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Cardano hits a new milestone as whales show great interest in KangaMoon and Uniswap.
Cardano continues to rise in the cryptocurrency and blockchain industry, reaching over 10 million native ADA tokens. Next in news, whales embarked on a new buying spree.
After the approval of ETFs by the US Securities and Exchange Commission, whales have accumulated a lot of ERC20 coins such as Uniswap and KangaMoon. Interest in building whales may increase significantly in the near future.
KangaMoon: Whales show interest in Ethereum-based currency
Kanga Moon (Kang) It is one of the ERC20 coins that attracted the attention of whales due to its utility and gaming platform. KANG is the native currency and in-game currency for the upcoming Play-to-Earn (P2E) game called KangaMoon. The game opens up scope for players to play interesting games and win incentives such as game assets and free KANG coins.
These games will be weekly, monthly and quarterly and this means that players will have more opportunities to earn money. On the bright side, players can sell their gaming items on the KangaMoon market for real money, making this a promising cryptocurrency project to invest in.
Moreover, KANG holders will also be allowed to join the Social-Fi model in front of the general public even before the model is released. Here, KangaMoon motivates active users to be active and also encourages the use of the platform. When you decide to buy KangaMoon and share it on social media platforms, you have a chance to get free KANG coins and even real cash.
KANG is currently on reward pre-sale and is priced at $0.025. Experts believe that there will be a 1000% surge in price when KangaMoon gets listed on prominent tier-1 CEX exchanges like BitMart. KANG recently joined the list of cryptocurrencies listed on both CoinMarketCap and CoinGecko. This could be a promising time to invest in pre-selling before KANG is listed on the stock exchange.
Cardano exceeds 10 million native tokens
The Cardano (ADA) network has surpassed 10 million native tokens. According to IOG's weekly report information, there are 10 million native tokens out of 120,576 token policies, and the number of network transactions is 90.8 million. At present the number of Plautus's manuscripts stands at 46,698.
This achievement indicates that Cardano is gaining more popularity in the blockchain and cryptocurrency industry. In the coming months, the Cardano network is set to see further growth and expansion, with the Chang Network upgrade imminent. Javon Marks She sees ADA as a good cryptocurrency to buy now, with a potential rise from $0.460 to $3 before the end of the year.
Whales are aggressively moving towards Uniswap, anticipating a rise to $15
The SEC's approval of ETFs has sparked a lot of activity from large portfolio investors or whales who have snapped up several Ethereum-based altcoins like Uniswap (UNI). On-chain analyst Loconchine He said it was reported that whales purchased 214,465 Uniswap tokens worth $1.97 million.
This massive buying activity comes from increased confidence among major investors as they view UNI as a good cryptocurrency to buy. Investing in altcoins like Uniswap coin may attract huge whales that may push the price of the token to $15 in the coming weeks.
Conclusion
Currently, KangaMoon stands out as one of the promising opportunities for investing in cryptocurrencies. Right now, whales are pumping a lot of money into KangaMoon and Uniswap coins, due to their bullish outlook. While UNI may rise by 50%, analysts have predicted that KANG will rise by 1,000% in 2024.
To learn more, visit Kangamon website Or join them Telegram community.
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