A lot of factors are considered before investors and traders purchase a token. While the road map and use case are important, users also consider tokens that are on the verge of a breakout. A breakout could lead to a rally, which will lead to a massive ROI. In view of this, analysts have chosen three tokens that may experience a rally within the next few weeks. They include Near Protocol (NEAR), Compound (COMP) and Kangamoon (KANG).
Near Protocol (NEAR): High Chance of a Sustained Bullish Sentiment
The Near Protocol (NEAR) token experienced an uptrend towards the end of August when the token price reached $1.23. However, the Near Protocol token has not shown impressive price performance since then. The token price dropped by a slight 2% in the last 30 days.
Near Protocol has shown signs of a resurgence in the last few days. It may be wise to buy the token now, as analysts expect the NEAR token to go on an extended rally. The Near Protocol trading volume has increased by over 50% which shows there has been an increasing demand for the token. Analysts forest the token trading above $3 before the end of Q4. That’s more than a 20% increase from the current price.
Analysts Back Compound (COMP) Token To Rally Amid Price Struggles
The Compound (COMP) token is witnessing varied price movements. Although the COMP token price dropped by 6% within the last month, a closer look at the Compound token price trend in the last week shows a slight uptrend in the price trajectory. While this may mean little, analysts believe it could trigger an extended price surge in Q4 of 2023.
It may be too early to determine whether Q4 will see the Compound token trade above the $76 it reached back in July. However, the COMP token may see a price rebound that’ll reward traders who have bought the dip before the end of the year. Analysts foresee Compound tokens returning more than 30% profit soon. In view of that, the token is projected to trade above $60 before the end of Q4 of 2023.
Kangamoon (KANG) Experience Steady Growth in Reputation As It Synergizes Crypto Trading and the P2E Platform
Backed by a strong community of crypto enthusiasts, Kangamoon (KANG) will introduce an innovative P2E platform where individuals can monetize their gaming skills. Players will take on the role of a spirited kangaroo to compete against other gamers in an immersive boxing gameplay. Players can earn virtual currencies, NFT collectibles, and other gems which they can trade for money in Kangamoon’s marketplace.
Notably, the KANG token is the native token of the Kangamoon platform and it has sky-high growth potential. This growth potential has resulted in huge presale token purchases by investors from
other crypto projects like Near Protocol and Compound.
While still in its presale phase, the KANG token is on a steady upward trajectory which may see the token gain over 22x in value by the end of its presale. Crypto traders may also see a further 35x growth for the KANG token after it gets listed on major exchanges.
Investors can buy the KANG token for only $0.005. About 60% of the 1 billion maximum token supply will be sold on the ongoing presale, while the rest will be shared among departments such as development, marketing, listings and rewards. SolidProof has audited Kangamoon’s smart contract.
Visit Kangamoon (KANG) Presale
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