While Polkadot & Fantom Are Seeing a Price Recovery, Top Analysts Say This Newcomer Will Take Over in July 2024

Polkadot (DOT) and Fantom (FTM) have recently demonstrated signs of price recovery, with both showing green charts. However, experts are now interested in a new participant who may rule the market in July 2024: KangaMoon (KANG). This new GameFi project finished its presale recently, reaching 400% ROI.

This puts them in a good position for another huge meteoric rise in price. Market analysts have it pegged as the next $0.5 crypto in 2024. Let’s take a closer look at why they have created this number.

 

Polkadot (DOT): Bullish Divergence

Polkadot (DOT) is a crypto that has recently seen bullish momentum. Over the past year alone, the Polkadot price increased by over 10%, as per CoinMarketCap data. Moreover, market analyst AMCrypto stated that a bullish divergence is in store for DOT. In his X post, he foresees a price breakout above crucial resistance to the $8 level for Polkadot.

The technical analysis of the Polkadot crypto supports this statement. For example, DOT trades above its 100—and 200-day EMAs, while 17 technical indicators are green. Due to all these reasons, market analysts have made a bullish Polkadot price prediction. They foresee the price of DOT reaching $8.48 before the end of Q3 2024.

Fantom (FTM): Clear Weekly Retest

Meanwhile, Fantom (FTM) has also seen some exciting movements. According to CoinMarketCap data, the Fantom price surged nearly 65% in the past 12 months. Crypto expert EliZ also remains bullish for this crypto. EliZ’s X post shows that the Fantom crypto now sees a clear weekly retest, which could trigger a bullish run in the next few weeks.

From a technical analysis perspective, the future of the Fantom coin also looks bright. Notably, FTM trades above its 100 and 200-day EMAs while having seven technical indicators in the buy zone. As a result, experts in the crypto field foresee the price of FTM reaching $0.73 within Q3 of 2024. This Fantom price prediction makes it one of the cryptos to watch.

KangaMoon (KANG): A Game-Changing Newcomer

KangaMoon (KANG) is becoming the most discussed cryptocurrency in town. Instead of being just like any other blockchain project, KangaMoon has created a space for itself with its innovative SocialFi and Play-to-Earn (P2E) ecosystems. This unique approach involves a broader audience through an interactive, rewarding platform.

KangaMoon recognizes community members’ engagement and activity by rewarding them with KangaMoon tokens. In combination with this SocialFi aspect, KangaMoon also taps into P2E by allowing users to create characters and compete in battles. This feature makes the platform more interesting for gamers and a good place for crypto lovers.

The KangaMoon presale was an overwhelming success, raising over $8M, having nearly 32,000 registrations, and providing early buyers with a 400% ROI. During this time, the KangaMoon price rose from $0.005 to $0.025 – a big achievement for this rookie.

While already listed on data aggregator sites like CoinMarketCap and Coingecko, KangaMoon recently announced it went live on significant exchanges like Uniswap and BitMart. Because of this, market analysts foresee its current price of $0.08 rising to $0.5 once a Tier-1 CEX lists it in Q3 of 2024 – a 525% ROI for those who buy it now.

Will KangaMoon Outshine Polkadot and Fantom?

As Polkadot and Fantom are showing some gains, one cannot overemphasize KangaMoon’s potential. It has a lot going for it right now: a low market cap, good presale figures and ties to the P2E gaming market, which is projected to reach $8856M by 2028, among other things. Thus, KangaMoon will surge much faster than its peers while being more stable.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

Website: https://Kangamoon.com/

Join Our Telegram Community: https://t.me/Kangamoonofficial

Buy KANG: MEXC, BitMart, Uniswap

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the trustworthiness, quality, accuracy of any materials in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.


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