Altcoins
Top Analysts Have These 3 Altcoins on Their Watchlist
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As investors are constantly on the lookout for crypto gems, top analysts have identified some of the best altcoins to buy. These altcoins include Ethereum, Binance Coin, and KangaMoon as they are expected to rise significantly in the current bull cycle. Let’s see why top analysts have these 3 altcoins on their watchlist.
KangaMoon is one of the best Altcoins to buy
Remarkably, KangaMoon (KANG) is an altcoin that is quickly becoming famous. It has just revealed a major partnership with RaidSharks which will help it establish itself as a leader in the field. KangaMoon players will now have access to exciting raids and a monthly prize pool of $1,000 with this development. Through this collaboration, community involvement in the upcoming Play-to-Earn (P2E) game will increase.
KangaMoon’s game will use KANG as the main form of money in the game. KANG allows you to upgrade your characters and purchase in-game items. Additionally, KangaMoon revealed that it will offer exclusive challenges to all holders of the altcoin in exchange additional rewards. Giving back to the community is one of KangaMoon’s other top priorities. Ahead of its official release, KangaMoon is currently offering free KANG to the most engaged community members.
As a result, more than 32,000 community members who signed up are eager to like and share KangaMoon’s posts on social media. With over $7.6 million raised during the current pre-sale, revenue is expected to reach $9 million before the end of June 2024. One KANG now costs just $0.025, a 400% increase from its initial cost. Given its ties to the P2E gaming market, which is expected to reach $8.86 billion by 2028, experts are optimistic about KANG.
Furthermore, the BitMart exchange stated that KANG will be listed soon. The token is expected to continue gaining traction on other Tier 1 CEXs, such as Binance and OKX. The KANG token is also expected to be launched on the Uniswap exchange. KangaMoon has already been added to CoinGecko and CoinMarketCap in the meantime.
Ethereum Price Chart Analysis
Ethereum (ETH), the second largest cryptocurrency after Bitcoin with a market cap of $457.7 billion, started the day at $3,778 and is currently trading at $3,810. With a strong upward trend, the Ethereum price is currently up over 28% over the past month. Additionally, Ethereum price tested $4,000 in March before embarking on a two-month downtrend.
News of the approval of a spot ETF propelled the cryptocurrency beyond the $3,000 resistance zone and broke away from the downtrend. Additionally, the Ethereum price chart reveals that the altcoin has been trading between $3,750 and $3,950 since the ETF news caused a sharp price increase. Ethereum has created a flag pattern on the daily chart in one possible scenario. A target 20% above the current price could be indicated by a daily close above $4,000.
Binance Coin Price Prediction
By July 3, 2024, Binance Coin price is expected to have increased by 18.53% to $747.03, based on the current Binance Coin price prediction. Technical indicators indicate that sentiment is currently bullish. Over the previous 30 days, Binance Coin had 14/30 (47%) green days and Price volatility of 1.79%. Binance Coin forecasts indicate that this is a favorable time to buy Binance Coin.
Binance Coin’s estimated annual low price prediction for 2025 is $629.25, based on Binance Coin’s historical price movements and BTC halving cycles. Binance Coin price is predicted to rise to $1,026.13 in the coming year. Currently, Binance Coin price predictions in 2025 range from $629.25 for the low to $1,026.13 for the high.
Comparison of Ethereum, KangaMoon and Binance Coin: Which will pump first?
With a meager market capitalization of $25 million, KangaMoon triumphs in this crypto war. This indicates that, unlike Ethereum and Binance Coin, KANG requires less new funding for its price to increase. KangaMoon is therefore one of the best altcoins to buy. If you are interested, you can register for its presale by clicking on the link below.
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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