Top Cryptos Under $1 That Have Insane Price Action Potential (KangaMoon, Dogecoin, and Cardano)
The crypto market is now back in bull territory, and investors are as happy as clams. The views of analysts that the Bitcoin cycle could go on throughout the year also increase the confidence of investors to the highest level.
Although Bitcoin remains the most popular figure, there are several top crypto coins available for less than $1 with possibly higher returns. Based on how high they can rally, KangaMoon (KA#NG), Dogecoin (DOGE), and Cardano (ADA) are the best cryptos to buy now, priced under $1.
KangaMoon (KANG) Set for Parabolic Price Increase
In the early stages of the 2024 bull market, KangaMoon (KANG) has outpaced the rest of the crypto market, already yielding an ROI of 400% for early investors. With its hot start to the bull market, crypto experts are very optimistic that KANG could rally from its current price of $0.025 to a high of $5 by the end of the year.
KangaMoon has been picked as the best crypto investment of the year because of its growing support for its new novel Social-Fi concept. Social-Fi has become the number one trending topic in the meme coin space as it is designed to incentivize user engagement.
Users are rewarded with free KANG tokens based on their social media activity, allowing KangaMoon to create one of the most highly-engaged communities. In just a few weeks, over 32,000 new users have been onboarded, helping KangaMoon raise over $6.9 million. As a further testament to its growth, BitMart has announced it will be listing KANG soon.
The announcement comes as KangaMoon celebrates the listing of the ERC20 coin on CoinGecko and CoinMarketCap. KangaMoon is now one of the fastest-growing projects, with KANG showing a price action that makes it the best crypto investment to join now. With only a few days left before the end of its ICO, now is the best time to join the KangaMoon train.
Dogecoin (DOGE) is Overdue for a Good Pump, Kaleo
Another insane price action has been spotted on Dogecoin (DOGE), the leading meme coin. According to the top analyst, Kaleo, Dogecoin has formed the same historical pattern that led to the massive price pump of 2021.
He adds that DOGE is overdue for a good pump, and “it’s almost time.” If Dogecoin follows through on this bullish pattern, its price could rally from its current range at $0.1700 to as high as $3 this year. Based on Kaleo’s predictions, DOGE is one of the best cryptos to buy now that is priced below $1.
Cardano (ADA) is Underpriced, Poised To Explode Above $1 in 2024
So far, in 2024, Cardano (ADA) is one of the few top crypto coins that has been predominantly bearish. Year-to-date, the Cardano altcoin has dropped by more than 20%, leading many crypto experts to believe that ADA is underpriced.
Javon Marks, in his latest Cardano price prediction, stated that the retracement could be bullish for ADA. According to Marks, ADA is prepped for a more substantial upsurge this year. He suggests that Cardano could surge by 15x in 2024, rallying above $1 to set a new ATH at $7.80.
Conclusion
The sub-$1 crypto space offers a mix of established players like Cardano and high-risk newcomers like KangaMoon. However, based on explosive price actions displayed by these altcoins, they would end this bull cycle with bigger gains than the highly-priced cryptos, Bitcoin and Ethereum.
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