Ethereum

Litecoin

Arthur

ETF COIN

<img src="https://cdn.thebittimes.com/images/2024/05/31/1717170270.webp" width="800" height="457" alt="">
Recently, DeFiance Capital’s founder Arthur Cheong posted his prediction for Ethereum before the spot ETF trading on his X page. Amid his prediction for Ethereum to hit $4,500, other altcoins including Ripple, Litecoin, Chainlink and the promising meme coin KangaMoon are rallying. Let us find out more.&nbsp;
<h2 dir="ltr" id="span-kangamoon-is-one-of-the-span-span-best-new-meme-coins-span">KangaMoon Is One Of The Best New Meme Coins</h2>
In the meme coin market right now, KangaMoon (<a href="https://kangamoon.com/" target="_blank" rel="noopener noreferrer nofollow">KANG</a>) is starting to gain popularity. The ongoing presale has raised over $7.4 million in revenue, and projections show that it will top $8 million in the next two weeks. In addition, KangaMoon has gained recognition by building a substantial community with more than 32,000 registered users.
Traders around the world are excited about KangaMoon as it aims to take the lead in the Play-to-Earn (P2E) gaming industry. It will launch a P2E game to accomplish this, where you can take part in in-game activities to win KANG. Having the KANG token is also necessary since it allows you to participate in weekly, monthly, and quarterly challenges that grant you access to extra rewards and in-game items.
It's interesting to note that KangaMoon is giving away free KANG tokens to its most active community members before its official launch. To spread the word about it and win this promising meme coin, traders are flooding KangaMoon's social media channels. During this project's Bonus Stage presale, KANG is now only $0.025—400% more expensive than it was at the start of the presale.
A tier-1 CEX called BitMart recently announced that KangaMoon will shortly list on the exchange. Because of this and how it relates to the P2E gaming market, analysts are still upbeat. It's interesting to note that KangaMoon is already listed on CoinMarketCap and CoinGecko. Analysts project that KANG will increase to $0.5 in the second quarter of 2024, solidifying its place as one of the best new meme coins.
<h2 dir="ltr" id="span-ethereum-price-span-span-predicted-to-hit-4-500-before-spot-etf-trading-goes-live-span">Ethereum Price Predicted To Hit $4,500 Before Spot ETF Trading Goes Live</h2>
In a post published on May 26 on X, DeFiance Capital's founder Arthur Cheong hinted that the Ethereum price might even <a href="https://x.com/Arthur_0x/status/1794746610175615428?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">reach $4,500</a> before the official launch of spot ETFs. Rekt Capital, a cryptocurrency analyst, adds that Ethereum (ETH) might surpass $4,000 if it closes the week above $3,956. In the past, Bitcoin's price chart followed a similar pattern, rising over 70% to all-time highs in just two months after its ETF approvals.&nbsp;
Ethereum may hit new highs of approximately $6,000 by the end of July if this trend continues. Meanwhile, the Ethereum market cap has also increased moderately. Having risen by about 2.6%, the Ethereum market cap currency stands at $469.09 billion.
<h2 dir="ltr" id="span-ripple-price-prediction-span">Ripple Price Prediction</h2>
Recent Ripple price prediction for the Ripple coin has it that the altcoin will increase by 20.65% by June 26, 2024, to reach $0.64. However, technical indicators indicate that the current mood is bearish. During the previous 30 days, the Ripple coin had <a href="https://coincodex.com/crypto/ripple/price-prediction/" target="_blank" rel="noopener noreferrer nofollow">15/30 (or 50%) green days</a> and 2.26% price volatility. Based on Ripple's past price fluctuations and BTC halving cycles, $0.335 is projected to be the yearly low price of Ripple in 2025.&nbsp;
It is anticipated that Ripple will trade for as much as $1.66 in the upcoming year. As of right now, the Ripple price prediction for 2025 ranges from $1.66 on the high end to $0.335 on the lower end. If Ripple hits the higher price target, it could increase in value by 213.46% from its current price by 2025.
<h2 dir="ltr" id="span-the-span-span-litecoin-price-span-span-faces-challenges-amid-weekly-rise-span">The Litecoin Price Faces Challenges Amid Weekly Rise</h2>
The market performance of Litecoin (LTC) has been dreadful lately. With its value sharply declining, the cryptocurrency has struggled to maintain momentum. Many investors are holding onto Litecoin despite the current downtrend because they believe there will soon be a rebound. As this is going on, there doesn't seem to be as much of a shift in market enthusiasm for Litecoin overall as evident on the Litecoin price chart.&nbsp;
As the altcoin gets ready for a difficult time ahead, the Litecoin price has resistance levels set <a href="https://www.tradingview.com/symbols/LTCUSDT/" target="_blank" rel="noopener noreferrer nofollow">between $86 and $90</a> and support levels between $77 and $78. Meanwhile, the Litecoin price chart reveals a moderate 1.23% rise for the token over the past 7 days.
<h2 dir="ltr" id="span-chainlink-price-chart-span-span-analysis-span">Chainlink Price Chart Analysis</h2>
A descending trend line that had previously stopped Chainlink's price action for about two months was successfully broken on May 16 as evident on the Chainlink price chart. Since its inception in early to mid-March, this trend line has served as a barrier to any bullish momentum. Meanwhile, the Chainlink price trajectory changed after this crucial breakout as it started to rise toward higher price levels.&nbsp;
Notably, the Chainlink price rebounded to the <a href="https://www.tradingview.com/symbols/LINKUSDT/" target="_blank" rel="noopener noreferrer nofollow">0.5 Fibonacci retracement level</a>, which is derived from the early March local high to the mid-April significant low. This level, which is currently at about $17.41, has grown to be an important focus point for analysts and traders alike.
<h2 dir="ltr" id="span-is-kang-able-to-beat-other-span-span-top-memecoins-span-span-span">Is KANG Able to Beat Other Top Memecoins?</h2>
Since KangaMoon has a much smaller market capitalization, it can raise its price with less cash inflow. Due to this feature, KANG may perform better in terms of percentage price growth than other memecoins, even as analysts anticipate an exponential increase in value following the coin's listing in Q2 of 2024, placing KANG among the most promising coins in the meme coin market.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
Website: <a href="https://kangamoon.com/" target="_blank" rel="noopener noreferrer nofollow">https://Kangamoon.com/</a>
Join Our Telegram Community: <a href="https://t.me/kangamoonofficial" target="_blank" rel="noopener noreferrer nofollow">https://t.me/Kangamoonofficial</a>
Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/arthur-predicts-ethereum-to-hit-new-ath-before-etf-approval-buy-these-altcoins-to-prepare-for-rally-tbt90747.html">https://thebittimes.com/arthur-predicts-ethereum-to-hit-new-ath-before-etf-approval-buy-these-altcoins-to-prepare-for-rally-tbt90747.html</a>

Arthur Predicts Ethereum To Hit New ATH Before ETF Approval - Buy These Altcoins To Prepare For Rally

Table of Contents

TheBitTimes

Other articles published on Jun 1, 2024

Shiba Inu: Over 800,000 SHIB holders are at a loss – Are you one?

Crypto community divided as Biden vetoes repeal of SEC’s SAB 121

Crypto: Changpeng Zhao from Binance imprisoned for 4 months in Lompoc

XRP Reversal Could Be Closer Than You Think, Crucial Solana (SOL) Support Level Is Here, Ethereum...

Uniswap Foundation Postpones Vote on Incentives, Faces Backlash

JasmyCoin Hits New Heights with 131.5% Monthly Gain

Join our free newsletter for daily crypto updates!