Crypto gold rush: Cryptos to buy before they continue rocketing in value
In the crypto market, some digital assets could be worth a fortune. Investing in reliable cryptos may bring about big riches. Here are the top five cryptocurrencies you should include in your portfolio if you want them to explode in price soon—KangaMoon (KANG), Solana (SOL), BNB (BNB), Core (CORE), and NEAR Protocol (NEAR).KangaMoon (KANG): The top crypto to invest in
On our top crypto coins list, KangaMoon (KANG) is in first place. This new project has grown quite a following, boasting over 20K community members and 5.8K holders of KANG. Also, its ongoing presale has already raised over $5M and is on track to reach $6M before April 2024 ends. This level of demand shows that KANG is a good crypto to buy.
KangaMoon aims to tap into the flourishing Play-to-Earn (P2E) gaming market, valued at $329M in 2022. It will accomplish this by creating a P2E game where you can earn rewards as you play. Its native token, KANG, will serve as the primary in-game currency to upgrade your characters, access exclusive challenges for extra rewards, and more.
Giving away free KANG tokens as rewards for active community involvement has worked wonders for creating engagement in KangaMoon. Members are actively participating across all social media platforms, liking posts and sharing them among their friends in hopes of obtaining KANG before it becomes officially available.
Currently, one KANG is worth just $0.0196 as it is in stage 5 of its presale. Early buyers are now enjoying a 290% ROI. However, analysts claim this is just the beginning. They forecast a 100x surge once a Tier-1 CEX lists KANG in Q2 of 2024. Given its ties to the P2E market, which is projected to reach $885M by 2028, the potential prospects of this projection are worth noting.
Solana (SOL): Among the best cryptos right now
Next, we will mention Solana (SOL) — another member of the top crypto coins that may skyrocket soon. CoinMarketCap data shows that the Solana price increased from $146 to $153 in the past week alone. In that time, its market cap also soared from $64.45B to $68.75B.
The technical analysis for the Solana crypto also paints a bullish picture. For example, Solana is trading above its 50 and 100-day EMAs. Because of this, market analysts have made a bullish Solana price prediction. They forecast a surge to $203 for Solana before Q2 of 2024 ends.
BNB (BNB): Amongst the top five cryptocurrencies
BNB (BNB) has also earned a spot on our top crypto coins list. CoinMarketCap data shows that the BNB price increased from $562 to $594 in the past 30 days. Its market cap jumped from $84.15B to $87.56B in that time. Crypto analyst Loma claims that BNB is a live dark horse with tremendous resilience.
Additionally, the BNB coin trades above its 100 and 200-day EMAs while 28 technical indicators are flashing green. As a result, experts in the crypto field foresee a rise to $702 before Q2 of 2024 in their BNB price predictions. This prediction makes BNB one of the best cryptos right now.
Core (CORE): A crypto rising by 330%
Core (CORE) commands the fourth position. This cryptocurrency has skyrocketed from $0.61 to $2.59 in the past 30 days alone, as per CoinMarketCap data. Furthermore, its market cap surged from $559M to $2.28B. This is a jump of nearly 330% on the price charts.
The technical analysis for the Core coin is also bullish, as 25 technical indicators are showing green. Not only that, Core is trading above its 21- and 50-day EMAs. Therefore, market analysts have made a bullish Core price prediction. They forecast a rise to $3.93 for Core within Q2 of 2024, making CORE one of the best cryptos to buy.
NEAR Protocol (NEAR): Trading in the green
Last but not least, we have to mention the NEAR Protocol (NEAR). This asset has emerged as a good crypto to buy since it has soared from $5.42 to $6.91 in the past seven days. NEAR Protocol’s market cap surged from $5.75B to $7.35B in that time. Crypto analyst Rafaela Rigo predicts that the NEAR Protocol price may soar by 20-22x this bullish cycle.
In addition, the NEAR Protocol crypto is trading above its 50—and 100-day EMAs. As 26 technical indicators show buy signals, experts remain bullish on the NEAR Protocol. In their NEAR Protocol price predictions, they foresee a jump to $9.36 before Q2 of 2024 ends.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
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This story originally appeared on: India Times - Author:Faqs of Insurances