Recently, a crypto analyst has made headlines with an insane price prediction for Shiba Inu(SHIB). But while SHIB is hogging the spotlight, other cryptos like Cardano (ADA) and KangaMoon (KANG) are making waves too. Some analysts even peg the Stage 5 presale star KANG as the next $0.5 altcoin in 2024. Let’s find out why.
Rekt Capital: The Shiba Inu Price May Surge 155%
Shiba Inu (SHIB) has recently been riding a bullish wave in the crypto market. According to CoinMarketCap data, the Shiba Inu price increased from $0.00002721 to $0.00002759 over the past week alone. Its market cap rose from $16.03B to $16.26B during that time. Crypto analyst Rekt Capital states that SHIB may reach $0.000069, a 155% growth soon.
The technical analysis for this altcoin remains showing positive signs. For example, the Shiba Inu crypto trades above its 50- and 100-day EMAs. Additionally, there are now 17 technical indicators in the green for SHIB. Thus, experts in the crypto field have made a bullish Shiba Inuprice prediction - reaching $0.000042 within Q2 of 2024.
Ali Martinez Makes a Bullish Cardano Price Prediction
Meanwhile, Cardano (ADA) has also been trading in the green. The Cardano price soared from $0.40 to $0.58 on the YTD chart. This altcoin’s market cap jumped from $14.09B to $20.94B in that period. Crypto analyst Ali Martinez predicts that ADA is consolidating between the $0.55 and $0.80 levels and will soon break out to $1.70.
From a technical analysis perspective, this bullish trend for the Cardano crypto may continue. Notably, this altcoin is now trading above its 100 and 200-day EMAs. Because of this, prominent market analysts forecast Cardano to hit $0.87 before the end of Q2 2024.
KangaMoon (KANG): One of the Main Altcoins To Watch
While Shiba Inu and Cardano soar, KangaMoon (KANG) appears to be one of the hidden altcoin gems. In its presale phase, KangaMoon has already raised over $4.6M and shows no signs of slowing down. By the end of April 2024, KangaMoon expects these numbers will skyrocket past $6M.
By focusing on Play-to-Earn (P2E) gaming, a sector that some predict will reach a value of $885M by 2028, KangaMoon has set itself up for success. It plans to launch its P2E game using KANG as its primary in-game currency. Players can use this altcoin to buy in-game items or access exclusive challenges for extra tokens.
One KANG token costs just $0.0196 since it is in Stage 5 of its presale. This value means that early buyers have already experienced a 290% ROI. Experts have high hopes for what’s next, with KANG’s price target landing at around $0.5 when a Tier-1 CEX listing occurs within Q2 of 2024.
People are starting to notice this opportunity and it shows. There are now 20,000 community members and 5,800 token holders. Active members are even being rewarded with free KANG tokens ahead of the official launch. So, begin commenting/liking/sharing KangaMoon’s social media posts and earn KANG for free.
Can KangaMoon Leave Shiba Inu and Cardano in the Dust?
With a market cap of only $19.6M, KangaMoon can potentially surge past Shiba Inu and Cardano. In other words, KANG needs less new funds for its price to shoot up. If this advantage holds, it’ll put KangaMoon in a position to make some serious waves in the market. If you want one of the best altcoins, follow the links below and get a 10% bonus.
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