Since the start of this second quarter, the altcoin market, after the Bitcoin halving, has undergone important but subtle changes. These changes are linked to the fact that some altcoins are showing bullish signs against the next crypto surge. CoinGecko, a leading cryptocurrency tracker published a report of the top twenty trending altcoins on the market a few days ago, and companies like Fantom (FTM), Gala (GALA), Sui (SUI) and Etthena (ENA) presented particularly unique factors acting as a catalyst for the meteoric growth . of these best altcoins.

Smart money investors have turned their attention to this list, considering tokens that could enhance their portfolio. Amidst this research, the pre-sale market is also an attractive place. In this sector, KangaMoon (KANG) is making its share of progress with more than $7.3 million already made in pre-sale revenue. Among the best cryptos to buy, KangaMoon offers impressive platform features capable of generating abundant returns.

KangaMoon (KANG) Aims for Top Meme Coins Status with Multi-Stake Approach

KangaMoon (KANG) has achieved impressive feats throughout its ICO journey and most investors in the meme coin market already have high hopes that $KANG will surpass most of the top meme coins on the market. KangaMoon has secured two major listings so far, with CoinMarketCap and CoinGecko and is also expected to list on BitMart and Uniswap very soon, increasing its upside potential by over 1,000% during this second quarter.

The KangaMoon token has already appreciated by over 400%, from $0.005 to $0.025, hence its potential for greater gains when it eventually launches to the broader altcoin market. In addition to the fact that $KANG is already offering its early investors a return on investment of up to 400%, the platform has also raised over $7 million so far. This impressive growth stems from its overwhelming influence as a GameFi and SocialFi coin platform.

With the potential to significantly influence the GameFi market, Kangamoom offers a unique gaming approach, where users can earn $KANG tokens by participating in fighting competitions and/or even bet on the outcomes of battles. In addition to being able to secure NFT prizes and private access, KangaMoon is currently launching a SocialFi challenge where users can simply comment and share KangaMoon’s posts on social media to get free KANG tokens.

So far, the project has managed to attract over 32,000 community members and almost 10,000 token holders, a feat that has allowed it to rank among the best new coins to buy. Industry experts predict that KangaMoon will reach $1 by the end of the year, due to its attractive features and its recent RaidSharkBot partnership aimed at generating more engagement for the platform.

Fantom Network Working on Platform Upgrade, Projects Bullish Efforts for the Year

With the aim of innovating and growing its ecosystem, Fantom Network (FTM) has made huge strides in the blockchain space. Fantom recently created the Sonic Foundation and Sonic Labs to support their latest project, the Sonic Chain. This shows Fantom’s commitment to growing its decentralized finance infrastructure and capabilities. Due to these developments, Ghost It is believed to influence the DeFi market this year.

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According to recent news, Fantom recently raised $10 million in funding. This funding will be used to develop and expand the Sonic ecosystem, including the research, development and deployment of new features and applications on Sonic Chain. The Fantom network has also created new entities to address challenges and opportunities in the blockchain space. Ultimately, these developments should increase the possibility that the Fantom token maintains positive momentum.

Despite a massive operating plan, Gala Token shows resilience

Despite the recent large exploit involving approximately $206 million worth of GALA tokens, which caused its value to drop by almost 15%, Gala Network demonstrated remarkable resilience. As the token strives to regain the high it saw in early April, it is currently experiencing price consolidation. However, the network itself is expanding, having recently grown over 25% in transaction volume.

Meanwhile, community confidence in the Gala token remains strong as it expresses a 93% bullish rating. This optimism shows the community’s confidence in the long-term potential of the GALA token and its ecosystem, even in the face of challenges. Despite recent setbacks, Gala’s network growth and strong community highlight its resilience and recovery potential in the GameFi and altcoin market.

Sui Token Levels Up in the Blink of an Eye, Expressing Bullish Sentiment

On April 30, 2024, Sui Coin (SUI) had a market cap rate of around $1.4 million, but it later increased to over $2.6 million, shocking the broader crypto market. Remaining in a consolidated position on this new level, Sui has retained a bullish sentiment of more than 86% according to CoinGecko. Sui has also seen new ATHs over the past couple of months, which has already set the tone for this second quarter.

Additionally, Sui recently partnered with Google Cloud to support Web3 innovation. This partnership, which aimed to improve security, scalability and developer tools on the Sui platform, is expected to act as a huge catalyst for Sui to see significant improvements in both the valuation of its tokens and in its network activity. Currently, Sui coin is going through a phase of stagnation and consolidation, but it is expected to see possible growth in due time.

Ethena Price Almost Hit $1, Hence Its Growth Rebound Potential

The Ethena token (ENA), the new Ethereum-based coin, increased significantly in value, reaching almost $1 after Bybit announced the integration of USDe as a collateral asset. This integration highlights Ethena’s role in offering a crypto solution independent of traditional banking services, providing users around the world with a dollar savings tool called “Internet Bond”.

The positive market response to this news reflects growing confidence in Ethena’s innovative financial offerings and its potential for future growth in the altcoin market.

Moreover, Ethena plans to unlock over 50 million ENA tokens on June 1 for ecosystem development.

Looking ahead, this move will allow ENA token holders to participate in governance proposals and aims to drive further progress and adoption within the Ethena ecosystem. At the same time, this also positions the Ethena token as one of the best cryptos to buy this second quarter.

How did KangaMoon’s in-game reward set it apart from GALA, SUI, ENA and FTM?

Notably, out of the $1 billion KANG token supply, 15% is reserved for the development of the KangaMoon project and rewarding participants once the game is launched. These funds will be used to improve the functionality of the token, add new features, and support the overall growth of the ecosystem.

Discover the exciting opportunities of the KangaMoon (KANG) presale today!

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