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CryptoRankNewsWhales Divin...

Whales Diving Into Red Market Searching For-Profits, Which Crypto Are They Buying? 


Jan, 25, 2024
5 min read
by Coinpedia
crypto-red-market

The post Whales Diving Into Red Market Searching For-Profits, Which Crypto Are They Buying?  appeared first on Coinpedia Fintech News

In the current crypto market, crypto whales are actively seeking bargains, particularly in the wake of Bitcoin’s price drop following the U.S. spot ETFs debut. Bitcoin’s value fell nearly 19% to $39,770, prompting these large-scale investors to focus on purchases through Bitfinex, where Bitcoin traded at significant premiums. This trend is marked by the use of TWAP (trade-weighted average price) buying strategies to minimize slippage. Despite market pressures from the FTX bankruptcy and Grayscale Bitcoin Trust (GBTC) outflows, there’s a surge in bullish leveraged bets on Bitfinex. 

Analyzing the latest moves of the smartest, biggest whales in the space provides significant insight into their motivations and decisions and outlines a roadmap for savvy traders to follow. Below, we talk about the most promising and best-performing projects to take advantage of.

ScapesMania: A Newcomer to the Crypto Scene

ScapesMania reaches new heights in the crypto universe, so make the most of the early bird discount before it’s too late. The project is on track to finish its impressive funding campaign in February, which will allow it to begin listing on popular exchange platforms right away. Post-listing, the token has all the potential to shoot to the moon.

scapesmania

What are the catalysts fueling the anticipated growth? First, it’s a robust post-listing marketing strategy from a seasoned team with extensive expertise. Next, holding ScapesMania tokens isn’t just a passive activity; holders can enjoy a suite of benefits including token buyback, burn, and staking.

Furthermore, the token’s utility lasts beyond passing fads. Unlike meme coins reliant on short-lived hype, ScapesMania is built with enduring value and practical application in mind.

As the presale is drawing to a close, you need to act fast and grab your discounted tokens now! The countdown has begun – don’t let this chance pass you by.

Presale Opportunities

ScapesMania could be an appealing opportunity for early adopters. This groundbreaking project has raised $4,800,000+ solely from the crowd/retail sector. ScapesMania is gaining traction on popular crypto media platforms and receiving endorsements from recognized crypto influencers.

Post-listing, today’s backers could be looking at potentially sizable gains, meaning that ScapesMania could outperform all major asset classes and beyond. S&P 500, gold, bonds, and even the cryptocurrency market as a whole are not expected to reach such returns in 2024.

Furthermore, joining ScapesMania now unlocks a treasure trove of bonuses, totaling up to +102%, along with exclusive opportunities like token buyback & burn and staking. As ScapesMania continues to evolve, there is a potential for the project’s returns to even surpass expectations. 

Key Highlights of ScapesMania

ScapesMania is not a regular crypto asset; it’s a vibrant gaming ecosystem that caters to the interests of both casual players and crypto-savvy audiences. As a gamer, there’s no need to deal with the complexities of crypto to enjoy captivating gameplay. On the flip side, token holders can reap the rewards of the ecosystem’s performance and shape its future without playing.

The above-mentioned upsides have already attracted crypto whales with deposits of $20,000+ to opt for ScapesMania, and it could be compelling enough for you too.

Time Waits for No One: Act Now!

By chipping in now, you’re positioning yourself for immediate possible gains as the project enters the next phase – listing. Understand: this pricing will never be available again. The same way a combined bonus boost won’t be available again as the referral, vesting, and promo code prizes expire post-listing.

Secure higher gains by grabbing a sizable bonus of 10% on ScapesMania! Use code EYX266 at checkout in a special textbox for an even better deal on a cryptocurrency that could make you the envy of the entire crypto community. Act fast – the offer is valid for a limited time only.

Cardano (ADA): A Potential Rally on the Horizon

Cardano (ADA) is currently in a consolidation phase, reminiscent of its behavior in late 2020. This pattern suggests that Cardano (ADA) might soon resume an upward trend, potentially around April.  The current market behavior of Cardano (ADA) indicates a potential for an upswing toward $0.80, followed by a brief correction. This movement is based on the historical patterns observed in Cardano (ADA) trading behavior.

