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As buyers seek for alternatives in 2024, analysts are bullish on Injective (INJ), Mirror Protocol (MIR), and KangaMoon (KANG).
Injective bulls goal new highs
Injective rallied in 2023, including over 2,000% earlier than peaking at $39.88 on Dec. 19.
In January, costs broke greater, rising to $45.19. The uptrend momentum has since fizzled.
INJ is fluctuating between $32.19 and $38.85 in February, dropping prior to now week and month.
Some analysts predict that INJ will attain a brand new all-time excessive of $50 by the top of 2024.
Mirror Protocol struggling
Mirror Protocol has been bearish prior to now month, fluctuating between $0.01797 and $0.05143.
Analysts are nonetheless bullish, pointing to the SMAs and Concern & Greed Index are main indicators.
The Concern & Greed Index for Mirror Protocol is at the moment at 60 (Greed), whereas the token is buying and selling between the 50-Day SMA ($0.056020) and 200-Day SMA ($0.062152).
Analysts predict MIR to retest $0.061362 within the coming weeks.
KangaMoon bulls assured
KangaMoon is a meme coin attempting to construct a group of customers who take pleasure in gaming and socializing on-line.
KANG, the native token, is used to purchase issues within the recreation and improve characters. Holders can even take part in challenges to earn extra tokens.
Within the ongoing presale, KANG trades for $0.005. Even so, analysts anticipate KANG costs to rise, using the enlargement within the gaming trade.
Conclusion
INJ, MIR, and KANG, supporters declare, are price contemplating in 2024. KangaMoon, being a meme coin constructing a vibrant and equitable group, buyers declare, could outperform the remainder.
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