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Things are starting to heat up in the cryptocurrency market with a recent bombshell XRP prediction by a prominent analyst.
At the same time, two other altcoins, Toncoin (TON) and Kangamoon (KANG), are also showing signs of growth. In fact, market analysts have suggested that KANG, currently in stage 5 of pre-sale, could become the next $1 altcoin in 2024.
Armando Pantoja bullishly predicts XRP price
Ripple (XRP) has been riding a bullish wave recently. Ripple price soared from $0.58 to $0.61 in the last week alone, according to data from CoinMarketCap. Meanwhile, the market capitalization increased from $32.29 billion to $33.87 billion.crypto analyst Armando Pantoja predicts Ripple will soon be trading between the $10 and $20 levels.
From a technical analysis perspective, Ripple cryptocurrency is likely to continue this bullish trend. In particular, 27 technical indicators are flashing green on XRP. Additionally, Ripple is trading above its 100-day EMA and 200-day EMA. Therefore, experts in the crypto field predict that this altcoin will rise to $0.81 during the second quarter of 2024.
Paxton outlines Toncoin price levels to watch
Meanwhile, Toncoin (TON) has emerged as another dominant force in the altcoin space. In the past 30 days, the price of Toncoin soared from $2.84 to $6.79. The altcoin's market capitalization also jumped from $9.96 billion to $23.58 billion over the same period.crypto analyst Paxton's argument This means that Toncoin needs to break above the $6.75 level to maintain its bull market.
Technical analysis of Toncoin crypto also reconfirms this prediction. For example, there are currently 27 technical indicators in the buy zone for this altcoin. Prominent market analysts look at all these factors when predicting Toncoin's price. As a result, they predict that Toncoin could rise to $7.55 before the end of the second quarter of 2024.
KangaMoon (KANG) earns its place as one of the top altcoins
Similarly, KangaMoon (KANG) has become one of the best performing altcoins in the world. With a community of 20,000 people and his 5,800 token holders, there is no doubt that he has established himself as a rising star in the market. The pre-sale star has raised more than $4.5 million and could reach $6 million by the end of April 2024.
Traders are interested in KangaMoon because it launches a Play-to-Earn (P2E) game where KANG serves as the primary in-game currency. KANG allows you to upgrade your character and purchase in-game items. Additionally, KangaMoon offers weekly/monthly/quarterly challenges to her KANG holders to win additional tokens or in-game items.
KangaMoon has one goal. It's about giving back to the community. For example, KangaMoon is currently offering free Her KANG tokens to its most active community members ahead of its official launch. Therefore, countless individuals are flooding likes/shares/comments on KangaMoon’s social media posts to get this altcoin for free.
At the moment, KANG is in stage 5 of pre-sale, priced at just $0.0196. This represents an increase of 290% from the starting price of $0.005. But its growth potential is incredible given its connection to the P2E gaming market, which could reach $885 million by 2028. In fact, market analysts predict that it will rise to $1 once Tier-1 CEX lists this altcoin in the second quarter of 2024.
What makes KangaMoon better than XRP and Toncoin?
KangaMoon is different from Ripple and Toncoin as it only has a market capitalization of $19.6 million. This means that less new capital is required for KANG's price to skyrocket. As a result, KangaMoon could become one of the top 10 altcoins to watch. To purchase, click the link below and get a 10% bonus.
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