Top 5 Altcoins You Must Have in Your Wallet Now

In the cryptocurrency space, traders always want to discover the next big thing. While Bitcoin (BTC) sees some woes, their focus is on altcoins. Today we will discuss the top five altcoins expected to explode in 2024: KangaMoon (KANG), Render (RNDR), Ethena (ENA), Ondo (ONDO), and Fetch.ai (FET). Let’s dive into the details of each.

KangaMoon (KANG): the best overall Altcoin

First on our list of best altcoins is KangaMoon (KANG) – a unique crypto linked to the thriving Play-to-Earn (P2E) gaming market. According to Yahoo Finance, this market is expected to reach $8,856 million by 2028 and KangaMoon could become a dominant force. It will achieve this by launching its own P2E game soon.

In this game, KANG will serve as the main in-game currency. Users can upgrade their characters and purchase in-game items with this altcoin. Additionally, holding KANG gives you access to exclusive weekly/monthly/quarterly challenges for additional rewards. These benefits are attractive since over 6,000 people now hold this altcoin.

But what sets KangaMoon apart in the altcoin space is its SocialFi aspect. To clarify, KangaMoon is now offering free KANG tokens to the most active community members ahead of its official launch. As a result, over 20,000 registered community members are now rushing to like/share KangaMoon’s posts on social media.

Currently, this altcoin is only worth $0.025 during the bonus phase of its presale. Its performance has been exceptional, with early buyers seeing a return on investment of over 400%. But this percentage is bound to increase as experts predict a 100-fold increase once a Tier 1 CEX lists KANG in the second quarter of 2024. With this move, KangaMoon emerges as one of the best altcoins to buy in 2024.

Render (RNDR): among the Altcoins to watch

Next, we have to mention Render (RNDR). Data from CoinMarketCap shows that the value of the Render token has surged more than 500% in the past year alone, despite its market capitalization being $4 billion. This upward trend is expected to continue, because Apple recently mentioned Octane, Render’s 3D design software, in its main presentation.

Technical analysis of this altcoin also shows a bright future. For example, Render coin is trading above its 50 and 100 day EMAs while showing 25 green technical indicators. So, experts remain optimistic for Render. They predict a rise to $15.30 for RNDR before the end of Q2 2024, making it one of the top altcoins.

Ethena (ENA): major partnerships could cause a rally for this Altcoin

Ethena (ENA) is an altcoin to watch in 2024. This crypto is trading in the green as CoinMarketCap data reveals a 30% jump over the past 12 months. Positive developments have taken place recently, such as Ethena’s announcement of a significant partnership with Bybit. Notably, Bybit has integrated USDe as a collateral asset for derivatives trading.

In terms of technical analysis of the Ethena coin, a bullish future lies ahead. For example, there are 13 technical indicators in the Ethena buy zone. As a result, market analysts remain bullish on this altcoin. In their price prediction, Ethena could reach $1.30 in the second quarter of 2024. For this reason, Ethena is a member of the top altcoins.

Ondo (ONDO): another Altcoin trading in the green

In penultimate place, we will mention Ondo (ONDO). This altcoin has seen an upward trend recently, as data from CoinMarketCap shows. Notably, the value of Ondo coin has increased by 400% on the chart since the start of the year, while its market capitalization has remained at $1.15 billion. This momentum could continue with Zebec announcing it will partner with Ondo to integrate USDY functionality into the Zebec card.

Ondo’s technical analysis also supports this claim. Currently, more than 15 technical indicators are green for this altcoin. For all these reasons, experts in the crypto space predict that Ondo will trade at $1.18 before the end of Q2 2024.

Fetch.ai (FET): an Altcoin with good growth potential

Finally, we will discuss Fetch.ai (FET). According to data from CoinMarketCap, the price of this altcoin has increased by more than 800% over the past 12 months. This upward trend is expected to continue as Fetch.ai announced he integrated Meta’s Llama 3-8B into his network. With this development, Fetch.ai AI agents become more intelligent and responsive.

Additionally, the technical analysis of the Fetch.ai coin is green. For example, it is trading above its 100 and 200 day EMAs while having 24 technical indicators in the buy zone. These factors have made market analysts very optimistic about this altcoin. They predict that Fetch.ai will reach a value of $3.34 before the end of the second quarter of 2024.

What is an Altcoin?

Essentially, any cryptocurrency other than Bitcoin is an altcoin. These were created to address the perceived constraints of Bitcoin or to provide alternative uses. Many of them have the potential to disrupt entire industries and are gaining traction in the crypto market.

Should you buy Altcoins in 2024?

• Early adoption: Buying promising altcoins in their early stages, like KangaMoon, could pay off big if the project gains traction.

• Diversification: Altcoins offer a different way to make money and reduce risk.

• High return potential: Many altcoins have the potential for considerable price appreciation.

Conclusion

These top altcoins could see tremendous growth in 2024. However, KangaMoon stands out with its low market capitalization of $25 million. This means it will grow faster than Render, Ethena, Ondo and Fetch.ai because it will require less new funding. If you are interested in purchasing a potential future member of the top 10 altcoins, register for the KANG presale using the links below.

Discover the exciting opportunities of the KangaMoon (KANG) presale today!

Website: https://Kangamoon.com/

Join our Telegram community: https://t.me/kangamoonofficial

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