In the wake of the market bullishness that has seen many tokens establish themselves, big whales are beginning to make movements that may soon translate into profit. For example, a crypto whale was seen depositing a whopping 365 billion Pepe to profit as the momentum went higher.
Meanwhile, KangaMoon and Optimism are currently enjoying incredible upswings, making them the two top crypto coins investors are massively accumulating.
With Pepe and Optimism seeing whale action, KangaMoon has continued with its upward trajectory, moving closer to a record $8 million in presale. KangaMoon boasts a community-driven project, reflecting a decentralized ecosystem where users come together for an immersive gaming experience.
By engaging in gaming competitions consistently and also performing basic social tasks, users can earn big from about 250 million tokens that are reserved as in-game benefits. This highly rated feature has seen more investors entering into the project. The platform boasts more than 32,000 community participants and active holders of 10,000.
Notably, the platform has also given a massive ROI to holders to become one of the best crypto investments. As of the last count, KANG has moved up by 400% as the token gets more visibility with its listing on CoinMarketCap and Coingecko. While the project is now closer to launch, there is still ample time to earn big from KANG which is currently worth $0.025.
After purchase, traders can stake their assets, giving them chances to earn additional rewards. As the presale winds down, Bitmart is the first exchange that is set to list the token, making it one of the best crypto to buy for profit. As more exchanges list the token, the price is expected to grow more, potentially earning investors up to 1000% return on investment.
As Pepe continued its massive pumping in recent weeks, some giant whales are beginning to leverage the massive action. The Pepe coin moved by 60% in the past month with the whale depositing a whopping 365 billion to the Binance exchange according to data from Lookonchain.
This same whale is famous for turning $494k into $5.3 million within six months in the past. With Pepe's market cap moving beyond $6 billion, the whale may have seen a good position to capitalize on. Even though Pepe dumped over the past week, the bullish market aura could take Pepe's price to a new height.
Optimism is one of the leading Ethereum layer 2 networks, solving several inadequacies of the main network. The Optimism token holds about a 60% increase across its one-year price chart. Even though the Optimism network falls behind Base and Arbitrum in Total Value Locked, the token is moving faster than ever to the $2.5 price point.
Zooming in, Optimism's market outlook is neutral with both the bulls and the bears sharing the market metrics. While the Optimism market cap is bearish above $2 billion, the token is trading above the 200-day exponential moving average (EMA). A good show from the bulls in the coming weeks could take the Optimism price to $3.
The resurgence of the market as seen from the whale’s actions is an indication that the bulls are back. While personal research is sacrosanct, adhering to the prediction of seasoned analysts could also pave the way for a monumental profit. As a result, these tokens are on the watchlist of cryptos that can give a big return in the year.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.