Altcoins
These Top Altcoins Below $1 Could Explode In July (While Everyone Else Is Missing Out)
While Bitcoin and Ethereum are usually in the spotlight, many altcoins under $1 have been gaining attention. The three most popular altcoins that could see an explosive rise in July are KangaMoon (KANG), Cardano (ADA), and Notcoin (NOT).
While ADA and NOT are trading in the green, numerous listings on tier-1 exchanges have led analysts to consider KANG as the next $1 altcoin in 2024. Let’s take a closer look at all these tokens.
KangaMoon (KANG): Unveils Tier 1 Exchange Quotes
KangaMoon (KANG) has been making headlines in the altcoin space recently. Notably, KangaMoon’s presale has ended, bringing impressive returns to early buyers who got in on the action. Those who participated saw a return on their investment of over 400%, with the altcoin’s price rising from $0.005 to $0.025 during this period.
The eminent analyst, Cryptocurrency Developmentmade some optimistic statements about KANG. He placed two rocket emojis on KangaMoon’s X post indicating that it was live on BitMart. Clearly, he predicted that this news could skyrocket the value of KANG. Additionally, KangaMoon announced that it was live on another major DEX, Uniswap. This is a big achievement for such a newbie.
Basically, KangaMoon will enter the Play-to-Earn (P2E) gaming market with its own P2E game. You can earn 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 also earn free KANG. As a result, over 32,000 people signed up for it during its pre-sale.
Currently, one KANG token costs just $0.08, a 1,500% increase from its initial pre-sale price. However, a major CEX Tier 1 listing is coming soon for this altcoin. Therefore, market analysts remain confident in its growth potential. They predict a rise to $1 once this listing happens in Q3 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 DataCardano price has increased by almost 40% in the past year alone. Crypto analyst World of Charts also remains bullish on this altcoin. In his post Xhe claims that ADA is gearing up for a bullish rally as he expects a move towards $0.80 soon.
The technical analysis of the Cardano cryptocurrency confirms this statement. For example, ADA now has about 17 technical indicators in the buy zone. For all these reasons, experts in the field of cryptocurrencies have made a bullish forecast for the Cardano price. They predict a potential rise to $0.53 before the end of Q3 2024.
Notcoin (NOT): Set to soar thanks to massive burn event
Finally, we will mention Notcoin (NOT), another well-known altcoin. Just now, Notcoin finished a major burn event, burning 210 million NOT tokens worth $3 million in one day. This type of burn can trigger an uptrend for this altcoin, even though it hasn’t been doing well lately.
On the YTD chart, Notcoin cryptocurrency has lost 10% of its value. But Notcoin technical analysis reveals a completely different story: it looks pretty good. More than five technical indicators point to bullish momentum for NOT. With this major Notcoin news, analysts see the price of this altcoin reaching $0.017 by the end of Q3 2024.
Final Thoughts on the Top Altcoins of July
In anticipation of an explosive July in the altcoin space, KangaMoon, Cardano, and Notcoin are expected to see a strong surge. However, one of them stands out: KangaMoon. This rookie has a smaller market cap and is tied to the P2E gaming market, which could reach $8,856 million by 2028, meaning it will grow faster while being more stable. If you want to buy one of the best altcoins, follow the links below.
Discover the exciting opportunities of the KangaMoon (KANG) pre-sale 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 and accuracy of the materials 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 the use of or reliance on any content, goods or services mentioned in this article. Do your research and invest at your own risk.