In cryptocurrency, traders always want to discover the next big thing. As Bitcoin (BTC) sees some woes, they are focusing on altcoins. Today we will discuss the five leading altcoins that will skyrocket in 2024: KangaMoon (KANG), Render (RNDR), Athena (ENA), Ondo (ONDO) and Fetch.ai (FET). Let’s dive into the details of each.
KangaMoon (KANG): The Best Overall Altcoin
First on our list of top altcoins is KangaMoon (KANG) – a unique crypto with ties to the thriving Play-to-Earn (P2E) gaming market. According to Yahoo Finance, this market is expected to reach $8856M by 2028 and KangaMoon could become a dominant force. It will achieve this by launching its own P2E game soon.
In this game, KANG will serve as the main currency in the game. Users can upgrade their characters and buy in-game items with this altcoin. Keeping KANG also gives you access to exclusive weekly/monthly/quarterly challenges for extra rewards. These perks are attractive as more than 6,000 people now own this altcoin.
But what makes KangaMoon stand out in the altcoin space is its SocialFi aspect. To clarify, KangaMoon is now offering its most active community members free KANG tokens before its official launch. That’s why more than 20,000 registered community members are now rushing to like/share KangaMoon’s social media posts.
Currently, this altcoin is worth only $0.025 in the bonus stage of its presale. Its performance has been stellar, as early buyers have experienced over 400% ROI. But this percentage is likely to increase as experts foresee a 100x surge once a Tier-1 CEX KANG lists in Q2 of 2024. With this move, KangaMoon emerges as one of the best altcoins to buy in 2024.
Gee (RNDR): Among the Altcoins to Watch
Next, we need to call Render (RNDR). CoinMarketCap data shows that the Render token value has increased by more than 500% in the past year alone, while its market cap is at $4B. This bullish trend is sure to continue, as Apple recently mentioned Octane—Render’s 3D design software—in its keynote presentation.
The technical analysis for this altcoin also shows a bright future ahead. For example, the Render coin is trading above its 50- and 100-day EMAs while boasting 25 green technical indicators. Experts therefore remain positive for Render. They foresee a rise to $15.30 for RNDR before Q2 of 2024 ends – making it one of the best altcoins.
Athena (ENA): Big partnerships could cause a rally for this Altcoin
Athena (ENA) is an altcoin worth watching in 2024. This crypto has been trading in the green as CoinMarketCap data shows a 30% jump in the past 12 months. There have been some positive developments recently, such as Athena’s announcement of a significant partnership with Bybit. In particular, Bybit has integrated USDe as a collateral asset for derivatives trading.
As for the technical analysis of the Athena coin, a bullish future is ahead. For example, there are 13 technical indicators in the buy zone for Athena. As a result, market analysts remain positive for this altcoin. In their price predictions, Athena could grow to $1.30 within Q2 of 2024. As a result, Athena is a member of the top altcoins.
Ondo (ONDO): Another Altcoin trading in the green
In the second-to-last place we will mention Ondo (ONDO). This altcoin has been on an upward trend recently, as CoinMarketCap data shows. Notably, the Ondo coin value rose by 400% on the YTD chart, while maintaining its market cap at $1.15B. This momentum could continue with Zebec announcing that it will partner with Ondo to integrate USDY functionality into the Zebec card.
The technical analysis of Ondo also supports this statement. Currently, more than 15 technical indicators are showing green for this altcoin. Due to all these reasons, experts in the crypto field predict that Ondo will trade at $1.18 before the second quarter of 2024 ends.
Fetch.ai (FET): An Altcoin with a good growth potential
Last but not least, we will discuss Fetch.ai (FET). According to CoinMarketCap data, this altcoin’s price has grown by more than 800% in the past 12 months. This upward trend is likely to continue as Fetch.ai has announced that it has integrated Meta’s Llama 3-8B into its network. With this development, the Fetch.ai AI agents become more intelligent and responsive.
Additionally, the Fetch.ai coin’s technical analysis is showing green. For example, it is trading above its 100- and 200-day EMAs while having 24 technical indicators in the buy zone. These factors have made market analysts very positive about this altcoin. They anticipate that Fetch.ai will reach a value of $3.34 before the second quarter of 2024 ends.
What is an Altcoin?
Essentially, any cryptocurrency other than Bitcoin is an altcoin. It was created to address the perceived limitations of Bitcoin or to offer other uses. Many of them have the potential to disrupt entire industries and are gaining traction in the crypto market.
Should You Buy Altcoins in 2024?
Early adoption: Buying promising altcoins during their early stages, such as KangaMoon, can yield huge returns if the project gains traction.
Diversification: Altcoins offer another way to earn money and reduce risks.
High Return Potential: Many altcoins have the potential for significant price appreciation.
Closure
These top altcoins could see tremendous growth in 2024. However, KangaMoon stands out because it has a low market cap of $25M. This means that it will rise faster than Render, Athena, Ondo and Fetch.ai because it needs less new funds. If you want to buy a potential future member of the top 10 altcoins, sign up for the KANG presale using the links below.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
Website: https://Kangamoon.com/
Join our Telegram community: https://t.me/kangamoonofficial
Disclaimer for Uncirculars, with a Touch of Personality:
While we love diving into the exciting world of crypto here at Uncirculars, remember that this post, and all our content, is purely for your information and exploration. Think of it as your crypto compass, pointing you in the right direction to do your own research and make informed decisions.
No legal, tax, investment, or financial advice should be inferred from these pixels. We’re not fortune tellers or stockbrokers, just passionate crypto enthusiasts sharing our knowledge.
And just like that rollercoaster ride in your favorite DeFi protocol, past performance isn’t a guarantee of future thrills. The value of crypto assets can be as unpredictable as a moon landing, so buckle up and do your due diligence before taking the plunge.
Ultimately, any crypto adventure you embark on is yours alone. We’re just happy to be your crypto companion, cheering you on from the sidelines (and maybe sharing some snacks along the way). So research, explore, and remember, with a little knowledge and a lot of curiosity, you can navigate the crypto cosmos like a pro!
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