Recently, altcoins have hopped to the forefront of the crypto market. Three altcoins are leading this charge: Render (RNDR), Solana (SOL) and KangaMoon (KANG). While RNDR and SOL are well-established cryptos, KANG is a Stage 4 presale star. It has already provided early buyers with a 180% ROI and experts hint that it may reach $0.5 in 2024. Let’s see why.
Render (RNDR): On an Uptrend
Render (RNDR) has recently gained traction as the AI market continues growing. Over the last 30 days, the Render price surged from $7.33 to $11.36 – a 45% rise. Its market cap grew from $2.72B to $4.34B during that time.
The technical analysis of this altcoin also shows a bullish picture. For instance, the Render crypto is now trading above its 50—and 100-day EMAs. Moreover, over 26 technical indicators for RNDR are now in the green. Due to all these reasons, experts in the crypto field have made a bullish Render price prediction—$14.99 within Q2 of 2024.
Solana (SOL): One of the Top 10 Altcoins
Meanwhile, Solana (SOL) dominates the altcoin scene with its stellar growth. The Solana priceincreased from $111 to $185 in the past month alone. During that period, its market cap rose from $49.23B to $82.23B, cementing its position as the #5 spot on the crypto charts in terms of market cap.
From a technical analysis standpoint, this bullish trend for the Solana coin may continue. In fact, this altcoin is trading above its 50—and 100-day EMAs while boasting 26 green technical indicators. As a result, prominent market analysts foresee a pump to $270 before Q2 of 2024. This Solana price prediction makes it a good altcoin to keep on your radar.
KangaMoon (KANG): The Best Altcoin To Watch
While Render and Solana are trading in the green, KangaMoon (KANG) also turns some heads. This rising presale star has already raised over $3.4M and is on pace to hit $4M in April 2024. Global traders are drawn to this altcoin as it also taps into the flourishing Play-to-Earn (P2E) games market, which Yahoo Finance predicts will reach $885M by 2028.
Essentially, KangaMoon will release a P2E game fueled by its in-game currency, KANG. This crypto will let you upgrade characters and get other in-game items, making KANG an altcoin with tangible use cases. You may also participate in weekly, monthly or quarterly challenges that grant you extra tokens or in-game items by holding KANG.
In addition, KangaMoon’s active community members are awarded free KANG tokens before the official launch. To clarify, you will receive free KANG if you retweet/like/comment on KangaMoon’s social media posts. This will increase social media engagement and provide KangaMoon with the most active community on the market.
Currently, this altcoin costs just $0.014 in Stage 4 of its presale, a 180% rise from its starting price of $0.005. Demand is so high that market analysts foresee KANG hitting $0.5 once a Tier-1 CEX lists it in Q2 of 2024.
Can KangaMoon Outpace Render and Solana?
KangaMoon has been a very exciting altcoin for many traders. Its market cap currently sits at just $14M, a big advantage. With how much less new funds are required to get KANG’s value skyrocketing, it may outshine Render and Solana regarding growth potential. If interested in one of the top altcoins, follow the links below and obtain a 10% bonus.
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