The crypto market is showing excitement as KangaMoon (KANG) leads the charge in its ICO, amassing an impressive $4.7 million with sights set on surpassing $6 million by month-end. Having surged by 290% from $0.005 to $0.0196 during the ICO, the token has attracted enormous attention in the broader crypto market.
Meanwhile, Mantle (MNT), Render (RNDR), VeChain (VET), and Optimism (OP) are other crypto gems in the spotlight for various reasons, including offering unique solutions to blockchain challenges. With the vast list of coins, picking the best cryptos to buy can be challenging for investors. Now with KangaMoon, Mantle, Render, VeChain, and Optimism vying for attention, investors are rather looking towards long-term prospects, of which KangaMoon appears as a top contender.
1. KangaMoon (KANG)
KangaMoon (KANG) has garnered significant attention in the meme coin market, raising over $4.7 million, while aiming to cross the $5M funding milestone before the end of the current stage. Given the influx of investors, the native KANG token has equally spiked in value, soaring from its initial value of $0.005 to $0.0196 in the fifth presale phase to secure early buyers a staggering 290% ROI.
With projections suggesting it could raise over $5 million by the end of the month, coupled with its current growth trajectory, the meme coin project holds a strong potential to skyrocket 10x upon launch. Moreso, by leveraging both GameFi’s Play-to-Earn, and SocialFi elements, KangaMoon offers a diverse range of games and challenges in an attempt to create a vibrant community where players can interact and compete for rewards in a lively environment.
Among other things, this robust gaming ecosystem dubbed “Kangaverse” allows participants to customize their own in-game characters and engage them in battle contests. Meanwhile, there are periodic challenges, held weekly and monthly, foster a sense of unity among participants, with winners selected through random draws to ensure fairness. Furthermore, players can earn different valuables ranging from the KANG token to high-value in-game assets, adding an exciting twist to the gaming experience.
More interestingly, these items can be traded for real world values on the platform’s dedicated marketplace, further encouraging continuous engagement on the platform. Lastly, KangaMoon'semphasis on security, and transparency, makes it a top choice for those looking to participate in the burgeoning DeFi sector. With all these in mind, KangaMoon is considered one of the best crypto to buy in April, 2024.
2. Mantle (MNT)
Mantle (MNT) has been doing well lately, exhibiting potent to rank among the best cryptos to invest in now. Notably, the native MNT token is leading the way by facilitating interoperability among blockchain networks, and as such, has rising by over 190% YTD. By connecting these separate blockchain systems, Mantle is opening up exciting new opportunities for the use of cryptocurrencies across different sectors, including DeFi.
In the past month alone, the price of Mantle token went up by 33%, and in just the last week, it increased by over 14%, going from $1.17 to $1.50. This noticeable price increase has renewed investors’ optimism about the token’s future, especially since it's been rising consistently. Analysts think Mantle could reach $2 by the end of 2024, which is exciting news for investors.
3. Render (RNDR)
Render (RNDR) network continues to shake the cloud computing industry with its blockchain-powered platform. Having reached a yearly high of about $13.1, Render’s over 660% yearly price increase reflects investors’ growing interest within the crypto community.
With Render, investors can easily buy and sell computing resources safely and efficiently. This means developers and creators can get the computing power they need when they need it, making collaboration hassle-free.
Plus, with its native RNDR token, Render makes it simple for people to join the network and make transactions smoothly. Even though its monthly chart dipped by 14.78% from $13.4 to $8.8, its weekly price went up by nearly 6% from $8.8 to $10.5, which is good news for short and long-term investors.
4. VeChain (VET)
VeChain (VET) is leading the way in supply chain management and enterprise blockchain solutions. Its strong blockchain platform lets businesses track and trace products across the supply chain, ensuring transparency and authenticity. VeChain uses special features like tamper-proof RFID tags to give real-time tracking of goods.
With its native VET token, VeChain rewards investors who use the platform and makes it easy to transfer value within the market. Meanwhile, the VeChain token price dropped by roughly 6% in the past month. During this period, VeChain’s price fluctuated between a low of $0.03718 and a high of $0.05072. In its weekly chart, the top crypto coin registered about a 9% increase, trading from $0.03942 to $0.04738. On this backdrop, the VeChain community are still hoping for the token to continue riding on the bullish momentum and potentially hit new heights.
5. Optimism (OP)
Optimism (OP) is on a mission to solve Ethereum's scalability challenges by introducing layer 2 scaling solutions. With Ethereum's popularity soaring, scalability has become a major hurdle for the network. Optimism is stepping in to tackle this issue, aiming to rank as a top choice for decentralized applications (dApps) and smart contracts and as one of the best crypto to buy.
Despite a 28.36% dip in its monthly price chart, trading from $2.9 to $4.7, Optimism price has shown strong year-to-date growth of 45.90%. In the previous week, its price saw a modest 1.17% increase, moving from a low of $2.9 to $3.4. With this positive momentum, Optimism is inching closer to breaking the $4 price barrier.
Final Notes
KangaMoon, Mantle , Render, VeChain, and Optimism represent some of the best cryptos to buy for investors seeking long-term token picks in the cryptocurrency market. Each of these 5 tokens, however, solves unique problems in their respective networks, ultimately making them a compelling choice for investors looking to diversify their portfolios.
As they continue to gain traction and make more strides in their network, KangaMoonparticularly offers early buyers an unfair advantage, considering it is still in its presale phase, coupled with its potential to disrupt the multi-billion dollars P2E market.
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