Altcoins
Investors are keeping an eye on these top 3 altcoins for potential rally opportunities
Finding the best altcoins that will rise is not easy due to the unpredictability of the cryptocurrency market. However, with detailed market analysis, you can narrow down the altcoins with high chances of seeing a rally. Fantom (FTM), Ethena (ENA), and KangaMoon (KANG) are some of the top altcoins in the market with bullish sentiment. Although KangaMoon is still new and on pre-sale, analysts suggest it will return 50x in the coming months. Let’s see why you need to accumulate these tokens now.
KangaMoon (KANG) sets the stage with giveaways and partnerships
As the cryptocurrency market continues to witness a retracement, KangaMoon is making waves with numerous partnerships and giveaways. A few weeks ago, KangaMoon partnered with RaidSharksBot to increase engagement across the ecosystem. KangaMoon didn’t stop there; the team also offered a monthly reward of $1,000 to users who joined the exciting raid and won.
While celebrating this milestone, KangaMoon has launched the Kangameme contest, where users can share their KangaMoon-themed meme on Twitter and Reddit for a chance to win $50 weekly prizes. Outside of these, the ecosystem KangaMoon is integrating P2E NFT games and a social-fi model. This means that users can participate in various activities and earn rewards and prizes.
Users who win the games are rewarded with KANG, virtual currency or rare in-game items that can be traded or sold in the game’s market. To be part of this community that has registered over 22,000 registrations, purchase the KANG token now for just $0.025. Those who purchased the token early achieved a 400% return.
However, it is still not too late, as analysts expect a 700% return before the end of the pre-sale and 50 times after listing on the CEX exchanges. The token is expected to list before the end of the second quarter, with experts predicting the price to reach $0.5 a few days after the listing. KangaMoon is opening up the $176 billion gaming market for everyone to benefit from. It would be wise to stockpile one of the best altcoins now that it is selling for less than a cent.
Fantom (FTM) maintains resilience despite market corrections
One of Fantom’s main goals is to solve problems associated with smart contract platforms, especially transaction speed issues. Fantom aims to solve these scalability issues using its Lachesis mechanism, which promises faster transaction processing and stronger security. This attracted investors to the platform. From a price value of $0.34 in late January, Fantom’s price rose above $1 in late March. However, the retracement of the cryptocurrency market forced the price lower.
Again, Fantom has remained resilient, holding support above $0.50 for the past few weeks. With Fantom’s market capitalization still around $2 billion, there is huge room for growth. Some analysts are optimistic that Fantom will establish support above $1 in the coming weeks, making it one of the top altcoins to watch in May.
Ethena (ENA)’s bullish momentum is ongoing, as experts predict 100% ROI before the end of May
Although new to the cryptocurrency market, Ethena (ENA) is already laying claim to the billion-dollar altcoin market. The synthetic dollar protocol built on the Ethereum blockchain seeks to provide a crypto-native solution for money that is not dependent on traditional banking system infrastructure. Its non-dependence on traditional financial infrastructure attracted investors to the project.
Data from CoinMarketCap shows that the token has gained over 40% since launch, with Ethena’s market capitalization also exceeding $1 billion. With Ethena’s growing trading volume and series of partnerships and adoptions, analysts believe Ethena’s price will trade above $2 in the second quarter. This puts it on our list of altcoins to watch in the coming weeks.
Discover exciting KangaMoon (KANG) presale opportunities today!
Website: https://kangamoon.com/
Join our KangaMoon community: https://t.me/kangamoonofficial
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