The crypto bull market is underway and the three best altcoin to invest in for significant gains and increased earnings in 2024, according to analysts, are Ethereum, ImmutableX, and KangaMoon. The prices of Ethereum, Immutable, and KangaMoon have all increased in the last week, and this trend may continue in the months to come.
What you'll learn 👉
Ethereum (ETH) Price Crosses $2,500
Ethereum (ETH), the second-largest token by market cap, is currently trading above the $2,500 mark. According to CoinMarketCap, the altcoin price soared by 10.8%, moving from a low of $2,286.91 to a peak of $2,561.94.
The sentiment surrounding Ethereum is currently bearish as it has recorded 16 (53%) green days with 4.61% price volatility over the last 30 days. Also, its recent price surge has pushed it above the 50-Day SMA ($2,344.37) and 200-Day SMA ($ 2,001.28).
Currently, Ethereum’s RSI value is rising and has crossed 60, which indicates that bulls are in control of the market. With this bullish momentum, Ethereum bulls could climb towards the $2,700 price level.
The potential of a spot Ethereum ETF in the future also adds more allure to the Ethereum token. As a result, analysts have forecasted a potential price surge to $4,500 in the coming months.
ImmutableX (IMX) Reaches 2-Year High
ImmutableX (IMX) price had been on a steady increase since the Uptober rally in 2023. The altcoin price rode the rally to a high of $2.60 in December before falling into the hands of bears in 2024.
However, recent data shows that bulls have taken control of the market. According to CoinMarketCap, the Immutable Coin price soared from a monthly low of $1.71 to a peak of $3.04.
This represents an increase of over 44.0% in the past month. Also, Immutable Coin is bullish on the weekly and yearly timeframes, with increases of 38.7% and 186.9%.
Interestingly, this price surge has pushed Immutable to join the top 25 coins by market cap. Immutable could climb to the $4 level and even $5 if this market rally continues.
KangaMoon (KANG) to 100x in 2024
KangaMoon (KANG) is a project that seeks to integrate Social-Fi elements with a play-to-earn (P2E) gaming framework in the DeFi market. In this ecosystem, participants can create unique characters and engage in competitive battles to earn rewards.
KANG, the platform’s native meme coin, has tangible utility within the KangaMoon ecosystem. It facilitates user involvement in ecosystem activities, such as betting on battles or unlocking special challenges.
Those who face such challenges are rewarded with additional tokens and valuable in-game assets. Also, these rewards hold real-world value as they can be exchanged or sold on KangaMoon’s upcoming marketplace.
This feature allows gamers to enjoy financial benefits from the platform, setting KANG as one of the best memecoins in the DeFi market. The KANG token is currently priced at $0.005 during its first presale phase. This price point is a golden opportunity for early adopters to join before it increases.
Furthermore, after KANG is listed on exchanges in the second quarter of 2024, analysts have projected a 100x increase in value. Participate in the KangaMoon presale to connect with a lively community of memecoins.
With the cryptocurrency bull market already beginning, the three best altcoins to invest in are Ethereum, Immutable, and KangaMoon. For those seeking new coins to purchase, KangaMoon, the presale token, is available for just $0.005.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
Join Our Telegram Community: https://t.me/Kangamoonofficial
Disclaimer: This sponsored content is not endorsed by CaptainAltcoin, which takes no responsibility for its accuracy or quality. We advise readers to do their own research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.