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As Solana continues its bullish momentum, analysts are predicting a 5000% surge for the KangaMoon meme coin.
Solana (SOL) has recently been bullish on-chart movements which has resulted in a major level of attention from investors and traders, and even caught the attention of major crypto analyst Altcoin Sherpa.
Alongside it, Cardano (ADA) also experienced a climb in value, but the most significant gains were made by the KangaMoon (KANG) crypto. To see why this is the case, we will go over the price performance of all of these altcoins and determine which one will be one of the best altcoins to invest in.
Solana (SOL) grows 792.3%; Sherpa projects further gains
Solana (SOL) has recently gone towards an upwards price trend, and its value has seen a leap upward. The year-to-date (YTD) climb for the Solana price was by 792.3%, and in the past month, it’s up 42.8%. Moreover, the Solana crypto also experienced a weekly climb to the $189 level, catching the attention of major crypto analyst altcoin Sherpa.
According to an official post on X (Twitter), the analyst noted how the crypto needs to be bought within the $168 to $208 range and that it will go higher in the end. Moreover, according to the Solana price prediction, it can end 2024 at $270.59.
Cardano spikes 47% YTD – Can its value move further up?
Cardano showcased substantial price gains on the charts as-well, as its year-to-date (YTD) climb was by 47%. Moreover, during the previous week, the Cardano price spiked from a low point of $0.56 to $0.66, and at this rate could soon break above the $0.70 price barrier.
KangaMoon to grow 5,000% following major presale success
The RSI and MACD data surrounding the Cardano crypto are also bullish, and the overall sentiment on their future is bullish. According to the Cardano price prediction, it can end 2024 at $0.8792.
KangaMoon (KANG) can experience a remarkable level of growth even despite it being a newer project in the industry and could lead the next bull run with its recent on-chart performance and overall appeal. Specifically, the cryptocurrency has spiked due to the hype surrounding its ecosystem, as it will include Social-Fi features, community-driven approach and Social-Fi elements.
On top of this platform, players gain the opportunity to create a KangaMoon character, and can engage with various elements, including fighting in tournaments, completing challenges or speculating and placing bets on other players. Each player will get rewarded with KANG tokens or non-fungible tokens (NFTs) as-well, which can be sold or bought and traded on top of the dedicated marketplace.
The crypto has spiked 290% since the start of its crypto ICO, and has raised over $4,463,830.183. By the end of the week, it can raise $5,000,000, and at launch, analysts are projecting a 5,000% price increase for the KANG altcoin. These aspects position it as one of the best altcoins to invest in.
It’s clear that massive hype surrounds Solana and its future price potential as it has already captured the attention of investors and traders.
But it’s not alone, as Cardano also showcased a significant jump, and KangaMoon is up 290%. At this rate, KANG can provide traders with the most significant ROI and overall growth opportunities.
To learn more about this project, visit the KangaMoon website or join the community
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Disclosure: This content is provided by a third party. crypto.news does not endorse any product mentioned on this page. Users must do their own research before taking any actions related to the company.
This article first appeared at crypto.news
