DeFi
Top 3 DeFi Cryptocurrencies Expected to See Massive Surge in 2024
According to CoinMarketCap, the DeFi market represents about 100 billion dollars of the entire cryptocurrency market, reflecting their growing popularity. Even though there has been a bearish correction in the past few weeks, some DeFi coins still have surprises in store. Although currently bearish, DeFi coins like Neo Coin and Stepn are expected to see a surge soon. Another token making waves is KangaMoon, which has surpassed many DeFi projects in terms of popularity and growth potential. Let’s take a look.
KangaMoon Maintains Its Position as One of the Top DeFi Coins
Alongside Neo Coin and Stepn, KangaMoon is another DeFi crypto that could soon reach its zenith. The new project builds on the popular features of the GameFi and SocialFi models, allowing users to earn separately from both worlds. With the combination of these two features, KangaMoon has become popular among users and investors alike.
During the presale, KangaMoon gave away around 250 million of its native tokens for free as in-game and social media rewards to users. With this move, the platform saw an influx of investors with around $8 million in presale funding raised. The platform also attracted a user base of over 32,000 participants and 10,000 holders. Apart from its features, KangaMoon is also popularized for its skyrocketing ROI.
Early investors have earned a massive 400% return on investment, with the token’s price rising from $0.005 to $0.025. While KangaMoon can appreciate this in the pre-sale, analysts believe that the token can still deliver a better return on investment. This is why new investors are rushing to buy the token even after the pre-sale ends. Its growing popularity has also earned it listings on Coingecko and CoinMarketCap to give it more exposure.
Now, on BitMart and Uniswap exchanges, interested investors can buy KangaMoon for $0.09. KangaMoon’s staking system is one of the best in the DeFi market, making it one of the leading DeFi cryptocurrencies. With its commitment to fostering community development, analysts predict that KangaMoon can reach $1 in 2024, which will be a huge profit for those who invest now.
Can Stepn reach $0.5 this year?
Stepn is another DeFi cryptocurrency that is expected to see a strong surge this year. While the Stepn token is currently in a downtrend with a 32% drop in the last month and a 5% drop in the last week, analysts believe that the Stepn coin’s strong characteristics and sector-focused approach could allow it to make a bullish challenge soon.
According to the trading chart, Stepn’s market cap has yet to reach $1 billion, making it the perfect token to buy for profit. With key indicators such as Simple Moving Averages and Moving Average Convergence Divergence showing signs of a bullish recovery, Stepn’s price could surge to $0.5 this year.
Neo Coin targets next breakout to $15
Neo Coin has seen a 20% rise over the past year but has fallen 21% over the past month as bearish sentiments have intensified. Even though Neo Coin’s market cap and trading volume are currently bullish, the token is still struggling to break above the $12 resistance zone.
Analysts have observed that if the Neo Coin price sees an uptick and goes above $12, it could be a perfect opportunity to see a breakout to the $15 level. Although this may be difficult with the current state of Neo Coin, the arrival of the bullish cycle may allow the token to reach the breakout.
KangaMoon offers the best hope of profit
Looking at Stepn and Neo Coin, one might think that these are promising tokens. However, they are likely to be hampered by the market cap that is close to $1 billion. KangaMoon has just started its life with only $100 million in market cap, which indicates that the token could grow 10x without any problem. As such, investors should explore the fundamentals of the token and invest appropriately.
Website: https://Kangamoon.com/
Join our Telegram community: https://t.me/Kangamoonofficial
Disclaimer: Analytics Insight does not provide financial advice. Also note that the cryptocurrencies mentioned/listed on the website may potentially be scams, i.e. designed to trick you into investing financial resources that may be lost forever and not recoverable once the investments are made. You are responsible for conducting your own research (DYOR) before making any investment. Read more here.
DeFi
If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation
Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.
The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.
Bonk remains strong despite market fluctuations
While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.
Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.
Pepe should see a big rise in the next bull run
Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.
Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.
In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.
Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4
Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.
With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.
Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.
The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.
RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Social networks: https://linktr.ee/rollblockcasino
No spam, no lies, only insights. You can unsubscribe at any time.
DeFi
Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong
Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.
Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.
According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.
“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.
I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.
The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.
“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”
I expect them to launch actively managed crypto ETFs [in the] coming years. ”
Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.
“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.
Chasing mass adoption of normies may be chasing the wrong Grail from the start.
Don’t miss a thing – Subscribe to receive email alerts directly to your inbox
Check Price action
follow us on X, Facebook And Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured image: Shutterstock/ktsdesign
DeFi
Cryptocurrency sector is experiencing ‘most misjudged moment’ since 2020, says venture capitalist Arthur Cheong
Veteran cryptocurrency investor Arthur Cheong believes the digital asset sector offers long-term holders a golden opportunity.
Cheong, the founder of DeFiance Capital, tell His 171,700 followers on social media platform X indicate that he believes decentralized finance (DeFi) is hugely undervalued.
According to Cheong, DeFi projects are innovating at a rapid pace and leaving traditional financial (TradFi) companies in the dust.
“It’s been a long time since I’ve been this excited about the risk/reward and potential upside of DeFi. This is probably the most misjudged moment since the pre-DeFi summer of 2020, with extremely promising prospects.
I see opportunities not only in OG (original) DeFi, but also in some newer projects that are evolving rapidly and growing at a pace that fintech startups will do anything to match.
