The crypto market shows signs of a rebound after a turbulent March that saw several cryptocurrencies recording downtrends. The previous pullback and consolidation are seen as a healthy flush-out necessary to stimulate the market for the next upswing. Several altcoins—Solana, Ripple, KangaMoon, and Dogwifhat—have witnessed considerable gains, although they remain below their all-time highs
Meanwhile, the pioneering cryptocurrency, Bitcoin hit a new all-time high in March. To maximise returns, investors are advised to diversify their portfolios with both emerging and established cryptocurrencies showing upside potential.
In this article, we explore the top cryptos to invest in this month.
KangaMoon (KANG)
Amid Bitcoin’s significant milestone on April 20, KangaMoon's presale momentum continues to gain traction in the market. With over $5 million raised and an impressive 290% ROI, KangaMoon offers a unique Play-to-Earn (P2E) proposition and SocialFi elements set to disrupt the cryptocurrency market. KangaMoon will launch P2E) games, a concept that is attracting investors in the gaming and cryptocurrency industry.
By playing tournaments and other weekly, monthly, and quarterly challenges users can potentially earn KANG tokens and rare NFTs. Unlike other altcoins, the KANG token offers actual utility as an in-game currency, facilitating various transactions within the platform. For context, with the KANG token, users on the Kangaverse would have the opportunity to upgrade their KangaMoon characters and buy in-game items on the marketplace.
Additionally, the platform stands out with its SocialFi elements, placing a strong emphasis on its community. To clarify, users have a chance of winning free KANG before the official launch when they engage with and promote KangaMoon’s social media content. This interactivity has made KANG one of the top altcoins with active social media engagements, amassing over 20,000 registered members and over 6,000 holders.
Currently, in its presale stage five, the KANG token costs $0.0196. Experts are bullish about the altcoin, suggesting that its price would move to $0.5 after a potential Tier-CEX listing in Q2. Far from that, with a small market capitalisation of about $19.6M, KangaMoon needs fewer funds added to trigger a double-fold increase in value.
This potential for substantial gains in a short period is a thrilling prospect for investors. Therefore, analysts foresee significant gains for KANG in the remaining week of April. You can join the KangaMoon community by buying KANG and get a 10% bonus.
Bitcoin (BTC)
After marking a significant milestone—the halving event on April 20, 2024, Bitcoin price—remains steady around the $65000 mark, according to CoinMarketCap. Many experts believe that the pioneering cryptocurrency will soon start gaining traction.
Renowned crypto analyst Rizzo has highlighted interesting statistics about Bitcoin crypto after each halving. Other prominent figures have also weighed in on their predictions. Currently, the price of Bitcoin remains lull following the halving event, and it’s in a sell-the-news situation. Analysts see the BTC coin risking a correction to $60,000 or even lower.
Additionally, its Awesome Oscillator pushes towards negative territory as the red charts intensify. Even with these sentiments, the market is still confident about Bitcoin. Based on previous halving history, many experts see Bitcoin's price surging around the $100,000 mark by 2024. Thus, investors are accumulating the Bitcoin crypto in April in anticipation of a major rally.
Solana (SOL)
As a proof-of-stake (PoS) blockchain designed to host other decentralised and scalable applications, Solana crypto is another altcoin that promises growth potential in April. Impressively, Solana's price is on an upward trajectory, showcasing robust market performance in the last few days.
Solana is green across all charts, with a significant 24-hour trading volume of around $2.67 billion, propelling its price to $150.61, according to CoinMarketCap. The recent Solana price surge is attributed to the broader bullish market and the resurgence of investor interest.
Many experts believe the current upward trajectory may continue in the coming weeks. They are closely monitoring the altcoin, as several Solana price predictions are increasingly optimistic. Thus, investors see the altcoin among the best cryptos to invest in April.
Ripple (XRP)
Ripple (XRP) stands out in the crypto world not just because of its technological foundation but also because of its outstanding and dramatic fluctuation within its market history and all the contentious legal battles it has dealt with over the years. With a recent long-term performance of the XRP price that was pointed out by Ripple’s Chief Technology Officer, David Schwartz, this unique crypto has managed to undergo a 1500% valuation surge since it was incepted over seven years ago.
When it launched in 2012, Ripple was priced at around $0.006. However, by early 2018, the XRP price had managed to hit an all-time high of $3.84, which was attributed to the crypto boom. According to Jovan Marks's remarks on the price of the Ripple coin, this unique coin might surge to $2.47, and this might happen quite soon. Currently trading at around $0.52 per CoinMarketCap, Ripple coin stands out as one of the best cryptos to invest in.
Dogwifhat (WIF)
Dogwifhat has been performing extremely well over the past week. By April 9, 2024, Dogwifhat's price was trading at around $3.63 following Dogwifhat Store’s affirmation of accepting Solana Pay while promising to give all the profits raised to charity. This move saw the WIF price surge to almost $3.83 by April 11. However, as the buzz surrounding the news started fading, Dogwifhat's price started undergoing a price correction.
By April 16, the Dogwifhat coin price stabilised at around $2.46, having wiped off 32.23% of its initial value in a week. However, according to crypto analysts, the price prediction for Dogwifhat might reverse and surge to the $4.38 mark by the end of April— aligned with the probability of WIF getting more adoption owing to the April news of OKX listing the crypto for spot trading. The WIF tokens have been trading around $2.42 and $2.90, according to CoinMarketCap.
Conclusion
All the above-listed coins stand out as the best cryptocurrencies to buy now. KangaMoon has proven to be a worthy altcoin that should not be overlooked. Having raised more than $5 million in its presale stage and targeting the $6 million mark by the end of April, KangaMoon is a great new crypto to invest in if you wish to enjoy the year's gain.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
Website: https://kangamoon.com/
Join the KangaMoon community: https://t.me/kangamoonofficial
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