All eyes are on Ethereum as the crypto community counts down to when ETFs will begin trading. While the price of Ethereum will undoubtedly soar as ETFs begin trading, Real Vision analyst Jamie Coutts believes that a major altcoin market is also around the corner. As such, KangaMoon, Solana, and Near Protocol are the three best altcoins picked by market experts to go on an explosive rally.
BitMart Announces Listing for KangaMoon (KANG) As Launch Nears
KangaMoon (KANG) has enjoyed a spectacular blockchain ICO this year, raising over $7.5 million and onboarding over 32,000 users. The excitement grew over the last few weeks as CoinGecko and CoinMaketCap both announced support for the KANG token. Now, it has gotten bigger as one of the leading crypto exchanges, BitMart joined in supporting KANG.
Although the date for KANG’s listing on BitMart wasn’t revealed, the KangaMoon community is excited as the listing will come before the official launch of the platform. This is significant as top exchange listings often come with a major price boost. This means KANG, which has already seen a 400% price increase this year, could rise even higher.
KangaMoon has garnered this much support because it is a DeFi project built for users to maximize their income stream. Thus, KangaMoon is a combination of GameFi and P2E, which means that players can join daily, weekly, and monthly competitions to gain KANG tokens, NFT, and other gifts.
To build a vibrant community of gamers, the DeFi project is enhanced with an innovative Social-Fi mechanism that rewards users based on their contribution level. With the prospect of taking over the gaming space, experts are optimistic that KANG can rally as high as $1 this bull cycle. KANG is now only priced at $0.025 in the bonus stage of its blockchain ICO, making it a great investment choice.
Near Protocol (NEAR) To Outperform ETH Over the Next Few Weeks
While the spotlight has been on Ethereum, Near Protocol (ETH) has steadily been one of the best altcoins in the market. The Near Protocol coin, NEAR, has more than doubled its price YTD, and the former Bloomberg analyst Jamie Coutts has it as one of his top altcoins for this altseason.
According to Couuts, Near Protocol is one of the smart contract platforms that has shown the highest relative strengths recently. As a result, he expects NEAR to outperform most of the market this altseason. While NEAR has been ranging around $7.5 over the last few days, the altcoin price could break the $10 mark over the next few weeks.
Javon Marks Set Price Target for Shiba Inu (SHIB) At $0.000088
Javon Marks, a crypto analyst who previously explained that Shiba Inu (SHIB) was trading in an “intermission” phase, has offered a more bullish outlook. According to the latest Shiba Inu price analysis from Marks, the meme coin has broken out of a bull flag pattern following an impressive three-day winning streak.
Marks also adds that SHIB is showing a robust performance that could lead to a massive price increase over the next few weeks. From its current price range of $0.0000260, Marks has predicted that the price of Shiba Inu could increase by more than 230% to trade above $0.0000889 within the next few weeks.
In Conclusion
While the trading of Ether ETFs will spark a major price increase for ETH, there are several alternatives with a more promising outlook. Among the top altcoins to consider are KangaMoon, Near Protocol, and Shiba Inu. Based on their outlook, these altcoins look set to record bigger gains than ETH over the course of this altseason.
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