Crypto Trader Sets Timeline for Round Two of Crypto Bull Run – 3 Altcoins Whale Back for Massive Returns
Release: 2024/06/08 14:14 Reading: 884
Crypto Trader Predicts Second Leg of Bull Run, Here Are 3 Altcoins to Watch
Prominent crypto trader Immortal predicts a second leg in the ongoing cryptocurrency bull cycle, with a market-wide price upswing. He anticipates the Federal Reserve's rate cut as the catalyst for this rally.
Based on whale activity, the following three altcoins are poised for potential gains:
Dogecoin (DOGE)
Whales have been accumulating Dogecoin (DOGE) in recent weeks, suggesting bullish sentiment. The large-scale buying activity indicates DOGE is among the top altcoins for investment. Technical analysis predicts a significant price surge, with some analysts suggesting it could reach $1 within this bull cycle.
Arbitrum (ARB)
Whale activity around Arbitrum (ARB), a layer two network on Ethereum, has increased by 80%. As ARB crosses the $1.13 resistance level, whale transactions signal potential price gains. A breakout above $1.50 could drive ARB to a new all-time high.
KangaMoon (KANG)
KangaMoon (KANG) has attracted whale interest, raising over $8 million in its presale. The platform combines GameFi and SocialFi systems, offering gaming experiences and rewards for community engagement. BitMart, a major crypto exchange, is set to list KANG soon. Despite its current price of $0.025, analysts predict a significant surge, with price targets reaching $2.
Conclusion
Based on whale activity, Dogecoin, Arbitrum, and KangaMoon are compelling altcoins for investment ahead of the expected bull run rally. While all three altcoins are poised for price increases, KANG's innovative ecosystem and strong community support make it a standout investment opportunity.
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