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In the crypto market, things are starting to heat up with a prominent analyst’s recent XRP prediction bombshell.
Simultaneously, two other altcoins, Toncoin (TON) and KangaMoon (KANG), also show growth signs. In fact, market analysts hint that KANG, which is now in Stage 5 of its presale, may become the next $1 altcoin in 2024.
Armando Pantoja makes a bullish XRP price prediction
Recently, Ripple (XRP) has been riding a bullish wave. CoinMarketCap data shows that the Ripple price surged from $0.58 to $0.61 in the last week alone. During that time, its market cap rose from $32.29B to $33.87B. Crypto analyst Armando Pantoja predicts that Ripple will trade between the $10-$20 levels soon.
From a technical analysis perspective, the Ripple crypto could continue this bullish trend. Notably, 27 technical indicators are flashing green for XRP. In addition, Ripple is trading above its 100 and 200-day EMAs. Therefore, experts in the crypto field predict a rise to $0.81 within Q2 of 2024 for this altcoin.
Paxton outlines Toncoin price levels to watch
Meanwhile, Toncoin (TON) emerges as another dominant force in the altcoin space. Over the past 30 days, the Toncoin price skyrocketed from $2.84 to $6.79. This altcoin’s market cap also soared from $9.96B to $23.58B in that period. Crypto analyst Paxton claims that Toncoin needs to hold above the $6.75 level for a bullish run.
The technical analysis of the Toncoin crypto also reaffirms this forecast. For example, there are now 27 technical indicators in the buy zone for this altcoin. When making their Toncoin price predictions, prominent market analysts take note of all these factors. As a result, they forecast a potential jump to $7.55 for Toncoin before Q2 of 2024 ends.
KangaMoon (KANG) takes its spot as one of the top altcoins
Similarly, KangaMoon (KANG) has become one of the world’s best-performing altcoins. With a community of 20,000 people and 5,800 token holders, there’s no doubt that it has established itself as a rising star in the market. This presale star has even raised over $4.5M and could reach $6M before April 2024 ends.
Traders are interested in KangaMoon as it will launch a Play-to-Earn (P2E) game where KANG will serve as the main in-game currency. With KANG, you can upgrade your characters or buy in-game items. Additionally, KangaMoon will provide KANG holders with weekly/monthly/quarterly challenges for extra tokens or in-game items.
KangaMoon has one goal: to give back to its community. For example, KangaMoon is now rewarding the most active community members with free KANG tokens before its official launch. Therefore, countless individuals are flooding KangaMoon’s social media posts with likes/shares/comments to obtain this altcoin for free.
At the moment, KANG is in Stage 5 of its presale and costs only $0.0196. This represents a 290% jump from its starting price of $0.005. However, given its ties to the P2E gaming market, which could reach $885M by 2028, its growth potential is incredible. As a matter of fact, market analysts forecast a rise to $1 once a Tier-1 CEX lists this altcoin in Q2 of 2024.
What makes KangaMoon stand out from XRP and Toncoin?
KangaMoon is different from Ripple and Toncoin because it only has a market cap of $19.6M. This means that KANG will need fewer new funds for its price to surge. As a result, KangaMoon could become one of the top 10 altcoins to keep on your radar. To purchase it, follow the links below and get a 10% bonus.
To learn more about this project, visit the KangaMoon presale website or join the community
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This article first appeared at crypto.news
