Fetch.ai (FET) is dominating the charts as it has become one of the largest gainers, with a year-to-date (YTD) price climb of 531.5%. Moreover, within a smaller time-frame, the KangaMoon (KANG) crypto has seen a substantial 290% price increase, and has raised over $5.9 million with its presale. Following along is BlockDAG (BDAG), another project which has entered the market as a solid industry player. We will go over all three to determine why these are the best altcoins to watch.
Fetch.ai (FET) Grows 531.5% – How Far Can It Reach in 2024?
Fetch.ai (FET) is now dominant on the charts and could soon experience an even further price uptrend. The Fetch.ai price has gone up by 531.5% within the past year, positioning it as one of the most dominant altcoins.
Alongside this price performance, the Fetch.ai crypto also climbed from $2.09 to $2.62 during the past year, and is now on its way towards breaking past the $3 price barrier if bulls retain their hold of the crypto. According to the Fetch.ai price prediction, the crypto can end Q4 of 2024 at $3.42, positioning FET as one of the best altcoins to invest in.
BlockDAG (BDAG) to Establish a High-Throughput Network With a DAG Architecture
BlockDAG (BDAG) is a project that has distinguished itself as a contender within the Web3 space through captivating attention with massive momentum. The project offers a distinctive DAG architecture, one that promises low transaction fees, and high throughput. In addition, this is an essential aspect of enabling more efficient microtransactions, and will bolster a huge spectrum of decentralized application (dApp) development.
The BlockDAG crypto also has vast utility, but alongside it, the platform features the BlockDAG Explorer, and a Proof of Engagement mobile application. The BlockDAG price is now at $0.007 but will increase with each subsequent presale stage, positioning it as one of the altcoins to watch in 2024.
KangaMoon (KANG) Projected to Rise 5,000% and Become a Dominant Force in Web3
KangaMoon (KANG) has gained a lot of appeal from traders as it’s not just another meme coin, but completely shifts the perspective of that part of Web3 by enabling a high level of utility for its native token. Anyone in the KangaMoon ecosystem can take control of a character, and get involved with the Play-to-Earn (P2E) game. Here, they can buy items, level up their characters and have the opportunity to become more powerful. This way, they can unlock NFTs and then resell them in the marketplace. KANG is used within this marketplace, and is also given as a reward for the completion of fights and tournaments. There is also a partnership with RaidSharks in order to boost overall community engagement and increase the fun in the ecosystem.
ALongside this, the platform puts an emphasis on a community-driven approach and Social-Fi elements, which makes it an exciting project within the P2E space, which is projected to grow to $885 million by 2028. Moreover, the presale has raised over $5.8 million, and analysts are projecting that it can raise above $6 million fueled by the vast ecosystem size and offering. The native token is up 290%, rising from $0.005 to $0.0196, and at launch can surge 5,000%, making it one of the best altcoins to invest in.
Summary
Both Fetch.ai and BlockDAG have experienced solid attention from traders on a global scale, yet all of the appeal has gone towards KangaMoon recently. With its unique ecosystem, massive token utility, and substantial presale momentum, it is positioned to become an industry-leader in 2024 and beyond.
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