Crypto Analysts Bullish for the top 5 best cryptos to buy in 2024
Many altcoins are expected to surge even ahead of the bitcoin halving event in a few days. However, contrary to general expectations, the markets haven't delivered up to expectations. Regardless, some cryptocurrencies, including NEAR Protocol (NEAR), Dogecoin (DOGE), Toncoin (TON), Ripple (XRP), and KangaMoon (KANG), have been trending because of their potential to surge in the coming days.NEAR particularly strives to regain momentum, while DOGE and TON exhibit promising potential in their price charts. Despite slow trading, XRP aims for long-term gains, while KangaMoon with its presale success, is in the news headlines, offering its token as one of the top cryptos to buy for high rewards. With their unique strengths and growing popularity, these tokens present several enticing investment options, making them the top choices for savvy investors looking to diversify their portfolios in April 2024.
KangaMoon (KANG) shatters past presale records as it nears the $5 million
KangaMoon (KANG) has made several headlines due to its dazzling performance in the presale phase, where it offers new investors a 10% welcome bonus on every purchase. It has already yielded a remarkable 290% return on investment (ROI) for early buyers, with more to come as it progresses through the other presale phases. Having raised over $4.7M in the fifth stage, analysts predict that KangaMoon could surpass the $6M funding milestone by the end of April.Beyond financial gains, KangaMoon offers genuine utility through its Play-to-Earn (P2E) gaming ecosystem. Dubbed ‘Kangaverse’, the gaming ecosystem accommodates users from all over the world. Here, participants can create their own unique in-game characters and engage them in battle contests. Likewise, non-players can participate in other activities, such as speculative betting and earn rewards while at it.
Meanwhile, the native KANG token serves as the primary currency within the Kangaverse, allowing users to purchase unique in-game items as well as to enhance their gaming experience. While victors are also rewarded in KANG tokens, they can decide to trace them in the dedicated marketplace alongside other valuable collectibles, all of which can be translated into real world values.
Currently priced at just $0.0196, during its fifth presale phase, KangaMoon is experiencing high demand, with over 6,000 individuals already holding KANG tokens. Furthermore, experts anticipate a significant price surge of up to 10x when KANG is finally listed on top-tier Centralized Exchanges in the second quarter of 2024. Considering its connection to the booming P2E gaming market, KangaMoon is certain to rank among the top meme coins for investment this April.
Will Near Protocol (NEAR) reach $10 in Q2 of 2024?
The price of the NEAR Protocol has been struggling to regain its monthly and yearly high of around $8.9. In the past 30 days, Near Protocol has traded between $7.62 and $6.56, reflecting a nearly 12% decline. This market downturn has extended into the recent week as the cryptocurrency has further dipped by almost 7%.Meanwhile, experts believe that the token has the potential to rebound if it consolidates above $7, with a possibility of reaching its previous peak of $8.9 during the next bull run. NEAR protocol’s recent price movement, particularly after surpassing $6.5, indicates further upward potential. If stability is maintained and trading activity in the NEAR Protocol network increases, the price could potentially reach $10.
Crypto analysts Satoshik bullish for Toncoin (TON)
A few days back, Crypto analyst Satoshik stated in an X post that the price of Toncoin (TON) has risen to $6, showing the unstoppable growth of the TON ecosystem. In the monthly chart, Toncoin surged by 67% after trading around $3.4 to $7.6 Its weekly price, the price of Toncoin, increased by 37.79%, trading around $5.2 to $7.6.Now, Satoshik mentioned that the price of TON cryptocurrency has risen above $7. While the analyst anticipates that the price will reach even higher prices, likely $10, the Toncoin community is watching closely to see if that price mark will occur soon. In other news, Toncoin is making moves to see new price highs as it teams up with HashKey Group to make cryptocurrency and Web3 tech more accessible through the TON Ecosystem.
Is a bull run on the horizon for Dogecoin (DOGE)?
Dogecoin (DOGE) is known for its strong community backing in the meme coin market, placing it among one of the top cryptos to buy in 2024. It gained attention during the 2021 bull market, especially after Elon Musk's famous tweets, reaching a high of $0.58, a massive increase of over 35,641.75%.While it has subsequently declined, Dogecoin has recently embarked on another bull run, rising by over 16% in the past week alone and trading between $0.17 and $0.20. Similarly, the price of Dogecoin increased by nearly 17% in the monthly outlook, trading from $0.1 to $0.2. Following recent meme market rallies, speculation is high that it might reach its 2021 peak again.
Is Ripple (XRP) likely to see its previous price peaks?
Even though Ripple (XRP) has been trading slowly lately, it has mostly been on the rise in the long term. The price is trying to regain its lost momentum, showing buyers that it is getting to new highs soon. Despite the monthly chart showing a 13% drop, it went up by merely 6% in the past week before it subsequently dipped.However, the native XRP token still holds on to about 3% of its weekly gain, trading within a weekly price range of $0.57 and $0.60. Meanwhile, it took Ripple over a year to go up over $0.8 before settling in its current level, around $0.6. This simply suggests that the price of the XRP token has the potential to continue rising throughout the year, with limited influence from broader market conditions, as it aims to reclaim the $0.8 level.
Why KangaMoon takes the top spot?
These five top cryptos, including NEAR Protocol, Dogecoin, Toncoin, Ripple, and KangaMoon, offer users diverse market options and features. While Near Protocol and Ripple struggle with fluctuations, Dogecoin and Toncoin are climbing steadily in their charts.However, in what appears to be a standout performance, KangaMoon beats old records having secured over $4.7 million in presale funding and is aiming for $6 million before the end of the current stage. With huge returns of over 290% for investors, KangaMoon is fast becoming a top crypto to buy, especially for those looking for profitable presale projects.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
Website: https://KangaMoon.com/
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This story originally appeared on: India Times - Author:Faqs of Insurances
