Traders always look for the next big thing, especially in the volatile cryptocurrency market. With a Bitcoin halving event coming up, YouTube analysts have identified the top 5 cryptocurrencies that they believe could lead to significant gains. They are KangaMoon (KANG), Chainlink (LINK), Sui (SUI), Polygon (MATIC) and Dogecoin (DOGE).
Best Cryptos To Buy Before the Bitcoin Halving
KangaMoon (KANG) - A rising presale star that has already provided early buyers a 290% ROI.
Chainlink (LINK) - A platform that lets blockchain networks connect with real-world data quickly and easily.
Sui (SUI) - A permissionless L1 blockchain that brings immediate settlement.
Polygon (MATIC) - An L2 scaling solution with low transaction fees and fast transactions.
Dogecoin (DOGE) - The original meme coin king, which continues to dominate this sector.
KangaMoon (KANG)
First on this list is KangaMoon (KANG) - the best coin to invest in before Bitcoin’s halving event. It is now in its presale run, which has been stellar. KangaMoon has raised over $4.7M so far, with projections of hitting $6M before April 2024 ends. It has also given early buyers a 290% ROI.
The KangaMoon Play-to-Earn (P2E) game is set to launch shortly and players will need KANG tokens to buy in-game items or upgrade their characters. But the value doesn’t stop there - if you’re a KANG holder, you’ll also get exclusive access to weekly, monthly and quarterly challenges that award more tokens or items.
In its bid to foster community engagement, KangaMoon has already started giving away free KANG to its most active members as part of its pre-launch initiative. This has lured worldwide traders to like/share/comment on KangaMoon’s social media posts to earn KANG for free. With this development, KangaMoon may have the most active community on the market.
KANG is in Stage 5 of its presale and costs only $0.0196 - a 290% rise from its starting price of $0.005. However, analyst Digital Assets Unfiltered predicts a potential 100x rise for KANG once a Tier-1 CEX lists it in Q2 of 2024. Given that the P2E gaming sector may reach $885M by 2029, this price prediction looks pretty plausible - making KANG the best crypto to invest in now.
Chainlink (LINK)
Chainlink (LINK) emerges as the next best crypto to hold before Bitcoin’s halving event. This project is a central part of DeFi as it creates oracle solutions for smart contracts. According to Crypto Jebb, Chainlink may see a rise to $100 soon as it prepares to go through a big rally.
Recently, the Chainlink crypto has been riding a bullish wave. CoinMarketCap data shows that the Chainlink price grew from $17.34 to $17.90 in the last week alone. Over that time, its market cap also rose from $10.07B to $10.50B.
The technical analysis for LINK also paints a bullish picture as it trades above its 100—and 200-day EMAs. Not only that, but 17 technical indicators for Chainlink are in the green. Because of this, market analysts predict the Chainlink value will reach $26.98 within Q2 of 2024 as Bitcoin’s halving event occurs.
Sui (SUI)
Next, we must mention Sui (SUI) - an unexpected powerhouse in DeFi. The crypto analyst behind the More Crypto Online YouTube channel predicts that Sui may rise to $3.43 if it breaks through the $1.77 level soon. This makes Sui another good crypto to buy before Bitcoin’s halving event.
The Sui price movement fell from $1.63 to $1.47 in the last 30 days alone and its market cap also sank from $1.99B to $1.91B. However, the technical analysis for the Sui crypto shows a rebound may occur. Sui trades above its 21-day EMA while boasting 10 technical indicators in the buy zone.
Due to all these reasons, experts in the crypto field have made a bullish Sui price prediction. They forecast a potential jump to $2.50 for Sui before Q2 of 2024 ends. This price prediction looks likely because the Bitcoin halving event may trigger a market-wide rally.
Polygon (MATIC)
Polygon (MATIC) is second-to-last on the top crypto coins to buy list. This L2 scaling solution has positioned itself as a leading Ethereum contender. With scalability issues plaguing Ethereum, Polygon emerges as a scalable solution to improve transactions.
According to the BitBoy Crypto v2 analyst, Polygon’s price may hit $17 soon. Polygon has also been experiencing some volatility recently. Over the last 30 days, MATIC sank from $1.22 to $0.88. During that period, its market cap also fell from $12.09B to $8.75B.
However, the technical analysis for the Polygon crypto shows a more bullish picture. Notably, Polygon is trading above its 100—and 200-day EMAs with 12 bullish technical indicators. Therefore, experts forecast a rise to $1.29 before Bitcoin’s halving event.
Dogecoin (DOGE)
And finally, we have to talk about Dogecoin (DOGE) - a resilient and enduring meme coin. With a vibrant, fun community and widespread adoption, it is no wonder that many are captivated by Dogecoin. Even newcomers to the space are drawn to its accessibility and popularity.
Analyst Stock Moe predicts that the Dogecoin price may rise to $0.22 soon as the Bitcoin halving event approaches. On the one-month chart, DOGE saw a price jump from $0.17 to $0.19. In that time, its market cap also increased from $24.45B to $28.74B.
The Dogecoin technical analysis also shows bullish signs. For instance, 27 technical indicators are now in the buy zone for Dogecoin. Because of this, prominent market analysts predict Dogecoin will trade at $0.25 after the Bitcoin halving event. This makes DOGE a crypto to buy right now.
Final Thoughts
These top 5 cryptocurrencies are a must-have before Bitcoin’s halving event. However, KangaMoon stands out among Chainlink, Sui, Polygon and Dogecoin. This is because KANG has a low market cap of $19.6M, which means it needs fewer new funds for its price to rise. Sign up for its presale and obtain a 10% bonus on each purchase.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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