Why Analysts Are Bullish on SingularityNET (AGIX), dYdX (ethDYDX), and KangaMoon (KANG)

By BlockchainReporter
7 months ago
AGIX ETHDYDX

As the crypto market awaits the rally that will come with the Bitcoin halving, analysts have been making careful predictions to help investors choose the best investment that guarantees substantial profits. SingularityNET (AGIX), which has been witnessing bullish momentum since the start of the year, is a token on analysts’ watchlists. Also on the list is dYdX (ethDYDX), which has continued to see remarkable progress in 2024. However, analysts are more bullish on KangaMoon and view KANG as one of the new meme tokens that can multiply investors’ profit in the year. More details below.

Analysts Bullish on KangaMoon (KANG) as Presale Stage 2 Continues

Although crypto experts are bullish on SingularityNET and dYdX, they expect KangaMoon’s bullishness to surpass them. KangaMoon is a P2E gaming platform where players can turn their passion into money-making adventures. Aside from being a meme coin, the platform also integrates NFT gaming to create a community of meme enthusiasts.

Each player is dressed up as a Kangaroo armed with exceptional gaming skills to compete in intense gaming competitions and tournaments. They also have the opportunity to create their unique characters, earn virtual currency by outsmarting competitors, and connect with like-minded individuals globally on the KangaMoon ecosystem. Those who are not playing can earn through betting and predictions of gaming outcomes and also increase their platform share.

Investors can join the KangaMoon community through the purchase of the native ERC20 token KANG, which is currently sold for just $0.0075. The platform has raised over $100,000 in the current stage of presale and is set to raise more as the presale continues. The KangaMoon platform is also giving a 15% bonus to those who purchase the token now. Holders of the token can also participate in community activities to earn substantial rewards. Additionally, investors can invite their friends and ensure they purchase the $KANG token to be eligible for the referral program bonus.

Early investors have gotten substantial returns with more on the way as the presale continues. NFT gaming is a huge market and it is expected to rise in excess of $200B in 2024. As such, an investment in one of the new meme tokens like KangaMoon could be crucial in earning from the industry. As the bull run approaches, analysts predict a 220% growth for Kangamoon in presale.

SingularityNET (AGIX) Experience Sharp Growth as All Indicators Turn Bullish

Data coming from the crypto on-chain platform Sentiment has shown heightened growth in virtually all SingularityNET (AGIX) metrics. The data shows that SingularityNET transaction volume has gone up considerably since the start of the year, with the whales’ activity worth at least $1 million in value.

SingularityNET has also seen increased growth in token holders with the ecosystem social dominance also surging high. Analysts believe these growth in key metrics have had a positive effect on SingularityNET price which has surged by 200% in the past 30 days. If this trend continues, the token price could climb to $1 sooner than anticipated.

dYdX (ethDYDX) Price Prediction

After losing momentum in the last days of 2023, dYdX (ethDYDX) is now trending the bullish paths with a 40% price rally in the past month. On the weekly price chart, dYdX also experienced a 20% increase based on data from CoinMarketCap.

The dYdX trading volume has surged by a day-to-day average of 500% in the past week. The tokens market cap has also boomed in the past week as investors troop in to benefit from the ongoing rally. Meanwhile, with the dYdX token closer to the $3.8 support level, the token’s price could hit  $4 sooner than projected.

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

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