A review of the trends of top crypto projects in the crypto industry shows that Solana (SOL) will be shutting its telegram bot called Solareum after suffering a notable breach that resulted in over $500,000 exploit. On the other hand, Polygon (MATIC) is looking to add another node to its zkEVM scaling protocol. Meanwhile, KangaMoon (KANG) is on course to reach a new milestone amid the consistent growth of the meme project’s presale.
Solareum Trading Bot on Telegram to Seize Operation
A trading bot that facilitates the trading of Solana-based tokens on Telegram, known as Solareum will be shut down. This is following a security breach that saw over $523,000 worth of Solana coins stolen from the user’s wallet on March 29th. Over 300 users are estimated to have fallen victim to the exploit.
Responding to the breach on X, Solareum refuted the allegations from users, suggesting that they were responsible for the exploit. Meanwhile, the tweet admitted that there may be a chance that they got exploited prior to the drain.
New Node Will be Added to Polygon (MATIC) zkEVM Out for Testing
Polygon (MATIC) will be adding the cdk-erigon RPC node to its zkEVM mainnet in a move that is calculated to enhance the performance and sync times for the Polygon network. According to a tweet from Polygon Foundation on X, the integration of the cdk-erigon RPC node on the Polygon network will bring over 10x less disc space and 150x faster sync times.
This development can be attributed to Polygon’s move to ensure a more steady network and less outage in the future. Currently, the RPC node is undergoing tests before its full implementation on the Polygon network.
KangaMoon (KANG) Raises $4 Million in Overall Presale Funds as Project Enters Stage 5
Following the steady rise of the KangaMoon’s (KANG) presale, the top crypto coin has raised $4M so far in presale. With over 5,800 investors buying the KANG’s presale, the token has entered stage 5 of the presale.
Notably, over 20,000 members have registered on the KangaMoon platform, making the project one of the top-performing projects on the blockchain. Meanwhile, the KANG token has generated over 290% ROI for early investors. At the current trajectory, the token is likely to see a 700% growth before the end of the presale. This makes KangaMoon one of the top crypto projects to invest in now.
Meanwhile, the KANG token is sold for just $0.019 with a 10% deposit bonus attached. This represents cheap crypto with exponential growth potential. The team has announced plans to list the token in a major CEX exchange in Q2 and that has led to analysts projecting a 50x rally in the coming months. Meanwhile, members can earn the KANG token by engaging in KangaMoon’s social media campaigns.
As a platform, KangaMoon facilitates the meeting and interaction of meme enthusiasts through the SocialFi structure. Similarly, the GameFi feature spices things up with its immersive play-to-earn gaming adventure that rewards players with NFTs, collectibles and the KANG token. Conclusively, KangaMoon is the next-rated platform for investment and interaction.