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Finding the best crypto to buy has become tough over the years due to the high influx of projects into the crypto market every day. Fortunately, we have asked ChatGPT to pick the three best coins that investors should HODL. ChatGPT selected Stacks, Fantom, and KangaMoon. Let us see why.
Stacks (STX), a Bitcoin layer-2 network, has demonstrated significant potential in the altcoin market. According to CoinMarketCap, Stacks' price has risen by 6.4% in the last 14 days. The DeFi coin reached a high of $1.61 during this time. This price increase occurred after Luganodes demonstrated its support for Bitcoin layer-2 networks.
The capability would enable users to receive sBTC rewards while actively participating in the platform's consensus mechanism. In addition, Luganodes will take on the position of Signer following the Nakamoto and sBTC upgrades, which are anticipated during Q1 2024.
Luganodes will validate the Stacks blocks and handle the BTC transactions. The goal is to keep the Stacks network secure and decentralized. ChatGPT predicts that as the Stacks network grows, the altcoin will rise to $3.9 in 2024.
Fantom (FTM) experienced an excellent trading session on the 14-day price chart, keeping investors interested. According to CoinMarketCap, the DeFi coin price has grown by 2.8% in the last 14 days following a gloomy phase.
Unfortunately, the price gains have not offset the 10.2% loss on the monthly chart. Still, ChatGPT is optimistic about a price rebound. The AI chatbot has revealed that the Fantom price will climb by 28% and reach $0.453860 soon.
The SMAs are one technical indicator that supports the bullish prognosis. Fantom coin is trading between the 50-day and 200-day SMAs, indicating that bulls are struggling for dominance. If they succeed, Fantom price could begin to rise in the following weeks.
KangaMoon (KANG) has also seen massive success with its blockchain ICO as it aims to use Social and Play-to-Earn (P2E) features to provide a rewarding experience for its users. KangaMoon is dedicated to establishing a strong community of meme enthusiasts. This community will allow users to take part in tournaments and competitions and receive prizes as incentives.
In addition, those who do not participate can place bets on other players to win prizes. The Social-Fi concept aims to reward KANG token holders through challenges that will take players.
Users who participate can earn additional tokens and in-game goodies. Furthermore, players can sell or trade these in-game assets on the KangaMoon marketplace. This gives users an excellent opportunity to monetize their gaming time.
Interestingly, KANGhttps://Kangamoon.com/ has a promising tokenomics. It has a total supply of only 1 billion tokens, whereas comparable projects have trillions of tokens. The current KANG token price is $0.005. Meanwhile, only 60% of the one billion tokens are available for purchase during the blockchain ICO stage.
ChatGPT has predicted a 50x price increase for KangaMoon in the future months, citing its involvement in the play-to-earn NFT Game market. According to Yahoo Finance, this market was valued at $329 million in 2022 and has plenty of room for expansion.
Investors and traders looking for the best crypto to buy in 2024 should choose Stacks, Fantom, and KangaMoon. According to ChatGPT, these coins will experience huge growth in the 2024 bull market.
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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.
