Ondo (ONDO) has gained popularity as recently it announced a partnership with MSafe, an institutional-grade multi-sig asset management platform built on Aptos and Sui. Alongside it, KangaMoon (KANG) has raised over $7.2 million and has reached over 32,000 users. To see why these two altcoins are getting the most popularity in the industry, we will go over their latest updates and on-chart performance, and we will see why these are the two best altcoins to watch.
Ondo Crypto Increases 31% – How Far Can It Reach in 2024?
Ondo (ONDO) is in the spotlight as it recently announced a partnership with MSafe, which is an institutional-grade multi-sig asset management platform that is built on two major networks, including Aptos and Sui. This can result in significant increases in the Ondo crypto utility, as the network will utilize MSafe’s multi-signature asset management solution to facilitate USDY minting and other operations on Sui.
Alongside this, rUSDY, a new form of USDY, went live on top of the Ethereum Mainnet, resulting in a spike in the Ondo price, as it’s up 31% in the past week. According to the Ondo price prediction, the crypto can end Q4 of 2024 at $1.73, making it one of the top altcoins to watch.
KangaMoon (KANG) Establishes a Multi-faceted Approach to Crypto Engagement and Utility
KangaMoon (KANG) carves out a niche in the cryptocurrency landscape by implementing a synergistic combination of cutting-edge trends: Play-to-Earn (P2E) and Social-Fi, creating a system in which anyone can earn tokens and expand the community. The strategic combination of these two elements creates a robust ecosystem where users can participate across diverse social media platforms. These interactions fuel organic community growth and are incentivized through the distribution of KANG tokens.
In the P2E game, players can engage in competitive battles and tournaments, and by doing so get rewarded in the form of KANG tokens. Moreover, the price of KANG has risen 400%, soaring from the initial price of $0.005 to its current price of $0.025. This growth has also translated into a secured funding of $7.3 million, with projections reaching $8 million by the end of the month.
KangaMoon’s credibility is further bolstered by its presence on leading cryptocurrency tracking platforms like CoinMarketCap and CoinGecko, empowering investors with price analysis opportunities. There is also a forthcoming listing on the centralized exchange (CEX) BitMart, and this signifies the project is committed towards increasing accessibility and mainstream adoption. As a result, analysts are now projecting a 100x price increase for the KANG crypto, making it an excellent choice for diversification, making it one of the best altcoins to invest in.
Why These Crypto Can Outshine the Rest in 2024 and Are Right for Diversification
Ondo is consistently expanding its offering and its ecosystem has also experienced major growth, which are aspects that can propel it to new heights in the long term. However, Kangamoon’s combination of innovative features and strategic planning position its KANG altcoin as a compelling contender in the ever-evolving market. These are all aspects that make KANG one of the best altcoins to invest in.
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