Top Gainers Post Halving: These Altcoins Are Poised to Explode

The post Top Gainers Post Halving: These Altcoins Are Poised to Explode appeared first on Coinpedia Fintech News

The promise of a high return usually fuels many investor’s interest in the dynamic crypto world. However, as much as the established crypto coins offer a higher degree of stability, emerging projects also stand out by presenting cutting-edge features topped with exponential growth, especially within the altcoin market. Now the Bitcoin halving event has passed, Near Protocol (NEAR, Solana (SOL), and KangaMoon (KANG) are some of the outstanding altcoins to watch that hold a higher explosive potential in 2024.

KangaMoon stands out in various ways, just at its last presale stage, KANG managed to raise over $5.5 million, with a current target of reaching $6 million before the end of April. With such an outstanding prospect, analysts believe this altcoin will set new highs within the coming months, positioning it among the best altcoins to invest in.

Near Protocol (NEAR) Mixed Market Reaction

Near Protocol (NEAR) price has been catching investors’ eyes due to its recent performance, which has been undergoing a tug-of-war between losses and gains. Over the last seven days, the price of Near Protocol has undergone some ups and downs, indicating varied investor confidence. With such a unique position within the altcoin ecosystem, the NEAR price movement seems to be gaining scrutiny as traders are trying to gauge its next direction after the Bitcoin Halving.

Trading at around $4.50 and $6.90, according to CoinMarketCap, Near Protocol Foundation is offering a unique developer-friendly platform that might influence its current market pressure. Many analysts have also placed the price prediction for Near Protocol in the positive, especially with its recent surging momentum.

Solana (SOL) Price Analysis by Crypto Tony

Solana’s (SOL) price trajectory seems to be a captivating topic within the cryptocurrency market, with both traders and analysts keeping a close eye on its movement. Among those well-known crypto analysts is Crypto Tony, who shared insights regarding the price of Solana coin against the dollar. His analysis seems to have sparked a major discussion regarding Solana coin’s potential for a bottom formation and a subsequent price rebound.

According to Crypto Tony’s chart analysis and price prediction for Solana, SOL bears seem to have tested the $137.00 level, suggesting a potential support level. However, for the Solana coin to confirm a bottom formation, there is a need for an upward price impulse. Trading at around $132.26 and $154.50, according to CoinMarketCap, the Solana community awaits further developments that will validate this hypothesis.

KangaMoon (KANG) Presale Targets $6M Before the End of April

Amid the skepticism surrounding the altcoin market sustainability, KangaMoon (KANG) continues to emerge as a beacon of hope with its unique features. Unlike the traditional altcoin tokens, KANG aims to carve an outstanding niche by pioneering a unique gaming experience that will feature both SocialFi and GameFi elements.

To foster deeper engagement and an outstanding sense of community, KangaMoon will employ a dynamic ecosystem that will allow users to acquire in-game assets, including the KANG tokens and NFTs, by simply engaging gameplay mechanics. These mechanics will extend past traditional quests, including player-versus-player challenges, to feature social media activities like sharing and commenting.

In its last presale stage, where the KANG tokens are going for just $0.0196, KangaMoon raised over $5.5 million. Its current target is to reach $6 million by the end of April, something that seems possible given KANG’s success during its presale stages. Additionally, KangaMoon is offering a 20% purchase bonus on all purchases.

With such a successful presale, KangaMoon stands out as a unique altcoin that’s poisoned to undergo a major surge, especially after the Bitcoin halving event. For early investors, its current price offers them a 290% ROI—a reason why it’s important to jump in and stand to gain heavily as KangaMoon prepares to be listed among the major exchange platforms in Q2, where analysts predict it could undergo a 50x surge.

Conclusion

KangaMoon’s presale success underscores the altcoin’s strong fundamentals. This outstanding altcoin, currently in its last presale stage, has surpassed its initial target by far. Unlike the rest of the altcoins, its true appeal lies in its ability to earn and trade KANG tokens through in-game characters and other high-valued items.