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As most crypto coins start to record bullish trends, KangaMoon (KANG), NEAR Protocol (NEAR) and Arbitrum (ARB) have emerged as the best crypto investments for July. NEAR Protocol is set to record a significant surge as it approaches its overbought region, and Arbitrum is regaining a surging trend despite its previous dip.
KangaMoon, on the other hand, is poised to hit the $1 mark as it continues to offer significant benefits in governance and staking, enhancing its appeal to investors and community members. Additionally, its surging trend has already captured the attention of investors, with many positioning the coin as the top crypto to buy in July.
KangaMoon (KANG) is one of the cutting-edge projects within the crypto market. This project stands out by merging gaming and finance, allowing users to earn KANG tokens and NFTs through gameplay and betting activities. This unique blend of the meme culture, SocialFi, and GameFi creates a unique and dynamic ecosystem that has managed to attract both gamers and investors.
Listed on major exchanges such as Uniswap and MEXC, BitMart and CoinMarketCap, KangMoon’s market presence continues to expand. These listings have not only boosted the coin's liquidity but also enhanced accessibility for all new participants looking to join the KangaMoon community. Additionally, the coin continues to attract interest within the crypto market, with ongoing discussions surrounding its potential value and market position.
The KangaMoon’s ecosystem is powered by its native token, KANG, which has a capped total supply to prevent inflation. The tokens are used for transaction fees, governance voting, and staking rewards. Moreover, users must hold the KANG tokens to participate in the network decisions, giving them a stake in the ecosystem’s future.
Currently, the price of KangaMoon is trading within the $0.06 mark, with the coin recording a price surge after experiencing a slight dip over the past few days. However, both online forums and community discussions suggest optimism for long-term potential. KangaMoon's price prediction suggests it might hit the $1 mark in 2024, positioning it as the best cryptocurrency to invest in.
NEAR Protocol (NEAR) has showcased a fascinating battle between the bulls and bears. Currently, the coin has gained momentum, having surged by 35% over the past week. Despite NEAR Protocol’s bearish pressure, the bulls seem resilient, supported by a 6-month price surge of over 80%.
Additionally, the $6.4 resistance level is a crucial point to watch out for. If the price of NEAR Protocol breaks this key level, it could potentially surge to the $7.66 mark, recording a NEAR price surge of around 30% from its current levels. With an RSI of just below 70, NEAR Protocol is closing in on its overbought region, which indicates a strong growth potential and is among the best cryptos to buy now.
Launched in August 2021, Arbitrum managed to raise $3.8M in seed funding and $20M in Series A. The platform’s ARB token airdrop in March 2023 led to a massive value drop. However, Arbitrum's price is on the right path to regaining its surging momentum. The Arbitrum price prediction indicates that ARB price corrected by 14.32% over the past week and 31.92% over the past month.
If the Arbitrum price manages to stay above $0.800, then it could potentially test the $1.031 resistance level. Additionally, positive market sentiments and global adoption might push the price of ARB to $2.52, with bearish trends likely to push it to $0.88. Moreover, the Arbitrum price prediction for 2025 suggests a minimum price of $1.82 and a maximum price of $5.01, with unique innovations driving its next act.
While NEAR Protocol and Arbitrum hold a better market position, KangaMoon also emerged as a top contender in July. This coin's market resilience and attractive features continue to attract many investors wishing to enjoy a higher ROI in 2024, as the coin is projected to hit the $1 mark in 2024.
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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.
