Altcoins
Polkadot (DOT) and The Graph (GRT) on the rise; A new Altcoin flies to the Moon
The crypto market is constantly evolving and altcoins have recently taken center stage. Many established players like Polkadot (DOT) and The Graph (GRT) are now on a tear, but a new altcoin is also making noise: KangaMoon (KANG). According to some analysts, this Stage 4 presale star could even become the next 50x altcoin in 2024. Let’s see why.
Polkadot (DOT): Altcoin trading in the green
Recently, Polkadot (DOT) has shown bullish signs. According to data from CoinMarketCap, Polkadot price increased from $8.04 to $9.54 in the last 30 days. During this period, its market capitalization increased from $10.34 billion to $13.61 billion.
Technical analysis of this altcoin also shows a bright future. For example, the Polkadot crypto is trading above its 50 and 100 day EMAs. Additionally, 23 technical indicators are now showing green signals for Polkadot. For this reason, experts remain optimistic about their Polkadot price predictions. They predict its value will reach $12.52 in the second quarter of 2024.
The chart (GRT): Sunray phase over
Meanwhile, The Graph (GRT) has seen some exciting developments. Notably, The announced graph that the Sunray phase is now over. With this development, developers can use subgraphs to improve the performance of their DApp data on The Graph network.
The Graph crypto price movement increased from $0.28 to $0.42 over the past month, and its market cap increased from $2.64 billion to $4.05 billion during this period. Additionally, 29 technical indicators are in the buy zone for this altcoin. Due to all this bullish news from The Graph, experts in the crypto space are predicting a potential rise to $0.53 before the end of Q2 2024.
KangaMoon (KANG): A Growing Altcoin Sensation
While Polkadot and The Graph thrive, KangaMoon (KANG) has become a promising competitor in the altcoin space. Its characteristics and potential quickly turned the heads of traders. During its ongoing presale, KangaMoon has already raised over $3.2 million, with plans to reach $4 million before the end of April 2024.
Basically, KangaMoon plans to launch a Play-to-Earn (P2E) game in which KANG will become the main currency to upgrade characters and purchase in-game items. Additionally, holding this altcoin will give you access to weekly challenges , monthly or quarterly for additional tokens or in-game items.
– Advertisement –
Community engagement is a big deal for KangaMoon. Active members of the KangaMoon community receive free KANG tokens before the official launch. For this reason, countless traders are rushing to gain this advantage by liking and sharing as much content as possible on KangaMoon’s social media channels.
This altcoin is currently worth $0.014 during stage 4 of its presale, a growth of 180% from its initial price of $0.005. Things are looking good for the future, with projections indicating growth in the P2E gaming market. This sector is estimated to reach $885 million by 2028, so experts expect KANG to skyrocket 50 times when listed on a Tier 1 CEX in Q2 2024.
Can KangaMoon get ahead of Polkadot and The Graph?
KangaMoon’s market capitalization is $14 million, which is much lower than Polkadot and The Graph. In other words, KangaMoon could surpass them both without requiring as much new funding. If this happens, then KANG could become one of the best altcoins to invest in. If you are interested in this crypto, register below and receive a 10% bonus.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
Disclaimer: This press release article is provided by the Client. Customer is solely responsible for the content, quality, accuracy, products, advertising or other materials on this page. Readers should conduct their own research before taking any action related to the material available on this page. The Crypto Basic is not responsible for the accuracy of the information or any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned in this press release article.
Please note that The Crypto Basic does not endorse or support any content or products on this page. We strongly advise readers to conduct their own research before acting on any information presented here and to take full responsibility for their decisions. This article should not be considered investment advice.
Disclaimer: This content is informational and should not be considered financial advice. The opinions expressed in this article may include the personal opinions of the author and do not reflect the opinions of The Crypto Basic. Readers are encouraged to conduct thorough research before making any investment decisions. Crypto Basic is not responsible for any financial losses.
-Advertisement-