in value from $15.12 to a maximum value at $19.23, putting it nearer than before towards passing the $20 price range. If it does so, it can reach new heights, and according to the Aptos price prediction, by Q4, 2024, it can reach $26.37. Litecoin (LTC) Breaks Above $100 – How Far Can It Move by Q4, 2024? Litecoin (LTC) is also showcasing signs of growth on the charts after a prolonged period of price-correction, as it's in the green zone across the 7-day, 14-day, 30-day and 1-year chart. Specifically, within the past two weeks, the Litecoin price spiked 25%. In addition, throughout the past week, the Litecoin crypto saw a major upswing from $88.40 to $110.85, and by passing the $100 price barrier, is now positioned to experience far more substantial gains. According to the Litecoin price prediction, it can end 2024 at $163.30. KangaMoon (KANG) Fuses Social-Fi Elements and Play-to-Earn (P2E) and Can Spike 80x KangaMoon (KANG) is a revolutionary platform that combines a community-driven approach with Social-Fi elements and Play-to-Earn (P2E) features to enable anyone the opportunity to get rewarded by interacting with the ecosystem. Specifically, each ecosystem participant can create their own character and battle one-another, or enter tournaments to win rewards. These come in the form of KANG tokens or rare non-fungible tokens (NFTs) which can later-on get sold on the dedicated marketplace. The presale has already raised over $4 million, and can raise $5.5 million by the end of April. In the meantime, the KANG token also spiked 290%, and at this rate is bound to reach far more substantial gains. According to the KangaMoon price prediction by analysts, it can spike by 80x following its launch and major exchange listing, making KANG the best crypto to invest in now. Summary With such a major level of appeal and attention going towards the crypto industry, its clear why Aptos and Litecoin initially gained a lot of momentum. But now, KangaMoon can pass them in terms of growth, as it is a presale-stage project with massive ROI potential for early investors who jump into it. These aspects position KANG as the best new crypto to invest in. Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today! Website: https://KangaMoon.com/ Integrating GameFi and Play To EarnEmbark on your quest for glory. Assemble your champions, engage in epic battles or bet on your favorite fighters to earn $KANG tokens and exclusive rewards. Gain control of rare NFTs, unlock exclusive content and build alliances with fellow gamers as you ascend the ranks and leaderboards. Disclaimer: The following disclaimer is important to read and understand before engaging with Kangamoon, a play-to-earn meme coin. By accessing or participating in any activities related to Kangamoon, you acknowledge and accept the terms outlined below: 1 No Financial Advice: This whitepaper and any associated content do not constitute financial advice, investment recommendations, or solicitation to purchase Kangamoon tokens. The information provided is for informational purposes only. It is your responsibility to conduct thorough research and seek professional advice before making any financial decisions. 2 Volatility and Risks: Cryptocurrencies, including Kangamoon, are volatile and subject to significant price fluctuations. Investing in or holding Kangamoon tokens involves substantial risks, including the possibility of total loss. Past performance is not indicative of future results. 3 Regulatory Compliance: The regulatory environment surrounding cryptocurrencies is evolving and varies across jurisdictions. It is your responsibility to ensure compliance with applicable laws and regulations in your country or region before engaging with Kangamoon. 4 Uncertain Market: The market for meme coins and play-to-earn platforms is highly speculative and subject to rapid changes. There is no guarantee of market demand, liquidity, or utility for Kangamoon tokens. Token values may fluctuate drastically and may not reflect the intrinsic value of the project. By continuing to engage with Kangamoon, you acknowledge and accept the risks and limitations outlined in this disclaimer. You should only participate if you fully understand and are willing to assume these risks. Contact Details Kangamoon marketing@kangamoon.com Company Website https://kangamoon.com/

April 07, 2024 03:13 AM Central Daylight Time

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