The crypto space has been showing mixed signals, which has gotten investors to take caution when buying tokens. A prominent crypto analyst believes investors should keep tabs on Cardano’s (ADA) $0.57 support because a comeback is possible. Meanwhile, another top crypto influencer believes that Arbitrum (ARB) will hit $10 soon.
In another development, the KangaMoon (KANG) project has raised over $4M in presale while giving early investors huge returns. Many crypto watchers believe this new meme coin is among the top cryptos to buy within the year.
KangaMoon (KANG) Close to Raising $4.5M in Presale
Although Cardano and Arbitrum have shown good price movements in recent weeks, KangaMoon (KANG) is gaining the attention of crypto traders. The project which started the presale a few weeks ago, has been witnessing a massive inflow of investors. While currently in stage 5 of the presale, the project has raised $4,094,230.21 so far.
The KangaMoon token price has also rallied from a floor price of $0.0050 in stage 1 to $0.0196 in stage 5, with early investors having gotten 290% ROI. For investors who want to buy this top crypto coin today, there is a 10% bonus on all purchases. At the current trajectory, KangaMoon could topple Solana-based meme coins like Floki, Bonk and Dogwifhat very soon.
The team has also revealed plans to list the token in a major Tier 1 CEX exchange in Q2. In view of that, some analysts have forecasted a 50x rally in the coming months. As such, there is a high possibility of the KANG price trading at $0.5 in Q4. Meanwhile, when launched, KangaMoon will integrate P2E NFT games with the social-fi community to build an ecosystem for meme enthusiasts.
On the platform, users can participate in a series of challenges and competitions and earn prizes. Users can also speculate on match outcomes and win prizes. Token holders can earn more tokens when they participate in community activities such as commenting, tweeting or sharing posts aimed at promoting the prophet on social media. Above all, KANG is a top crypto coin to watch out for in 2024.
Blockchain Baller Predicts Cardano’s (ADA) Comeback Despite Recent Dip
Blockchain Baller, a popular crypto analyst, is bullish on Cardano in the short term. According to the top expert, the Cardano price had been riding high before it hit a snag at $0.8 and dipped. With Cardano’s price hovering around $0.6, Blockchain Baller advises investors to keep tabs on the $0.57 support level of Cardano because this could spark a comeback.
Meanwhile, the Cardano price has dipped by 14% in the past week and 20% in the past month. However, the Cardano trading volume is experiencing an uptrend. While the token is struggling to maintain the $0.57 support level, some analysts such as Blockchain Baller believe that if the coin can stabilize at that zone, a resurgence could follow and possibly a rally too.
Popular Crypto Analyst Believe Arbitrum (ARB) Will Hit $10
A crypto analyst named Against All Odds has made decisive predictions about the Arbitrum (ARB) token on X. According to the influencer, Arbitrum is a very interesting token, but it is undervalued presently. The crypto expert believes the token will trade at $10 in the coming months.
Zooming in, Arbitrum surged to its ATH record of $2.40 on January 12. The token price has declined by 26% in the past month and 16% in the past week based on market stats. While the $10 projection might be high, some analysts think that Arbitrum will witness a significant rally in the bull run. As such, the prediction might come to pass.
