Altcoin
Top 4 Altcoins With Explosive Potential That Others Are Sleeping On
Traders are constantly looking for altcoins through which they can diversify their holdings in order to achieve the highest returns during the next bull run. However, there are thousands of cryptocurrencies to choose from, so making the right decision can be difficult. As a result, we conducted an analysis and determined that TRON (TRX), Aave (AAVE), Toncoin (TON), and KangaMoon (KANG) have all shown strong upside and could provide significant ROI. Let’s examine their performance on the chart to see why traders are sleeping on these potentially high ROI cryptocurrencies.
TRON (TRX) will rise to $0.1769 by the fourth quarter of 2024
TRON (TRX) is in the spotlight following its 63% year-to-date (YTD) growth and a major ecosystem upgrade. Specifically, Google Cloud has joined List of TRON DAO Super Representatives candidates on top of its blockchain, and TRON’s price has risen ever since.
However, TRON cryptocurrency still needs to break above $0.15 as a resistance point to see significant gains and attract crypto whales. If so, according to TRON price prediction, it could close the fourth quarter of 2024 at $0.1769, positioning it as one of the best altcoins to buy.
Aave (AAVE) Will Experience Major Ecosystem Expansion: Can It Reach More Than $100?
Aave (AAVE) released its roadmap for 2030 and proposed a list of major updates and expansions, including Aave V4, Aave Network, Cross-Chain Liquidity Layer, non-EVM L1 implementations and a new visual identity, which will contribute to the future of DeFi innovation. These aspects have pushed the price of Aave upwards and on the year-to-date (YTD) chart, the cryptocurrency has grown by 51%.
Furthermore, the Aave cryptocurrency now needs to break through the $100 price barrier to reach new heights, and if it does, it can start the next bull run. According to Aave’s price forecast, the fourth quarter could end at $127.51.
Toncoin (TON) up 243%: how far can it reach in 2024?
Toncoin (TON) has also emerged as one of the highest-earning traders in the altcoin space, recording a 243% increase year-to-date (YTD). Furthermore, the price of Toncoin has increased as the size of its ecosystem and the number of daily addresses has increased increased by 500% since March.
Daily active addresses have increased 100% in the last month alone, as reported by Santiment and based on data from DeFiLlama, the Total Value Locked (TVL) of the Toncoin cryptocurrency increased from $18.8 million at the end of February to $258.8 million, an increase of 1,276%. As a result, sentiment about its future is bullish, and based on the Toncoin price prediction, it could end 2024 at $3.22, positioning it as one of the best altcoins to buy.
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KangaMoon (KANG): Evolution of the Altcoin space with P2E and Social-Fi
Kanga Moon (KANG) is one of the latest altcoins to dominate the charts, growing by 400% fueled by increased appeal thanks to its unique blend of Social-Fi elements and Play-to-Earn (P2E) functionality. Unlike many cryptocurrencies in its niche, KANG offers real utility, as anyone can play the next game to earn tokens or actively participate on various social media channels to be rewarded for their efforts.
Additionally, KANG has already raised over $6.9 million and will raise over $7.5 million by the end of the month, fueled by huge interest as over 32,000 users have signed up on the platform. The price of the token increased from $0.005 to $0.025, and at this rate, it can increase 100 times after its launch and major listings on exchanges.
BitMart announced that it would list the token, and it is already active on CoinMarketCap and CoinGecko, all of which have spurred demand for the cryptocurrency. The Bonus Stage presale is the last opportunity traders have to purchase KANG at a discount before it explodes in value.
Why traders shouldn’t sleep on these 4 best Altcoins
Each altcoin brings something new and exciting to the Web3 space, and TRON, Aave, and Toncoin have all historically shown major price increases. However, the most recent growth has been seen with KangaMoon, and it is poised to provide a much higher ROI as it introduces a unique blend of Social-Fi and P2E elements, making it a major player in the market. These aspects place KANG as one of the best altcoins to invest in.
Discover exciting KangaMoon (KANG) presale opportunities today!
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