5 Top Altcoins Set To Thrive In 2024
With over 13,000 cryptocurrencies in the crypto market, choosing the right altcoins for growth can be overwhelming sometimes. However, experts have done the heavy lifting to reveal the 5top altcoins with massive growth potential in 2024. These tokens include KangaMoon (KANG), Bitcoin (BTC), Uniswap (UNI), Cardano (ADA), and XRP (XRP).
Find out why these coins were chosen below.
5 Top Altcoins to Buy in 2024
1. KangaMoon: An upcoming altcoin with P2E and Social-Fi elements.
2. Bitcoin: The most successful and valuable crypto on the planet with over $1.2 trillion market cap valuation.
3. Uniswap: A key player in the crypto market with over 47% growth within the past month.
4. Cardano: One of the top open source, proof-of-stake protocols with a token that harbors high growth potential.
5. XRP: A top DeFi coin that has withstood significant legal battles with the SEC with over 52% year-to-date price growth.
KangaMoon (KANG): A Project that Aims to Create a Thriving Meme Community
KangaMoon (KANvG) is an emerging play-to-earn platform that facilitates quintessential on-chain gaming. Through the GameFi feature, members can earn rewards, collectibles, or even the high-potential $KANG native token. Also, the SocialFi structure of the KangaMoon ecosystem allows for social interaction between meme enthusiasts.
Meanwhile, the KANG token has been resonating across the crypto market industry, given its massive growth potential. For context, the $KANG token has recorded over 180% ROI for early investors of the presale. While the token is currently in the 4th stage of its presale, experts are projecting over 700% growth for the token before the end of its presale.
At the price of only $0.014, KANG represents a top altcoin investment alternative, given its cheap price point and room for growth in the future. There’s also a limited 10% presale bonus offer for traders who buy the presale.
So, now is the best time to join the thousands of crypto traders and experts who’ve already joined the KangaMoon presale. With an ever-growing meme coin industry worth over $51B, joining the KANG project will position traders to benefit from the growing uptrend of the meme industry.
● Amount raised: $2.3M
● Use case: Play to Earn
● Chain: Ethereum
Bitcoin (BTC): The Most Valuable Crypto Which Isn’t Showing Signs of Stopping
Bitcoin (BTC) is the first decentralized cryptocurrency to appear on the blockchain. Created in 2009 by Satoshi Nakamoto, Bitcoin has recorded remarkable growth over the years to become the most valuable cryptocurrency ever. For context, Bitcoin’s market cap is valued at above $1.2T, as per market stats.
So far in 2024, Bitcoin has climbed from $42,000 to set a new all-time price record of $73,000 in March. While the token is currently below the $65,000 threshold, experts reckon that Bitcoin is likely to reach $100,000 before the end of 2024. This informs the decision to add the token to the list of top altcoins to record significant price gains in 2024.
● Market cap: $1.2 Trillion
● Use case: Decentralized Finance
● All time high: $73,750
Uniswap (UNI): A Decentralized Trading Protocol Holding its Fort in the Industry
Uniswap (UNI) has grown a reputation as a popular trading protocol on-chain that facilitates automated trading of DeFi coins. Similarly, the Uniswap token has maintained a bullish sentiment since the start of February. As shown in the market stats, Uniswap has recorded over 48% in the past month. Also, the Uniswap price has generated up to 70% in a year-to-date price metric.
Meanwhile, the recent price trajectory of Uniswap over the last week has shown a loss of about 18%. Nonetheless, experts are confident that Uniswap will rally again, considering that the token’s trading volume has shown strong positive growth.
● Market cap: $6.7 Billion
● Use case: Decentralized Exchange
● All time high: $44.97
Cardano (ADA): A Revolutionary Blockchain with the Aim to Make the World a Better Place
Cardano (ADA) is an open-source, proof-of-stake protocol that contributes to positive global change through peer-reviewed technological developments. The Cardano coin has encountered a recent bearish trend, which has seen the token lose about 17% in value over the last week. This has put a dent in the token’s ambition of reaching the $1 mark in the foreseeable weeks.
Meanwhile, Cardano’s price has overseen a significant uptrend, as shown in the token’s 79% growth in a year-to-date price metric. Similarly, Cardano’s trading volume is showing an average day-to-day growth of over 30% since last week. This growth underscores the slight but visible bullish signal being showcased by Cardano. Experts believe the token is likely to trigger a significant uptrend before the end of March.
● Market cap: $22 Billion
● Use case: Staking
● All time high: $3.10
XRP (XRP): An Effective Alternative to the Bitcoin Blockchain
XRP (XRP) is an open-source, decentralized blockchain ledger that employs permissionless protocol to execute on-chain transactions. The XRP protocol was launched in 2021 by owners David Schwartz, Jed McCaleb, and Arthur Britto. XRP supports a variety of DApps in its ecosystem, such as DeFi and NFTs (in prospect).
The XRP token has recorded over 53% in a year-to-date price metric. Moreover, XRP’s trading volume has been on a positive growth of over 100% on a day-to-day average since the past few weeks. Also, the XRP’s market cap valuation sits comfortably above the $33B valuation. While the token’s 7-day price turn shows a 7% loss, XRP still maintains a bullish trajectory in the crypto market.
As such, XRP’s journey to reaching the $1 mark is likely to happen in Q2. Some analysts believe the token price will reach $5 in the year.
● Market cap: $33 Billion
● Use case: Decentralized Ledger
● All time high: $3.84
Conclusion
The cryptocurrencies highlighted in the article are based on in-house crypto analysts’ market analysis of a significant number of altcoins in the market. These alt coins all have a substantial likelihood of growth over the next couple of months. However, KangaMoon is perhaps the crowning jewel of the tokens listed in the article due to its exponential potential while still in its presale phase.
With over 180% growth within the first four stages of its presale, it is no wonder that experts are projecting massive price growth for the token in the future. At the current trajectory, KANG may go on to become the next blue-chip meme coin in the industry alongside Dogecoin, Shiba Inu, and more.
Explore the thrilling opportunities available in the KangaMoon (KANG) presale today!
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