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As the crypto market soars, Litecoin, Injective, and KangaMoon are expected to be three of the best performing projects. Though Litecoin and Injective have seen negative returns over the last month, experts believe they’re on track to quickly bounce back. Meanwhile, experts anticipate that KangaMoon will offer significant returns during its presale.
Will Litecoin Surge After A Whale Transaction?
Recent data from the website, Whale Alert, showed that a crypto whale recently made a significant Litecoin transaction. The whale transferred 100,000 LTC tokens, estimated to be worth $7 million at the time of the transaction.
This transaction has sparked debate among crypto experts, who are now asking whether or not Litecoin could surge. Over the last month Litecoin’s price increased by just 1.55%, placing Litecoin among the worst performing top 20 cryptocurrencies.
Due to its poor performance, many investors sold their Litecoin holdings, and Litecoin’s daily trading volume fell to $380 million. However, some experts now predict that Litecoin could surge.
Presently, LTC is trading at $70.6. Experts believe that due to its growing support, Litecoin could increase to $75, potentially reaching $80 should the crypto market maintain its bullish momentum. As a result, Litecoin could be a strong investment in Q1.
KangaMoon (KANG) Raises Over $170k
KangaMoon (KANG) recently hit a major milestone of raising $170k during the first stage of its presale. This milestone signifies the altcoins potential, and shows that its focus on social-fi is attractive to investors.
KangaMoon combines social-fi elements with P2E gaming to create a unique investor experience. The project will actively promote community engagement by rewarding the most interactive users within the community.
Within its ecosystem, KangaMoon will offer weekly, monthly, and quarterly challenges for users to win KANG, the project’s utility token. Users will also be able to maximize their returns during the KangaMoon presale by earning KANG for promoting the project.
These incentives are designed to attract like-minded meme coin enthusiasts, and help KangaMoon build the world’s best DeFi community. Within this community, users will also have the chance to win rewards with a lucrative P2E game, during which players will be able to battle and customize characters.
Can Injective Hit A New All-Time High ?
Injective has seen a significant decline of 14.73% over the last month. This decline has caused Injective trading activity to fall, despite the launch of its latest feature, gas compression. Gas compression lets Injective offer the lowest gas fees ever recorded in the DeFi market. As a result, users can mint NFTs, send funds, stake crypto, and more for near-zero fees.
This new development sets Injective up for long term success, though presently, the project is struggling to build momentum. Over the last week Injective’s price decreased by 0.27%, with a 0.45% decrease in the last 24 hours. Nonetheless, some experts believe that Injective could surge later this year.
How High Will KangaMoon’s Presale Go?
As a rapidly growing presale, experts are bullish about KangaMoon. Price predictions suggest that KANG could offer significant returns of up to 220% during the project’s presale, after which the altcoin could soar. As a result, many experts are calling KangaMoon a must-have investment for individuals looking to maximize their returns in 2024.
