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April of 2024 has begun to display an optimistic outlook for the industry, as most cryptocurrencies have begun to see an upswing in value following a broader period of price correction. This month also marks a point in time when the largest crypto by market cap, Bitcoin (BTC) will experience its latest halving event, which has historically been associated with significant price-upswings in the industry, fueled by the increased market activity. As anticipation builds for this major event a lot of traders and investors are looking for ways in which they can diversify their holdings and investment possibilities.
The crypto market however features thousands of cryptocurrencies, so making a decision can be difficult. To streamline this process, we have selected the 5 best cryptocurrencies to buy in April of 2024 which can provide the most significant returns on an investment. With that in mind, today, we will be taking an in-depth look at KangaMoon (KANG), Neo (NEO), Toncoin (TON), ORDI (ORDI) and eCash (XEC). By the end, we will determine which is the best cryptocurrency to invest in.
KangaMoon (KANG) has been dominating the charts especially with the rapid increase in appeal and momentum of its blockchain ICO. Specifically, the platform has been a major point of appeal as it includes Social-Fi elements, a community-driven approach, and even implements Play-to-Earn (P2E) features. Any player can take control of a KangaMoon character, and by doing so, they can engage in its gameplay elements. Each player has the opportunity to battle one another, or engage in community-driven events.
Alongside the thrilling boxing gameplay, each player has the opportunity to build up their character or unlock further unique abilities, and then challenge other players to test their skills in battle. Each player can win a variety of different prizes, in the form of KANG tokens or NFTs. This way, they are rewarded for their time. Those who would prefer not to actively participate in battles can also just spectate other players and place bets. Any of these NFTs will also be available and can be bought, sold or traded in the dedicated marketplace.
There are now over 5,800 holders of the KANG crypto, alongside 20,000 registered community members. The team has also raised $4.5 million and can soon raise over $5 million. The crypto also spiked 290% in value from $0.005 to $0.0196, and at this rate, analysts project a 100x price increase following its launch, making it the best cryptocurrency to buy now.
Neo (NEO) is a blockchain platform which has been designed not to only digitize assets but to also automate the management of these digital assets and is powered by its native crypto, NEO. It utilizes a delegated Byzantine Fault Tolerance consensus mechanism, and as a result of this can establish much faster and more secure transactions.
During the past year, the Toncoin crypto has seen a significant upswing of 75%, but its growth has not halted as its up 20.4% in the past month as-well. On a weekly level, the Toncoin crypto spiked from $14.10 to $21.75, and by breaking above the $20 price barrier it is now prepared to reach far more significant gains. According to the Neo price prediction, it can end 2024 at $22.69, positioning NEO as the best crypto to invest in now.
Toncoin (TON) has showcased a major price uptrend as-well, fueled by its vast ecosystem and overall appeal. Specifically, the Toncoin crypto is the native token utilized across The Open Network Blockchain, which is a network originally created in 2018 by Telegram.
As for the Toncoin price performance, the crypto is up 207.6% year-to-date (YTD), and in the past month it saw a substantial increase of 138.3%. Moreover, in the past week, Toncoin spiked 32% as it moved from $4.84 to $6.83. According to the Toncoin price prediction, it can end 2024 at $7.55.
ORDI (ORDI) is a BRC-20 token built on top of Bitcoin. It utilizes a technology called the Ordinals Protocol and brings non-fungible tokens (NFTs) to the Bitcoin network, enhancing its overall functionality in the process. As a result, the ORDI crypto has seen a major increase in attention from investors and traders.
Just in the past week, ORDI climbed in value from $55.89 to $78.41. In addition, now the ORDI crypto needs to pass the $80 price barrier to reach new heights. If it does so, according to the ORDI price prediction, it can end 2024 at $144.35, establishing it as one of the best cryptos to invest in.
eCash (XEC) is a digital currency which is not controlled by any centralized authority, and enables anyone to transfer funds anonymously. BUilt on top of the blockchain, the eCash crypto represents electronic cash that can be used by anyone, anywhere.
As a result, over time, the eCash price has seen bullish price performance. The crypto is up 135.6% in the past year, and is up 17.2% in the past week. Moreover, during this time, eCash has moved up in value from a low point of $0.00006023 to a maximum value at $0.00008422. Based on the eCash price prediction, it can end 2024 at $0.000121.
This curated list of the top 5 best cryptocurrencies to buy in April of 2024 has provided investors and traders with a solid overview of high-ROI opportunities that they will not want to miss. It is based on the latest price performance of each cryptocurrencies, alongside the latest trends across a variety of different sectors in the crypto market.
Each cryptocurrency listed here provides unique functionality, a vast ecosystem and a rich feature-set alongside massive growth potential. It's crucial however for any investor and trader to conduct due diligence, assess their risk tolerance, and align the risk investment strategy with financial goals in order to make a well-rounded portfolio which is based on research.
They will also need to see what kind of risk tolerance they have in order to make the right investment decision. While Neo (NEO), Toncoin (TON), ORDI (ORDI) and eCash (XEC) have all showcased massive promise, KangaMoon (KANG) can spike the most in April of 2024 and beyond, positioning it as the best cryptocurrency 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.
