Recently, CryptoGodJohn had something to say about the future of Ethereum (ETH). Meanwhile, KangaMoon (KANG) and Binance Coin (BNB) are making a name for themself as notable altcoins. While you may be familiar with BNB, KANG is a rookie soon to enter its presale. Some analysts have even pegged it as the next 100x meme coin in 2024.
Crypto analyst CryptoGodJohn had some positive words for Ethereum (ETH). According to his new tweet, he awaits a big breakout for this altcoin. In terms of the Ethereum price movement, it has grown from $2,207 to $2,311 in the last week alone. Its market cap jumped from $267B to $277B during that time.
From a technical perspective, this uptrend may continue. Over 21 technical indicators are now green for Ethereum. Because of this, market analysts remain bullish on ETH. They forecast a potential price surge to $2,454 before the end of February 2024.
KangaMoon (KANG) is a community-driven meme coin that has captured the attention of many. A big part of this is their dedication to fostering a vibrant community of meme enthusiasts. At its core, KangaMoon will combine Social-Fi and play-to-earn (P2E) elements in one game.
The native token KANG plays a significant role within KangaMoon. It’s used for in-game transactions, character enhancements, and more. KANG holders will not have to wait until launch to begin to earn additional tokens. They can participate in weekly, monthly and quarterly challenges which will let them stockpile extra tokens.
Currently, KangaMoon is preparing to launch the KANG presale. At the start of this crypto ICO event, the KANG price will be just $0.005. But, remember that in 2022, Yahoo Finance valued the P2E NFT Games market at $3292.73M. As KangaMoon enters this market, it believes that its features alone will set it apart from competitors.
Therefore, experts in the crypto field predict that once exchanges list this meme coin in Q2 of 2024 – a 100x surge will occur dethroning popular memecoins Shiba Inu and Dogecoin. This makes KANG one of the top community-driven meme coins to watch.
Meanwhile, Binance Coin (BNB) has recently been showing green. CoinMarketCap data indicates that the Binance Coin price has jumped from $297 to $311 in the past week alone. Its market cap has increased from $44B to $46B in that time.
The sentiment for this altcoin is also bullish, with a Fear & Greed index rating of 61 (Greed). Additionally, all 28 technical indicators are flashing green for Binance Coin. Because of this, market analysts have made a bullish Binance Coin price prediction. They foresee its value reaching $487 before the end of February 2024.
Currently, KangaMoon has a market cap of $5M. Put up against the $277B Ethereum and $46B Binance Coin, it’s shown that KANG has excellent potential to outpace them. To clarify, a lower market cap means less new money would need to be pumped in for a surge in price. Therefore, KANG is the meme coin to monitor.
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