With the latest cryptocurrency bull run taking the market by storm, investors are looking at crypto whale activity to discover their next investment. According to data, whales are buying Stellar, Kaspa, and KangaMoon.
These lucrative altcoins have experienced a strong performance since the start of 2024, and some experts believe that they could hit new all-time highs within a year.
Could Stellar Hit $1?
Stellar recently launched an ambitious roadmap for 2024. This roadmap includes several new partnerships that, according to experts, could drive Stellar above $1 within a year.
Current market trends support this growth. Over the last month, Stellar’s price increased by 34%, and its daily trading volume has consistently increased. Furthermore, market sentiment supports additional bullish movements. According to investors, XLM could reach $1.16 on its current trajectory.
At the time of writing, Stellar was trading at $0.1466, and XLM had a daily trading volume of $2.8 million. As more investors purchase Stellar, and the Stellar Foundation announces new developments, XLM could become one of the world’s top altcoins.
Kaspa Growth Continues in 2024
Kaspa was one of the market’s best-performing altcoins in 2023. Its value increased by over 1268%, during which Kaspa was able to break into the top 50 ranked cryptocurrencies. Market experts are now extremely bullish about Kaspa’s growth.
However, Kaspa’s daily trading activity suggests that investors might not be as interested as first thought. According to CoinMarketCap data, Kaspa has a daily trading volume of just $69 million. This makes Kaspa the 159th-ranked cryptocurrency by trading volume, despite Kaspa being the 35th-ranked project by market cap.
Nonetheless, Kaspa’s price continues to surge. In the last month, Kaspa’s price has increased by 64%, and KAS is currently trading at $0.1642.
KangaMoon (KANG) Becomes A Top New Altcoin
KangaMoon (KANG) is attracting thousands of new investors with its impressive presale performance. The project is already up by 125% and has raised over $600,000 during stage three of its presale.
This altcoin offers a unique player experience. It combines social-fi features and play-to-earn gaming to give users various opportunities to win rewards. Aside from winning competitions, users can earn $KANG tokens for social interactions. Furthermore, they will also be able to complete challenges for additional tokens.
During its presale, KangaMoon will offer $KANG rewards to individuals who help to share its presale. These rewards offer a great opportunity for investors to start earning before the project launches, which has made KangaMoon a popular new investment.
With less than 20% of stage 2’s supply remaining, investors have limited time to capitalize on the round’s 10% buy bonus. They can currently purchase $KANG for $0.01125 per token, though tokens will increase in value once stage 3 is sold out.
Can KangaMoon Outperform The Altcoin Market?
With the altcoin market booming, investors are asking if KangaMoon can offer even higher returns. According to experts, KangaMoon could increase by up to 220% during its presale, and offer even higher returns upon launch. As a result, KangaMoon has earned a spot as a top investment for many altcoin enthusiasts.