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Ethereum Price Pumps, Analysts Predict These Competitors Could Be Next

by BSC News

May 23, 2024

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With Ethereum's recent price surge, analysts forecast significant potential for these emerging competitors. Discover which cryptocurrencies are poised for the next big move.

The largest crypto in the altcoin market is doing crazy numbers currently. Holding over $480 billion in market caps now, Ethereum (ETH) price chart is reflecting bullish signs that more or less affects how other top altcoins are perceived. Recently, the market has seen analysts and financial experts give predictions on these coins but one that stands out is Fantom (FTM) and Chainlink’s (LINK) speculation, which reflects their potential to tag along Ethereum. Meanwhile, some other investors are looking for the best new crypto to invest in and KangaMoon (KANG) is standing out in that category.

Fantom Token May Take Advantage of Crypto Analyst’s Prediction

Recently, a crypto analyst with the media name, MyCryptoParadise on TradingView highlighted that if Fantom (FTM) token can hold its support at $0.5679, it could trigger a bullish breakout. Additionally, he said that a successful bounce from this level might see the price of Fantom rise to $1 and potentially reach $1.2. 

 

This means that Fantom token could still achieve substantial gains this year if it maintains the necessary support and momentum, and Ethereum’s rise is already fueling that momentum. Earlier this year, Fantom (FTM) went as high as $1 however, the market crash caused its value to drop nearly 50% to around $0.56. Despite this setback, Fantom will still show strong effort as one of the top altcoins around.

KangaMoon (KANG) Awaits BitMart Listing With impressive Presale Records

Aiming to become one of the new frontier in meme coin space, KangaMoon is ushering its existing and potential users into a meme-backed GameFi and SocialFi ecosystem that is backed by tangible utility purpose. In KangaMoon’s immersive world dubbed “Kangaverse”, players will be able to participate in battles and tournaments while also earning KANG tokens and other valuable in-game items.

 

This captivating gameplay drives consistent demand for $KANG tokens which further highlights its role as the primary utility token of KanagaMoon platform. Additionally, the $KANG will also enhance KangaMoon online presence thanks to its innovative Social-Fi mode where there is an easy social media incentive to win the tokens for free. This can potentially make $KANG one of the top altcoins to watch out for.

 

After launching into the presale market with this unique strategy, KangaMoon has been able to gather over 32,000 community members and nearly 10,000 $KANG holders. Furthemore, in alignment with its roadmap, KangaMoon has achieved a listing on both CoinMarket and CoinGecko, while securing another on BitMart. 

 

So far, KangaMoon has seen a 400% increase in price throughout its presale stages— a huge factor for more growth in the meme coin market. As such, the $KANG token has appreciated from $0.005 to $0.025 in the current stage of its presale. Meanwhile, the presale project has also raised nearly $7 million in presale revenue, and is nearing the $8 million milestone.

Prominent Analyst Sees Bullish Outlook for Chainlink Price  

Although, Chainlink (LINK) token has found itself in a consolidation phase, the chances of a bullish breakout might be sooner than expected. Chainlink stands out in the altcoin market as a good investment option in the long term as the strength of its network goes as far as smart contracts expandability, data feeds, oracles, and DeFi. 

 

However, recently a prominent crypto expert, CryptoBullet predicted that Chainlink is on the verge of a major bull and just a few weeks after his prediction, Chainlink’s has experienced a nearly 30% surge in price. With a positive network activity recently, Chainlink token can possibly be the best altcoin to buy for the long term.

KangaMoon or Fantom, Which Is a Better Investment?

Compared to KangaMoon, Fantom is only a smart contract platform that provides services to DeFi developers. KangaMoon, on the other hand, taps into a vast array of specialties including, GameFi market, SocialFi market, DeFi market, and the NFT marketplace, all of which shows how much investment strength it has.

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 paid press release. BSC.News does not endorse and is not responsible for or liable for any content, accuracy, quality, advertising, products, or other materials on this page. The project team has purchased this advertisement article for $360. Readers should do their own research before taking any actions related to the company. BSC.News is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods, or services mentioned in the press release.

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