Altcoins

The three best Altcoins to keep you from being poor (KangaMoon, Near Protocol and Fetch.ai)

Published

8 months ago

25 May, 2024

The three best Altcoins to keep you from being poor (KangaMoon, Near Protocol and Fetch.ai)

While headlines are shouting Bitcoin and Ethereum in this bull cycle, many altcoins have shown the potential for greater returns. KangaMoon (KANG), Near Protocol (NEAR), and Fetch.ai (FET) are three of the best altcoins to buy for massive returns. Read on to find out how much wealth you can create from these altcoins during this bull cycle.

Community Focus to send KangaMoon (KANG) to the Moon

There have been many community-centered projects over the years, but none have come to fruition like this. KangaMoon (KANG) suggests. This new DeFi project has created a new system, Social-Fi, designed to reward its users and create a more vibrant community.

Social-Fi rewards community members based on their level of interaction within the KangaMoon network and across social media platforms. The goal is to create a sense of community among platform members while rewarding them for their dedication. This new DeFi project also features a P2E ecosystem, further increasing the reward potential of the platform.

The appeal of this new protocol has caught the attention of many in the crypto space, with KangaMoon already welcoming over 32,000 users, raising over $6.9 million in the process. Still in the pre-sale phase, KangaMoon has also topped the charts as one of the top cryptos, rising 400% to its current trading price at $0.025.

Confirming its growing popularity, KANG was listed on CoinMarketCap and CoinGecko, with leading centralized exchange BitMart also announcing a listing for the token. Market experts believe that growth will only continue into 2024, thus fueling KANG’s rally. Their price target is $2, which means you can generate an 80x ROI by joining the KANG movement now.

Near Protocol (NEAR) Leads Crypto-AI Confluence

Over the past few months, Near Protocol (NEAR) has stepped up its efforts to integrate AI into the crypto ecosystem. Recently, the Near Foundation revealed cooperation with SuperSight AI, LuloX and Peersyst Technology. Its commitment to integrating AI into crypto has paid off, with the price of NEAR increasing 400% year-over-year.

From a yearly low of $2.6, NEAR has surpassed the $8 mark. But analysts believe that the altcoin price still has a long way to go. Near Protocol price is expected to follow the parabolic curve, with the potential to climb up to $50 by the end of the year, making it one of the best cryptos to buy.

Fetch.ai (FET) breaks out of the descending triangle

Fetch.ai (FET) is one of the altcoins that have dominated the market in 2024 due to its focus on artificial intelligence. Since the start of the year, the price of the altcoin FET has increased by over 270%, surpassing the most popular Bitcoin and Ethereum pair.

Additionally, FET will have a significant advantage, as its platform is based on the combination of AI and cryptography. So, while the altcoin price fluctuates between $2 and $2.50, the recent to burst could surge over 100% to break the $5 resistance and reach a new all-time high.

Finally

The good fundamentals demonstrated by Near Protocol, KangaMoon, and Fetch.ai make them the best altcoins to buy for investors looking to amass wealth this year. However, KangaMoon’s market-changing potential and long-term potential mean that KANG can generate even more gains and returns this year.

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

Website: https://Kangamoon.com/

Join our Telegram community: https://t.me/Kangamoonofficial

Disclaimer: The statements, views and opinions expressed in this article are solely those of the content provider and do not necessarily represent those of Crypto Reporter. Crypto Reporter is not responsible for the reliability, quality or accuracy of the material contained in this article. This article is provided for educational purposes only. Crypto Reporter is not responsible or liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.

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Altcoins

Long-Term Impact of Ethereum ETF on Cryptocurrency Market

Published

6 months ago

29 July, 2024

CoinFlix Staff

Long-Term Impact of Ethereum ETF on Cryptocurrency Market

Popular crypto analyst Michael van de Poppe has highlighted his altcoin portfolio approach in light of the new Ethereum ETF. In a recent Youtube videoThe analyst explained the measures he would take for this major market event.

The Ethereum ETF was listed on the stock exchange and it took time to get approval and so far there has been no significant change in price. The analyst pointed out that the long-term effect could be quite significant, comparing it to the situation of the Bitcoin ETF where the initial decline was followed by large inflows.

According to Van de Poppe, the Ethereum ETF’s trading volume on the first day of trading was about 25% of the volume Bitcoin ETF He noted that the first day of trading was marked by low inflation, and said there was a net inflow of $150 million to $160 million, which reduced the available supply.

Altcoins are poised for growth

The analyst said that as Ethereum adoption increases in the future, the supply of Ethereum will decrease, which is a deflationary model. Ethereum is up about 15% since the ETF approval, the broader market reaction has yet to happen as several sell-offs have taken place, including the Grayscale Trust.

