Trump Pledges Support for Crypto Future Prepare For Massive Gains With These Top Altcoins

Former US President Donald Trump has continued expressing his support for the crypto industry, emphasizing the need to protect the right of 50 million Americans to self-custody digital assets. This comes at a time when the altcoin market seems to be regaining traction with altcoins such as Polkadot (DOT), THORChain (RUNE), Avalanche (AVAX), Dogecoin (DOGE), and KangaMoon (KANG) leading the way.

KangaMoon (KANG) Becomes a Standout Crypto Owing to Its High ROI

KangaMoon (KANG) has been surpassing expectations since the start of its presale stages, standing out among the rest of the new cryptos within the presale market. Having raced to the bonus presale stage, KangaMoon has managed to raise over $7 million in presale funding, with the expectation of hitting $8 million before the end of the campaign. This outstanding performance has increased the token's status within the altcoin market, with different crypto enthusiasts and traders flocking to its network.

KangaMoon will merge the intricate qualities of both SocialFi and GameFi features to create an outstanding ecosystem known as Kangaverse, where traders will earn their living by engaging in a variety of thrilling activities. Notably, KangaMoon’s P2E games mechanism offers activities like battle-themed contests as well as speculative betting topped with special giveaways that users can take part in and win rewards in the form of KANG tokens and other valuable items.

Currently, in the bonus stage, KangaMoon continues to enjoy massive success. KANG’s price has also surged by 400%, trading at $0.025 from its initial price of just $0.005, making it one of the best altcoins to invest in. With the BitMart listing set to happen soon, analysts believe that KangaMoon might hit the $1 mark before the end of the year.

Being a community-driven token, KangaMoon’s ecosystem values its token holders and users’ contributions, having given them the power to participate in the decision-making process within the platform. This move has contributed to the platform’s growth, boasting over 32,000 registered members and close to 10,000 KANG holders. At such a pace, KangaMoon is set to join the top 10 altcoins list of 2024.

Polkadot (DOT) Eying The $10 Mark

Polkadot (DOT) has experienced a surging movement over the past weeks—something that seems to have attracted a crypto analyst known as Yapper claims that Polkadot’s price has broken out of its specific consolidation pattern and is now seeing a beautiful price retest. The analyst and also entrepreneur suggested that Polkadot’s previous resistance has turned into a support region, meaning that the altcoin can aim for a higher target.

Another analyst, Block Diversity, also predicted a DOT price rally of around $14, provided the coin continues to trade above its major resistance levels. Moreover, Polkadot's technical indicators, including its RSI, point towards a continued surge, showcasing the coin's resilience within the altcoin market.

THORChain (RUNE): A Potential 50% Surge Awaits Beyond Its Present Level

THORChain (RUNE) experienced a resurgence after bottoming out from its lows near the 200-day EMA. This means that the altcoin’s broader market sentiment has significantly improved, restoring the coin’s confidence among investors propelling the crypto for further gains. The Total Value Locked for THORChain coin has also witnessed an upward trend since February 2024.

This growth in TVL signifies a market engagement shift, rising demand for the altcoin, and growing prosperity among traders looking to maintain their investments. Moreover, RUNE seems to have completed its retest, followed by a breakout of its upper trendline resistance, indicating the end of its corrective trend. A successful break past the $7.8 resistance level might lead to a 50% gain, meaning THORChain will have reached its annual high, becoming one of the best altcoins to buy.

Avalanche (AVAX) Set for Success Amid Increased Buying Interest

Avalanche (AVAX) has been showcasing impulsive moves, with a six-month price rally of 80.11%. While the AVAX price has been displaying some resilience compared to its altcoin peers, a closer look indicates a market grappling with conflicting signals, with a mix of cautious optimism and underlying unease. Over the past months, AVAX has been exhibiting a pattern of price spikes, which were followed by equally sharp corrections.

However, if Avalanche can maintain its crucial support level, then there is a higher possibility for a continued northward trajectory, particularly if a broader bull run is able to materialize within the crypto market. With the $48 and $53 mark being the main resistance points that Avalanche has repeatedly tested and failed to surpass in recent months, a sustained breakout above these levels will signal a significant shift in Avalanche price momentum, potentially propelling the coin toward the $80 or even $100 mark by Q3 of 2024.

Dogecoin (DOGE) Records Increased Whales Activities

Dogecoin (DOGE) whales have been busy capitalizing on the epic run that Ethereum and the crypto market in general had. Major Dogecoin investors have been stepping up their recent activities, something that could potentially mark a rebound and price recovery for Dogecoin. Recent data seems to be pointing toward the emergence of big transactions involving Dogecoin, with around 1.51 thousand large transactions of around 6.83 billion Dogecoins within the past day.

With major holders being quite instrumental in the market dynamics, Dogecoin has experienced relative stability, with the price consolidated within the key support and resistance levels. Moreover, Dogecoin RSI is at 55.83, signaling that market sentiments are almost neutral with a possibility for potential gains. Additionally, the fact that Dogecoin whales are picking cheap coins ahead of a surge in activity also signifies a general market recovery for one of the top altcoins to watch.

Is KangaMoon on the Right Trajectory for Joining Top Altcoins within the Crypto Market?

KangaMoon’s recent listing on CoinMarketCap and Coingecko has placed this coin in the spotlight within the altcoin market. With an imminent listing within the top-tier exchange platforms in the coming months, experts seem to have projected that KangaMoon will certainly join the top altcoins to watch, which include the likes of Polkadot, THORChain, Avalanche, and Dogecoin while offering a higher ROI to its investors.