Analyzing Today’s Crypto Rally: Polkadot, Chainlink And Top Coin KangaMoon Surge

Polkadot and Chainlink have both seen positive returns over the last month. Polkadot, in particular, has seen strong gains, while Chainlink’s returns have been moderate at best. However, both projects have fallen short against KangaMoon, which recently hit a new all-time high. With experts now predicting returns of 220% during its presale, investors are buying KangaMoon over popular altcoins to boost their portfolios.

Crypto Influencers Show Support For Polkadot

Over the last week, several prominent cryptocurrency influencers have praised Polkadot for its future potential. Such influencers include Ash Crypto, who has posted about his bullish outlook on X.

Ash highlighted that Polkadot could increase to $16, and rise again following the release of DOT 2.0, which is planned for later this year. The release of DOT 2.0 is expected to be one of the Polkadot’s largest-ever upgrades. It will enhance the project’s capabilities and, in the process, potentially drive up its value.

Analysis by altFINS supports this bullish sentiment. According to altFINS analysis, Polkadot has broken out of a Falling Wedge pattern and could see 25% gains. With Polkadot currently trading at $10.04, this suggests that DOT could increase to over $12.

Chainlink Growth Compared To Ethereum

Although Chainlink’s recent performance has been less impressive than many altcoins, cryptocurrency analyst LinkTOAD General HBARI believes that Chainlink is following Ethereum trends. According to their analysis, Chainlink is presently following the growth rate ETH experienced before an exponential price surge.

HBARI goes further, highlighting that Chainlink is currently where ETH was in November 2020, just before Bitcoin hit an all-time high. With this in mind, Chainlink could see significant price increases over the next week.

Chainlink is currently trading at $19.60, and has increased by 1.15% in the last 24 hours. Should HBARI’s predictions bear fruit, Chainlink could increase to over $25 by the end of Q1.

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KangaMoon’s (KANG) Raises Over $600,000

KangaMoon is outperforming the altcoin market with its strong presale gains. The project recently hit a new all-time high of $0.01125, and has passed a new milestone of raising over $670,000. Now in stage 3 of its presale, KangaMoon is expected to soar.

This unique new project applies social-fi features to the P2E gaming model. This is designed to create a dynamic ecosystem where users can network and meet other investors, all while enjoying action-packed gameplay.

Within this ecosystem, users will have a range of income generating opportunities. Aside from competing in the KangaMoon game, users can complete challenges, interact with like-minded individuals, and more.

Throughout its presale, KangaMoon will reward investors who help to promote the project. These investors will be rewarded with $KANG tokens, which gives them the opportunity to earn before KangaMoon launches.

Is KangaMoon A Strong Altcoin Alternative?

With Bitcoin’s growth slowing down, many investors are now choosing KangaMoon over traditional altcoin investments. The project’s strong performance and unique concept have already proven to be appealing to investors. As a result, bullish analysts believe that KangaMoon could experience 100x returns once it launches, which has put $KANG tokens in the spotlight.

Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!

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• Source: https://thecryptobasic.com/2024/03/09/analyzing-todays-crypto-rally-polkadot-chainlink-and-top-coin-kangamoon-surge/?utm_source=rss&utm_medium=rss&utm_campaign=analyzing-todays-crypto-rally-polkadot-chainlink-and-top-coin-kangamoon-surge