Three Cryptos That Could Beast This Week: Algorand, Kangamoon, Ondo

With the crypto market heading to the moon, many opportunities abound for buyers to turn their little crypto investments into thousands this week. Algorand (ALGO) has broken a key resistance zone and could boom in the coming days. Ondo (ONDO) is about to break through the $1 mark which could lead to a massive rally.

Meanwhile, the new crypto project KangaMoon (KANG) is enticing investors with its innovative features and massive rewards system. Let’s see why these tokens are among the top 5 cryptocurrencies to buy this week below. 

KangaMoon (KANG) Investors Gain 290%, Is 400% ROI Possible This Week?

Although Algorand (ALGO) and Ondo (ONDO) are among the top 5 cryptocurrencies projected for massive rallies in the week, KangaMoon’s presale performance cannot be ignored. KangaMoon’s presale, which started a few weeks ago, has seen early investors gain over 290% returns. Analysts believe the surging momentum could push the ROI to 400% this week. 

The KANG token, which started at a floor price of $0.0050 in stage one, is now sold for $0.0196. With the success of the presale so far, the team has raised over $5.6M, and it could reach $6M this week. However, what is fueling this surge? 

Unlike other meme tokens with no real utility, KangaMoon has a real utility. The native token KANG is used as a sort of reward to gamers on the platform. According to the white paper, KangaMoon will integrate the Play2Earn and Social-fi model to build a vibrant community for meme enthusiasts. Users can engage in weekly, and monthly challenges and earn rewards. 

KangaMoon offers different opportunities for users. Players can earn virtual currency and rare in-game items by winning matches that can be traded in the game’s marketplace. The platform has also teamed up with RaidSharksBot to boost community engagement. By engaging in the thrilling raid, you stand a chance of winning a $1000 monthly reward pool. Above all, KANG is one of the best cryptos to buy now. 

Algorand (ALGO) Breaks Key Resistance Zone, Is a Rally Possible?

Algorand has been indicating a bullish influence on the market recently. According to CoinMarketCap stats, Algorand’s price has surged by 34% in the past week. The tokens trading volume has risen by over $580M in the past 24 hours as the market activity booms. 

Meanwhile, Algorand has broken the key resistance zone of $0.20 and is now heading towards the $0.25 mark. Zooming in, Algorand has a volatility of 74%, which indicates high buying activity. With the surging momentum coupled with the ongoing market rally, Algorand’s price might likely reach $0.30 before the end of the week. This makes it one of the best cryptos to buy now. 

Ondo (ONDO) Gains 13% in The Past Week. Will it break through the $1 Mark

After witnessing massive rallies in the past few days, Ondo price is now within the touching distance of the $1 mark. Some analysts forecast a breakthrough above $1 in the coming days. For context, Ondo price has increased by 13% in the past 7 days. 

Also, the Ondo trading volume and market cap are in the bull market, which could push the price higher. Recall that Ondo set a new ATH record of $1.05 on March 31st before the market retracement. However, with the return of the bull market, Ondo could smash the record this week and set a new one. Some tip it to hit $1.5 in the week. That’s an over 50% rally. 

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

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Rene Peters
Rene Peters

Rene Peters is editor-in-chief of CaptainAltcoin and is responsible for editorial planning and business development. After his training as an accountant, he studied diplomacy and economics and held various positions in one of the management consultancies and in couple of digital marketing agencies. He is particularly interested in the long-term implications of blockchain technology for politics, society and the economy.

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