As Easter approaches, many traders and investors are preparing for a market rally, as most cryptocurrencies have historically surged at these points in time during the year. However, to get the best possible outlook and perspective on the crypto market, smart investors turn their attention to analysts, their perspective, and their overall projections on the value of cryptocurrencies.
Out of the thousands of cryptocurrencies available, most analysts are in agreement that KangaMoon (KANG), Bitcoin (BTC), Cosmos (ATOM), PancakeSwap (CAKE) and Render (RNDR) can experience the most remarkable growth in 2024 and beyond. We will be analyzing the price performance of each one of these cryptocurrencies to determine which are the top crypto coins, based on analyst projections.
KangaMoon (KANG) is one of the latest cryptocurrency to enter the market, but even during its presale period, it has managed to witness an explosive level of growth, and for those jumping into the project before Easter of 2024, it can provide even more gains.
This upcoming platform will introduce Play-to-Earn (P2E) elements, coupled with a community-driven approach and Social-Fi features. Anyone can create their own KangaMoon character and begin exploring a variety of different aspects in the game's universe. Users can accumulate KANG tokens or rare non-fungible tokens (NFTs) through completing quests, battling other players or even engaging in community events.
There is even a dedicated marketplace, where players are able to buy, sell or even trade in-game items, characters and digital collectibles. The project reached Stage 4 of the presale, where it raised over $2.8 million, and can soon break above the $3 million milestone. Moreover, the KANG price has spiked from a low point of $0.005 to $0.014. As a result, the unique combination of meme culture, interactive gaming experience and DeFi elements, and these aspects position it as a major player in the industry. Analysts are projecting a 100x spike in value following its launch, positioning it as one of the best coins to invest in.
A major crypto analyst, Ali Martinez, has projected that if Bitcoin (BTC), which is the largest cryptocurrency by market cap, breaks above $66,990, it has the likelihood of rising towards $72,880, which will establish a new all-time high point of value for the crypto.
During the past year, the Bitcoin price spiked 141.8%, and in the past month it's up 31%.
During the previous week alone, the value of Bitcoin surged from $61,494.44 at the low end, to a maximum value of $68,526.81. Yet, if Bitcoin manages to reach Ali's projected value, according to other metrics, the Bitcoin price prediction places its value at $98,079 by the end of 2024, making it one of the best coins to invest in this Easter.
Cosmos (ATOM) is a blockchain ecosystem that enables secure communication and interoperability among various different blockchain networks. The ATOM token is used for transaction fees, staking for network security and even for governance participation. According to a major crypto analyst, Michaël van de Poppe, the ATOM price might be at the cycle low.
According to his projection, the crypto can bounce upwards during the next few weeks, and he can identify a potential bullish divergence on the charts. Going over the on-chart Cosmos price metrics, the crypto spiked 12.2% in the past 30 days, and just during the past week, its value moved upwards from a low point of $10.86 to $12.19. According to the Cosmos price prediction, it can end 2024 at $17.85, positioning it as one of the most high-growth DeFi coins.
PancakeSwap (CAKE) is a decentralized cryptocurrency exchange that has gathered a major reputation due to its quick transaction and competitive fees. Anyone can connect a crypto wallet and swap tokens or even stake them. As a result, over the years, the CAKE crypto has experienced exponential price gains. According to a major analyst known as K A L E O, or CryptoKaleo on X (Twitter), the crypto is "awake" and could soon surge significantly in value.
Based on the on-chart metrics, the PancakeSwap price surged 29.8% in the past month, and could soon experience exponential gains. In the past week, its up from a low point of value at $3.58 to its maximum value of $4.51. According to the PancakeSwap price prediction, it can end 2024 at $6.48/
Render (RNDR) is a platform that enables each user the opportunity to contribute unused GPU power from any of their devices to help projects render motion graphics and even visual effects. The native RDNR crypto is used for the payment of animation, motion graphics or rendering on this network, and over the years has managed to gain a significant level of attention from both investors and traders.
This exponentially increased with the introduction of AI as-well, leading to a major price-hike. The year-to-date (YTD) increase in the Render price was by 816.3%. Moreover, in the past month, the crypto is up 55.5%. In the previous week alone, the Render crypto experienced a price increase from a low point of $10.47 to a maximum value of $12.38. According to major crypto analyst D0C Crypto on X, the crypto experienced the final shakedown, and it can head towards $17 to $22 based on the price prediction. Render's AI roadmap is also set to release, which is used as the catalyst for its growth.
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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.