In the current DeFi market, there are some whispers of three coins that could be soaring in price in 2024. These cryptos are Cardano (ADA), KangaMoon (KANG), and Arbitrium (ARB). While you may be familiar with ADA and ARB, KANG is a Stage 1 presale star that could evolve into the next 100x meme coin in 2024. Let’s find out why.
Ali Martinez Reveals a Bullish Cardano Price Prediction
Crypto analyst Ali Martinez recently made headlines with his Cardano (ADA) forecast. According to his new tweet, the Cardano price may see a bullish rally in April 2024. He states that before this rally comes, ADA will continue consolidating.
In terms of the Cardano crypto value movement, it has jumped from $0.48 to $0.50 in the past week alone. During that time, its market cap has increased from $17.21B to $17.74B. Sentiment for this altcoin is also bullish as it trades above its 100 and 200-day EMAs. Because of this, experts in the field foresee Cardano trading at $0.51 in March 2024.
KangaMoon (KANG): The Rising Star in the Meme Coin Space
Regarding meme coins, KangaMoon (KANG) leads the race with its unique blend of community-driven dynamics, play-to-earn features, and social-fi integration. With market analysts predicting a skyrocketing Q2 2024 for KangaMoon similar to Shiba Inu and Dogecoin, it’s worth keeping an eye on.
At the core of this DeFi project will lie a P2E game in which players will be building their characters. In this game, players will gain in-game items and cryptocurrency as rewards for winning battles. These aren’t just items, though – they’re tradeable. Players can also sell them on the KangaMoon marketplace.
To set themselves apart from the other meme coins, KangaMoon will introduce the KANG native token. Most meme coins lack utility, but not KANG – it will be used as an in-game currency. This DeFi coin is currently in Stage 1 of its presale and costs only $0.005. Moreover, demand is sky-high, as KangaMoon has raised close to $60,000 so far.
Due to its association with Yahoo Finance’s estimated $329M value gaming market (in 2022), this meme coin could explode. In fact, market analysts predict it could see up to a 1,000% surge once it hits exchanges in Q2 of 2024.
More Crypto Online Remains Confident for Arbitrum (ARB)
Meanwhile, the crypto analyst behind the More Crypto Online YouTube channel made a bullish Arbitrum price prediction. In his new YouTube video, he claims that this altcoin may hit $3.21 soon. CoinMarketCap data shows that ARB’s value has fluctuated between $1.78 and $1.76 in the past week alone. Its market cap moved between $2.28B and $2.25B during that time.
Sentiment for Arbitrum remains bullish, with 17 technical indicators in the green. Moreover, its Fear & Greed index rating shows a 60 (Greed). Because of this, experts predict that the Arbitrum price may reach $1.92 in March 2024.
Cardano vs. KangaMoon vs. Arbitrum – Which One Will Pump First?
In the race to be the hottest, KangaMoon is an underdog. With a market cap of $5M, it needs relatively few new funds to make its price skyrocket. In other words, Kangamoon has more room for growth. Cardano and Arbitrum might be good, too, but they don’t have this space to grow in. Therefore, KANG is the top meme coin to buy for fast returns.
