Altcoin
Ethereum Price Pump, Analysts Predict These Competitors Could Be Next
With Ethereum’s recent price surge, analysts predict significant potential for these emerging competitors. Find out which cryptocurrencies are ready for the next big move.
The largest cryptocurrency in the altcoin market is currently doing crazy numbers. With a market capitalization currently above $480 billion, the price chart of Ethereum (ETH) reflects bullish signals that more or less influence how other major altcoins are perceived. Recently, the market has seen analysts and financial experts providing predictions on these coins, but the one that stands out is the speculation of Fantom (FTM) and Chainlink (LINK), reflecting their potential to join Ethereum. Meanwhile, some other investors are looking for the best new cryptocurrencies to invest in, and KangaMoon (KANG) stands out in that category.
The Fantom token can benefit from crypto analyst prediction
Recently, a crypto analyst by the media name, MyCryptoParadise on TradingView highlighted that if the Fantom token (FTM) manages to hold its support at $0.5679, it could trigger a bullish breakout. Furthermore, he stated that a successful rebound from this level could lead to Fantom price rise to $1 and potentially reach $1.2.
This means that the Fantom token could still make substantial gains this year if it maintains the necessary support and momentum, and Ethereum’s rise is already fueling this momentum. Earlier this year, Fantom (FTM) climbed as high as $1, however, the market crash caused its value to drop nearly 50% to around $0.56. Despite this setback, Fantom will continue to show strong commitment as one of the best altcoins around.
KangaMoon (KANG) awaits listing on BitMart with impressive pre-sale records
Aiming to become one of the new frontiers in the meme coin space, KangaMoon is introducing its existing and potential users to a meme-supported GameFi and SocialFi ecosystem, backed by tangible utility purposes. In KangaMoonIn the immersive world of , nicknamed “Kangaverse”, players will be able to participate in battles and tournaments while earning KANG tokens and other valuable in-game items.
This captivating gameplay drives consistent demand for $KANG token, which further highlights its role as the primary utility token of the KanagaMoon platform. Furthermore, $KANG will also enhance KangaMoon’s online presence thanks to its innovative Social-Fi mode where there is a simple social media incentive to win tokens for free. This can potentially make $KANG one of the best altcoins to watch out for.
After launching into the pre-sale market with this unique strategy, KangaMoon managed to gather over 32,000 community members and nearly 10,000 $KANG holders. Furthermore, in line with its roadmap, KangaMoon has obtained a listing on both CoinMarket and CoinGecko, securing another on BitMart.
So far, KangaMoon has seen a 400% price increase during the pre-sale stages, a huge factor for more growth in the meme coin market. Thus, the $KANG token appreciated from $0.005 to $0.025 in the current presale phase. Meanwhile, the pre-sale project has also raised nearly $7 million in pre-sale revenue and is nearing the $8 million mark.
A leading analyst sees bullish outlook for Chainlink price
Although the Chainlink (LINK) token has found itself in a consolidation phase, the chances of a bullish breakout may be sooner than expected. Chain shirt stands out in the altcoin market as a good long-term investment option as the strength of its network extends to the expandability of smart contracts, data feeds, oracles and DeFi.
However, recently a prominent cryptocurrency expert, CryptoBullet, predicted that Chainlink is on the verge of a big rally and just a few weeks after his prediction, Chainlink saw a price increase of almost 30%. With recent positive network activity, the Chainlink token can perhaps be the best altcoin to buy in the long term.
KangaMoon or Fantom, which is a better investment?
Compared to KangaMoon, Fantom is just a smart contract platform that provides services to DeFi developers. KangaMoon, on the other hand, taps into a wide range of specialties including the GameFi market, SocialFi market, DeFi market, and NFT market, which shows how much investment strength it has.
Discover exciting KangaMoon (KANG) presale opportunities today!
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