As the crypto market welcomes a new growth phase, everyone is looking for the next best cryptocurrency to invest in. With so many available options, it’s quite challenging to identify which one holds the most promise. With the bull run taking place, it is crucial to take note of the standout performers that might shape the market in 2024, including NEAR Protocol (NEAR), Pepe (PEPE), Cosmos (ATOM), Floki (FLOKI), and KangaMoon (KANG).
KangaMoon, a new crypto, has been making waves lately thanks to its outstanding potential to become a major force within the crypto industry. This unique crypto has already attracted more than 20,000 active users and raised more than $6M in its presale stage.
Potential 700% ROI: Get in Early on KangaMoon (KANG) Before Potential CEX Listing
KangaMoon (KANG), a unique crypto, has been making significant waves within the crypto market. With anticipation surrounding the possibility of KangaMoon’s main token, KANG, possibly being listed across exchanges within the coming weeks, analysts believe that a 700% rally might be possible before the listing.
In the meantime, early KANG buyers have witnessed a 290% ROI as the KANG token price rose from its initial starting price of just $0.005 to $0.0196 in stage five of the presale. Moreover, KangaMoon has also managed to attract more than 20,000 registered users to its platform, cementing its outstanding capability as one of the top crypto coins.
Due to KangaMoon’s outstanding performance, experts believe that it might follow some of the most successful cryptos trajectories, foreseeing a 100x rally soon. If this price prediction for KangaMoon turns into reality, then this crypto will start rivaling some of the top cryptos, including Pepe and Floki. Moreover, with the gaming market having over $176 billion worth, investing in this crypto might turn your investment into millions within a short span, making KangaMoon a top crypto to invest in.
Additionally, KangaMoon’s approach of combining SocialFi and GameFi models to offer users a unique gaming experience sets it apart from the rest of the gaming platforms. Here, users can engage in different challenges, either weekly, monthly, or quarterly, and win great rewards. To spice up the fun, KangaMoon also partnered with RaidSharksBots.
NEAR Protocol (NEAR) Trends and Price Hurdle
The price of NEAR Protocol (NEAR), which has been trading at around $6.22 according to CoinMarketCap, managed to gain 7.16%, indicating a potential surge. However, over the past month, the price of NEAR coin dipped slightly by just 1.07%. With an impressive six-month surge of over 418.20%, NEAR Protocol is set to undergo a long-term uptrend move. Despite the price of NEAR undergoing a short-term corrective, as it navigates the 10-day moving average of $6.92 and the 100-day average of $7.11, the price prediction for NEAR Protocol is still on the positive as analysts believe that it will regain its surging momentum soon.
For NEAR, its prediction features a mixture of optimism and caution. The NEAR Protocol coin faces its next hurdle at its resistance level of $8.31. If the price of the NEAR Protocol coin manages to break past this level, then the $9.61 level will also matter. With solid support at $5.71, NEAR has a safety net, with a further backup at $4.41. The NEAR Protocol RSI also nears 36.96, pointing out less buying while hinting at a potential turn round of cool-off. Moreover, the NEAR Protocol coin’s Stochastic value of 10.20 indicates that the NEAR coin will need to gather more strength for a positive next move.
Pepe (PEPE) Records Massive Surge Amid Coinbase Announcement
Just a few days after Coinbase announced its unveiling support for the Pepe perpetual future listings across its ecosystem, Pepe coin managed to witness a massive surge. While most attribute the price rally of Pepe coin to whale accumulation, many believe that the massive interest in meme tokens might be the reason behind the rally.
The price of Pepe managed to increase by 52% within the past week. Additionally, Pepe coin trading volume and also market cap underwent a surge, which is a clear indication of massive confidence in the PEPE token. Pepe’s price is also just 26% from hitting its all-time high record, which is $0.00001070, which was set in March. Trading at around $0.000006721 according to CoinMarketCap, analysts have predicted a positive price prediction for Pepe, making it one of the best crypto to invest in.
Cosmos (ATOM) Set To Bounce Back to its Surging Momentum
The price of Cosmos (ATOM) has been going through a dip of around 35.81%over the past month. This dip was also witnessed in the past week, where the Cosmos price dipped by 8.23%. However, despite this, Cosmos’ monthly trading data witnessed a 1.20% gain. Trading at around the $7.72 mark, according to CoinMarketCap, indicators suggest that Cosmos price movements are mostly corrective, as indicated by the Relative Strength Index of 34.43. This is an indication that the ATOM coin is within the overbought region. A 17.40 Stochastic also indicates a potential price bounce as it nears its oversold region.
Looking into the future of Cosmos, current indicators seem to outline a mixed outlook. On the other end, the MACD level being in the negative implies a continued dipping trend in the price of Cosmos coin, while the coin’s proximity to an oversold region suggests a potential recovery option. If ATOM manages to move past its resistance level of $9.71, then its next target might be $10.95. However, if Cosmos coin falls below its support region of $7.24, then the price of ATOM coin might fall to test its second support level of $6.00. This means that traders have to be keen on the coin’s ability to stabilize and triggers that might influence a better rebound or a further decline in the price of Cosmos.
Revolut Listing Boosts Floki (FLOKI) Price
Revolut, the biggest neobank and retail trading application in Europe, recently added Floki to its platform. This move has caused the price of Floki to surge in the past few days, with many traders maximizing the buying opportunity.
With such an announcement, Floki’s price increased by 47% within the past week. Investors’ confidence in Floki is also high, as the trading volume continues to witness an average daily increase of around 15%. According to CoinMarketCap, trading at around $0001550, the market sentiment for the price of Floki coin remains bullish, making Floki one of the top crypto coins to invest in. Additionally, analysts still hold a positive price prediction for Floki despite its current dip in the market.
Conclusion
Looking into the 2024 crypto market, NEAR Protocol, Pepe, Cosmos, and Floki might not shine that much in the short term. However, the standout is KangaMoon, which is poised to undergo significant growth and might potentially outshine the others, answering the question of which crypto to buy today for long-term gains.
Discover the exciting opportunities for the KangaMoon (KANG) presale today!
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