Van de Poppe also mentioned other important market events, including the end of Mount Gox The process of repaying creditors initially caused tensions in the markets, but had little effect subsequently. It also highlighted the role of macroeconomic factors, which can lead to Fed rate cuts, which can affect markets.

In this regard, looking at van de Poppe’s strategy, he is still keen to trade within the altcoins of the Ethereum ecosystem. He stated that there is a possibility of short-term price fluctuations that may discourage many people, but the long-term still looks good due to the improvement and adaptation that has been made to Ethereum and its environment.

According to the analyst, substantial inflows could propel Ethereum towards new historic highs with estimates ranging from $5,000 to $7,000. Despite the current market fluctuations, he is confident that macroeconomic changes and greater liquidity will be favorable for altcoins.

He explained that his broad approach to altcoins, especially those associated with Ethereum, will be beneficial because the market will react differently to these events. The basis for his optimism comes from the fact that he believes that Ethereum and all associated projects are still extremely undervalued and have the potential to skyrocket as sentiment changes.

Looking ahead and market adjustments regarding the Ethereum ETF and other macroeconomic factors, the analyst remains bullish on altcoins. He suggested investors stay informed and believe that in the ever-changing world of crypto, they will eventually be rewarded.

Fuente

Altcoins

Altcoins Are Severely Undervalued, Awaiting Ethereum Move | Flash News Detail

Published

6 months ago

28 July, 2024

CoinFlix Staff

IntoTheBlock Releases Report on Institutional DeFi Trilemma

Disclaimer

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Fuente

Altcoins

Altcoins Correct Amid ETH Decline, Grayscale Outflows | Flash News Detail

Published

6 months ago

28 July, 2024

CoinFlix Staff

Disclaimer

Fuente

Altcoins

Epic Altcoin Rally Expected for August and September

Published

6 months ago

28 July, 2024

CoinFlix Staff

Crypto analyst predicts massive altcoin rally similar to Q1 2024, urging patience and accumulation.
Bitcoin’s potential as a reserve asset and its technical patterns suggest that it will drive the rise of the cryptocurrency market.

Captain Faibik, a renowned crypto analyst, has created excitement in the cryptocurrency sector with his latest prediction. He indicated that we are on the cusp of a massive altcoin rally, similar to the one we saw in Q1 2024.

We are on the verge of a massive Altcoin rally, similar to Q1 2024📈

Keep accumulating and hold with patience. (Patience will be rewarded)

The majority of #Altcoins have already hit rock bottom and are about to escape.

In my opinion, August-September is going to be epic for Altcoins.🚀🚀#Crypto pic.twitter.com/cMdHagiaYc

— Captain Faibik (@CryptoFaibik) July 24, 2024

Accumulating and Holding Altcoins: The Path to Potential Profits

He stressed the need to accumulate altcoins and hold them patiently, as it will eventually pay off. According to him, the majority of altcoins have already bottomed out and are about to break it. He believes August and September will be epic months for altcoins.

In a chart posted by Captain Faibik, the overall crypto market cap, excluding Bitcoin and Ether, known as TOTAL3, is approaching the upper boundary of a descending channel pattern.

This context suggests a potential breakout and a significant rally towards the $1 trillion mark. Technically, the decline since mid-March is interpreted as a corrective trend for the value of TOTAL3, signaling a preparation to enter a rally structure.

Bitcoin’s influence and legislative developments suggest good prospects for the future

Furthermore, based on sentiment and technical patterns, Bitcoin, the world’s leading cryptocurrency, appears poised to lead the charge in the cryptocurrency market. Bitcoin’s performance often sets the tone for the market as a whole, and a strong move in BTC could trigger a significant rally in altcoins.

Previously, as we have already said reportedSenator Cynthia Lummis said she plans to introduce a bill at the upcoming Bitcoin conference that would require the Federal Reserve to hold Bitcoin as a reserve asset.

If this law passes, the US will treat BTC as a long-term investment rather than selling huge amounts infrequently, which could disrupt the market.

In addition, asset management firm VanEck has proposed a bold scenario in which Bitcoin Price Could Reach $2.9 Million Per BTC By 2050based on its fundamental outlook. Matthew Sigel, head of digital assets at VanEck, and senior investment analyst Patrick Bush noted that their estimate is based on Bitcoin’s adoption as a global medium of exchange and reserve asset.

As Bitcoin price increases, altcoins are expected to gain popularity, indicating the start of a bullish rally shortly after the BTC halving event.

Meanwhile, at the time of writing, the price of BTC was hovering around $67,007.99up 4.67% over the past 24 hours following a short-term correction.