Google Bard, the second most popular chatbot after ChatGPT, has picked its top altcoins for investors in 2024. The altcoins include Algorand, Litecoin, and KangaMoon. Let us see why Google Bard has selected them.
Algorand (ALGO) Number of Daily Users Jump 250%
Algorand (ALGO) is among the fastest layer-1 networks, boasting low transaction fees and fast transactions. Despite these advantages, it has faced challenges in the past months due to growing competitors like Solana.
However, Algorand investors have reasons to be optimistic. On-chain analytics has shown an increase in network activity. Recent data from Algorand validator Algonode showed a 250% increase in daily active users within the past six months.
This uptick suggests growing adoption and engagement on the Algorand network. Similarly, the Algorand coin has seen a 10.2% price uptick in the past week. The altcoin rose from a weekly low of $0.1602 to a peak of $0.1849. Google Bard has predicted a potential price jump to $0.3424 before the end of 2024.
Litecoin (LTC): Google Bard Forecasts Bullish Run Despite Bearish Momentum
Unlike Algorand, which has seen a double-digit price increase, Litecoin (LTC) has only maintained a little uptick of 1.3% in the past week. The weekly price chart shows that the altcoin currently fluctuates between $67.80 and $73.33.
A look at higher timeframes shows price losses of 3.8% and 24.6% on the monthly and yearly price charts. Surprisingly, Litecoin has recorded 20 (67%) green days with 2.65% price volatility over the last 30 days.
Yet, bulls have not been able to push the price of Litecoin to higher levels. Nevertheless, Litecoin’s RSI points to a possible price surge in the coming weeks. Currently, the RSI value is rising and has crossed the 60 mark, which indicates bullish action from bulls. Google Bard has foreseen a price jump to $ 94.26.
KangaMoon (KANG) Presale Attracts Investors
In recent months, the investor community has shown a large interest in memecoins with utility. This insight has led investors to flock to KangaMoon (KANG) since the launch of its blockchain ICO. This project aims to revolutionize the perception of memecoins by integrating real utility into its ecosystem.
KangaMoon is developing a community-driven platform incorporating social-Fi elements, enabling users to participate in competitive battles to earn rewards and in-game assets. This approach is designed to foster more interaction and healthy competition among community members.
A major advantage awaits KANG token holders. They will have opportunities to accumulate more tokens through various competitions scheduled weekly, monthly, and quarterly.
The KANG token, being the primary currency of the platform, will facilitate transactions and other key functionalities. The initial blockchain ICO phase of the project has already attracted huge interest. The project has raised about $132,738.33 and sold more than 50% of the tokens.
Currently priced at just $0.005, KangaMoon will leverage the growing P2E gaming market to give its investors the best. According to Research Reports World, this market was valued at $885M in 2023, a sign of huge potential for growth.
Google Bard is optimistic about this project, predicting more price growth as the presale continues. With the first phase of the presale progressing rapidly, now is the best time to join and benefit from large ROIs as KangaMoon redefines the meme coin sector.
Conclusion
In summary, Algorand, Litecoin, And KangaMoon are Google Bard’s top altcoins for 2024. While the price movement of Litecoin and Algorand is currently slow, Google Bard sees them picking up pace in the latter part of 2024. As for KangaMoon, Google Bard has predicted a 100x price surge for the token in 2024.