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Amid the search for promising low-cost cryptocurrencies, Cardano (ADA), Tron (TRX), and KangaMoon (KANG) emerge as frontrunners, with analysts highlighting KangaMoon’s potential to hit $1 in 2024.
In the cryptocurrency market, it can be tough to find a low-cost but growing coin. However, Cardano (ADA), Tron (TRX), and KangaMoon (KANG) stand out. These three altcoins are being traded at less than $1, but they have huge growth potential in the future. Analysts have even pegged KANG, a Stage 5 presale star, as the next $1 altcoin in 2024.
Cardano take off expected to be epic
Recently, Cardano has been experiencing some volatility. According to CoinMarketCap data, the Cardano price fluctuated between $0.75 and $0.58 in the past 30 days alone. Its market cap also moved between $25.94B and $20.92B during that time. However, crypto analyst Dan Gambardello predicts that Cardano will skyrocket soon and will be tremendous.
The technical analysis for this altcoin backs up this prediction. For example, the Cardano crypto now trades above its 100- and 200-day EMAs. In addition, 17 technical indicators are flashing green for Cardano. As a result, experts now have drawn up a bullish Cardano price prediction. They foresee a potential surge to $0.87 within Q2 of 2024 for ADA.
Massive burn effort for Tron
Meanwhile, Tron also saw red charts. Over the last month, this altcoin’s price sank from $0.13 to $0.11, and its market cap fluctuated between $12.26B and $10.43B. However, Tron has made a massive effort to increase its value. Notably, Tron announced that it had burned 14M TRX on April 2nd.
This massive burning event could trigger a rally for the Tron crypto. Plus, this altcoin is now trading above its 100—and 200-day EMAs. Due to all this bullish Tron news, market analysts foresee a bright future for it. They predict a rise to $0.17 for Tron before Q2 of 2024 ends.
KangaMoon emerges as one of the future top 10 altcoins
Cardano and Tron have stolen the show when it comes to altcoins. But there is one coin that has remained in the shadows that investors may want to consider if they’re looking for high-growth opportunities—KangaMoon (KANG). This rising presale star has already raised over $4,422,903.589 and is projected to reach $5M before April 2024 ends.
This altcoin is picking up steam as it also taps into the Play-to-Earn (P2E) gaming market, which Yahoo Finance predicts will reach $885M by 2028. KangaMoon will launch a P2E game in which KANG will serve as the main in-game currency. Holders of this altcoin will also gain access to weekly, monthly, or quarterly challenges for extra tokens or in-game items.
Additionally, KangaMoon has been doing its part to get the community involved. They even offer free KANG tokens to their most active members before the launch. This has had a domino effect of enthusiasm with over 20,000 users liking, commenting, and sharing their social media content.
At the moment, KANG costs $0.0196, as it is in Stage 5 of its presale. This is a 290% rise from its starting price of $0.005. Analysts predict this altcoin will surge to $1 once listed on a Tier-1 CEX in Q2 of 2024. Interested users can sign up for its presale to capitalize on this growth and obtain a 10% bonus.
Conclusion
While Cardano and Tron are altcoins to watch, KangaMoon stands out. Its low market cap of $19.6M means KANG needs far fewer new funds for its price to skyrocket. Because of this, KangaMoon could become one of the leading altcoins in 2024.
To learn more, visit the Kangamoon website or join their telegram community.
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This article first appeared at crypto.news
