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The cryptocurrency market can be overwhelming. Thousands of new projects are released yearly, each offering a new concept and idea. Instead of getting overwhelmed, investors can rely on beginner-friendly cryptocurrencies.
Three such projects include Ethereum, Solana, and KangaMoon. All three options have seen significant gains over the last month, and KangaMoon recently hit an all-time high.
Crypto Bulls Double Down On Solana
Solana has soared over the last year, offering returns of over 500%. In 2024, the altcoin has continued this growth. It remained above $100 and recently pushed through two resistance levels to pass $130.
Though its growth slowed over the last week, crypto bulls are doubling down on Solana. Over the last 24 hours, Solana’s daily trading volume increased by 99% to $9.4 billion. This significant increase has allowed Solana to stay above $130, and SOL is now trading at $130.78.
According to experts, Solana could increase to $150 if Bitcoin’s bullish performance continues. However, experts predict Solana will decrease to $120 if Bitcoin declines.
Can Ethereum Pass $4,000?
Ethereum has also seen significant growth over the last month. The price of ETH has increased by 65.8%, and Ethereum’s daily trading volume is up by 53% in the last 24 hours. Presently, Ethereum has a daily trading volume of $49 billion, suggesting that investors are extremely bullish about Ethereum’s growth.
The price of ETH has increased by 15% in the last week and 3.43% in the last day. Ethereum is now trading at $3,823.45, and experts believe it could surpass $4,000 by the end of March. That said, with market growth slowing, Ethereum could face potential declines.
KangaMoon’s (KANG) Third Presale Round Surges
For investors looking for a more budget-friendly opportunity, KangaMoon is the perfect option. This exciting new altcoin has already experienced two price increases during its presale, and has raised over $670k. According to experts, KangaMoon’s token,
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Author: Crypto Daily