As altcoin season is coming back with a full swing, three have stood out the most with their price performance. Specifically, the TRON (TRX) price has seen an upswing of 77.7% year-to-date (YTD) and at this rate could experience an even more significant uptrend.
Moreover, Hedera (HBAR) also saw a major upswing as it rose 58.8% during the same time-frame. In the shorter term, KangaMoon (KANG) has spiked 290%, and has the potential to surge 100x following its launch and listing on Tier-1 exchanges. Today, we will go over their price performance to determine just how far each crypto can rise to determine which is the best cryptocurrency to invest in.
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TRON (TRX) Spikes 77.7% – Is the Bull Run Over or Can It Rise Further?
TRON (TRX) has showcased a bullish level of performance across all of its charts as altcoins have begun to recover. Specifically, the TRON price has gone up 77.7% year-to-date (YTD), but it’s also bullish on the weekly and two-week chart. During this time, the TRON crypto has gone up from $0.112 to $0.1214, and could soon surge even higher upwards.
Its RSI and MACD data both showcase a bullish trend, and at this rate, it could soon pass the major $0.14 price barrier to see an even more significant uptrend. According to the TRON price prediction, the crypto can surge to $0.2725 by the end of 2024, positioning it as the best coin to invest in.
Hedera (HBAR) Grows 58.85% – How Far Can It Reach in 2024?
Hedera (HBAR) is also moving upwards in value and at this rate could soon breach past the major $0.2 price barrier to reach far more substantial gains. During the past year, the Hedera crypto has gone up 58.85%.
Within the past two weeks alone, the Hedera price also saw an uptrend of 23.3%, and within a single week it increased from $0.08769 at the low end, to $0.1761 as its maximum value during that time-frame. Now, sentiment is bullish on its future, and according to the Hedera price prediction, the crypto can rise to $0.23 by the end of Q4, 2024, making it the best coin to invest in.
KangaMoon (KANG) Raises Over $5.9M and Appeals to Over 20K Users
KangaMoon (KANG) is one of the latest projects to display bullishness on the charts as it has risen 290% recently, jumping from a low point of $0.005 to $0.0196. Moreover, the presale has already raised $5.9 million, and has appealed to over 20,000 users who have created an account. Fueled by this massive level of interest in the project, it can raise $7 million by the end of the month.
Additionally, the key catalysts for this major level of growth of the KangaMoon prices is its vast ecosystem and massive token utility. Through the platform, anyone can access a Play-to-Earn (P2E) game, alongside Social-Fi elements and a community-driven approach. Anyone can also earn KANG tokens and other rewards through the completion of weekly, monthly and quarterly challenges. Moreover, across the KangaMoon P2E experience, each player can gain control of a character, build it up and unlock unique abilities.
Then, they can battle in tournaments or battle with other players globally, to earn virtual currency and rare in-game items in the form of NFTs. The platform even partnered with RaidSharks to boost the overall engagement of the community with a massive monthly reward pool. As a result of these aspects analysts project a 100x price increase following its launch, positioning it as the best cryptocurrency to invest in.
Summary
Given that altcoins are recovering and the season is in full swing, there is the potential for TRON and Hedera to experience a major price uptrend during the upcoming trading sessions. However, the most significant level of attention has gone to KangaMoon as it has the highest ROI potential and has already appealed to thousands of traders.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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