Top Cryptos to Reach New Heights in May According to Analysis
Photo: KangaMoon
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/KangaMoon/ – Lido DAO (LDO) has recently begun surging on the charts, following the successful activation of the first batch of Simple DVT validators on top of its network. Ethereum Classic (ETC) also recently released a full list of public endpoints among other updates on X (Twitter), leading to more transparency, and making it a crypto of appeal for traders and investors. In the meantime, KangaMoon (KANG) experienced a notable price uptrend, and at this rate has the potential to see far more substantial gains.
Lido DAO (LDO) Sees Successfull Activation of Simple DVT Validators
Lido DAO (LDO) is bullish on the charts and has showcased positive momentum during the past week. The key catalyst for this growth of the Lido DAO price is the successful first batch activity of the Simple DVT validators which launched on Lido. These updates could position LDO as the best coin to invest in.
Specifically, the usage of the supermajority Execution Layer client (Geth) across Lido DAO crypto validators has fallen from 93% to 46% since 2022, with considerable progress made in the last three quarters. As a result, demand in the crypto could soon increase, resulting in value growth, and based on the Lido DAO price prediction, it can end 2024 at $9.24.
Ethereum Classic (ETC) Shares Major Updates and Projected to Rise Above $40
Ethereum Classic (ETC) is one of the oldest forks of the network which has consistently stood the test of time and has managed to maintain growth. Recently, the team released the Ethereum Classic crypto’s list of public endpoints, alongside a guide on how to utilize Blockscout with ETC.
As a result, the Ethereum Classic price has also been affected, as many traders began diversifying with this crypto to get more out of the market. As a result, the RSI and MACD data jumped, and according to the Ethereum Classic price prediction, this crypto can end Q4 of 2024 at $41.68, making it the best coin to invest in.
KangaMoon (KANG) to Surpass Competitors With 100x Price Increase
KangaMoon (KANG) is one of the latest projects to display bullishness on the charts as it has risen 290% recently, jumping from a low point of $0.005 to $0.0196 and in the process, gaining the upper hand and opportunity to surpass other projects in the industry.
The key catalysts for this major level of growth in the KangaMoon price is the major ecosystem and vast token utility. Specifically, it’s a platform that introduces an entire Play-to-Earn (P2E) game, alongside Social-Fi elements and a community-driven approach. In this world, anyone can complete monthly and quarterly challenges. Moreover, across the KangaMoon P2E experience, each player can gain control of a character, build it up and unlock unique abilities.
There is a dedicated marketplace on top of which anyone can also buy, sell or trade NFTs, and these can then be used for the characters as-well. As a result, the platform has already appealed to over 20,000 users, and has raised over $6 million. At this rate, fueled by major enthusiasm and solid momentum, not only can it raise above $7 million, but analysts project a 100x price increase following its launch and major exchange listings, making it the best cryptocurrency to buy today.
Summary
Its clear that a significant level of growth occurred with Lido DAO and Ethereum Classic, but they’re not alone as KangaMoon can soon witness a major price uptrend and can potentially surpass them both in the long-term, positioning it as the best cryptocurrency to buy today.
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