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As the Bitcoin halving event approaches, crypto whales are making strategic moves to accumulate promising assets. Right now, they've got their eyes on KangaMoon (KANG), Toncoin (TON) and Tron (TRX). While TON and TRX are among the top crypto coins, KANG is a rookie currently in Stage 5 of its presale, which analysts suggest could rise by 100x in 2024.
Crypto whales are gravitating to KangaMoon (KANG) the most. This innovative crypto has been making waves with its ongoing presale. It has provided early buyers with a 290% ROI while already raising $4,732,448.335. Specific projections even point to raising $6M before April 2024 ends. Because of this impact, whales are beginning to hoard KANG before Bitcoin's halving event.
A Play-to-Earn (P2E) game release is the next step for KangaMoon and the hype is growing. In this game, KANG will serve as the primary in-game currency. In other words, players will use KANG to upgrade their characters or buy in-game items. Not only that, KangaMoon will give KANG holders exclusive access to weekly/monthly/quarterly challenges for extra tokens.
But what sets KangaMoon apart is its focus on giving back to the community. Currently, there are 20,000 registered community members and KangaMoon is giving the most active ones free KANG before its official launch. As a result, many users are starting to like/share/comment on KangaMoon's social media posts.
KANG is now in Stage 5 of its presale and costs just $0.0196 – a 290% rise from its starting price. However, experts forecast a 100x rise for this crypto once a Tier-1 CEX lists it in Q2 of 2024. Given its connections to the P2E gaming market, which may reach $885M by 2028, this price prediction looks pretty plausible. Thus, whales view KANG as the best coin to invest in.
Next up, crypto whales are stockpiling Toncoin (TON) before the Bitcoin halving event occurs. Toncoin is one the biggest gainers among the top crypto coins. Over the past week alone, the Toncoin price skyrocketed from $3.65 to $7.49 – a 50% rise. In that time, its market cap also rose from $12.53B to $25.99B.
From a technical analysis standpoint, this bullish trend may continue for the Toncoin crypto. To clarify, Toncoin is now trading above its 50 and 100-day EMAs. Not only that, there are 27 technical indicators in the buy zone for TON. Because of this, prominent market analysts have made a bullish Toncoin price prediction – reaching $3.40 before Q2 of 2024 ends.
Lastly, Tron (TRX) is a good crypto to buy, according to whales. They are stockpiling this crypto because its value has been rising recently. CoinMarketCap data shows that the Tron price rose from $0.11 to $0.12 in the last week alone. During that period, this crypto's market cap also surged from $10.31B to $10.53B.
The technical analysis of the Tron crypto also shows a bullish rally ahead. Notably, 19 technical indicators are in the green for Tron while it trades above its 100—and 200-day EMAs. As a result, experts in the crypto field predict TRX will soar to $0.18 within Q2 of 2024. This price prediction makes Tron one of the best coins to invest in before Bitcoin's halving event.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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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.
