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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 predicted to rise significantly in this current bull cycle. Let’s find out why top analysts have these 3 altcoins on their watch list.
KangaMoon is one of the best altcoins to buy
Remarkably, KangaMoon (KANG) is an altcoin that is quickly gaining popularity. It just unveiled a major partnership with RaidSharks that will help it establish itself as a leader in the field. Players on KangaMoon will now have access to exciting raids and a monthly pool of $1,000 thanks to this development. Through this collaboration, community engagement will rise in the next Play-to-Earn (P2E) game.
KangaMoon’s game will use KANG as its main form of in-game money. KANG allows you to upgrade characters and purchase in-game items. Furthermore, KangaMoon revealed that it will offer exclusive challenges to all holders of the altcoin in exchange for additional rewards. Giving back to the community is one of KangaMoon’s other main priorities. Ahead of its official release, KangaMoon is currently giving away free KANG to the most engaged community members.
As a result, more than 32,000 registered community members are liking and sharing KangaMoon’s social media posts in a hurry. With more than $7.6 million raised during the ongoing presale, revenue is expected to reach $9 million before June 2024 ends. A KANG now costs just $0.025, a 400% increase over its initial cost. Given its connections to the P2E gaming market, which is expected to reach $8.86 billion by 2028, experts are optimistic about KANG.
Furthermore, the BitMart exchange said that KANG will be listed soon. The token is expected to continue to gain traction on other tier 1 CEXs, such as Binance and OKX. The KANG token is also expected to launch 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 with more than 28% within the last month. Additionally, the Ethereum price tested $4k in March before going into a two-month downtrend.
News of a spot ETF approval sent the cryptocurrency soaring past the $3,000 resistance zone and breaking away from the downtrend. Moreover, 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 $4k.
Binance Coin Price Prediction
By July 3, 2024, the Binance Coin price is expected to have increased by 18.53% to $747.03 based on the current Binance Coin price forecast. Technical indicators suggest that sentiment is currently bullish. Over the previous 30 days, Binance Coin had 14/30 (47%) green days and 1.79% price volatility. The Binance Coin forecast indicates that it is a favorable moment to buy Binance Coin.
The estimated annual low Binance Coin price forecast for 2025 is $629.25, based on Binance Coin’s historical price movements and BTC halving cycles. The Binance Coin price is expected to rise to $1,026.13 in the coming year. Right now, the price prediction for Binance Coin in 2025 ranges from $629.25 on the low end to $1,026.13 on the high end.
Comparing Ethereum, KangaMoon and Binance Coin: Which Will Pump First?
With a mere market cap of $25 million, KangaMoon is victorious in this crypto war. This suggests that unlike Ethereum and Binance Coin, KANG needs less fresh funding for the price to rise. KangaMoon is one of the best altcoins to buy as a result. If you’re interested, you can register for the presale by clicking 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
*This article is paid. Cryptonomist did not write the article or test the platform.
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