Bitcoin Cash (BCH) and Solana (SOL) altcoins have recently witnessed a remarkable price jump over the past month. Meanwhile, the KangaMoon (KANG) presale project raised $4.4 million and is now eyeing more as it enters stage 5. As a result, experts’ sentiments are massive surrounding these three cryptocurrencies as the best altcoins to invest in 2024.
Bitcoin Cash price has experienced a substantial climb, which has resulted in investors’ and traders’ heightened interest in the crypto. Over the past month, the price of Bitcoin Cash witnessed a bounce of about 44%, and within a week, Bitcoin Cash was up by over 13% to trade at $655.
The current spike in value is attributed to its recent halving event, which has renewed investor interest and on-chain activity. According to CoinMarketCap data, Bitcoin Cash’s market capitalization is currently at $12.8, with a 24-hour trading volume of $1.7. Analysts are optimistic about Bitcoin Cash as the Bitcoin halving event nears.
Solana’s price performance has been resilient, steadily rising amid the previous correction. Over the past month, the price of Solana gained ground by roughly 39% to trade at $185. Impressively, Artemis data shows that Solana’s stablecoin supply has bounced 55% in the last three months to reach $3.12 billion.
Moreover, Solana’s stablecoin transfer volume has also witnessed a remarkable surge of 164%, reaching $1.4 trillion. The new numbers reflect the increased activity on the Solana Crypto network. With this view, many Solana price predictions remain bullish in the coming weeks.
Although Bitcoin Cash and Solana are trading in the green, KangaMoon is turning investors’ heads with its impressive presale performance in the altcoin market. For context, KangaMoon has increased in value to $0.0196, marking a 290% jump from its initial price of $0.005. Moreover, it has raised $4,463,830.183, targeting the $4,500,000 mark by end of this week.
As a platform, KangaMoon introduces SocialFi, a play-to-earn (P2E) element, alongside community-driven approach features. Users can control a KangaMoon character, engaging in battles or playing matches. Afterward, they get rewarded with KANG tokens or other rare NFTs that can be sold in the marketplace later.
Moreover, KangaMoon’s active community members will also be rewarded with free KANG tokens before the official launch. Those who like/share/comment on KangaMoon’s social media posts will receive free KANG. As the P2E concept is gaining popularity, it’s expected to expand the NFT game market at a CAGR of 17%. This captures what value this market could bring to KangaMoon and its investors.
In addition, KangaMoon’s plans to get listed in Tier 1 CEX in Q2, and could further propel it for astronomical growth. Demand for the KANG token is so high that analysts see the token hitting $0.5 after this listing. In its final presale stage, the KANG token is priced at $0.0196. Now is the best time to purchase KangaMoon to experience upside potential.
KangaMoon has been making waves in the altcoin space, captivating traders and investors alike. With a small market capitalization of $14 million, KangaMoon can easily double its value. The token requires fewer new funds to trigger an upswing in its value, easily outshining Bitcoin Cash and Solana in terms of growth potential.
Discover the exciting opportunities of KangaMoon Presale today!
Website:https://Kangamoon.com/
Join KangaMoon Community:https://t.me/Kangamoonofficial
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