Home
News
Traders who want to make it big in the crypto field need to stay on their toes. As the Year of the Dragon progresses, various cryptocurrencies have stood out. A well-known analyst hints that KangaMoon (KANG), Render (RNDR), Toncoin (TON), Solana (SOL), and Cardano (ADA) are the top crypto coins to watch. Let’s find out why.
1. KangaMoon Emerges As the Best Crypto To Buy
KangaMoon was named first by a prominent market analyst in his best cryptos list. Currently, KangaMoon is soaring through its presale run, providing early buyers with a 290% ROI. Not only that, but it has already raised over $4.7M and is on pace to reach $6M before April 2024 ends.
There’s no denying that KANG is unique. It will serve as the primary game currency for KangaMoon’s next Play-to-Earn (P2E) game. With KANG, you may purchase in-game items and character upgrades. In addition, KangaMoon provides KANG holders with access to challenges for more tokens.
KangaMoon puts the community first. Before the official launch, it gives its most active community members free KANG. This leads countless traders to scramble and engage with KangaMoon’s social media to get KANG for free. As a result, there are now over 20,000 registered community members – a good sign for its future.
KANG is in Stage 5 of its presale and costs only $0.0196. After a Tier-1 CEX listing, analysts project 100x growth in Q2 2024. Given that the P2E gaming sector is projected to reach $885M by 2028, this price prediction seems plausible, making KANG the top crypto to invest in the Year of the Dragon.
2. Render (RNDR) To Build on AI Hype
Next up is Render (RNDR), an AI-based cryptocurrency that wants to change digital content creation forever. As the AI hype continues to rise, Render may continue skyrocketing. Therefore, RNDR is another good crypto to buy for substantial growth in the Year of the Dragon.
In terms of the Render price movement, it soared from $1.60 to $9.06 in the past year alone. Its market cap rose from $579M to $3.45B during that time. The technical analysis for this crypto paints a bullish picture as well. For example, the Render token trades above its 50 and 100-day EMAs. Because of this, analysts predict a rise to $14.15 within Q2 of 2024.
3. Toncoin (TON) Climbing up the Crypto Charts
The analyst also picked Toncoin (TON) as one of the top 5 cryptocurrencies to watch in the Year of the Dragon. Recently, Toncoin has been on a tear, as its value jumped from $4.39 to $7.07 in the past 30 days alone. During that period, its market cap also soared from $14.78B to $24.55B. It has even flipped Cardano (ADA) to become the #9 biggest crypto.
The technical analysis for the Toncoin crypto also shows bullish signs. Notably, Toncoin is trading above its 50—and 100-day EMAs. Furthermore, 26 technical indicators are in the buy zone for this crypto. As a result, experts in the crypto field have made a bullish Toncoin price prediction. They foresee a jump to $8.80 before Q2 of 2024 ends for TON.
4. Solana (SOL) Among the Best Coins To Invest in Now
The analyst placed Solana (SOL) in second to last place. Led by low transaction fees, Solana is a blockchain platform that has taken the market by storm. It boasts a growing ecosystem of DApps and impressive developer support. As more people adopt it, its price could rise in the Year of the Dragon.
The Solana crypto has been trading in the green recently as well. Over the past month alone, SOL’s value increased from $150 to $173. Its market cap jumped from $67B to $77B in that time. Since Solana also trades above its 100 and 200-day EMAs, its future looks bright. Analysts forecast a potential surge to $229 for Solana within Q2 of 2024
5. Cardano (ADA) Continues Riding a Bullish Wave
Finally, the analyst mentioned Cardano (ADA) as a good crypto to buy in the Year of the Dragon. Cardano has captured attention thanks to its commitment to sustainability. In the last seven days, the Cardano price soared from $0.57 to $0.58, and its market cap increased from $20.32B to $21.89B.
From a technical analysis perspective, the Cardano crypto may continue this bullish trend. In other words, Cardano is now trading above its 100 and 200-day EMAs while boasting 11 green technical indicators. Thus, experts in the crypto field predict ADA will reach $0.87 before Q2 of 2024 ends.
Final Thoughts: The Best Cryptocurrency To Buy Today
The Year of the Dragon presents countless crypto opportunities, with KangaMoon, Render, Toncoin, Solana, and Cardano leading the charge. However, KangaMoon stands out thanks to its low market cap of $19.6M, which means it needs far fewer new funds injected into it for its price to rise. If you want the best crypto investment, follow the links below and get a 10% bonus.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://KangaMoon.com/
Join Our Telegram Community: https://t.me/KangaMoonofficial
Disclaimer: Any information written in this press release or sponsored post does not constitute investment advice. Thecoinrepublic.com and all its authors do not, and will not endorse any information on any company or individual on this page. Readers are encouraged to do their research and take any actions based on their findings and not from any content written in this press release or sponsored post. Thecoinrepublic.com and all its authors do not and will not be responsible for any damage or loss caused directly or indirectly by the use of any content, product, or service mentioned in this press release or sponsored post.
Sam Chess is an utterly focused person looking for the minute details having potential to make a big difference. He is a writer and proofreader with a zeal to understand the cryptocurrency market. Additionally, he can be found trying to figure out the biggest mystery in the industry, Satoshi Nakamoto.
Contact :linkedin
