With the news of Ethereum ETFs trending across the crypto market, many analysts are optimistic that the price of many altcoins is about to skyrocket to $1. However, Floki and Notcoin, which are currently trading in the red region, might have a tough time hitting this target due to their high market caps. 

On the other hand, KangaMoon is soaring on the price charts as one of the few coins with profits. Analysts predict its low market cap of less than $100 million makes it a prime candidate for massive gains.

Analyst Set Price Targets for Floki (FLOKI) This Altseason

The price of Floki (FLOKI) has dropped on the weekly and monthly timeframes, mirroring the bearish sentiment in the general crypto market. However, analysts have reacted to the losses with bullish predictions. KingsCharts gave three potential targets that the Floki Inu coin could reach in the coming months. 

The first target is $0.000369, while the second is $0.000668. If the altcoin can cross both levels, it could rise to the third target, $0.000991. Looking at the $1 target, the chances of Floki reaching this mark is very slim. Its market cap would have to increase by over 4000x for it to reach this level, which is very hard.

Notcoin (NOT) Price Drops But Analysts Predict Future Gains

Notcoin (NOT), the Telegram-based tapping game which was launched at the beginning of this year, wowed the crypto community after its listing a few weeks ago. The gaming token climbed the crypto ladder quickly reaching a market cap of over $1 billion and an all-time high of $0.02896.

However, the Notcoin price has dropped in the past month due to the bearish pressure in the crypto market, but market experts remain bullish about its potential. 

Asadkvng predicts the price of Notcoin could rise to $0.0230 in the short term. However, hitting the $1 mark, even during an altseason, could be a major hurdle for the gaming token due to its high market cap. Its price and market cap would have to increase by over 50x for this to happen, which makes it less likely.

KangaMoon Has a Better Chance of Clenching the $1 Mark

While Floki and Notcoin's high market cap might be a major obstacle for them to reach the $1 region, analysts believe KangaMoon is the best cryptocurrency for the job. It is currently trading around the $0.08 region with a weekly gain of 120%. To reach $1, the price of KangaMoon has to jump by just $12.5.

Also, data from two platforms, Coingecko and CoinMarketCap, shows that its market cap is around the $80 million mark, which is still very low, compared to the $1 billion projections for this bull cycle. Going forward, KangaMoon plans to launch a Kangavere game soon where members of its community can play games and win rewards – free NFTs, merch, and coins.

KANG will be the transaction token on this platform. It will be used for buying and selling gaming assets and even avatars. Over the past month, the KangaMoon ecosystem has expanded to accommodate over 

32,000 registered users and 10,000 coin holders due to its latest achievements – listing on BitMart and Uniswap and the introduction of the staking protocol. Smart investors are currently buying the KangaMoon coin on Uniswap and BitMart and then staking it on the KangaMoon platform for returns while they wait for the upcoming Kangavere game.

Conclusion

Floki and Notcoin are currently trading in the red region. Their prices have dropped together with the rest of the crypto market but analysts expect a recovery in the future. On the other hand, KangaMoon is one of the few coins that are trading in the green. As regards reaching the $1 mark, KangaMoon has a better chance of reaching this level compared to Floki and Notcoin due to its low market cap.

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