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The post 5 Top Altcoins With Significant Bullish Potential in 2024: BNB (BNB), KangaMoon (KANG), Ripple (XRP), Cardano (ADA) and Toncoin (TON) appeared first on Coinpedia Fintech News
While the price rallies that come with the alt season may be temporary, it takes a token with sky-high growth potential to sustain bullish sentiment beyond the alt season. Experts’ research has revealed top altcoins with a substantial likelihood of sustaining an extended bullish momentum in 2024. These tokens include KangaMoon (KANG), BNB (BNB), Ripple (XRP), Cardano (ADA), and Toncoin (TON). Let’s see why analysts picked these tokens below.
KangaMoon (KANG): The Utility Meme Coin Revolutionizing the Meme Community
KangaMoon (KANG) is bringing solid innovation to the meme community through the introduction of the KangaMoon community. This community will serve as an interactive platform for meme enthusiasts through its Social-Fi structure. Also, the play-to-earn feature on the KangaMoon platform enables members to earn from selling NFTs, collectibles from games, and more.
Notably, the KANG presale has taken the crypto market by storm, having shown sky-high growth potential. For context, investors who bought the KANG token in the first stage of presale have gotten 180% ROI while just at stage 4 of the presale. With thousands of investors trooping into the project, the KANG token has raised over $2,200,000 with analysts projecting $3M before the end of March.
Analysts have projected an over 50x rally before the end of the year and that could take the price to the $1 mark. With the massive potential of the KANG token, it’ll be wise to buy the presale and position oneself for the exponential price gains. The token is currently one of the hottest meme coins on the planet. Buying it now could prove significantly beneficial in the future.
The KANG token is sold for just $0.014. There is a 10% bonus given to buyers now. Meanwhile, members can earn the KANG token even when at presale by engaging in social media activities aimed at promoting the project. Overall, KangaMoon represents a top altcoin that can boost investors’ portfolios while also providing entertainment for meme enthusiasts.
BNB (BNB) Surpasses $500 Threshold, Sets Sight on Breaking All-time Price High
The bullish sentiment from BNB (BNB) has propelled the token above the $500 price mark for the first time since December 2021. As shown in the market stats, BNB gained over 23% within the last 7 days. Similarly, the token oversaw a 60% value gain within the last month.
Notably, over 65% of the 88% year-to-date price gain for BNB happened in 2024. Throughout 2023, the highest price that BNB attained was $345 in April 2023. However, the current market rally has led to the token price skyrocketing above the $500 mark. At its current trajectory, some analysts expect BNB to surpass its all-time price high of $690 within Q2 of 2024.
Bullish Surge for Ripple (XRP) Sees Token Reach $40 Billion Market Cap Valuation, Set Sight on $1
Ripple (XRP) is an open-source crypto ledger that is decentralized, permissionless and enhances the scalability and speed of on-chain transactions. The Ripple token has recorded a significant price uptrend of over 13% within the last week. Also, the Ripple price has gained over 39% over the last month. Notably, as one of the top altcoins, the token’s value has overseen a 100% growth in the year-to-date price metric.
As a result of the extended bullish sentiment, Ripple’s market cap valuation has entered $40B, a show of the token’s bullish resilience in the market. Moreso, the price value of Ripple is looking to reach the $1 mark for the first time since November 2021. With the positive trajectory of the Ripple trading volume and the thriving bullish sentiment, the token is likely to reach the $1 mark in Q2.
Cardano (ADA) Witnesses an Increased Trading Volume as Token Gears Toward More Price Rally
The market activity of Cardano (ADA) in the recent past has witnessed marginal growth, resulting in a significant uptrend in price. For context, Cardano has witnessed about a 35% increase in trading volume on a day-to-day average in the past week. It is not then surprising that the token price has surged by 32% within the last month. Also, Cardano has gained up to 138% in a year-to-date price metric.
With these series of positive trajectories in the Cardano price and market activity, experts reckon that the token is on its way to establishing support at the $1 threshold before the end of March.
Exponential Bullish Momentum for Toncoin (TON) Sees it Reach a New Milestone, More Price Gains Expected
For the first time since January 2022, the price of Toncoin (TON) has surpassed the $3 threshold. Having gained over 46% in price value within the past month, the token has set a bullish trajectory that has seen the token reach its new price milestone. As a result, the Toncoin market cap valuation has also surpassed the $10B mark, according to market stats.
Notably, the Toncoin trading volume has been on an average day-to-day increase of over 150% within the last week. This series of market growth has highlighted Toncoin as one of the best altcoins to consider investing in, given the bullish potential it harbors. The likelihood of Toncoin surpassing its all-time price high of $5.84 within 2024 is substantially high.
Conclusion
With over 20,000 tokens in the crypto market, pinpointing a few coins with bullish potential can be tricky. Nonetheless, having studied the crypto market and the trajectories of these tokens, experts believe there’s a substantial potential for extended bullishness for these tokens in 2024.
The KangaMoon project particularly stands out, given that the token is still in the presale phase and displaying a kind of momentum that only established tokens can pull off. As such, experts believe the KANG token could be the next blue-chip crypto that will break barriers in 2024. In view of this, buying the presale now could position investors to a massive ROI in the near future.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://KangaMoon.com/
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