Making crypto investments typically involves a high level of understanding of the market movements and overall momentum of the industry. Keeping up with trends is essential as well, and by remaining in the loop, investors and traders can get a significant edge when making diversification decisions. Standard Chartered recently predicted that if the Ethereum ETF gets approved, this could be a pivotal moment in the industry, which will result in an overall increase in the market, and a major catalyst for the increase in the value of cryptocurrencies.
As a result, these five DeFi coins have the highest potential to reDeFine the future of blockchain technology. With their innovations and groundbreaking features they can thrive among the Web3 space, and today, we will go over how anyone can diversify their portfolio to get up to 5,000% in gains. We will be looking at KangaMoon (KANG), Toncoin (TON), Kaspa (KAS), Maker (MKR) and Conflux (CFX). By the end, we will determine which is one of the top DeFi projects that can provide the most returns.
Here is the list of the five top DeFi coins not to miss in 2024 to get the highest returns:
Today, we will be exploring these five best DeFi coins with a much deeper insight into their on-chart data, technology and foundations, to see what kind of returns investors can expect in 2024 and beyond, especially after the Ethereum ETF approval.
KangaMoon (KANG) is already dominating the charts, but its also set to experience an explosive level of growth soon as it sees an increased level of interest from traders. The platform is built on top of the Ethereum mainnet, and follows the ERC20 token standard. Even during its blockchain ICO, it has managed to gain a significant level of attention, fueled by the Social-Fi elements and a community-driven approach, coupled with Play-to-Earn (P2E) features. Players can connect on a global scale, and challenge themselves in fights and tournaments in order to test skills and get rewards. These aspects position KANG as the best DeFi crypto.
Another key feature behind KangaMoon that has helped it stand out is its unique integration of NFTs that players can get by completing quests or battling with other players, or even participating in community events. In addition, anyone can even access a dedicated marketplace where they can buy, sell or even trade in-game items, characters and rare digital collectibles. The overall gaming experience is enhanced, and this can contribute towards a virtual economy that’s vibrant and where anyone can monetize their time. So far, the crypto has climbed from $0.005 to $0.014, marking a 180% price increase and has raised over $2.6 million. It’s on its way towards raising over $3 million, and according to analysts can experience a 100x price upswing.
Toncoin (TON) is the native cryptocurrency behind The Open Network, and it is used for network operations, transactions, games or even collectibles that are built on top of it. Recently, it has experienced a major price uptrend as just within the past month it’s up 101.3%. Moreover, during the previous week, the Toncoin crypto has spiked in value by 17.6%.
According to the on-chart data, it moved from a low point of $3.38 to $4.46 and at this rate could reach new heights. According to the Toncoin price prediction, it can end 2024 at $3.42. As a result, its also one of the best DeFi coins to jump into.
Kaspa (KAS) is an innovative blockchain project that combines the security of Proof-of-Work (PoW) with high block rates and minimal confirmation times. Moreover, it features a unique ecosystem that focuses on scalability and has become one of the major players in Web3.
Just during the past years, the Kaspa price has moved up 840%. In addition, during the past week the crypto is up 16%, where it has moved from a low point of $0.117 to $0.156. At the end of 2024, according to the Kaspa price prediction, it can reach $0.2152.
Maker (MKR) is an ERC20 token which is native to its Maker Protocol, which is a DeFi project enabling users to leverage assets to generate Dai. This is a community-managed decentralized crypto that tracks the price of USD.
In addition, the Maker price has spiked 368.6% in the past year and is up 15% in the past week. At this rate, according to the Maker price prediction it can end 2024 at $4,659.
Conflux (CFX) is a permissionless Layer-1 blockchain that connects decentralized economies throughout borders and different protocols. It migrated to a hybrid approach that utilizes PoW and PoS as its consensus and can offer quick, secure and scalable transactions.
Moreover, during the past 30 days the Conflux price has spiked 77.2%, and in the past week it’s also up 10%. At this rate, according to the Conflux price prediction, it can end 2024 at $0.5541.
It’s clear that the Ethereum ETF approval can impact the broader Web3 space, and as a result, many DeFi coins can get affected directly. There are multiple projects out there, but based on our research, KangaMoon (KANG), Toncoin (TON), Kaspa (KAS), Maker (MKR) and Conflux (CFX) can provide the most significant gains.
From the curated list, KANG specifically is the best DeFi crypto, and is one of the most promising projects as it is in its crypto ICO and can spike by 100x following its launch, resulting in massive ROI. There is no risk-free investment, and as a result it’s essential to keep a portfolio diversified for the best possible outlook.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://KangaMoon.com/
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