Top 5 Altcoins You Must Have in Your Wallet Now

In cryptocurrency, traders always want to discover the next big thing. As Bitcoin (BTC) sees some problems, they are focusing on altcoins. Today we will talk about the five major altcoins that are set to skyrocket in 2024: KangaMoon (KANG), Render (RNDR), Ethena (ENA), Ondo (ONDO), and Fetch.ai (FET). Let’s dive into the details of each.

KangaMoon (KANG): the best Altcoin ever

First on our list of the best altcoins is KangaMoon (KANG), a unique cryptocurrency with ties to the thriving Play-to-Earn (P2E) gaming market. According to Yahoo Finance, this market is expected to reach $8856 million by 2028 and KangaMoon could become a dominant force. It will do this by launching its own P2E game soon.

In this game, KANG will serve as the main in-game currency. Users can upgrade their characters and purchase in-game items with this altcoin. Plus, holding KANG gives you access to exclusive weekly/monthly/quarterly challenges for extra rewards. These benefits are interesting as over 6,000 people now hold this altcoin.

But what makes KangaMoon stand out in the altcoin space is its SocialFi aspect. To clarify, KangaMoon is now providing the most active community members with free KANG tokens ahead of its official launch. Therefore, over 20,000 registered community members are rushing to like/share KangaMoon’s social media posts.

Currently, this altcoin is worth only $0.025 in the bonus phase of its pre-sale. Its performance has been exceptional, as first-time buyers have seen an ROI of more than 400%. But this percentage is set to increase as experts predict a 100x increase once a Tier 1 CEX lists KANG in Q2 2024. With this movement, KangaMoon emerges as one of the best altcoins to buy in 2024.

Render (RNDR): among the Altcoins to keep an eye on

Next, we have to mention Render (RNDR). Data from CoinMarketCap shows that the value of the Render token has increased by more than 500% in the last year alone, while its market capitalization stands at $4 billion. This bullish trend is set to continue Apple recently mentioned Octane, Render’s 3D design software, in its keynote presentation.

Technical analysis for this altcoin also shows a bright future ahead. For example, Render coin is trading above its 50-day and 100-day EMAs, boasting 25 green technical indicators. Therefore, experts remain optimistic for Render. They predict a rise to $15.30 for RNDR before the end of the second quarter of 2024, making it one of the best altcoins.

Ethena (ENA): Important partnerships could cause a rally for this Altcoin

Ethena (ENA) is an altcoin worth keeping an eye on in 2024. This cryptocurrency has been trading in the green as CoinMarketCap data reveals a 30% jump over the past 12 months. There have been some positive developments recently, such as Ethena’s announcement of a significant partnership with Bybit. In particular, Bybit has integrated the USDe as a collateral asset for derivatives trading.

In terms of technical analysis of the Ethena coin, a bullish future is in store. For example, there are 13 technical indicators in Ethena’s buy zone. As a result, market analysts remain optimistic for this altcoin. In their price predictions, Ethena could grow to $1.30 by the second quarter of 2024. For this reason, Ethena is a member of the top altcoins.

Ondo (ONDO): Another Altcoin trading in the green

In the penultimate place we will mention Ondo (ONDO). This altcoin has recently recorded a bullish trend, as data from CoinMarketCap shows. Notably, the value of the Ondo coin has increased by 400% on the chart since the beginning of the year, while its market capitalization has remained at $1.15 billion. This momentum could continue Zebec announces will work with Ondo to integrate USDY functionality into the Zebec card.

Ondo’s technical analysis also supports this statement. Currently, over 15 technical indicators are green for this altcoin. For all these reasons, cryptocurrency experts predict that Ondo will trade at $1.18 before the end of the second quarter of 2024.

Fetch.ai (FET): An altcoin with good growth potential

Last but not least, we will talk about Fetch.ai (FET). According to CoinMarketCap data, the price of this altcoin has grown by more than 800% in the last 12 months. This upward trend is set to continue Fetch.ai announced has integrated Meta’s Llama 3-8B into its network. With this development, Fetch.ai’s AI agents become more intelligent and responsive.

Furthermore, the technical analysis of the Fetch.ai coin is green. For example, it is trading above the 100 and 200 day EMAs, despite having 24 technical indicators in the buy zone. These factors have made market analysts very optimistic about this altcoin. They expect Fetch.ai to reach a value of $3.34 before the end of the second quarter of 2024.

What is an Altcoin?

Essentially, any cryptocurrency other than Bitcoin is an altcoin. These were created to address the perceived limitations of Bitcoin or to offer other uses. Many of them have the potential to disrupt entire industries and are gaining traction in the cryptocurrency market.

Should You Buy Altcoins in 2024?

• Early adoption: Buying promising altcoins during their early stages, like KangaMoon, could yield great returns if the project gains traction.

• Diversification: Altcoins offer a different way to make money and reduce risk.

• High performance potential: Many altcoins have the potential for significant price appreciation.

Conclusion

These major altcoins could see massive growth in 2024. However, KangaMoon stands out because it has a low market capitalization of $25 million. This means it will grow faster than Render, Ethena, Ondo and Fetch.ai because it needs less new funding. If you would like to purchase a potential future member of the top 10 altcoins, sign up for the KANG presale using the links below.

Discover exciting KangaMoon (KANG) presale opportunities today!

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