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Cardano achieves a new milestone as whales show strong interest in KangaMoon and Uniswap.
Cardano continues its strong rise in the cryptocurrency and blockchain industry, reaching over 10 million ADA native tokens. In the next news, whales have started a new buying spree.
Since the US SEC approved the Ethereum ETF, whales have been accumulating many ERC20 coins, including Uniswap and KangaMoon. Interest in whale construction may lead to a significant increase in the near future.
KangaMoon: Whales are interested in Ethereum-based coins
KangaMoon (KANG) is one of the ERC20 coins that has attracted the attention of whales due to its utility and gaming platform. KANG is the native token and in-game currency of the upcoming Play-to-Earn (P2E) game called KangaMoon. The game opens up a metaverse where players can play exciting games and earn incentives such as game assets and free KANG coins.
The game is played on a weekly, monthly, and quarterly basis, which means players have more opportunities to win money. On the positive side, the fact that players can sell their in-game items for real money on the KangaMoon marketplace makes it a promising cryptocurrency project to invest in.
Additionally, KANG holders can participate in the Social-Fi model before the general public, even before the model is released. Here, KangaMoon encourages active users and encourages them to use the platform. If you decide to purchase KangaMoon and share it on social media platforms, you will receive free KANG coins and even real money.
KANG is currently in the bonus pre-sale phase and is priced at only $0.025. Experts believe that if KangaMoon is listed on a prominent Tier-1 CEX like BitMart, its price will skyrocket by 1000%. KANG recently joined the list of cryptocurrencies listed on CoinMarketCap and CoinGecko. This could be a promising time to invest in the pre-sale of KANG before it is listed on the exchange.
Cardano surpasses 10 million native tokens.
The number of native tokens on the Cardano (ADA) network has surpassed 10 million. According to IOG weekly report information, out of 120,576 token policies, 10 million are native tokens, and the number of network transactions is 90.8 million. There are currently 46,698 Plutus scripts.
These achievements suggest that Cardano is gaining more popularity in the blockchain and cryptocurrency industry. In the coming months, the Cardano network will grow and expand further through the Chang Network upgrade. Javon Marks sees ADA as a good cryptocurrency to buy now, with the potential to rise from $0.460 to $3 before the end of the year.
Whales are moving hard on Uniswap and are expected to rise to $15.
The SEC’s approval of the Ethereum ETF has led to a lot of activity from whales or large wallet investors who have acquired several Ethereum-based altcoins, such as Uniswap (UNI). On-chain analyst Lookonchain said whales were reported to have purchased 214,465 Uniswap tokens worth $1.97 million.
This massive buying activity stems from growing confidence among large investors who see UNI as a good cryptocurrency to buy. Investments in altcoins like Uniswap coin could attract large whales that could push the price of the token to $15 in the coming weeks.
conclusion
Currently, KangaMoon is attracting attention as one of the promising cryptocurrency investment opportunities. Currently, whales are investing a lot of money in KangaMoon and Uniswap coins due to their optimistic outlook. While UNI could grow by 50%, analysts have predicted that KANG will grow by 1000% in 2024.
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