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Ethereum (ETH) has experienced an exponential level of growth as its price has jumped to new heights. Just during the past week, the crypto broke past the $4,000 price barrier, and is now in a unique position where it can reach even further gains. In the meantime however, KangaMoon (KANG), a project undergoing its blockchain ICO has followed a similar momentum, and is up 125% within the past trading session. We will go over both of their price performances to determine which one can surge in value the most during 2024 and beyond.
Ethereum (ETH) Projected to Spike to $6,330 by the End of Q4, 2024
Ethereum (ETH) blew up in value by 62% during the past month, and its year-to-date (YTD) climb was by 155%. Moreover, during the past week, the Ethereum price also showcased a massive upward momentum, as it broke past the $4,000 price barrier.
Specifically, the Ethereum crypto moved upwards from a low point of $3,756.21 to a maximum value at $4,070.60. As a result, the sentiment about its future is currently massive, and even according to the Ethereum price prediction, the crypto can spike as high as $6,330 in 2024.
KangaMoon (KANG) to Boast Social-Fi Elements and P2E Ecosystem
KangaMoon (KANG) is an altcoin that can completely change the industry by introducing a unique approach, where it is completely community-driven and where its token has vast utility across its Social-Fi elements. This platform will become a major competitor to other projects, such as Shiba Inu and Dogecoin in the industry.
It is built on top of the Ethereum network and follows the ERC20 token standard. This makes it compatible with a wide range of wallets, but the pros don’t end just there. The platform will even feature Play-to-Earn (P2E) features, where and will connect players worldwide where they can challenge each other in fights and tournaments, to test their skills.
In addition, throughout the platform, even during the presale, there is a wide range of ways through which players can earn .They can, for example, share tweets, comment, or do in-game actions. Each user can also compete in any weekly, monthly or quarterly challenges, and alongside that, they can get access to additional tokens.
The project is now undergoing its blockchain ICO period, where it has reached Stage 3. It climbed 125%, where its value moved up from a low point of $0.005 and is now offered at $0.01125. It’s also raised over $1.2 million, and could soon raise $2 million especially in Q2, 2024, where it could see listings on major exchanges. As a result, analysts are projecting a 100x price upswing following its launch. As a result it’s seen as the best new crypto to invest in.
Summary
It’s clear that Ethereum has been dominating the charts as of recently especially as it broke past the $4,000 price barrier. Yet, all eyes are currently on the KangaMoon crypto, as not only has it already provided significant ROI for early investors, but could soon break new barriers and spike significantly. These aspects make KANG one of the best cryptos to buy now.
