Analysts' Top Coins To Buy in Q1 2024: Axie Infinity, Sei, and KangaMoon
Analysts scanned the crypto market for three altcoins investors should have in 2024. From their findings, they have picked Axie Infinity, Sei, and KangaMoon as their preferred choice. Let us see why.
- Axie Infinity (AXS) Price Forecast
- Sei (SEI) Price Prediction
- KangaMoon (KANG) To Top the Gainers Chart in Q1 2024
- Conclusion
Axie Infinity (AXS) Price Forecast
The play-to-earn gaming token, Axie Infinity (AXS), has been under bearish in the past week. The price of AXS fell 9.5%, dropping from a weekly high of $7.62 to a low of $6.82.
In addition, the DeFi coin has also recorded losses of 12.9% and 36.8% on the monthly and yearly price chart. Despite the bearish sentiment, Axie Infinity has remained between the 50-Day SMA ($7.81) and 200-Day SMA ($6.23).
Furthermore, it has recorded 14 (47%) green days out of 30 in the past month. This gives the Axie Infinity crypto some bullish momentum despite the huge pressure from bears. Analysts have predicted a potential rise to $10 in the coming weeks when positive momentum returns to the market.
Sei (SEI) Price Prediction
Sei (SEI) has gained recognition in the crypto space for its layer-1 blockchain, which is designed to handle trading activities. Sei coin, launched in August 2023, soared to its peak value in the closing days of December.
However, it smashed its December high in January 2024 with a new all-time high of $0.8755 on January 3rd. This shows its growing popularity and adoption among investors. The SEI coin has experienced a terrific year, witnessing a surge of 7414.37%, clearly showing a large upward trend in the market.
However, the DeFi coin has dropped gains recently, falling 13.0% in the past month and 19.0% in the past week. It is now trading at $0.5883 – $0.7441. Looking forward, if the market sentiment shifts in the future and becomes favourable, the altcoin could rise to $1.2 $, making it one of the best cryptos to buy now.
KangaMoon (KANG) To Top the Gainers Chart in Q1 2024
Like Sei and Axie Infinity, analysts are bullish on a new meme coin project called KangaMoon (KANG). The DeFi project seeks to revolutionize the meme coin industry with a new approach. KangaMoon is on a mission to create the most engaging meme coin community in the crypto world. The purpose is to capture widespread attention and become a leading name in the space.
The KangaMoon platform is designed to blend Social-Fi and play-to-earn (P2E) elements, elevating the gaming experience for its users. Central to this community is KangaMoon's native token, KANG, which unlocks the full potential of the platform.
KANG tokens are used for various in-game activities, such as purchasing items and enhancing characters. Furthermore, KANG holders have the opportunity to earn additional tokens before the official launch by participating in a variety of challenges.
KangaMoon is preparing for the presale of the KANG token, starting at an introductory price of $0.005. Before the first quarter ends, KANG could see gains of up to 25x, making it one of the best cryptos to buy now.
Conclusion
The altcoins Axie Infinity, Sei, and KangaMoon have been predicted to see massive gains in Q1 2024. Analysts believe they have the potential to soar to new yearly highs, with particular attention on KangaMoon.
Unlike Sei and Axie Infinity, KangaMoon is still in the presale phase and will be launching soon. This project seeks to create a vibrant meme coin community for meme lovers to grow along with the ecosystem.
Discover the Exciting Opportunities of the Kangamoon (KANG) Presale Today!
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