Cardano (ADA), KangaMoon (KANG), and Chainlink (LINK) are altcoins worth watching right now. While you may be familiar with ADA and LINK, KANG is a Stage 1 presale star that may become the next 100x meme coin in 2024. Some analysts have made price predictions for all these cryptos that could blow your mind. Keep on reading to find out more.
Ali Martinez Makes a Cardano Price Prediction
Crypto analyst Ali Martinez recently made headlines with a bullish Cardano (ADA) price prediction. According to his new tweet, the Cardano price may hit $0.68 soon. Martinez bases this opinion on the fact that this altcoin shows signs of a descending triangle formation. This rally may occur if it manages to see a daily close above $0.53.
In terms of the Cardano price movement, it has pumped from $0.52 to $0.53 in the past week alone. During that time, its market cap has increased from $18.51B to $18.99B. Sentiment for this altcoin is also bullish, as 24 technical indicators are green. Therefore, they predict the Cardano coin will trade at $0.557 in March 2024.
KangaMoon (KANG): Meme Coin Revolution
Seamlessly blending social-fi and play-to-earn elements, KangaMoon (KANG) is a community-driven DeFi project where users engage in various activities. You can earn cryptos and in-game items by joining battles and tournaments or betting on matches.
At the core of KangaMoon’s ecosystem is its Social-Fi model, which rewards KANG token holders for participating in weekly, monthly, and quarterly challenges. These challenges offer a range of prizes, such as extra tokens and in-game items. Additionally, these assets can be sold or traded on the KangaMoon marketplace – further enhancing the community feeling.
Holding the KANG native token is a must if you wish to gain access to all of these activities. This one-of-a-kind meme coin now costs just $0.005 as it is in Stage 1 of its presale. But, experts forecast a 1,000% surge once a Tier-1 CEX lists it in Q2 of 2024. With close to $100,000 already raised, the future of this DeFi project looks very bright.
Michaël Van De Poppe: The Chainlink Price May Hit $25
Meanwhile, another famous crypto analyst, Michaël Van De Poppe, also made headlines with his Chainlink price prediction. According to his new tweet, this altcoin may see a retest at $16.50 and continue to $25 soon.
CoinMarketCap data shows that the Chainlink crypto value has jumped from $15.27 to $18.23 in the past 30 days. Its market cap also grew from $8.83B to $10.71B in that period. The technical analysis for this altcoin paints a bullish picture as well. For instance, Chainlink now trades above its 100 and 200-day EMAs. Therefore, market analysts predict a surge to $22.19 in March 2024.
Can KangaMoon Outpace Cardano and Chainlink?
Although altcoins like Cardano and Chainlink lead the market, KangaMoon might outpace them. Reason being, a much smaller injection of new funds is needed to trigger significant price surges by KangaMoon. You see, it has a low market cap of $5M. Therefore, KANG may be the perfect crypto to buy for fast returns.
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