Even though Bitcoin and Ethereum usually hog the limelight, many altcoins below $1 have come to notice. The three most popular altcoins that may experience an explosive rise in July are KangaMoon (KANG), Cardano (ADA) and Notcoin (NOT).
While ADA and NOT have been trading in the green, numerous Tier-1 exchange listings have made analysts peg KANG as the next $1 altcoin in 2024. Let’s take a closer look at all of these tokens.
KangaMoon (KANG): Reveals Tier-1 Exchange Listings
KangaMoon (KANG) has recently been capturing headlines in the altcoin space. Notably, the KangaMoon presale has finished, bringing impressive returns for early buyers who got in on the action. Those who participated saw an ROI of over 400%, as the altcoin price climbed from $0.005 to $0.025 during this time.
The prominent analyst, Crypto Dev, made some bullish statements about KANG. He placed two rocket emojis on KangaMoon’s X post stating that it has gone live on BitMart. Evidently, he predicts that this news could cause KANG’s value to skyrocket. Also, KangaMoon announced it has gone live on another major DEX—Uniswap. This is a big achievement for such a rookie.
At its core, KangaMoon will enter the Play-to-Earn (P2E) gaming market with its own P2E game. You can win KANG tokens in this game by winning battles or tournaments. But what makes KangaMoon unique is its SocialFi features. To clarify, members who stay active can earn free KANG as well. As a result, over 32,000 people signed up for it during its presale.
Currently, one KANG token costs just $0.08, a 1,500% increase from its starting presale price. However, a major Tier-1 CEX listing will soon come for this altcoin. Therefore, market analysts remain confident in its growth potential. They forecast a rise to $1 once this listing occurs in Q3 of 2024, making it one of the most promising altcoins to watch in July.
Cardano (ADA): An Altcoin Preparing for a Bullish Rally
Next, we will discuss Cardano (ADA), one of the top altcoins at the moment. According to CoinMarketCap data, the Cardano price increased nearly 40% in the past year alone. Crypto analyst World of Charts also remains bullish on this altcoin. In his X post, he claims that ADA is preparing for a bullish rally as he expects a move toward $0.80 soon.
The technical analysis of the Cardano crypto supports this claim. For instance, ADA now boasts around 17 technical indicators in the buy zone. Due to all these reasons, experts in the crypto field have made a bullish Cardano price prediction. They foresee a potential surge to $0.53 before Q3 of 2024 ends.
Notcoin (NOT): Projected To Soar Thanks to a Massive Burn Event
Last, we will mention Notcoin (NOT), another well-known altcoin. Just now, Notcoin finished a big burn event, burning 210M NOT tokens worth $3M in one day. This kind of burn can light up an uptrend for this altcoin, even though it hasn’t been doing well lately.
On the YTD chart, the Notcoin crypto has lost 10% of its value. But looking at the technical analysis of Notcoin tells a different story: it looks pretty good. More than five technical indicators are pointing towards bullish momentum for NOT. Thanks to this major Notcoin news, analysts see this altcoin’s price reaching $0.017 by the end of Q3 2024.
Final Thoughts on the Top Altcoins in July
In preparation for an explosive July in the altcoin space, KangaMoon, Cardano, and Notcoin are bound to surge. However, one of them stands out—KangaMoon. This rookie has a lower market cap and ties to the P2E gaming market, which may reach $8856M by 2028 meaning it will surge faster while being more stable. If you wish to buy one of the best altcoins, follow the links below.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: https://Kangamoon.com/
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