Altcoins
These Major Altcoins Below $1 Could Explode This July (While Everyone Else Misses Out)
While Bitcoin and Ethereum usually dominate the scene, many altcoins below $1 have emerged. The three most popular altcoins that could see an explosive increase in July are KangaMoon (KANG), Cardano (ADA), and Notcoin (NOT).
While ADA and NOT have been trading in the green, numerous Tier-1 exchange listings have led analysts to consider KANG as the next $1 altcoin in 2024. Let’s take a closer look at all these tokens.
KangaMoon (KANG): Reveals Tier-1 Stock Quotations
KangaMoon (KANG) has recently captured the attention of the altcoin space. In particular, KangaMoon’s presale has ended, bringing impressive returns for early buyers who jumped in. Those who participated saw an ROI of over 400%, as the altcoin price rose from $0.005 to $0.025 during this period.
The leading analyst, Cryptocurrency Developmentmade some bullish statements about KANG. He put two rocket emojis on KangaMoon’s X post stating that it went live on BitMart. Evidently, he predicts that this news could skyrocket the value of KANG. Additionally, KangaMoon announced that it went live on another major DEX: Uniswap. This is a great achievement for a rookie.
Basically, KangaMoon will enter the Play-to-Earn (P2E) gaming market with its P2E game. You can earn KANG tokens in this game by winning battles or tournaments. But what makes KangaMoon unique is its SocialFi features. To clarify, members who remain active can also earn free KANG. As a result, over 32,000 people signed up during its pre-sale.
Currently, one KANG token is only $0.08, a 1,500% increase from its initial presale price. However, a major CEX Tier-1 listing for this altcoin is coming soon. Therefore, market analysts remain confident in its growth potential. They predict a rise to $1 once this listing happens in Q3 2024, making it one of the most promising altcoins to watch in July.
Cardano (ADA): An Altcoin Preparing for a Bullish Rally
Next, we will talk about Cardano (ADA), one of the main altcoins of the moment. According to CoinMarketCap dataCardano price has increased by nearly 40% in the past year alone. Cryptocurrency analyst World of Charts also remains bullish on this altcoin. In his post Xclaims that ADA is gearing up for a bullish rally as it expects a move towards $0.80 soon.
Technical analysis of the Cardano cryptocurrency supports this statement. For example, ADA now boasts about 17 technical indicators in the buy zone. For all these reasons, crypto experts have made a bullish forecast for the Cardano price. They predict a potential increase to $0.53 before the end of Q3 2024.
Notcoin (NOT): Expected to Rise Strongly on Massive Burn Event
Finally, we will mention Notcoin (NOT), another well-known altcoin. Right now, Notcoin terminated a major burn event, burning 210 million NOT tokens worth $3 million in one day. This type of burn can ignite a bullish trend for this altcoin, although it hasn’t been doing well lately.
In the YTD chart, Notcoin cryptocurrency has lost 10% of its value. But looking at the technical analysis of Notcoin the story is different: it looks pretty good. More than five technical indicators point to a bullish momentum for NOT. Thanks to this important news about Notcoin, analysts see the price of this altcoin reaching $0.017 by the end of Q3 2024.
Final Thoughts on July’s Top Altcoins
In preparation for an explosive July in the altcoin space, KangaMoon, Cardano, and Notcoin are set to rise. However, one of them stands out: KangaMoon. This newbie has a lower market cap and ties to the P2E gaming market, which could reach $8856M by 2028, meaning it will grow faster while being more stable. If you want to buy one of the best altcoins, follow the links below.
Discover the exciting pre-sale opportunities for KangaMoon (KANG) now!
Website: Italian: https://Kangamoon.com/
Join our Telegram community: Italian: https://t.me/Kangamoonofficial
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