Altcoins
KangaMoon Prepares to Surpass Fetch.ai and Optimism in Altcoin Market Showdown
KangaMoon (KANG) is an emerging altcoin poised to shake things up and eclipse Fetch.ai and Optimism, which have already gained popularity. Analysts have identified this Stage 5 presale star as the next $1 altcoin in 2024. Today, we will determine the future of these three altcoins.
KangaMoon (KANG): among the best Altcoins to buy
KangaMoon (KANG) has attracted interest from traders around the world with its outstanding pre-sale performance. Notably, this pre-sale star has already raised over $6.2 million and could reach $7 million before the end of May 2024. Additionally, it has provided early buyers with a 290% ROI, demonstrating the growth potential of the KANG altcoin.
KangaMoon will tap into the Play-to-Earn (P2E) games market by launching its own P2E game. In it, players will use the KANG token for many different purposes. For example, anyone can purchase in-game items or even upgrade their characters with this altcoin. Additionally, KangaMoon will offer KANG holders exclusive challenges for additional rewards.
However, what sets KangaMoon apart from other altcoins is its SocialFi aspect. For example, KangaMoon is now offering the most active users free KANG tokens before its official launch. This development resulted in over 20,000 people registering as community members and liking/sharing KangaMoon’s posts on social media.
One KANG only costs $0.0196 since it is at stage 5 of its presale, an increase of 290% from its starting price. However, its long-term growth potential is excellent thanks to its ties to the P2E gaming market, which could reach $885 million by 2028. In fact, experts predict a rise to $1 once a Tier 1 CEX will list this altcoin in 2024.
Fetch.ai token supply to increase
Recently, Fetch.ai (FET) has been making headlines in the altcoin space. Notably, Fetch.ai announced that the FET token supply will be increased to support the upcoming ASI token merger. This will allow Fetch.ai to create 1,477,549,566 FET tokens.
Fetch.ai’s price movement has increased by 580% in the past year alone and its market cap is currently $1.75 billion. Additionally, the Fetch.ai crypto RSI and MACD indicators show buy signals. For this reason, experts have made a bullish prediction for the price of Fetch.ai, reaching $2.49 before the end of the second quarter of 2024. This makes Fetch.ai one of the altcoins to watch.
Optimism (OP) announces partnership with Base
Meanwhile, Optimism (OP) is also climbing the altcoin list with exciting developments. For example, Optimism announced that he would team up with Base to bring back Onchain Summer. It will provide 600,000 OP to incentivize creators to rely on the Superchain.
This development could spark a rally for crypto Optimism. On the year-to-date chart, Optimism’s price has increased by 36% while its market capitalization has remained at $3.01 billion. Optimism’s technical analysis also paints a bullish picture, as 17 technical indicators are green. Thus, analysts predict that optimism will reach a value of $3.26 in the second quarter of 2024.
Can KangaMoon overtake Fetch.ai and Optimism?
KangaMoon’s market capitalization is $19.6 million, which is relatively low compared to Fetch.ai and Optimism. Therefore, it does not need a lot of new funds for its price to increase dramatically. This gives KangaMoon an advantage over other altcoins as this characteristic makes it very attractive to those looking for high returns.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
Website: https://Kangamoon.com/
Join our Telegram community: https://t.me/Kangamoonofficial
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