As the crypto market enters Q4, many investors and traders are on the lookout for high-return altcoins. Out of the thousands of cryptocurrencies available, Shiba Inu (SHIB), Solana (SOL), and Kangamoon (KANG) stand out. Today, we will jump into each one to see why analysts believe they can provide the most substantial ROI.
Summary
- According to analysts projections, $0.00001078 can be reached by Shiba Inu
- Analysts project that Solana can rise to $29.22
- Kangamoon can spike by 35x in 2023
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Shiba Inu (SHIB) Will Increase After the Massive Momentum Gained by Shibarium
Shiba Inu (SHIB) is one of the largest meme coins in the industry and has recently made waves with the launch of the Shibarium Layer-2 network. Based on its most recent performance, Shibariumscan.io data suggests that 1.25 million wallets are connected to this network in the Shiba Inu ecosystem.
As a result, the appeal behind the Shiba Inu crypto has increased, and so will its value. During the past week, Shiba Inu saw its low point at $0.00000701, with its high point at $0.00000775. According to the Shiba Inu price prediction, however, the maximum point of value it can reach is $0.00001078.
Solana (SOL) Experiences Upswing in Value
The Solana (SOL) cryptocurrency is used to power its Layer-1 network and, as of recently, has seen an upswing in its value. There is uncertainty behind the broader market as the court presiding over FTX has permitted the exchange to start liquidating over $3.4 billion in assets. This can affect the Solana price in a significant way, as FTX holds $1.6 billion worth of SOL coins. This amounts to 16% of the total supply behind the Solana crypto.
The recent Solana price performance suggests that it needs to pass the $20 price barrier in order to reach new heights. Based on the Solana price prediction, however, analysts project that it will spike to a maximum point of $29.22.
Kangamoon (KANG) Trades at $0.005 but Can Surge 35x in 2023
Kangamoon is an upcoming project that not only caters to the meme coin crowd but also appeals to any gamers who want to monetize their time.
Specifically, anyone can engage in gameplay through kangaroos that are passionate about boxing. They can begin upgrading them with unique abilities and engage in the thrilling boxing game.
Moreover, Kangamoon players can complete quests and engage in competitions and different fights in order to win virtual currency and rare items. However, any of the rare items they get they can also sell in the dedicated marketplace.
Consequently, the project is focused on building a strong community and establishing a new standard for P2E projects, as it will have 0% buy and sales tax. During the early stages, the KANG token trades at just $0.005. Based on analyst projections, It can surge by 35x in 2023.
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Source: https://www.analyticsinsight.net/shiba-inu-solana-kangamoon-why-these-three-cryptos-can-provide-substantial-roi/