Cardano (ADA) has displayed red signs on the charts and could experience significant trouble moving forward if bears regain control of the market. Despite this, major crypto analyst Ali Martinez is bullish on its future and projected a bold level of growth for the crypto. Neo (NEO) on the other hand is on the rise, having surged 37% in the past seven days alone.
Moreover, KangaMoon (KANG) surpassed $4.6 million raised, breaking past a major milestone and cementing itself as a major market player. To see which crypto can experience the most significant gains, we will go over all of them in-depth, and by the end, we will determine which is the best cryptocurrency to invest in.
Cardano (ADA) has displayed bearishness on the charts, as its value has seen a decrease of 21.5% in the past month. Moreover, it's also down 11% in the past two weeks. The Cardano price did spike from $0.56 to $0.62 during the past week, before retracing to $0.58.
Major crypto analyst Ali Martinez noted how the Cardano crypto is consolidating between the $0.55 and $0.80 range, and it could experience a breakout to $1.70 based on the historical ADA price performance. This marked a major Cardano price prediction, and if it occurs, it could attract a lot more whales to the project.
Neo (NEO) has experienced an upwards trend based on its on-chart performance and at this rate could break past further price barriers. The year-to-date (YTD) climb for the Neo price was by 65%.
Moreover, during the past week, it's up 37%, and the Neo crypto will now need to move above the $25 price range to reach new heights. In the past week, it saw a major jump from $14 to $21.75, and according to the Neo price prediction this crypto can end 2024 at $30.45.
KangaMoon (KANG) is an upcoming project that has stood out by introducing Social-Fi elements and even a community-driven approach, coupled with Play-to-Earn (P2E) features. This has already resulted in a major price uptrend, as the crypto has increased by 290% as it moved from $0.005 to $0.0196. In addition, it raised over $4.6 million, breaking past a major milestone, and could break above $5 million raised by the end of the month.
Through this platform, anyone on a global scale gets the opportunity to create their own KangaMoon character through which they can engage in battles and attend tournaments, to get rewarded in the form of KANG tokens or NFTs. There is also a dedicated marketplace in which anyone can buy, sell or trade any of these valuable NFTs to get even more gains. As a result, sentiment is massive on its future as analysts are projecting a 5,000% price increase following its launch, positioning it as the best cryptocurrency to invest in.
It's clear that Cardano has gone into the red zone, but Ali Martinez is bullish on its future and projects massive growth. While Neo has also displayed substantial gains, most of the attention has gone towards KangaMoon as it is primed to become one of the largest industry players in 2024, making it the best cryptocurrency to buy now.
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