Brace For A Potential 100% Rally This Week With These Top DeFi Coins

The post Brace For A Potential 100% Rally This Week With These Top DeFi Coins appeared first on Coinpedia Fintech News

In the current DeFi market, there’s always a chance to strike gold. Today, we will explore the top DeFi coins that could surge by 100% this week. These include KangaMoon (KANG), Chainlink (LINK), THORChain (RUNE), Avalanche (AVAX), and The Graph (GRT). Watching these DeFi coins and how they’ll pan out is crucial. Let’s begin.

KangaMoon (KANG): Climbing up the DeFi Crypto List

KangaMoon (KANG) has been taking off in the DeFi space, raising over $1M in its current presale and looking to hit $1.5M this week. They have also made an exciting announcement – the Community Engagement Campaign Season 1. Anyone may share a prize pool of $500 in KANG just by following their X account, retweeting, tagging friends, and joining their Telegram account.

But this is just one of many things that set KangaMoon apart from other DeFi projects. The primary currency for the upcoming KangaMoon play-to-earn (P2E) game will be KANG, which players can use to power up characters and purchase items that can then be sold on the KangaMoon marketplace.

Currently at Stage 3 of its presale, with a price of $0.01125 (a 125% increase since its starting price), KANG is expected to attract more investors once it hits exchanges in Q2 2024. Plus, targets suggest it could go up to $1 before Q2 2024 after listing somewhere like Coinbase or Binance.

This price prediction has the potential to come true as this DeFi project is tied to the rising P2E NFT games market. According to Yahoo Finance, this market was worth $329M in 2022 and may reach $885M by 2028. To capitalize on this growth for free, simply become an active member of the KangaMoon community.

Chainlink (LINK): Shows Notable Gains And Bright Long-term Prospects

Recently, Avalanche (AVAX) has been riding a bullish wave. According to CoinMarketCap data, the Avalanche price has jumped from $18.37 to $21.27 in the last 30 days alone. In that period, its market cap also saw growth from $10.70B to $12.50B. Furthermore, Lookonchain reveals that eight wallets have recently taken out 831,160 LINK.

This massive transfer indicates increased interest from whale investors in Chainlink – a good sign for those bullish about cryptocurrency. With 26 technical indicators also flashing green for this DeFi coin, experts have made a bullish price prediction. According to them, the Chainlink crypto could surge to $27.09 in Q2 of 2024.

THORChain (RUNE): Riding A Bullish Wave On The Price Charts

Meanwhile, THORChain (RUNE) has also been showing bullish signs. For example, the THORChain price surged from $5.16 to $9.23 last month – nearly a 75% jump. The RUNE market cap increased from $1.73B to $3.13B during that time. Not only that, THORChain announced that it has reached a new milestone with a $500M TVL.

The technical analysis for this DeFi coin is also bullish. Notably, 28 technical indicators are showing buy signals. The THORChain crypto is trading above its 100 and 200-day EMAs. Due to all these reasons, experts in the crypto field have made a bullish THORChain price prediction – a pump to $11.29 within Q2 of 2024.

Avalanche (AVAX): Impressive Performance in the DeFi Market

Avalanche (AVAX) is another DeFi coin on an uptrend lately. On the price charts, the Avalanche crypto has jumped from $38.82 to $43.09 in the last 30 days. In that period, the AVAX market cap saw growth from $14.27B to $16.25B. This increase can be attributed to the hype surrounding the Teleporter upgrade, which made Avalanche a linked network of many chains.

When looking at the technical analysis for this DeFi coin, it is clear that this bullish trend may continue. For example, Avalanche is trading above its 50 and 100-day EMAs while boasting 25 green indicators. Both of these factors signal a potentially bright future ahead for AVAX. Therefore, market analysts predict a surge to $67.55 within Q2 of 2024.

The Graph (GRT): Jumps Nearly 160%

Lastly, The Graph (GRT) is a DeFi coin that shows green charts. As per CoinMarketCap data, The Graph price increased from $0.16 to $0.44 over the last 30 days, nearly a 160% jump. This DeFi coin’s market cap surged from $1.59B to $4.15B at the same time. The integration of the Astar zkEVM into The Graph has contributed to this rise.

This bullish trend will continue as the technical analysis shows promising signs. Most notably, The Graph is trading above its 50 and 100-day EMAs. Not only that, this DeFi project has now experienced 19/30 (63%) green trading days. Thanks to all these factors, market analysts have made a bullish The Graph price prediction – hitting $0.52 within Q2 of 2024.

Final Thoughts

KangaMoon is a standout coin in the crowded DeFi market, besting competitors like Chainlink, THORChain, Avalanche, and The Graph. With its market cap at a low $11.25M, it takes far fewer new funds to move KANG’s price to astronomical heights. This key feature could attract investors who hope for substantial returns with minimal cash on the table.

Plus, thanks to its real-world ties to the flourishing P2E NFT games market, KangaMoon will remain stable and grow. If interested in one of the top DeFi coins, follow the links below and obtain a 10% bonus on each purchase.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

Website: https://Kangamoon.com/

Join Telegram Community: https://t.me/Kangamoonofficial