Internet Computer (ICP) has only gone up 4%, sparking many investors and traders to diversify their holdings as they begin seeking higher-growth opportunities in the industry. In the meantime, the Sei (SEI) cryptocurrency has broken above the $0.60 price barrier to become one of the biggest gainers, positioning it as one of the best altcoins to diversify with.
Yet, most of the attention has gone towards the latest memecoin, KangaMoon (KANG), which broke past the $5 million raised mark during its presale. To see why this is the case, we will review these cryptocurrencies individually to see just how far they can rise and determine which is the best cryptocurrency to invest in.
Internet Computer (ICP) grew just 4% – Is its rise over?
Internet Computer (ICP) has seen a 4% climb on the weekly chart; however, it has gone up 17.3% during the past month. Despite the Internet Computer price reaching a weekly high at $15.64, it has since found support at the $13 level, marking a drastic decrease in its value.
Now, the Internet Computer crypto needs to regain bullish attention, as it did with its 97% year-to-date (YTD) climb, to regain momentum and potentially reach new heights. In the meantime, based on the Internet Computer price prediction, the crypto can reach a maximum point of value at $18.19 by the end of 2024.
Sei (SEI) grows 481% – Price to spike to $1.08
Sei (SEI), on the other hand, has displayed bullish on-chart performance, as within the past six months, the crypto has risen 481%. Moreover, according to the weekly price chart, the Sei price went up from $0.45 to $0.66, which resulted in it finally passing the $0.60 price barrier that it had been attempting to for a prolonged time period.
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The RSI and MACD data for the Sei crypto is also bullish, indicating that it has further growth potential in the upcoming trading sessions. With that in mind, based on the Sei price prediction, it can end 2024 at $1.08, also positioning it as the best cryptocurrency to buy today.
KangaMoon (KANG) raises over $5 million and can spike 100x at launch
KangaMoon (KANG) is an upcoming project that will introduce Social-Fi elements and a community-driven approach alongside its unique Play-to-Earn (P2E) model through which anyone can get rewarded for their time committed within the ecosystem and the overall activities achieved on the platform.
Each player takes control of their own KangaMoon character and can engage in boxing gameplay. By doing this, they gain the opportunity to engage in battles with other players and can even attend tournaments. Those not wanting to actively battle can also just spectate battles instead, and by doing so, have the opportunity to get rewards as-well. Each reward comes in the form of KANG tokens or non-fungible tokens (NFTs), which can also be resold in a dedicated marketplace for additional capital gains.
The presale has seen a massive level of momentum as KangaMoon has raised over $5 million so far and is expected to raise over $6 million by the end of the month. Based on the data, its price has surged from $0.005 to $0.0196, indicating a major 290% price increase. At this rate of growth, analysts are projecting a 100x price increase following its launch and major exchange listings, making KANG the best cryptocurrency to invest in.
Summary
It’s clear that Internet Computer has struggled recently, while Sei has become one of the top gainers in the industry. However, the most significant attention has gone towards the KangaMoon crypto, as not only is it breaking records with its blockchain ICO, but it can become a dominant force in the industry, making KANG the best cryptocurrency to buy today.
Discover the exciting opportunities of the KangaMoon (KANG) presale today!
Website: https://kangamoon.com/
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Disclaimer: This article is sponsored content and is not financial advice. CryptoNewsZ does not endorse or guarantee the accuracy of the content. Readers should verify information independently and exercise caution when dealing with any mentioned company. Investing in cryptocurrencies is risky, and seeking advice from a qualified professional is recommended.
