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Best Cryptos to Buy with 100x Growth Potential This Month Before They Skyrocket

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The post Best Cryptos to Buy with 100x Growth Potential This Month Before They Skyrocket appeared first on Coinpedia Fintech News

While searching for the best cryptocurrency investments, savvy investors are considering these five cryptocurrencies in the market. Amid the traditional crypto giants—BTC, ETH, SOL, and BNB—which have made significant gains with new ecosystem developments, a new star is emerging to challenge top contenders. Alongside KangaMoon (KANG), experts see the above cryptos as the best cryptos to buy in 2024 amid the broader market dynamic shifts.

KangaMoon (KANG) and RaidSharkBot Team Up for Robust Ecosystem

Unlike other cryptocurrencies, KangaMoon (KANG) is emerging as a promising investment choice for 2024. Currently undergoing its blockchain ICO, KangaMoon will launch a Play-to-Earn (P2E) ecosystem, bolstering a community-driven approach and SocialFi elements.

Users will play in-game matches through the platform, control their KangaMoon characters, and buy in-game items on the marketplace. Players battle each other in challenges and tournaments, whereas spectators can bet on these matches. In doing so, winners get KANG tokens and rare NFTs.

Additionally, KangaMoon has teamed up with RaidSharksBot to supercharge the community. The platform now has a raid bot that helps to boost engagement, igniting more optimism and fun for the KangaMoon ecosystem. Players will dive into thrilling raids and stand a chance of winning a $1000 monthly reward pool. This further cements KangaMoon’s commitment to bringing the P2E concept to the masses.

Remarkably, just in its stage 5 presale, KangaMoon has experienced robust performance, raising over $5.6M and a token price spike of about 290% to currently stand at $0.0196 from its initial offering of $0.005. Additionally, the GameFi platform has amassed over 20,000 users and over 6000 holders of the KANG token.

With a potential Tier-1 CEX listing and KangaMoon’s position to access the multi-million P2E gaming industry, experts hint at astronomical gains for the KANG token in the coming weeks. In this view, the KANG token is seen as one of the best cryptos to buy now.

Bitcoin Dominance Drops Amid Mining System Developments

Post-halving, the broader market is making a significant price recovery, whereas Bitcoin’s dominance is slightly downtrend, as the rotation is gearing up in favour of altcoins. Recently, the price of Bitcoin has struggled to push above the lower section of the market range, registering overhead pressures around the 50% Fibonacci placeholder of $66,727, according to CoinMarketCap data.

Bitcoin price is somewhat leaning toward the downside, with its relative strength index (RSI) suggesting it’s subdued after struggling to move above the 50 mean level—signaling buyer exhaustion. The price of Bitcoin would likely reverse to $63,284, and another drop to $60,000 will follow.

Amid this new development in Bitcoin’s price action, Jack Dorsey, CEO of Block, formerly known as Square, has announced a development initiative for a Bitcoin Mining system. Experts see the recent bullish Bitcoin news reversing the current BTC trading bias, allowing the pioneer cryptocurrency to target new heights. Many analysts are optimistic about Bitcoin’s price surging in the coming weeks.

ETH Price Action Amid Spot Ethereum ETF Delays

Ethereum, the second largest cryptocurrency by market capitalization, is igniting excitement with recent price pumps amid spot Ethereum ETF delays. The Ethereum price action showcases a considerable rebound attributed to increased whale activity accumulating the token.

Ethereum coin whale activity has underscored the bullish sentiments about crypto in the past few days. Additionally, it showcases an increased sense of confidence in the future of this asset, reflecting more gains in the coming weeks. While the price of Ethereum is rising due to whale accumulation, it seems that it hasn’t been affected by the recent US SEC delays for spot Ethereum ETF.

Currently, the price of Ethereum has witnessed a 5.57% increase to trade between $3085 and $3255 in the last week. Its technical indicators reflect a potential downtrend for the Ethereum coin. However, post-halving optimism and the recent whale accumulation may continue to bolster the ETH coin as the best crypto to invest in 2024.

BNB Price Soars 11% Amid Token Burn Completion

Aside from being the leading cryptocurrency exchange globally, Binance has launched a whole ecosystem of functionalities for its users. It aims to bring the crypto exchange to the center of financial activity globally. Recently, its native coin, BNB price, has been experiencing a steady surge amid various ecosystem developments.

BNB coin witnessed bullish performance above the $607 mark. The significant BNB price action underscores the growing investor confidence in the BNB coin value proposition. Moreover, the price spike is also due to several bullish BNB news stories, including achieving a significant milestone with the 27th quarterly BNB burn.

Additionally, the ecosystem has launched Renzo (EZ), a liquid restacking protocol. The BNB price surge is not a temporary rally, as its technical indicators are currently flashing green, suggesting a robust foundation for further gains. With the current BNB coin price action, many analysts see crypto among the top altcoins to invest in in 2024.

Solana’s $3.09 Billion Trading Volume Pumps SOL Price Above $155

Over the past week, the Solana ecosystem has experienced robust market performance, attributed to the broader bullish crypto market. Moreover, Solana-based meme coins are also doing well, which is attributed to Solana’s price surge. The continued recovery has propelled its total open interest and SOL token to greater heights.

A monumental 24-hour trading volume of $3.09 billion and a price bounce to $157.06 have increased Solana’s market capitalization to $70.60 billion. If the momentum continues, the price of Solana will cross over its barriers, showcasing bullish, solid trends for the SOL coin.

Solana ecosystem targets new heights as network activity and the ecosystem’s TVL surge in the layer 1 sector. According to Artemis data, Solana accounts for about 30% of daily transactions across several major layer 1 and 2 networks. The smart contract token outperforms other top layer 1 protocols regarding transaction fees, making it the best crypto to invest in 2024.

Conclusion

Discerning investors are always looking for the next investment to yield their returns. The above cryptocurrencies have recorded robust price performance, with a significant price uptrend and overall bullishness. Their future outlook projects further gains. Experts see them as the best cryptos to buy in 2024.

Discover the exciting opportunities of the KangaMoon (KANG) presale today!

Website: https://kangamoon.com/

KangaMoon Community: https://t.me/kangamoonofficial