The on-chain data and stakeholders engagement are contributing to the anticipation of breakthroughs in some crypto projects. Chiliz’s (CHZ) and Ondo (ONDO), for one, have already seen a 16% and 10% weekly gain respectively. However, KangaMoon (KANG) is turning the most heads. With its play-to-earn and social features, KangaMoon has delivered a 290% ROI during its ongoing token presale, and experts predict up to a 700% after its listing on major exchanges. Some picked KangaMoon as 2024’s best crypto, potentially outshining Dogecoin and others.
Chiliz (CHZ): Buoyed by Fan Engagement
Chilz (CHZ) has gained prominence as one of the leading tokens on the Ethereum blockchain, breaking away from the recent market decline. Over the past week, the native CHZ token surged up significantly by over 16%, trading within a weekly price range of $0.10 – $0.12. Meanwhile, this upward trend could be attributed to the growing popularity of Socios.com, the fan engagement platform working on CHZ token.
Socios.com is particularly known for enabling sports-fans to have influence over their favorite teams using the utility of the CHZ token. However, a note of caution: CHZ has seen a 12% decline over the past month. Whether this is a short-term blip or the start of a longer trend remains to be seen, although analysts and the CHZ community at large are optimistic.
Ondo (ONDO): Navigating Post-Surge Volatility
Ondo (ONDO), another beginner cryptocurrency launched this year 2024, is experiencing some volatility after a massive run-up. Currently trading within a weekly price range of $0.82 and $0.91, the native ONDO token has dipped by nearly 10% from its monthly high of $1.04. However, the coin still boasts a 10% weekly gain and a staggering 461% increase year-to-date.
Technical indicators further hint at a possible pause after significant growth, which might cause the ONDO token oversold in the short term. Looking ahead, analysts suggest that there is room for growth if it breaks resistance at $1.24, although continued downward pressure could see it retest support at $0.47. Nevertheless, Ondo’s future price movement remains uncertain as the market absorbs its recent gains.
KangaMoon: A Meme Coin with 100x ROI Potential
KangaMoon’s native KANG token is a promising beginner friendly cryptocurrency that has captured the market with its dual functionality in the meme coins niche. Particularly by combining P2E (Play-to-Earn) and SocialFi elements. As such, KangaMoon goes beyond the conventional meme coin concept.
Users can earn KANG tokens and other high-value in-game items by participating in strategic battle-themed tournaments and periodic challenges, fostering a dynamic in-game economy. Also, recognizing that a thriving cryptocurrency project needs a strong and passionate community behind it, the KangaMoon platform has shown what it means to rank among the best crypto.
Particularly, KangaMoon now boasts a rapidly-growing community of over 29,000 registered members. Meanwhile, this passion for community-building was further demonstrated through recent collaboration with RaidSharkBot, which is a powerful and useful tool to garner community engagement.
This exciting partnership also creates a whole new paradigm for KangaMoon fans to connect and win big from a massive $1,000 monthly reward pool, making participation not only fun but potentially rewarding. But KangaMoon isn’t stopping there. A planned listing on major Tier-1 exchanges in Q2 could trigger even more price increases.
Experts even suggest KANG could reach $0.5 by then, potentially outshining other popular meme coins like Dogecoin and Dogwifhat. With the presale price already surging 290% and analysts predicting a 700% rally before it ends, KANG has sealed its position as the best crypto in 2024.
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Disclaimer: The information provided in this article is intended for informational purposes only and should not be construed as financial advice. Any decisions made based on the content of this article are solely the responsibility of the reader. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions.