Get Ahead Of Inflation: Top Cryptos Pick That Can Outperform The Rest In The Upcoming Rally

The post Get Ahead Of Inflation: Top Cryptos Pick That Can Outperform The Rest In The Upcoming Rally appeared first on Coinpedia Fintech News

The market is facing a repricing event, as inflation data showcases continued stickiness. As a result, the likelihood of an imminent Federal Reserve rate cut has diminished. Zacks Investment Management Client Portfolio Manager Brian Mulberry recently talked on Wealth! on Yahoo Finance and discussed how it will impact not only rate cut decisions but also earning expectations. This has in turn prompted market readjustments, and now, traders are moving towards cryptocurrencies to amplify their portfolios.

However, the world’s largest cryptocurrency, Bitcoin has recently seen a major price downtrend, which has resulted in a decrease in the overall market cap for cryptocurrencies to $2.36 trillion, many have begun to diversify their holdings by looking at altcoins as opportunities through which they can enhance their earnings. 

The five altcoins that can experience the most significant price gains include KangaMoon (KANG), Ripple (XRP), Cosmos (ATOM), Sei (SEI) and Chainlink (LINK), and today, we will go over each one to determine which one can spike the most significantly in 2024 and beyond.

Engage With the Altcoin Market With the Top 5 Selections That Can Outperform Others in the Market

To see why these five cryptocurrencies specifically were selected, we will dive into their technology and on-chart performance, to determine just how far they can rise in value. By the end, we will see which is the best cryptocurrency to invest in.

1. KangaMoon (KANG)

KangaMoon (KANG) has seen the most bullish price performance and overall presale activity, which has resulted in over 20,000 users signing up for the platform even before its official launch. Moreover, from Stage 1 to the current presale stage, the KANG token has risen from $0.005 to $0.0196, and this signifies a 290% price increase.

Moreover, the platform fuses a community-driven approach with Social-Fi elements and a Play-to-Earn (P2E) infrastructure to provide ecosystem participants with the most value. On top of this platform, anyone can build their own character to unlock unique abilities, and then battle with others to win tournaments and battles. By engaging with the ecosystem and P2E world this way, each player gets access to rewards in the form of KANG tokens alongside NFTs. 

Subsequently, KANG is also used for various operations, especially in the dedicated KangaMoon marketplace. Recently, the team engaged in a partnership with RaidSharks to boost the community engagement and fun aspect of the ecosystem and even introduced a monthly reward pool. The presale raised $6 million but can raise over $7 million by the end of the month fueled by this massive level of enthusiasm and appeal. According to analysts, the crypto is positioned to climb to $1 by Q4, 2024, making it a solid opportunity. 

2. Ripple (XRP)

Ripple (XRP) is a cryptocurrency that is utilized to facilitate the transfer of funds across borders at a low cost, in a trustless and near-instantaneous way. It is the bridge currency supported by the XRP Ledger (XRPL), and it has seen substantial price movements in the past trading sessions.

Specifically, on a weekly level, the Ripple price went up from $0.4972 to $0.5545. Now, the Ripple crypto needs to move above the $0.6 range in order to reach new heights. Sentiment is bullish on its future, and according to the Ripple price prediction, it can end Q4 of 2024 at $1.13, positioning it as the best cryptocurrency to buy now.

3. Cosmos (ATOM)

Cosmos (ATOM) is an entire blockchain ecosystem that solves key scalability and interoperability issues that existed on blockchains historically. This ecosystem of interoperable and sovereign blockchain applications and services continually expands and is aimed to bolster the future of blockchains and DeFi.

As for the Cosmos price performance, the crypto has gone up from $7.78 to $8.85 during the past week, just barely missing the $9 resistance. However, the Cosmos crypto has the potential to grow further upwards in value if it regains bullish attention. Based on the on-chart metrics and according to the Cosmos price prediction, the crypto can end Q4 of 2024 at $17.97, making it the best cryptocurrency to buy today.

4. Sei (SEI)

Sei (SEI) has gained a reputation as an open-source Layer-1 blockchain utilized for the optimization of the procedure involving trading digital assets. In fact, its network has established itself as one of the quickest, boasting major speed and block finality. 

During the past two weeks, the Sei price has experienced a major price uptrend of 17%, and within a week the crypto is up from $0.5534 to $0.6623. Now, the Sei crypto is set t o pass the $0.7 price barrier, and afterwards, can appeal to traders and investors on a global scale. According to the Sei price prediction, this crypto can surge to $1.36 by the end of Q4, 2024, positioning it as a top crypto to buy.

5. Chainlink (LINK)

Chainlink (LINK) is a decentralized network that utilizes the power of smart contracts as a means of enabling Oracles that can provide data to any network. Specifically, the Chainlink network enables blockchains to interact with external data securely.

The year-to-date (YTD) climb for the Chainlink crypto has been by 81.5%. Moreover, the Chainlink price saw a notable jump during the past week as well, as it moved from $13.21 to $15.61 during that time frame. Now, LINK needs to break past the $17 price barrier to experience a far more significant price uptrend. According to the Chainlink price prediction, it can end Q4 of 2024 at $21.21, making LINK the best cryptocurrency to buy now.

Summary

As inflation is eating up the FIAT capital for most people, they have begun entering the crypto industry as a means of diversifying their holdings, in an asset class that could potentially see a price increase and give them solid returns. As a result, cryptocurrencies such as Ripple, Cosmos, Sei and Chainlink have all witnessed a solid uptrend. However, the most significant gains are expected to occur with KangaMoon, as it is still in the early presale stages, which can position it for massive growth potential in 2024 and beyond, making it the best cryptocurrency to invest in.

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

Website: https://Kangamoon.com/

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