One way to make gains in the crypto space is to jump on crypto projects before they begin a price rally. Unfortunately, several investors do not know which token to go for. Luckily, market experts have picked Vechain, Stellar, and Kangamoon as tokens that can increase 10x by December.
Vechain (VET) Records 8% Price Gain on the Monthly Chart
VeChain (VET) is a BaaS (Blockchain as a Service) platform that helps companies use blockchain technology. It began in 2018 and uses two tokens, VET and VTHO, on its VeChain network. It has partnered with several top companies including Walmart China, BMW, PwC, Boston Consultant Group (BCG), LVMH, World of V, UFC, and Ningbo Port.
However, in 2023, VET did not perform. The Vechain coin started strong, reaching over $0.03 in February. Unfortunately, the price of VeChain then dropped to $0.01442 on June 16th after the US SEC's lawsuit against Coinbase and Binance.
VeChain has seen huge growth over the past month standing at $0.01744640 on September 20th. The token is up by 8.4% over the last 30 days and by 11.8% in the 14-day chart. Changelly predicts that VET will continue to rise, reaching $0.019 in December 2023.
Stellar (XLM) Releases Testnet Upgrade of Protocol 20
Stellar is a blockchain platform that aims to make fast and cheap international transactions using its own currency, XLM. On September 20th, the Stellar network carried out an update to its testnet called Protocol 20. This update paves the way for the eventual activation of the Soroban smart contracts platform on the mainnet.
In the meantime, the price of Stellar has been stable and has performed well over the last three months. Notably, the Stellar coin went up from $0.08 in June and more than doubled, reaching $0.18 in late July. However, the coin has since retraced, dropping by approximately 40%.
Since September 11, XLM has been on a downward trend, hitting a low of $0.115 on September 17. As of September 20th, Stellar is trading at $0.117621 with no response to the latest upgrade. Still, analysts are optimistic about the token and see it reaching $0.123707 in December.
Kangamoon (KANG): Experts Forecast 22x Price Surge
Apart from Vechain and Stellar, Kangamoon is another token that experts are bullish on by December. Kangamoon is a crypto project that wants to transform the Play-to-Earn gaming sector. Unlike other meme coins such as Pepe, Dogecoin, and Shiba Inu, Kangamoon has great utility.
As a result, Kangamoon is a better meme coin and also doubles as a gaming token. Gamers can join the platform and earn rewards while playing games. According to Markets and Markets, the Play-to-Earn NFT gaming industry will be worth about $8.85 billion by 2028.
Kangamoon wants to expand its ecosystem and attract more users to its platform. Also, Kangamoon aims to bring gamers and meme coin fans together on one platform. Experts believe the P2E sector will help Kangamoon to become a major giant in the meme coin and gaming sector.
Gamers can collect in-game assets and digital assets by taking part in contests, events, and quests. Afterwards, the players can sell these assets Kangamoon's marketplace. Currently, Kangamoon is in the first phase of its presale, and the coins cost $0.005 each. Experts forecast that Kangamoon will go up by 22x in the coming month.
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