Having battled the bears for weeks, the crypto market is heading to the bull market once again, with Bitcoin trading above $70k. With the recent Ethereum ETF approval, there are strong indications that a bull rally is imminent as more investors key into cryptocurrency. Amid the surging popularity of KangaMoon (KANG), analysts have projected massive ROI for investors. Meanwhile, Mantle (MNT) and Cosmos (ATOM) have broken key resistance trendlines, triggering speculations of a rally. Let’s see why these are the top crypto coins to accumulate now.
KangaMoon Community Surges As CEX Listing Closes In
KangaMoon is one of the top crypto coins making waves in the market. Having kicked off the presale a few weeks ago, the popularity of the project has exceeded expectations, with whales accumulating the token. Recent data shows that the community has grown to over 33,000 members with more than 10,000 token holders. So far, the team has raised almost $8M in presale.
The KangaMoon native token KANG, which was unveiled at a floor price of $0.005 at the 1st stage of the presale, currently the token is sold for $0.025. As such, early holders have gotten 400% ROI. Popular crypto experts believe that the ROI will hit 1000% soon as BitMart CEX listing closes in.
While these are ongoing, the two major crypto data aggregator websites, CoinMarketCap and CoinGecko, have listed KANG as the token that is set for launching. Notably, the staking dApp is also live, giving users an opportunity to stake their assets for rewards. While most meme tokens are driven by hype rather than solid fundamentals, KangaMoon has a real utility.
The KANG token is used to distribute rewards, etc. As a meme-driven ecosystem, KangaMoon will integrate GameFi and SocialFi functionalities, giving users an avenue to engage in gaming adventures and win rewards. Those who win matches are rewarded with virtual currency or rare in-game items that can be traded or sold in the game’s marketplace. Overall, analysts believe KANG is one of the best crypto coins to invest in now.
Mantle Integrates With DUNE As the MNT Price Surges
Mantle, the L2 technology stack for scaling Ethereum, has integrated into the Dune platform, a move that promises to deliver extensive data insights and improve analytical capabilities for users exploring the Mantle ecosystem. This latest integration is in line with the ecosystem’s goal of enhancing user experience. By leveraging Dune’s powerful analytical capabilities, Mantle offers users the opportunity to gain deeper insights into the network.
In terms of market performance, the Mantle price has increased by 3% in the past week. The token’s major key market indicators, such as the Mantle trading volume and market cap, are in the uptrend. As such, a rally is imminent. Having set support above $1, an extended rally can push the price above $1.5 soon, making it one of the best crypto coins to buy.
Cosmos Price Prediction — Can It Hit $40 in 2024?
Cosmos is one of the top crypto coins that experts are bullish on in the long term. According to the market data, the Cosmos price has dropped below the $10 support zone due to the recent market correction. However, the Cosmos market cap is now over $3B and could hit $5B soon.
While the recent upgrade to the Cosmos Network led to a nearly 4-hour outage, leading to concerns among investors, analysts remain upbeat on their Cosmos price prediction for 2024—which is $40. With the Cosmos Fear and Greed index showing Greed (73), now might be the best time to invest in ATOM. As such, it is on experts’ watch list of top crypto coins to buy in June.
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