Major crypto analyst Michaël van de Poppe has tipped that the Chainlink (LINK) recent dip could signify a massive buying opportunity that can result in significant ROI for traders and investors. Mantle (MNT) is another altcoin that witnessed a massive 37% rise during the past month and could reach new heights. However, the most significant attention has gone towards KangaMoon (KANG), a project which has raised over $4.5 million as it entered the last Stage of its presale, and has 5,000% growth potential. We will go over all three altcoins and determine why they are the best altcoins to invest in.
Chainlink (LINK) has recently experienced a price decline of more than 40% which initially left investors and traders in a frenzy about which direction they should take their portfolio next. However, according to major crypto analyst Michaël van de Poppe, the Chainlink price has the potential to recover. While the sentiment has flipped towards a bearish perspective, the analyst believes that this is a dip buying opportunity.
The Chainlink crypto is up 155.4% year-to-date (YTD) and found support at the $18 level, so as long as it manages to break above $20 again it can initiate a bullish run and can reach new heights in 2024. According to the Chainlink price prediction it can end 2024 with a high value of $26.13.
Mantle (MNT) has experienced a notable price uptrend and is green across all of the charts. The overall price performance of the Mantle price is bullish as the crypto increased 37% in the past month.
In fact, during the past week alone, the Mantle crypto has gone up 15.6%, as its value surged from $1.18 to $1.50. As a result, its RSI and MACD data also showcase a bullish price pattern, and according to the Mantle price prediction, it can end 2024 at $2.02.
KangaMoon (KANG) experienced a remarkable level of growth as it reached the last Stage of its presale, which resulted in massive bullish sentiment surrounding its future. The crypto increased from $0.005 to $0.0196 during the past trading sessions, marking a 290% increase, and it has already raised over $4.5 million, with analysts projecting that it can raise $5 million by the end of the week.
The key catalysts for this growth include its introduction of Social-Fi elements, coupled with Play-to-Earn (P2E) features. Through this approach, each user gets the opportunity to create their own KangaMoon character, and can begin getting within matches, or battling other players. Those who do not want to actively participate in battles can also spectate and place bets on other players.
For all of these activities, players are rewarded with KANG tokens and NFTs. These NFTs can also then be sold on the dedicated marketplace. As a result of its massive growth, over 5,800 people now hold the KANG token and over 20,000 users registered for the platform. With this rate of growth, analysts are projecting a 5,000% price increase at launch, positioning it as one of the best altcoins to invest in.
While Chainlink did dip in value, a major crypto analyst is bullish on its future. Another crypto which has displayed bullish metrics is Mantle, but all of the attention has gone towards KangaMoon, as it has the highest ROI potential fueled by its vast utility and ecosystem, making it one of the top altcoins to diversify with.
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