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Home Crypto News & Analysis Altcoins

Top analysts have these 3 Altcoins on their watch list

by Elena Garcia
June 5, 2024
in Altcoins
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Top analysts have these 3 Altcoins on their watch list
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SPONSORED post*

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.

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!

UnCirculars – Cutting through the noise, delivering unbiased crypto news

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Elena Garcia

Elena Garcia

A passionate advocate for the artistic potential of blockchain, Elena showcases the intersection of art and technology through NFTs and immersive experiences. She explores the creative use cases of decentralized technologies and provides insights into the burgeoning NFT market.

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