Cardano and Hedera may see gains, new altcoin rockets
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Cardano (ADA) and Hedera (HBAR) are resilient with analysts expecting more gains in Q1 2024. On the other hand, KangaMoon (KANG) is drawing investor attention and meme coin enthusiasts after adding 50%.
Cardano recovers
Cardano is on a cusp of doubling, adding nearly 75% so far.
In mid February, ADA fell before rising.
The token is now in a tight range, adding 7% in the past week, and 27% in the last month.
Analysts expect ADA to post sharp gains in Q1 2024.
KangaMoon adds 50%
KangaMoon fuses SocialFi, GameFi, and blockchain innovations through a game-focused approach.
The project specifically presents users with an ecosystem, inviting them to engage in various battle activities and contests.
In the current presale stage, KANG is available for $0.0075, up by 50% from an initial offering price of $0.005.
To incentivize participation, the project offers a 10% bonus for presale investors.
Over $254,000 has been raised in stage 2 of the presale, up from the $200,000 it received in stage 1.
KANG prices might rally once it lists on tier-1 exchanges.
Hedera takes off
HBAR prices are firm above $0.1160, adding 54.61% and 10.63% in the past month and week, respectively.
The immediate resistance is $0.1192. However, with traders upbeat, this liquidation level will likely be taken out.
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