Ethena (ENA) and Chainlink (LINK), two of the most famous altcoins, have been trading in the green. All this while various traders look at KangaMoon (KANG) excitedly because it could have a mighty bull run. Certain analysts hint that this Stage 5 presale star may even soar by 50x in 2024. Let’s see why.
Recently, Ethena (ENA) has been showing tremendous gains. CoinMarketCap data shows that the price of ENA increased from $0.63 to $0.89 in the past 30 days alone. In that time, the Ethena market cap surged from $789M to $1.27B. This surge can be attributed to Coinbase announcing the listing of ENA perpetual futures.
If we look at the Ethena coin’s technical analysis, this bullish trend is projected to continue. For example, there are now six technical indicators in the green for this altcoin. Thus, market analysts have made a bullish Ethena price prediction. They forecast a potential surge to $1.24 for ENA within Q2 of 2024.
Meanwhile, Chainlink (LINK) has also been making headlines as one of the altcoins to watch. According to CoinMarketCap data, this altcoin’s price saw a minimum level of $12.19 and a maximum of $19.25 over the past 30 days. In that time, the Chainlink market cap also fluctuated between $11.22B and $8.20B.
However, crypto analyst Ali Martinez remains bullish as he predicts a rise to $15.50 for LINK as its TD Sequential signal is flashing green. Additionally, the Chainlink crypto is trading above its 100 and 200-day EMAs. Because of this, experts in the crypto field foresee a rise to $21.21 before Q2 of 2024 ends in their Chainlink price predictions.
As everyone talks about ENA and LINK, KangaMoon (KANG) is in the spotlight because it may experience a powerful upward price movement. Currently, this rising presale sensation has soared by 290% while also obtaining over $6M. This number is projected to reach $7M before May 2024 ends as global traders are gravitating towards this altcoin.
Recently, KangaMoon announced a major partnership with RaidSharks, which will bring thrilling raids and a $1,000 monthly reward pool for its community. This development shows KangaMoon’s community-driven focus. In addition, KangaMoon is now rewarding its most active members with free KANG tokens before its official launch.
The KANG token will be vital in KangaMoon’s upcoming P2E game. With this altcoin, anyone may purchase in-game items and upgrade their characters. Plus, KANG holders get exclusive access to weekly/monthly/quarterly challenges for extra tokens and in-game items. They may even sell these items on the KangaMoon marketplace.
Currently, one KANG costs just $0.0196 since it is in Stage 5 of its presale. This is a 290% pump from its starting price of $0.005. However, experts point to the fact that it has ties to the P2E gaming market, which may reach $885M by 2028. As a result, they foresee a bright future ahead for this altcoin, with its value jumping by 50x once a Tier-1 CEX lists it in Q2 of 2024.
The difference between KangaMoon, Ethena and Chainlink lies in their market caps. For example, KANG has only $19.6M, while its peers are way higher. This means that KANG needs fewer new funds for its price to surge. If you want to buy one of the top altcoins, follow the links below and obtain a 10% bonus.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
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