Donald Trump's Interest In Cryptocurrency Generates Heated Debates: Are These Cryptos on The Cusp of Hitting the Next Highs?

Donald Trump is an ex-president of America running for a second term in office. Trump's interest in cryptocurrency spans several years, and his campaign organization is reportedly said to be accepting campaign donations in cryptocurrency. This has elicited many arguments among crypto enthusiasts. Questions like whether crypto can finally become a legal mode of transaction in the US if Trump wins have flooded the internet in recent times. Amidst these debates, here are some of the best cryptos that are currently doing well and could reach new milestones in the coming weeks.

KangaMoon 

KangaMoon is a new cryptocurrency that has earned several praise from many enthusiasts. Built on the Ethereum blockchain, KangaMoon is a pioneer gaming platform incorporating play-to-earn elements with the SocialFi model. The token has gained immense attention for its community-based approaches, allowing users to become a key part of the ecosystem.

KangaMoon's uncommon functionality has projected it to the summit as one of the best cryptos to invest in 2024. A total allocation of 250 million tokens are mapped out for users, gamers and spectators. This means users will earn massively performing simple tasks. This strategy is designed to get KangaMoon to the least of its users. So far, the community has over 30,000 users with holders above 10,000. 

With 400% realized from the KangaMoon presale so far, new Investors are joining the KangaMoon train, making it the best crypto investment. The project is at the bonus stage and investors can purchase KANG at $0.025. KangaMoon listing by two major data aggregator platforms, Coingecko and CoinMarketCap, has added a colorful atmosphere to the project outlook.

As the project continues to gain traction, traders can tap into the huge NFT market projected to hit $8856.95M in 2028. With the BitMart exchange listing confirmed, more CEX listings are on the way, making KangaMoon one of the best crypto coins to invest in this month. With its innovative ideas, analysts tip the price to hit $1 soon. As such, KANG could topple popular meme coins like Dogecoin and Shiba Inu in the coming weeks.

Bitcoin Cash 

Bitcoin Cash was touted as the Bitcoin alternative with powerful features such as faster transactions, lower fees, and anonymity. While the Bitcoin Cash token has lived up to expectations since its launch, it is still lagging behind Bitcoin in terms of adoption. One key Bitcoin Cash feature that has resonated with users is the ability to perform transactions without needing third parties. Due to network congestion, Bitcoin Cash coin is usually the solution for users who want a faster network at a lower price.

In the past year, the Bitcoin Cash price made an impressive jump of 317%. While the bear pressure has effected some damage, Bitcoin Cash is still a good crypto to buy. The Bitcoin Cash market cap is also moving up to $10 billion with the trading volume edging closer to half a billion. With the Bitcoin Cash price eyeing the $500 mark, a breakout of this zone could amplify the bullish trends, potentially taking the price to $1k before the end of the year.

Near Protocol

Older blockchains have contending issues that hinder them from functioning properly. With networks like Near Protocol, problems such as transaction speeds, low throughput, and poor interoperability are solved. As a developer-friendly platform, the Near Protocol network creates an ideal atmosphere, allowing for the development of decentralized applications.

Even though the token was launched in 2020, it wasn't until 2022 that it reached its all-time high record of $20. Over the past year, the Near Protocol price has gone up by 388% with the Near Protocol market cap moving near $9 billion.

The current Near Protocol market sentiments look bullish, even though the token still needs to stabilize at $8. Looking at the Near Protocol price prediction, the next resistance target for the token is around $8.85. By surging past this trendline, a climb to $10 is possible this month, making it one of the best cryptos to buy now.

Optimism

Built on top of the Ethereum blockchain, Optimism is one of the top crypto coins investors are keenly interested in. Leveraging the security of the main network, Optimism compliments Ethereum through scalability.

Since its launch in 2021, Optimism Protocol has amassed close to $8 billion in Total Value Locked (TVL) and currently holds more than 18% in market share among layer 2 blockchains. Meanwhile, the Optimism token set a new all-time high record after reaching $4.85 on March 6, 2024. In one year, holders of the Optimism coin have made a profit of 50%.

Analyzing Optimism market indicators, the road appears clear for a massive bullish momentum. The Optimism market cap has maintained a strong bullish presence in the past weeks, with the token averaging more than $200 million in trading volume. Although the Optimism price has descended from its ATH, experts believe there is no cause for alarm. If the bullish trajectory continues, Optimism could set a new price record in Ju

Arbitrum

Just like Optimism, Arbitrum is an Ethereum scaling solution that improves the speed, scalability, and cost-effectiveness of the Ethereum main network. Using its optimistic rollup, Arbitrum has an extensive ecosystem with a quest to establish a new layer 3 called Orbit and include more institutional validators.

Arbitrum is the leading Ethereum layer 2 with the largest market share. Although Arbitrum made giant progress earlier in the year, climbing to a $2.4 all-time high in January, the token has experienced a significant pullback since then.

Arbitrum token has plummeted by 15% in the past month with the weekly chart also showing a further decrease. Surprisingly, Arbitrum trading volume and market cap are growing exponentially with the latter aiming for $3 billion. With the heightened interest in cryptocurrency among investors, Arbitrum has the necessary firepower to attract big game players which makes the token a good crypto to buy for massive upswing.

Conclusion

With the Trump organization boldly coming out to support cryptocurrency, the next few months before the US election could be pivotal. Although they may not have any affiliation with the Trump organization, these tokens are armed with a huge fanbase, massive ecosystem, and solid fundamentals which are what every token needs to thrive. However, this article is not in any way an endorsement of these tokens. As such, investors should conduct thorough research by exploring every means of getting to the background of these projects.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

Website: https://Kangamoon.com/

Join Our Telegram Community: https://t.me/Kangamoonofficial