The crypto space is ever-evolving and the market is quite volatile, resulting in significant price uptrends, or dips depending on the overall momentum. Recently, the most significant level of attention has gone towards cryptocurrencies which can spike upwards in value due to this volatility, where analysts project significant gains not only until Q4 of 2024 but beyond as-well. The three coins that we will be looking at include Jupiter (JUP), dYdX (DYDX) and KangaMoon (KANG). Let’s go over the price performance of each one to determine why these are the best altcoins to invest in.
Jupiter (JUP) has showcased an upwards momentum and has the potential to explode even further if it manages to regain bullish attention. Specifically, during the past week, the Jupiter price has gone up from $0.85 to $1.25, and at this rate could soon break even beyond the $2 price barrier.
For the Jupiter crypto to do this, it will need to regain attention and see massive accumulation, and if it does, it could potentially reach new heights. According to the Jupiter price prediction, it can end 2024 at $3.13, which would mark a new all-time high point for the crypto, making it one of the best altcoins to invest in.
dYdX (DYDX) has also showcased dominant on-chart performance as the crypto entered the green zone, capturing the attention from analysts. The dYdX crypto could be the latest one to experience explosive growth, especially if it manages to break above the $3 price barrier, which could result in a new all-time high point as-well.
The dYdX price showcased major weekly growth as it moved from $1.80 to a maximum price point at $2.95. It’s all-time high was on March 7, 2024 when it reached $4.52, and now, if it breaks past $3 again, it is positioned for major growth. According to the dYdX price prediction, this crypto can end 2024 at $5.30, putting it as one of the top altcoins to get into.
KangaMoon (KANG) is an upcoming Play-to-Earn (P2E) platform which combines a community-driven approach with Social-Fi elements and establishes a location in which anyone can earn crypto or NFTs. Each player will be able to gain control over their own KangaMoon character, and by doing so, can challenge other players or engage in tournaments, with an opportunity to get rewards.
There will also be a dedicated marketplace in which anyone can buy, sell or trade these NFTs for additional capital gains. During the past sessions, the KANG token has risen 290%, as its starting value was at $0.005 and is now trading at $0.0196. However, the presale also raised over $5 million and will soon pass the $7 million mark, expected to occur by the end of the month. Analysts are now projecting a 100x price increase for the KANG token, positioning it as one of the top altcoins.
Those looking to diversify their holdings have begun eyeing not only Jupiter and dYdX, but KangaMoon as-well. As its a project in its crypto ICO phase, it has the most growth potential, and with its current accumulation rate, it can become a dominant force in the industry throughout 2024 and beyond.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
Join Our Telegram Community: https://t.me/Kangamoonofficial
The recent Federal Open Market Committee (FOMC) decision, along with some technical cues, could be…
Grand Cayman, Cayman Islands, May 3rd, 2024, ChainwireProtocol launches, growth trajectory, and industry-leading technology point…
EYWA, a consensus bridge that secures transactions across multiple protocols, has raised a total of…
StakingFarm is proud to announce the launch of its groundbreaking Bitcoin liquid staking product, a pioneering…
Rahaman Kargar, founder of Blockchain Asset Management, proudly announces the launch of its blockchain fund tailored…
Trace Labs, the core developers of OriginTrail, has joined the European Union's initiative to foster a…