Ethereum has garnered significant attention in the crypto community as the countdown to the trading of ETFs begins. However, Real Vision analyst Jamie Coutts believes that a major altcoin market is also on the horizon. Market experts have identified KangaMoon, Solana, and Near Protocol as the top three altcoins expected to experience an explosive rally.
BitMart, one of the leading crypto exchanges, has announced its listing for KangaMoon (KANG) as the launch approaches. KangaMoon has had a remarkable blockchain ICO, raising over $7.5 million and attracting more than 32,000 users. The excitement surrounding KANG intensified when both CoinGecko and CoinMarketCap announced their support for the KANG token. Now, with BitMart joining in, the listing of KANG on the exchange is eagerly anticipated by the KangaMoon community. Top exchange listings often result in significant price increases, which could further boost KANG’s value. With a price increase of 400% already this year, KANG has the potential to rise even higher.
KangaMoon has received extensive support due to its status as a DeFi project that allows users to maximize their income stream. It combines elements of GameFi and P2E, enabling players to participate in daily, weekly, and monthly competitions to earn KANG tokens, NFTs, and other rewards. The project also incorporates an innovative Social-Fi mechanism to incentivize user contributions, fostering a vibrant community of gamers. Experts are optimistic about KANG’s potential to reach as high as $1 during this bull cycle. Currently priced at $0.025 in the bonus stage of its blockchain ICO, KANG presents an attractive investment opportunity.
While Ethereum has been in the spotlight, Near Protocol (NEAR) has quietly emerged as one of the top altcoins in the market. NEAR has more than doubled its price year-to-date and is identified by former Bloomberg analyst Jamie Coutts as one of his top altcoin picks for this altseason. Coutts highlights Near Protocol as one of the smart contract platforms that has exhibited significant strength recently. He expects NEAR to outperform most of the market during this altseason. Although NEAR has been trading around $7.5 in recent days, its price could surpass the $10 mark in the coming weeks.
Crypto analyst Javon Marks, who previously described Shiba Inu (SHIB) as being in an “intermission” phase, now offers a more bullish outlook. Marks suggests that SHIB has broken out of a bull flag pattern following an impressive three-day winning streak. He predicts a robust performance from SHIB, leading to a substantial price increase in the next few weeks. With its current price range at $0.0000260, Marks forecasts a more than 230% surge in the price of Shiba Inu, projecting it to trade above $0.0000889.
In conclusion, while the trading of Ether ETFs will undoubtedly drive up the price of ETH, there are alternative altcoins with even more promising prospects. KangaMoon, Near Protocol, and Shiba Inu are among the top altcoins to consider. Based on their outlook, these altcoins appear poised to achieve greater gains than ETH during this altseason.
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Tags: NEAR, SHIB
