Recently, analyst Michaël van de Poppe made bullish statements about Sui (SUI). Meanwhile, KangaMoon (KANG) is nearing $5M in its ongoing presale. Some analysts even claim this Stage 5 presale star may become the next $0.5 altcoin in 2024. Also, Altcoin Sherpa pays some attention to Fetch.ai (FET) as the crypto to watch.
Michaël Van De Poppe Remains Bullish for Sui (SUI)
Sui (SUI) has been experiencing some volatility recently. According to CoinMarketCap data, the Sui price fell from $1.65 to $1.24 in the last month alone. However, crypto analyst Michaël van de Poppe claims that this altcoin has dropped to a level of importance but quickly bounced back. He argues that its value will not continue falling anytime soon.
The technical analysis for the Sui crypto also shows some bullish signs. For instance, this altcoin has six technical indicators in the buy zone. As a result, experts in the crypto field have made a bullish Sui price prediction. They forecast a potential jump to $1.83 for Sui within Q2 of 2024.
KangaMoon (KANG) Continues Its Outstanding Presale Performance
KangaMoon (KANG) has emerged as one of the best altcoins to invest in. This rising presale star has attracted over 20,000 community members and 5,800 KANG holders. KangaMoon is nearing the $7M raised milestone, which projections suggest may occur before April 2024 ends, as it now sits at $5M.
Global traders are drawn to this altcoin. At its core, KANG will be the main in-game currency for KangaMoon’s upcoming Play-to-Earn (P2E) game. Gamers will use KANG to buy in-game items or upgrade their characters. Additionally, KANG holders get access to weekly, monthly or quarterly challenges for extra tokens or in-game items.
What makes KangaMoon stand out from other altcoins is its community-driven focus. Currently, KangaMoon is providing its most active community members with free KANG tokens. Thus, traders are now rushing to like or comment on KangaMoon’s social media posts to obtain this altcoin for free before its official launch.
One KANG costs just $0.0196 and has provided early buyers with a 290% ROI. However, this is a Stage 5 presale price and its value will grow. Market analysts foresee a potential jump to $0.5 once a Tier-1 CEX lists this altcoin in Q2 of 2024. This price prediction seems plausible thanks to its ties to the P2E gaming market, which may reach $885M by 2028.
Altcoin Sherpa: Look at Fetch.ai (FET) as a Good Altcoin
Fetch.ai (FET) is another one of the altcoins experiencing some turbulence. Over the last 30 days, the Fetch.ai price sank from $2.63 to $2.29. Not only that, its market cap dropped from $2.19B to $1.93B. However, crypto analyst Altcoin Sherpa claims that Fetch.ai is now good for short-term accumulation.
From a technical analysis perspective, the Fetch.ai crypto may trade in the green soon. Notably, FET is now trading above its 100—and 200-day EMAs while also boasting 14 green technical indicators. Market analysts consider all these factors when making their Fetch.ai price predictions. They forecast a rise to $2.86 for FET within Q2 of 2024.
Sui vs. KangaMoon vs. Fetch.ai – Which Altcoin Stands Out?
Among Sui, KangaMoon and Fetch.ai, KangaMoon has a major advantage – a low market cap of $19.6M. This suggests that KANG could explode in value even without a large sum of new funds. Therefore, KangaMoon is one of the top altcoins, so follow the links below to get a 10% bonus.
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