The global cryptocurrency market cap has reached a major milestone as it recently passed $2.6 trillion and is on its way towards breaking new grounds based on data from CoinGecko. Moreover, the SEC has delayed making a decision on Ethereum ETF proposals from Franklin Templeton and Grayscale, inspiring diversification. As a result of this, sentiment on the future of the broader Web3 space is massive as traders and investors are looking for ways through which they can diversify their holdings and are attempting to make major profits.
Out of the major cryptocurrencies that are available to buy, the most significant level of interest has gone towards Fetch.ai (FET), Stacks (STX), SingularityNET (AGIX), Gala (GALA) and the presale-stage project that's risen 290% in value, KangaMoon (KANG). To see which one of these cryptos can provide the most significant returns, we will go over their on-chart performance individually.
KangaMoon (KANG) has been making headlines as it has raised over $5.5 million and is approaching the $6 million raised mark, expected to occur by the end of April, 2024. This milestone marks a monumental level for the crypto as the presale has also yielded massive ROI for traders, and could lead to a 100x upswing following its launch based on analyst projections.
The KangaMoon project differentiates itself from others by featuring a combination of D (P2E) elements with Social-Fi features and a community-driven approach. Its a game in which players take control of characters, through which they can engage in battles, tournaments, and even earn rewards.
KANG is the native token that features a vast level of utility within the ecosystem. It enables anyone to get rewards through participating in weekly, monthly and quarterly challenges, alongside enabling them to access the in-game marketplace to get NFTs through which they can upgrade their characters.
The crypto traded at $0.005 during the start of the presale but has since risen to $0.0196, marking a 290% price increase, and positioning it as one of the hottest projects so far. It doesn't end there, as the team has also partnered with RaidShark to supercharge the community, and boost engagement. There will even be a massive $1,000 monthly reward pool waiting for the most active community members. These aspects make it the best new crypto to invest in.
Fetch.ai (FET) is a platform powered by the Ethereum blockchain, and is a decentralized machine learning platform that is utilized in a wide range of applications. For example, its usage in trading, energy grid optimization, and much more. This is an application that even helps users automate their trading to predefined conditions on platforms like Uniswap as-well.
Going over the Fetch.ai price chart, the crypto has gone up by 674.5% year-to-date (YTD). Moreover, within the past week alone, the overall Fetch.ai crypto performance was bullish as it increased by 31.1%. In addition, it moved from $1.90, broke past the $2 price barrier and traded at $2.54 at its maximum level. With this in mind, according to the Fetch.ai price prediction, this crypto can end 2024 with a value of $5.61, positioning it as one of the best cryptos to invest in.
Stacks (STX) is a unique cryptocurrency which enables users to access smart contracts and decentralized applications (dApps) on top of the Bitcoin network. STX is the native cryptocurrency which is utilized to participate within the consensus mechanism, and even enables anyone to get rewards for maintaining the network. This project has gained a significant reputation as it utilizes the security and capital of Bitcoin, but enhances it.
As for the Stacks price performance, the crypto is up 288.8% on an annual level, and has risen in value during the past week as-well. During this time, the Stacks crypto has gone up by 26%, where it moved from $2.21 to $3.10, and at this rate can break even above the $4 price barrier. According to the Stacks price prediction, the crypto can end 2024 at $6.08, making it the best crypto to invest in now.
SingularityNET (AGIX) is a platform that operates on top of the Cardano platform as a staking pool, where anyone can stake their crypto to support the network. AGIX is the native crypto behind SingularityNET and has various use-cases within the platform. For example, it is used for the payments for AI services, and is given as a reward for network participants, alongside being the native governance token. It's also used for staking, voting and as a currency within the dedicated SingularityNET marketplace.
The SingularityNET price has also been bullish on the charts, as the crypto went up by 209.4% within the past year. Moreover, within a single week, the SingularityNET crypto has gone up 30%, moving from $0.78 to $1.03, and at this rate has the potential to break even above another price barrier to reach new heights. Based on the SingularityNET price prediction, the crypto can end 2024 with a value of $2.35, putting it as the best cryptocurrency to buy today.
Gala (GALA) is an Ethereum-based gaming platform that lets players earn cryptocurrencies as well as non-fungible tokens (NFTs) through gameplay elements. GALA is the ERC20 utility token used across the ecosystem. Its used as a means of payment and has vast utility, which has resulted in the crypto getting a significant level of attention.
The Gala price has also been bullish on the charts, as the year-to-date (YTD) climb was by 30%. In addition, the weekly Gala crypto chart indicates a climb from $0.038 to $0.051. At this rate of growth, the crypto can reach new heights, and according to the Gala price prediction it can reach a maximum value of $0.1068 by the end of 2024, making it one of the best cryptos to invest in.
In regards to finding the best crypto to buy today, Fetch.ai, Stacks, SingularityNET and Gala have all showcased bullish price momentum and indicate no signs of stopping anytime soon. However, KangaMoon could see the highest surge, as it stands out with strong potential due to its unique ecosystem. With its innovative approach and strategic market position, it could drive far more growth and become a market leader, positioning it as the best new crypto to invest in.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.