Toncoin (TON) has showcased a bullish trajectory following its recent on-chain performance, as its Total Value Locked (TVLK) has spiked, and the number of daily addresses surged 500%. Alongside it, NEAR Protocol (NEAR) saw a major year-to-date (YTD) spike of 388.9%, and could soon reach a value above $10 based on the latest on-chart metrics.
KangaMoon (KANG) is a presale-stage project that’s already raised over $6.7 million, and its value has spiked 400% so far. To see which is the best cryptocurrency to invest in, we will go over all three of them individually.
NEAR Protocol Price Up 388.9% YTD – Price to Move Above $10
NEAR Protocol (NEAR) is up 388.9% on the year-to-date (YTD) chart, and this bullish momentum could pave the way for even more additional gains in the long term. Alongside this, the NEAR Protocol price was positively affected, as Nayms partnered with the NEAR Foundation. The goal of this partnership is to support the platform and allow a novel approach towards smart contracts, which will also have the effect of bridging insurance.
The NEAR Protocol crypto’s RSI and MACD charts indicate that a bullish momentum can be underway, especially as its ecosystem evolves further. Based on the NEAR Protocol price prediction it can end 2024 at a value of $10.08.
Toncoin Crypto on Fire As Daily Addresses Spike 500% Since March
Toncoin (TON) has also reached the spotlight after its recent price performance, and overall growth of the ecosystem. The Toncoin crypto was affected following the 500% spike in active daily addresses since March.
In addition, based on DeFiLlama data, the Total Value Locked (TVL) is up from $18.8 million at the end of February to $258.8 million, indicating a surge of 1,276%. It doesn’t end here, as the Toncoin price could spike further as it recently gained support on the dYdX Chain, and the HashKey exchange. As a result, based on the Toncoin price prediction, it can end 2024 at $3.22, making TON a solid crypto to buy.
KangaMoon (KANG): A Meme Coin Poised for Takeoff in the Play-to-Earn Space
KangaMoon (KANG) is shaking up the meme coin world by bringing real utility, and this has sparked major interest which fueled a 400% price uptrend and resulted in the project raising $6.7 million so far. Unlike most cryptos that are competing against it, KANG is the key currency utilized across a dedicated Play-to-Earn (P2E) game, creating a powerful blockchain ecosystem, and has already reached 20,000 users, aspects which can lead to the project raising $8 million by the end of the month, making it the best cryptocurrency to invest in. KANG also goes beyond the hype-driven projects and puts its focus on long-term value, as it is given as a reward for those who actively participate in battles or tournaments. The BitMart exchange also announced that it would soon list KANG, which can also lead to higher value.
In addition, the unique Social-Fi elements are a catalyst for its growth, as it incentivizes the community to engage on social media channels by offering KANG tokens as complementary rewards. So far, the price jumped from $0.005 to $0.025, and while Stage 5 of the presale ended, it’s now at the Bonus Stage, which provides an additional chance for anyone to diversify their portfolio, before a potential 100x price increase.
Making the Leap With Diversification for the Next Bull Run
The upcoming bull run is in sight, and while NEAR Protocol and Toncoin are two well-established projects with various ecosystem improvements that can result in significant price gains, KangaMoon is currently leading with its upswing potential.
Not only does it bring vast utility, but already has a massive user-base, and will see listings on major exchanges following its launch in Q2, 2024, which can fuel demand and value even further, making it a solid crypto to buy.
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