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Crypto Quant Drives Toncoin’s Optimism; Investors Now Eye These Top Altcoins 

Top Altcoins

The post Crypto Quant Drives Toncoin’s Optimism; Investors Now Eye These Top Altcoins  appeared first on Coinpedia Fintech News

In an on-chain analysis, Crypto Quant analyzed how the US crypto market is bullish on the Toncoin token. In the same analysis, he also highlighted how Toncoin (TON) has progressed alongside the several partnerships it has formed. This development is drawing attention from the altcoin market to Toncoin, almost equal to the attention that KangaMoon (KANG) is getting. 

As the presale market looks forward to the complete transition of this new meme coin into the altcoin market, smart money also invests in other meme coins like Pepe (PEPE), and Floki (FLOKI). Meanwhile, considering how Ethereum is moving lately, $ETH is also a strong choice amongst investors at the moment. Let’s delve into why these are top altcoins to buy this Q2.

KangaMoon (KANG) Is The Latest Crypto Gem Poised to Rank With Top Meme Coins

KangaMoon (KANG) has already proven itself worthy in the crypto market as a strong competitor for sky-high gains this year. Its 400% price rise throughout the six (6) presale stages from $0.005 to $0.025, tells of its prowess as a meme coin with high gain potential. This potential further lies in how KangaMoon merges SocialFi features with GameFi features in a Play-to-Earn model capable of starting a new wave in the GameFi market.

As said, the native $KANG token has already delivered a substantial profit to early buyers; however, that’s just a part of its progress so far. KangaMoon has also made a new record, surpassing $7M in presale revenue. At the current pace, KangaMoon is projected to eventually end the month with over $7.5M in presale funding. More interestingly, KangaMoon now boasts a fast-growing community of over 32K members and nearly 10K KANG holders.

Together, with RaidSharkBot, KangaMoon is adding another dynamic to its usual gameplay platform where users can engage in and bet on battle to win $KANG tokens. With RaidSharkBot, a community engagement team, KangaMoon aims to boost its user base by offering thrilling raid challenges where $1000 cash prize is up for grabs. This is set to add to its potential as a smart crypto to buy.

Furthermore, KangaMoon has already been listed on CoinMarketCap and CoinGecko, solidifying its position as one of the next best meme coins to watch. With an upcoming listing on BitMart and Uniswap, and analysts predicting a total 1000% rise when the presale draws to a close, KangaMoon is set to further disrupt the meme coin market in no time.  

Toncoin Network Receives Firm Investment Consideration After Crypto Quant’s Analysis

Currently ranked as one of the most impressively performing blockchain networks this year, topping Bitcoin by +118%, Toncoin (TON) has received more attention, especially the Toncoin token whose value reflects over 20% rise in the past month and over 235% rise year-to-date, with most of this rise happening at the start of this Q2.

More accurately, Toncoin recently entertained the launch of a new project called Notcoin which released 80 billion NOT tokens this past week. This further increased the activity on the TON Network and raised more positivity around the Toncoin token. Other factors that are solidifying Toncoin’s investment potential are its recent partnerships with Telegram and HashKey Group.

However, more importantly, Crypto Quant released an analytic report concerning Toncoin, stating how the network is considered generally bullish in the US crypto market, even though things are not nearly the same in the European trading market. Regardless, this has positioned Toncoin among the best cryptos to invest in this Q2.

For the past two weeks now, Pepe has been trending in the crypto market. The meme coin gem which only just surpassed a year since its inauguration, recently surpassed its ATH. Interestingly, Pepe coin reached an all-time high of $0.00001258, with its market capitalization reaching $5.3Bfor for the first time. 

However, Pepe coin has broken that record as it just recently reached another ATH, with its market cap surpassing a whopping $7B. Owing to its perpetual futures being launched on Coinbase in the past month, Pepe has grown by over 138% and is expected to keep elevating as one of the best cryptos to invest in.

Floki Ecosystem Can Potentially Takeover The GameFi Market This Year

Tied to the Ethereum ecosystem and the Binance Chain ecosystem, the Floki token has progressed tremendously, with a huge fan base rivalling the likes of Dogecoin, Pepe and Shiba Inu. Having come up with a GameFi approach to its Valhalla metaverse integration, Floki has further expanded its reach in the crypto market. 

Notably, the Floki ecosystem now incorporates such activities including an all-in-one tokenization platform dubbed TokenFi, an NFT marketplace known as Floki Place, learning tools, a DEX platform and staking pools, all of which can draw in more investment interest.

Meanwhile, the community behind Floki is 89% bullish and this might further increase when Coinbase supports $FLOKI perpetual futures on May 9th. As one of the best crypto to buy in the GameFi market, Floki’s network activity is bound to see an increasing influx as the year closes in. Floki token just recently reflected a 257% rise in trading volume, however, more influx should occur as Q3 approaches.

Ethereum Token Nears $4000, Showing Bullish Tendencies Before Q2 Elapses

After experiencing 8 Ethereum ETFs being approved a few days back, the price of Ethereum really did make a significant but positive move. As of May 20th, Etheruem’s price was sitting around $3000, however as the possibility of the ETFs increased, Ethereum began a pump to as high as $3700 the next day. While it consolidated afterwards, the approval of Ethereum ETFs has influenced the $ETH price as the token is nearing $4000.

Meanwhile, the positive sentiment around Ethereum’s price after the approval of its ETFs has resulted in a significant influx in Ethereum network activity as many investors from the altcoin market have. With a rising market cap above $473B, Ethereum is positioned among the top gainers this Q2.

What Is The Potential of KangaMoon Hitting $0.5 in Q3?

The potential of KangaMoon (KANG) meme coin reaching $0.5 this Q3 is not far-fetched. The token has grown by 400% to $0.025 in six presale stages and analysts are predicting over 1000% rise when it lists on BitMart and Uniswap, solidifying its high potential of reaching $0.5 this Q3.

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