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In recent cryptocurrency developments, approximately $500 million worth of Ethereum (ETH) has been moved to a wallet linked to Justin Sun, the founder of Tron. According to Lookomchain, a well-known crypto analyst, Sun made a withdrawal of 7,128 ETH, which amounts to almost $22.34 million, from the Binance exchange.
Amid all this, Cardano (ADA) continues to underscore its commitment to transparency, with the Cardano Foundation CEO Frederick Gregaard emphasizing the platform’s dedication to an inclusive governance model. KangaMoon (KANG), on the other hand, is fighting for a spot among the top crypto to buy, having recorded a successful presale sale by hitting over $5.9M in its last presale stage.
Summary
Justin Sun Linked Wallet Receives Almost $500M of Ethereum (ETH)
The Founder of TRON, Justin Sun, received approximately $500M worth of Ethereum (ETH). According to Lookonchain, a prominent crypto analyst, Sun withdrew 7,128 ETH, which is equivalent to $22.35M, from the Binance exchange. According to the analyst, Sun managed to purchase around 154,570 Ethereum coins, which are valued at $492.23M. The ETH coins were purchased at an average price of $3,177 on April 8, 2024.
Such a significant transfer of the Ethereum coin not only draws attention to his trading activities but also underscores the bullish sentiment that ETH holders maintain toward the crypto. Despite recent Ethereum price lackluster performance within the crypto market, where the price of Ethereum coin is currently trading at around the $3,100 mark according to CoinMarketCap, which is a 3.48% dip within the past day, whales like Sun seem to have restored holders’ confidence. This has also led to a positive price prediction for Ethereum, with many experts highlighting its long-term potential as the best crypto to buy.
Cardano (ADA) Lays Open Its Commitment to Transparency
Frederik Gregaard, the CEO of the Cardano Foundation, has emphasized the platform’s dedication to an inclusive and open governance model. Despite the price of Cardano coin having undergone a volatile market, its commitment to better ethical practices and community-driven governance will help solidify this unique crypto as a trustworthy and stable blockchain ecosystem.
However, despite the recent crypto bull market, only 35% of Cardano coin holders are in the green. Something that has left many traders wondering if this could be an opportunity or a warning sign. The price of Cardano has also dipped by 20% since the start of the year, having dropped by 6.42% within the last day. Trading at around $0.4171 and $0.4650, according to CoinMarketCap, analysts are still optimistic that the price prediction for Cardano will soon undergo a surge despite its recent dip, arguing investors to take advantage of the dip.
KangaMoon (KANG) Hits $5.8M In Presale
KangaMoon (KANG) is one of the best cryptos to invest in. This unique crypto seems to have taken the crypto market by storm. Having recorded an impressive presale, KangaMoon has managed to hit the $5.9M milestone, with anticipation of reaching its target of $6M by the end of April 2024.
This outstanding crypto, which is in its final presale stage, has been causing a buzz within the meme coin market as it aims to stand out as the best cryptocurrency to buy now. With a stage five presale price of just $0.0196, KangaMoon offers its early investors a 290% ROI. Soaring from an initial price of just $0.005, KangaMoon is certainly a top crypto coin for both prominent investors and beginners.
Moreover, KangaMoon boasts a unique ecosystem that will integrate both GameFi and SocialFi elements, creating a Kangaverse that will allow users to have an amazing experience taking part in different gaming challenges while earning rewards. Through its play-to-earn feature, users can easily access and engage in different activities. This includes building in-game characters, engaging in different battle contests, or even taking part in speculative betting.
With a growing community of more than 20,000 registered users and more than 6,000 token holders, KangaMoon holds a unique testament to its ambition of creating a vibrant and efficient ecosystem where users will thrive and earn, making it stand out among the top 5 cryptocurrency to invest in 2024.
Conclusion
KangaMoon is certainly the best crypto for beginners and prominent traders alike, owing to its high return potential compared to the likes of Ethereum and Cardano. However, to enjoy its high potential, ensure you make your investment now that the price is still low, as the KangaMoon price prediction is set to hit $0.5 before the year ends.
Discover the exciting opportunities of the KangaMoon Presale Today!
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