With the Bitcoin halving event complete, it is expected for the world’s largest cryptocurrency to see an even higher upswing in value, as the rewards are cut in half, leading to more scarcity. However, when BTC grows, so do many altcoins, and today, we will look at the cryptos poised to explode as a direct result.
Based on the latest metrics, Solana (SOL), Chainlink (LINK), Fantom (FMT), Fetch.ai (FET) and KangaMoon (KANG) can experience the most substantial gains. To see why this is the case, we will go over each crypto individually. By the end, we will see which is the best cryptocurrency to invest in.
1. KangaMoon (KANG) to Introduce Revolutionary Social-Fi Elements and Climb to $0.5 by End of Q2
KangaMoon (KANG) is an upcoming project that will completely change how traders and investors view meme coins as it has already gained significant popularity due to its unique focus on the community. The project has already raised over $5 million and can raise over $6 million by the end of Q2, 2024. Moreover, KANG stands out from other projects in its category through offering a wide level of utility. Specifically, this is the in-game currency for KangaMoon’supcoming game that will introduce Play-to-Earn (P2E) elements.
In fact, it will be utilized to enable players the opportunity to buy items and level-up characters. Additionally, the platform will feature a dedicated marketplace for non-fungible tokens (NFTs) in which anyone can buy, sell or trade them with ease and gain even more additional value.
The key catalyst for its growth is also the focus on Social-Fi elements and in the community, as evident from the recent moves from the project. In other words, KangaMoon has already begun giving away free KANG tokens t o the most active community members prior to even launching. This strategy has already attracted over 20,000 users to register, and all of them can now engage with the social media posts on X or other platforms to get even more tokens.
KANG is trading at a value of just $0.0196 during Stage 5 of its presale, marking a massive 290% jump from the initial starting price. At this rate, analysts are projecting that the token’s value can reach $0.5 by Q2, 2024, marking a significant rise in value and massive ROI opportunities for traders and investors. These aspects essentially position KANG as the best cryptocurrency to invest in.
2. Solana (SOL) Experiences Exceptional 620% Growth – Price to Surge to $228.09
Solana (SOL) is a blockchain platform that has gained a significant reputation by putting its emphasis on speed and efficiency. The native Solana crypto is utilized for the payment of transaction fees and as a result provides massive utility to its ecosystem, ever since the launch in 2017.
With that in mind, during the past year, the Solana price has gone up 620%, gaining a significant level of interest from investors and traders. Just throughout the past week, the SOL value has gone up from $128.25 to $154.98, just barely missing the $160 price range. However, if tie SOL price does manage to breach that level, it is poised to see far more significant gains. According to the Solana price prediction it can end 2024 at $228.09, positioning it as the best cryptocurrency to buy now.
3. Chainlink (LINK) Bullish With 115% Upswing – How Far Can It Grow?
Chainlink (LINK) is one of the most widely-utilized Web3-based Oracle networks. Through it, anyone can get real-world data and transfer it to smart contracts on top of the blockchain. As a result, the Chainlink crypto has gained a significant level of attention ever since its launch.
Based on the overall price performance and on-chart metrics, the Chainlink price has gone up 115%. During the past week alone, LINK has surged from $12.83 to a maximum point at $15.87, and with this rate of growth can soon pass the $20 price barrier. According to the Chainlink price prediction, the crypto can end 2024 at $32.42, making it the best crypto to invest in now.
4. Fantom (FMT) Spikes 78% – Price to Reach $1.67 by End of 2024
Fantom (FMT) is a smart-contract supporting network that addresses issues surrounding decentralization, scalability and security. In addition, the platform has become a hub for the development of decentralized applications (dApps), Decentralized Finance (DeFi) and enterprise-level solutions.
During the past year, the Fantom price has gone up 78%, and at this rate is poised to see even more substantial price gains. Based on the on-chart metrics, the Fantom crypto moved up from $0.63 to $0.79 in the past trading sessions, and now needs to pass the $1 price barrier. According to the Fantom price prediction it can end 2024 at $1.67, positioning FTM as a top crypto to invest in.
5. Fetch.ai (FET) Grows 610.4% – Can It Carry On This Momentum in 2024?
Fetch.ai (FET) is a blockchain that leverages AI technology to enable users the opportunity to create and access a decentralized digital economy within its ledger. Users can create agents which act on the behalf of any device, organization ,individual or service. These are then connected and make connections or transactions with each other. As a result, with the recent surge in AI-related applications and technology, the Fetch.ai price has grown 610.4% year-to-date (YTD).
Moreover, during the past week, the Fetch.ai crypto has gone up from $1.90 to $2.54, and at this rate is poised to move to $3 or above. According to the Fetch.ai price prediction it can end 2024 at $5.61, making FET the best cryptocurrency to buy now.
Summary
It cannot be understated that the Bitcoin halving event has already made an effect on the broader market, but will likely carry on to do so in the upcoming trading sessions as-well. Solana, Chainlink, Fantom and Fetch.ai have all showcased bullishness on the charts as a result, but the most significant gains can be made by the KangaMoon presale-stage projects.
By jumping into it during the presale stage, anyone can get the highest ROI opportunities as it has the most growth potential during 2024 and even beyond that point, fueled by its Social-Fi elements, community-focus and Social-Fi elements.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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