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Recent data released by on-chain analytic firms indicates that Ethereum (ETH) holders have been scooping massive amounts of this leading crypto. The massive accumulation spree was due to the highly anticipated bull market run for the crypto. In the meantime, crypto analyst Mikybull Crypto has predicted a potential Dogecoin (DOGE) bull run, as KangaMoon (KANG), a unique altcoin, recorded an impressive over $5 million during the last presale stage.
Summary
Mikybull Crypto Analysis Indicates a Dogecoin Bull Run
Dogecoin (DOGE) is a popular altcoin that has been making significant gains in March. The price of Dogecoin surged by more than 90% to reach the $0.20 level. However, despite Dogecoin’s impressive stand last month within the altcoin market, Mikybull Crypto, in his recent Dogecoin analysis, said that the real bull run for DOGE is about to kick off.
Based on the expert’s analysis, the price prediction for Dogecoin is aiming at the $0.30 mark. If Dogecoin manages to break past this level, then it might extend its gains even past the next few coming weeks. Other analysts seem to be backing this sentiment, highlighting the possibility of the Dogecoin price breaking above the $1.00 mark within this bull cycle.
Ethereum (ETH) Whales Set on An Accumulation Spree
Contrary to Dogecoin, Ethereum (ETH) has had quite a rough month, with the Ethereum price dropping by at least 13% in March. As per LookOnChain records, several of the top Ethereum coin holders took advantage and increased their ETH portfolios as the prices dropped.
According to LookOnChain, a wallet reportedly owned by Matrixport managed to move over 22,250 Ethereum tokens, currently worth around $80M, off Binance. A similar wallet also withdrew at least 3,092 ETH worth $11.12M from the same exchange. Such a huge purchase is a clear indication that the price prediction for Ethereum might be anticipating a huge rally.
KangaMoon (KANG) Nears $5M
KangaMoon (KANG) is standing out as a unique altcoin to invest in 2024. With a sensational presale that has managed to lure lots of investors with a unique approach and those who believed in early received gains of up to 290%, KangaMoon continues to hit new milestones, surpassing the $5 million during the presale, nearing the $5.5 million mark by next week. On the other hand, KangaMoon is set to achieve the $7 million milestone by the end of April.
Lots of investors have been investing in KangaMoon due to its upcoming P2E game, which is set to be launched. In the game, players will have the chance to utilize KANG tokens as the primary in-game currency. The platform also plans to realize different regular challenges for KANG holders to participate in and get rewarded with extra tokens as well as different in-game assets.
With a community-driven approach, KangaMoon has managed to attract over 20,000 registered members within the platform. KangaMoon also rewards its most active members with free KANG tokens by just commenting, sharing and retweeting KangaMoon’s social media posts.
The current price of the kang tokens stand at just $0.196 in its stage five presale. This is such a significant price compared to its original price of just $0.005. With such success, KangaMoon boasts over 5,800 token holders, positioning itself as the best new coin in 2024.
Conclusion
The recent purchasing spree for Ethereum indicates a positive sign, as the whale accumulations normally precede a market rally. Moreover, Dogecoin and KangaMoon stand out as the best altcoins to invest in.
Discover the Exciting Opportunities of the KangaMoon (KANG) Presale Today!
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