Near Protocol, one of the lead AI projects in the crypto market, has scored a new listing on one of the largest exchanges in the Korean market, Bithumb. Meanwhile, analysts have tagged Bonk and KangaMoon as the best cryptos to buy now for large gains in the coming weeks. Keep reading to see what analysts have forecasted for them.
KangaMoon (KANG) Forecasted To Soar 50x As Its Gains Traction
KangaMoon (KANG) is lighting up the meme coin market with its crypto ICO. The project has raked in over $6.5M in funding from investors. Also, the price of its native token, KANG, has increased by 400% and is now priced at $0.025 in Stage 5 of its presale.
According to analysts, KangaMoon’s future looks bright. They see its value rising 100x once it is listed on a Tier-1 CEX in Q2 of 2024. The excitement does not end there. KANG’s ties to the booming Play-to-Earn (P2E) gaming market, set to hit $885M by 2028, make it a top contender for meme coin investors in the crypto market.
KANG offers real utility by serving as the in-game currency for the upcoming KangaMoon P2E game. This game allows players to earn rewards like free gaming items, characters, and KANG tokens. Additionally, the platform KangaMoon rewards its dedicated community members with free KANG tokens.
The aim is to encourage its members to be active and reward them for their efforts. Such an approach is not available on other Prichard, making KANG one of the best coins to invest in. Over 22,000 users have joined the KangaMoon community, and the number is expected to increase to 25,000 in the coming weeks.
Bonk (BONK): Analysts Forecast 10% Price Surge
Bonk (BONK), one of the largest memecoins on the Solana blockchain, rose to stardom in 2023 after its value pumped more than 4,000%. The upward price movement continued in 2024, with Bonk setting a new all-time high of $0.00004704 on March 4th, 2024.
While Bonk’s price has dropped in the past few months, it is still a top memecoin in the meme coin market. According to CoinMarketCap, its value is trading at the $0.00001257- $0.00002946 range in the past month. Analysts are bullish that this value could surge 100% in the coming weeks.
Near Protocol (NEAR) Listed on Bithumb, Korean Exchange
Bithumb, the Korean market’s second-largest crypto exchange, has expanded its KRW markets by listing two new cryptocurrencies. One of them is the NEAR, the native token of the Near Protocol. According to the report, the pair, NEAR/KRW, started running on May 7th, 2024.
Following the listing notification by the team, the price of Near coin has skyrocketed 18.2% on the weekly price chart to hit a peak of $7.70. The altcoin has joined the best cryptos in the market that has recovered from the massive price liquidation in April.
Conclusion
Near Protocol’s listing on Bithumb has exposed it to the Korean market and could increase its adoption in the region. Also, investors who are looking for the best coins to invest in can turn to Bonk and KangaMoon. Their prices have been forecasted to soar in the coming months.
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