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With Altcoins season around the corner, investors are considering top crypto coins, including Toncoin (TON), Near Protocol (NEAR), and new ICOs like KangaMoon (KANG). This new meme coin project has caught the attention of whale investors, as its Presale has recorded noteworthy funding of over $6.5 million. On this backdrop, Toncoin is witnessing price surges in its price charts while Near Protocol token has just announced a collaboration with Prom to resolve issues in its blockchain platform.
In recent news, Prom has added NEAR Protocol (NEAR)’s Data Availability solution to its ecosystem to enhance scalability for rollup developers. This integration provides low costs, reliability, and high performance, enabling developers to use NEAR's tools effectively. Using NEAR's features, Prom and other host ecosystems can easily overcome existing limitations in blockchain technology.
Meanwhile, NEAR Protocol's token has witnessed a year-to-date increase of over 327% which puts it at top 17 crypto coins on CoinMarketCap, further reflecting increasing demand for the token. Analysts maintain optimism for Near Protocol, forecasting further that it will push its price to new highs. Likewise, in the past month, the price of Near Protocol has increased by 9%, showing continued interest from its token buyers.
Launched in 2018, Toncoin (TON) has witnessed a noticeable surge in its weekly and monthly price charts. In the past month, the price of Toncoin surged by nearly 10% after trading from $4.6 to $7.6. Similarly, the TON YTD price chart displays over 182% increase after trading from as low as $1.2 to $7.4.
With Toncoin market cap witnessing a 0.85% decline in the past few days, the trading volume has equally dropped by nearly 36%. Meanwhile, the token is on the course of climbing past the current level of $5.89 to new price levels. However, crypto analysts believe the token price will head to $7 in the coming months, making it one of the top crypto coins to invest in today.
KangaMoon (KANG), a new ICO token, is drawing enormous attention from whale investors to its ongoing presale. With a growing community of over 23,000 registered members consisting of 6,000 plus token holders, it is evident that KangaMoon’s decision to merge GamFi and SocialFi features in an immersive ecosystem is one that will ultimately disrupt the crypto market.
Currently, in the fifth presale stage, where each token is sold for as low as $0.025, the native KANG token has witnessed a noticeable surge, delivering up to 400% ROI for early buyers who purchased the coin at an initial $0.005. Having raised over $6.5 million in presale revenue, KangaMoon is aiming to hit $8 million before the presale comes to an end.
Meanwhile, crypto analysts predict that the KANG token could rise further by 2,000% after its official launch in Q2 2024. At this point, the KANG token will be available on top tier exchanges like Uniswap which will further boost KANG’s price to new highs.
In the meantime, KangaMoon has announced a partnership with RaidSharkBot to increase community engagement and attract more users into its ecosystem. As one of the new ICOs to watch out for in the second quarter of 2024, KangaMoon is expected to attract even more investors with this latest development.
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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.