The veteran investor also believes that crypto is now here to stay following recent launch from the Ethereum spot market (ETH) exchange-traded funds (ETFs) last week.
“Overall, the floodgates are open and there is no turning back. TradFi asset managers will continue to launch new crypto products because, guess what: there is huge demand for them!”
I expect them to launch actively managed crypto ETFs [in the] coming years. ”
Earlier this month, Cheong laid that it might be a bad strategy for cryptocurrencies to seek mass adoption, believing that digital assets are designed to disrupt several key financial sectors.
“I think we should accept that cryptocurrencies may not be suited for mass adoption like Web2, but rather are optimized for some narrow but very high-impact use cases like stateless global money, cross-border payments, and decentralized finance.
Chasing mass adoption of normies may be chasing the wrong Grail from the start.
Don’t miss a thing – Subscribe to receive email alerts directly to your inbox
Check Price action
follow us on X, Facebook And Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed on The Daily Hodl are not investment advice. Investors should do their own due diligence before making any high-risk investments in Bitcoin, cryptocurrencies or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.
Featured image: Shutterstock/ktsdesign
DeFi
If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation
Bonk and Pepe appear set to net new investors 10x to 100x returns over the next 12 months. However, cryptocurrencies in the DeFi play-to-earn gaming sector could offer even greater returns. As August approaches, Rollblock is emerging as a standout DeFi play-to-earn gem with the potential to 100x-1000x gains in the fourth quarter and beyond.
The project features an innovative revenue sharing model and exceptional accessibility, attracting players and investors. Additionally, Rollblock’s extensive game library of over 150 titles and enhanced sports betting are further driving excitement for the platform. Cryptocurrency analysts are expecting a sudden surge in demand. 800% a push for Rollblock from the beginning of September.
Bonk remains strong despite market fluctuations
While most well-known cryptocurrencies struggled throughout July, Bonk remained strong. As one of the highest-grossing meme cryptocurrencies of 2024, Bonk rose over 24% in July, while most cryptocurrencies experienced negative fluctuations.
Investors looking to add a relatively safe memecoin to their portfolio should consider Bonk. While Bonk is unlikely to generate explosive gains of 250x to 1,000x from here on out, Bonk could still theoretically provide returns in the 20x to 100x range.
Pepe should see a big rise in the next bull run
Alongside Bonk, Pepe has yet to go through a bull run. This means that there are still substantial gains to be made from Pepe over the next 12 months.
Pepe is down 4% in 30 days, but that shouldn’t worry Pepe investors in 2024. Experts believe Pepe’s best days are still ahead, with crypto analysts predicting a 10x to 50x surge in the next election cycle around November.
In the long term, Pepe could surpass the 100x mark for today’s investors. However, Pepe is a memecoin, and one should exercise caution when investing in purely speculative assets that have no utility.
Rollblock’s Unprecedented Hype Potential Could Push It Past 100x Valuation in Q4
Rollblock is a GambleFi Play-to-Earn token that integrates centralized and decentralized gambling on a single platform. By allowing players to earn rewards through active participation and gameplay, the platform creates a compelling incentive structure that appeals to both casual and competitive players.
With its cutting-edge blockchain technology, Rollblock offers top-notch security that keeps bets and transactions on the platform secure. The platform’s lack of KYC mandates appeals to both users who value anonymity and security.
Rollblock’s revenue sharing model, which allocates up to 30% of casino revenue to RBLK token holders, is a major draw for investors. The model involves burning half of the repurchased tokens and distributing the other half to stakers, increasing the token’s value and encouraging long-term investment.
The platform is also constantly evolving thanks to user feedback which has enabled updates such as the upcoming sports betting feature within the platform’s casino. This addition will complement Rollblock’s extensive game library of over 150 titles, ranging from traditional poker to innovative blockchain-based games.
RBLK is expected to emerge as one of the leading DeFi tokens in 2024. With a price of $0.0172 with impressive growth potential and over 140 million tokens sold recently, Rollblock is on track to enter the top 100 cryptocurrencies by Q4, making today a lucrative time to buy RBLK tokens.
Discover the exciting opportunities of the Rollblock (RBLK) presale today!
Website: https://presale.rollblock.io/
Social networks: https://linktr.ee/rollblockcasino
No spam, no lies, only insights. You can unsubscribe at any time.
-
Tech9 months ago
The Latest Tech News in Crypto and Blockchain
-
DeFi9 months ago
🪂EigenLayer Airdrop Claims Go Live
-
News6 months ago
AI meme Raboo and crypto newbie ZRO
-
Altcoins6 months ago
Altcoins Are Severely Undervalued, Awaiting Ethereum Move | Flash News Detail
-
Altcoins6 months ago
Altcoins Correct Amid ETH Decline, Grayscale Outflows | Flash News Detail
-
DeFi9 months ago
🥛 The “war on DeFi” continues ⚔️
-
DeFi6 months ago
If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation
-
DeFi9 months ago
TON Network Surpasses $200M TVL, Boosted by Open League and DeFi Growth ⋆ ZyCrypto
-
News6 months ago
Donald Trump vows to make the US a ‘Bitcoin superpower’ and create a national stockpile of tokens
-
DeFi8 months ago
🏴☠️ Pump.Fun operated by Insider Exploit
-
DeFi6 months ago
If You Missed BONK and PEPE This Year, This Viral New Crypto Might Be Your Salvation
-
Tech6 months ago
Logan Paul Offers Partial Refund for Failed CryptoZoo Game