Altcoins
Altcoin is poised for a 3x jump if the bulls keep running
The current bull run has seen the price of Bitcoin surpass $70,000 for the first time since the Bitcoin halving. As analysts expect the rally to continue, Gala (GALA), Kaspa (KAS), and KangaMoon (KANG) are expected to triple in yield in the coming weeks. While the price of Gala has decreased in the last week, the price of Kaspa and KangaMoon is increasing. With the KANG token listing coming in the next few days, the token could return more than 10x profits in the short term. Let’s see why these altcoins are ripe for growth.
KangaMoon is set to rise 600 times as the Bitmart listing approaches
With the launch of KangaMoon very close, the native token, KANG it is one of the top altcoins expected for massive rallies in the coming weeks. Whales are already hoarding the token in anticipation of a rally. Those who saw KANG’s potential early and purchased the token achieved returns of 400%. With its BitMart listing coming soon, a rally is in the offing.
While Gala and Kaspa are expected to see massive rallies, both are unlikely to match KangaMoon’s comeback in the coming weeks. The KangaMoon ecosystem is already growing with over 32,000 members and 10,000 token holders. As more and more CEX exchanges list the token, the popularity will increase. Therefore, pushing the price of KANG higher and making it one of the best altcoins in the market.
Having been listed on CoinMarketCap and CoinGecko, KANG could emerge as one of the top 10 altcoins of June. Some analysts predict 100x rallies in the coming months. Therefore, KANG price may reach $1 sooner than expected. Currently, the KANG token is selling for just $0.025. Recently, KangaMoon partnered with Telegram bot, RaidSharksbot, to increase engagement.
Those who join the exciting raid stand a chance to win a monthly reward of $1000. Additionally, the team has unveiled the Kangameme context which also rewards users with $50 weekly. With 25% of the total offering going towards in-game rewards, more incentives are on the way. In terms of security, the smart contract has been audited. On the current trajectory, KANG could do 20x in the next bull run.
Gala’s market capitalization is set to reach $2 billion
Gala seems to be recovering after the latest hacking incident. After a hack devastated the ecosystem, the team recovered over $20 million in Ethereum. To address the incident, the organization proposed burning 4.4 billion Gala tokens, a move that could stabilize the price. The Gala price reacted positively to the news.
Second CoinMarketCap Data, the token has gained slightly in recent days. Additionally, Gala’s market capitalization is now close to hitting $2 billion. Meanwhile, Gala is trading above the 50-day and 200-day SMA. Although Gala market sentiment is neutral, analysts expect a rebound and perhaps a rally soon. Therefore, many Gala price predictions push the price to retest $0.08 in June and $0.1 in Q3, making it one of the best altcoins to watch in Q3.
Kaspa Price Prediction: Will It Reach $0.5 Before Q2?
Kaspa (KAS) is one of the altcoins that has witnessed a notable rally over the year, with the price reaching $0.18 ATH on February 20. Since then, the price of Kaspa has been declining. However, the Kaspa token has triggered another round of rally in recent weeks. Data from CoinMarketCap shows that the coin has gained 15% in the past week as the bulls return.
Key Kaspa market indicators have also been in the green for days as analysts predict a rally. With these positive signs, Kaspa’s market capitalization is expected to reach $4 billion as trading volume increases. Kaspa market sentiment is bullish, and if bulls continue to hold the current support level of $0.13, experts believe that Kaspa price will reach $0.5 in the third quarter.
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