As time ushers the crypto industry into the second quarter of 2024, there’s a potential bull market lurking on the horizon. The bull run will see a number of top crypto tokens rise in value by significant percentages.
While many top cryptos are projected to have huge growth potential, KangaMoon (KANG) and Ethereum (ETH) are most likely to record up to 100x growth in the coming bull run due to several notable market dynamics. Some analysts believe that these favorable market trends will act as positive catalysts for the growth of these tokens. Find out more below.
KangaMoon (KANG) To Return 100x Profits As It Draws Closer to Listing
KangaMoon (KANG) is gaining more reputation and popularity among traders as more investors discover the potential of the meme project. For context, KangaMoon has recorded thousands of interested crypto enthusiasts investing in KangaMoon, resulting in the project raising over $3.9M so far in presale.
While still in its presale phase, early investors of KangaMoon have benefited from the 291% growth of the token and have pocketed a similar percentage gain as ROI. There’s likely to be over 100x growth for KANG in the year. Another significant uptrend is expected after listing on tier-1 exchange platforms in Q2.
As such, it’ll be wise to buy the token now at the price of only $0.0196 to position oneself for the potential price gains. Meanwhile, registered individuals can earn the KANG token as a reward for participating in KangaMoon’s social media campaigns. With the massive growth potential of KangaMoon, there’s a strong belief that the project will be one of the top meme projects in recent history.
Meanwhile, the KangaMoon platform creates an enabling ecosystem for cordial interaction between meme enthusiasts. Also, the platform facilitates a gaming adventure for its members, which comes with rewards such as NFTs, collectibles, and even the KANG token itself. Conclusively, KangaMoon is a perfect synergy of an investment gold mine and an entertaining ecosystem for meme enthusiasts.
Ethereum (ETH) Projected for Massive Growth in the Bull Run
Ethereum (ETH) has maintained its status as the biggest crypto blockchain by total value locked (TLV) on the planet, with over $64B TVL and $425B in market cap. While there is no doubt that Ethereum is one of the top crypto tokens on the planet, there’s still significant growth potential for the token, especially in the upcoming coin bull run.
A look at Ethereum’s price trajectory shows a growth of up to 3% in the last 7 days. Notably, the top altcoin has recorded over 94% growth in a year-to-date price metric. As a result, the price of Ethereum is only 27% off its all-time price peak of $4,891, which has stood since November 2021.
Meanwhile, given the surging momentum of Ethereum’s trading volume, investors are likely to witness a significant uptrend for the DeFi coin in the coming days. Some experts believe the second quarter might be the time for Ethereum to break through the $5,000 price mark.