Crypto buyers are always searching for tokens that may provide tremendous returns. Altcoins are now seen as the tokens that provide exactly that. Today, we will take a closer look at the five best altcoins to buy in 2024: KangaMoon (KANG), Solana (SOL), XRP (XRP), Avalanche (AVAX) and Polkadot (DOT).
KangaMoon (KANG): One of the Top Altcoins To Watch
KangaMoon (KANG) is starting our best altcoin list, which has recently made headlines. This rising presale star has already obtained over $3.4M and is poised to reach $4M before April ends. Additionally, it has provided early buyers with a 180% ROI – a good sign for its future.
At its core, KangaMoon will release a brand-new Play-to-Earn (P2E) game that will make KANG its main in-game currency. This means leveling up your characters and buying in-game items with this altcoin. Plus, keeping hold of KANG grants you access to exclusive challenges designed to provide bonus tokens or rewards on a regular basis—weekly, monthly or quarterly.
However, KangaMoon’s dedication to the community doesn’t stop there. During the presale phase, active participants will be given free KANG tokens before the official launch. You can get your hands on this altcoin without spending a dime just by interacting with posts on KangaMoon’s social media platforms—likes, shares or comments.
Now available for just $0.014, KANG is in Stage 4 of its presale. Things keep looking up for this coin as it enters the P2E games market, which is estimated to hit $880M by 2028 (Yahoo Finance). In fact, some are even expecting KANG to soar by 100x once listed on a Tier-1 CEX by Q2 2024—a potential moonshot that could position it as one of the best altcoins in the game.
Solana (SOL): An Altcoin Trading in the Green
Second on this list is Solana (SOL), a popular altcoin. Over the past 30 days, the Solana price has grown from $102 to $188. Not only that, its market cap has increased from $45.50B to $83.57B.
The technical analysis for this altcoin also paints a bullish picture, as it has experienced 19/30 (63%) green trading days. The Solana crypto is also trading above its 21- and 50-day EMAs. Due to all these reasons, experts have made a bullish Solana price prediction. They forecast a rise to $278 for Solana before the end of Q2 2024.
XRP (XRP) Price Analysis: Showing Bullish Signs
Third on this list is XRP (XRP), the innovative altcoin that could redefine global transactions. On the one-month chart, the XRP price surged from $0.54 to $0.62, a 15% growth. Not only that, its market cap rose from $29.61B to $34.51B during that period.
This bullish trend for XRP may continue as 20 indicators are in the buy zone. Moreover, this altcoin is now trading above its 100- and 200-day EMAs. Because of this analysis, market analysts predict that the XRP price will hit $1 within Q2 of 2024.
Avalanche (AVAX): An Altcoin Gaining Traction
Avalanche (AVAX) is the second-to-last altcoin on our list. When looking at the Avalanche price charts, we can notice that it has been experiencing noteworthy gains. For example, this altcoin price has soared from $36.71 to $55.69 over the past 30 days, a 50% growth. Furthermore, its market cap surged from $13.95B to $21.06B.
From a technical analysis perspective, the Avalanche crypto looks poised to continue its uptrend. In other words, 26 technical indicators show buy signals for this altcoin. Experts remain bullish, with Avalanche trading above its 50- and 100-day EMAs. They forecast a potential jump to $77.08 before the start of Q3 2024 for AVAX.
Polkadot (DOT): On an Uptrend
Last but not least, we have Polkadot (DOT). Polkadot is another altcoin that has been going on an upward trajectory recently. Over the past month, the Polkadot price jumped from $7.72 to $9.64. Its market cap rose from $10.22B to $13.71B in that period.
Currently, over 24 technical indicators are showing buy signals for Polkadot. Furthermore, this altcoin is trading above its 50 and 100-day EMAs. Market analysts note all these factors when making their Polkadot price predictions. Thus, they predict DOT will reach the $12.74 level within Q2 of 2024.
Conclusion
While all these altcoins are worth watching, one has the potential to rise faster than the others in 2024. KangaMoon has a low market cap of $14M —drastically lower than Solana, XRP, Avalanche and Polkadot. This means KANG needs far fewer new funds to increase its price. If interested in this altcoin, follow the links below to obtain a 10% bonus.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://KangaMoon.com/
