Solana (SOL) skyrocketed in value as Infinex announced support for the crypto, and Solana’s first Liquidity Layer marginify launched, expanding its ecosystem. Book of Meme (BOME) prices also saw a surge, although it’s just a hype-driven meme coin. Yet, KangaMoon (KANG) is a meme coin with actual utility and this has enabled it to climb 400% and raise $6.7 million. As anticipation of its upcoming BitMart listing is pushing demand further and positioning it as the best cryptocurrency to invest in.
To see why these altcoins are surging, and if others can make a comeback, we will go over their on-chart performance.
Solana (SOL) saw two major expansions that have contributed towards its recent price-hike, including its addition on Infinex, and the launch of its first Liquidity Layer marginify, both of which have greatly expanded the interest in the crypto. The Solana price is up 680.2% year-to-date (YTD), and within a single month it saw a surge of 22.4%, placing it as the best crypto to buy.
The Solana crypto is now showcasing positive RSI data, that’s above 50, indicating a bullish rally could occur soon in which it can be a leader. Based on the Solana price prediction, it can end Q4 of 2024 at $178.69.
Book of Meme (BOME) is a hype-driven meme coin that did not undergo any major developments, listings or other updates. Yet despite this, the Book of Meme price has seen a monumental rise on the charts, as it’s up 20,969.7% within the past two months, which made it the best crypto to buy.
It’s clear that memecoins are on the rise, and the Book of Meme crypto is leading the pact in some aspects, but it’s still just a crypto that does not have any underlying utility that could hurt its price progression in the long term. Yet, based on the Book of Meme price prediction, it can end in 2024 at $0.0187.
KangaMoon (KANG) isn’t a typical meme coin as it combines a robust Play-to-Earn (P2E) ecosystem with Social-Fi features, offering real value that transcends fleeting hype. KANG has also witnessed a 400% surge, attracting over 20,000 users with a dedicated core of 6,000 actively holding tokens. BitMart also recently announced that it will list the KANG token on top of the exchange. While KangaMoon has already raised over $6.7 million, it can soon breach above $7 million as well due to the massive influx of traders accumulating it.
The KangaMoon game has fueled this growth as players gain control of characters and can then engage in battles or tournaments, which will result in them accumulating more KANG tokens and NFTs. The innovative Social-Fi model also rewards active social media users with free KANG tokens, fostering a passionate and invested community.
The price of the crypto has skyrocketed from a mere $0.005 to $0.025 and is now at the Bonus Stage, which represents the last chance to grab the KANG token at a discount. The massive growth, and trader appeal position it for more upcoming listings, and this could potentially send the price even higher. Analysts even predict a 100x price increase after it launches.
It’s clear, based on the recent on-chart metrics, that Solana, Book of Meme, and KangaMoon have all witnessed remarkable price growth. Yet out of them, KANG has the most substantial growth potential as it is still in its presale and has not fully launched, which marks a solid entry point for traders to accumulate it at a discount, making it the best cryptocurrency to invest in. As for other altcoins, they need to make big moves to keep up in this volatile market, and their future is uncertain.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
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