With the Bitcoin halving event coming soon, crypto enthusiasts are preparing for it and looking for other ways to make profits. Many buyers are turning their attention to altcoins that could grow in 2024.
Today, we’ll share a list of the 5 top altcoins that have shown huge potential to capitalize on Bitcoin’s halving: KangaMoon (KANG), Solana (SOL), Internet Computer (ICP), Ethereum (ETH), and Litecoin (LTC). Let’s begin.
KangaMoon (KANG): An Innovative Presale Making Millions
KangaMoon (KANG) is a rising presale star that has already raised over $2.8M and is on pace to hit $3M before March 2024 ends. It is gaining attention as it will introduce a play-to-earn (P2E) game where KANG serves as the primary in-game currency. With KANG, you can upgrade your characters and buy in-game items.
What makes KangaMoon stand out is its focus on community. For example, KangaMoon offers certain active community members free KANG tokens before its official launch. In other words, those who like/comment/share KangaMoon’s social media posts may earn this altcoin for free. With this development, KANG could obtain the most active community ever.
Currently, this altcoin is worth only $0.014 as it is in Stage 4 of its presale. Those who bought it early on are experiencing a 180% ROI. However, experts believe there is huge potential for growth as it has ties to the P2E games market which Yahoo Finance predicts will reach $885M by 2028. They foresee a rise to $0.5 within Q2 of 2024 once a Tier-1 CEX lists KANG.
With the Bitcoin halving rally on the horizon, KangaMoon is one of the best altcoins to invest in, thanks to the innovation that it brings. If you wish to capitalize on its growth and become an early buyer, sign up below and obtain a 10% bonus on each purchase.
Solana Price Analysis: Showing Tremendous Gains
Next up on our altcoin list is Solana (SOL), a leading smart contract platform. In terms of the Solana price, it has been going upwards recently. In fact, it grew from $102 to $187 in the last 30 days. During that time, its market cap rose from $45.15B to $83B. Thus, the crypto analyst behind the More Crypto Online YouTube channel foresees SOL reaching $208 soon.
Looking at the Solana crypto technical analysis, we can see that this bullish trend seems poised to continue. This altcoin trades above its 50- and 100-day EMAs while boasting 23 green technical indicators. As a result, market analysts predict Solana will reach $226 within Q2 of 2024. This makes Solana an attractive altcoin to buy in the lead-up to Bitcoin’s halving.
Internet Computer (ICP): Records 23-Month High
Third on our list is Internet Computer (ICP), which has been riding a bullish wave. According to CoinMarketCap data, the Internet Computer price increased from $12.40 to $16.91 over the last 30 days. With this feat, ICP surpassed its 23-month high of $16 and is poised to continue. Its market cap grew from $5.70B to $7.77B during that time.
The technical analysis of this altcoin also suggests a bullish trajectory. For instance, there are 26 technical indicators in the green for the Internet Computer crypto. Additionally, this altcoin is trading above its 50—and 100-day EMAs. Due to all these reasons, experts forecast Internet Computer’s hitting $18.90 before Bitcoin’s halving event—an 11% ROI if you buy this altcoin now.
Ethereum Price Remains Bullish as an Uptrend Unfolds
Ethereum (ETH) is the second-biggest crypto in the market and the most popular altcoin. Over the past month, the Ethereum price saw noteworthy gains as it jumped from $2,959 to $3,444. Its market cap also grew from $355B to $413B in that period.
When looking at this altcoin’s technical analysis, its future looks bright. Notably, the Ethereum crypto trades above its 100- and 200-day EMAs. Moreover, 23 technical indicators are showing buy signals for Ethereum. When making their Ethereum price predictions, analysts take note of these factors. Thus, they foresee ETH reaching $4,000 as Bitcoin’s halving event occurs.
Litecoin (LTC): Another Altcoin To Monitor
Lastly, we have Litecoin (LTC) on our top altcoins list. When looking at the Litecoin price charts, we can notice a nearly 30% jump as it soared from $69 to $89 over the past 30 days. Not only that, but its market cap also rose from $5.18B to $6.64B.
From a technical analysis perspective, Litecoin will continue this upward trajectory. For example, 27 technical indicators are flashing green for the Litecoin crypto. Additionally, this altcoin is trading above its 100 and 200-day EMAs. As a result, experts in the crypto field forecast Litecoin soaring to $108 before Bitcoin’s halving event.
Final Thoughts
Compared to big-name altcoins like Internet Computer, Ethereum, Litecoin, and Solana, KangaMoon boasts a market cap of just $14M. To clarify, it requires much less new funds to grow substantially. As the crypto market gears up for Bitcoin’s upcoming halving event, this positions KANG as the top altcoin choice for everyday traders.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://KangaMoon.com/
Join Our Telegram Community: https://t.me/KangaMoonofficial
Disclaimer: This is a sponsored press release and is for informational purposes only. It does not reflect the viewsof Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