Immutable X (IMX): Gaining Ground in the Gaming Sector

Immutable X (IMX) is an Ethereum scaling network designed for gaming applications. It has gained traction in the gaming industry, with several games adopting its technology for faster and cheaper on-chain interactions. The adoption of Immutable X (IMX) by various games and its integration into mainstream gaming marketplaces like the Epic Games Store has positively influenced its market presence. This increased adoption could lead to a rise in Immutable X (IMX) value.

Hashflow (HFT): Innovating with Cross-Chain Trading

Hashflow (HFT) has launched version 2.0, adding support for Solana and DEX aggregation. This integration makes Hashflow 2.0 the first DEX to offer cross-chain trading between Ethereum and Solana. The introduction of Hashflow 2.0 and its unique cross-chain trading capabilities could attract more users and liquidity to the platform, potentially impacting Hashflow (HFT) market value positively.

Blur (BLUR): Leading the NFT Market Resurgence

Blur (BLUR) is a pro-focused NFT marketplace that has recently unlocked nearly 50 million tokens. This move has spiked the asset’s price and positioned Blur (BLUR) as a leader in the NFT resurgence. The recent token unlock and Blur’s significant share in the NFT trading volume have contributed to an increase in Blur (BLUR) price. The marketplace’s focus on professional content creators and its growing market share are key factors in its current price situation.

Conclusion

In the current crypto market, characterized by a red market, crypto whales are strategically diving in, searching for profitable opportunities. ScapesMania, the innovative gaming system, seems to be their pick of the season. A closer examination of the project does reveal the potential to reach unprecedented heights.

Read the article at Coinpedia
CryptoRankNewsWhales Divin...

Whales Diving Into Red Market Searching For-Profits, Which Crypto Are They Buying? 


Jan, 25, 2024
5 min read
by Coinpedia
crypto-red-market

The post Whales Diving Into Red Market Searching For-Profits, Which Crypto Are They Buying?  appeared first on Coinpedia Fintech News

In the current crypto market, crypto whales are actively seeking bargains, particularly in the wake of Bitcoin’s price drop following the U.S. spot ETFs debut. Bitcoin’s value fell nearly 19% to $39,770, prompting these large-scale investors to focus on purchases through Bitfinex, where Bitcoin traded at significant premiums. This trend is marked by the use of TWAP (trade-weighted average price) buying strategies to minimize slippage. Despite market pressures from the FTX bankruptcy and Grayscale Bitcoin Trust (GBTC) outflows, there’s a surge in bullish leveraged bets on Bitfinex. 

Analyzing the latest moves of the smartest, biggest whales in the space provides significant insight into their motivations and decisions and outlines a roadmap for savvy traders to follow. Below, we talk about the most promising and best-performing projects to take advantage of.

ScapesMania: A Newcomer to the Crypto Scene

ScapesMania reaches new heights in the crypto universe, so make the most of the early bird discount before it’s too late. The project is on track to finish its impressive funding campaign in February, which will allow it to begin listing on popular exchange platforms right away. Post-listing, the token has all the potential to shoot to the moon.

scapesmania

What are the catalysts fueling the anticipated growth? First, it’s a robust post-listing marketing strategy from a seasoned team with extensive expertise. Next, holding ScapesMania tokens isn’t just a passive activity; holders can enjoy a suite of benefits including token buyback, burn, and staking.

Furthermore, the token’s utility lasts beyond passing fads. Unlike meme coins reliant on short-lived hype, ScapesMania is built with enduring value and practical application in mind.

As the presale is drawing to a close, you need to act fast and grab your discounted tokens now! The countdown has begun – don’t let this chance pass you by.

Presale Opportunities

ScapesMania could be an appealing opportunity for early adopters. This groundbreaking project has raised $4,800,000+ solely from the crowd/retail sector. ScapesMania is gaining traction on popular crypto media platforms and receiving endorsements from recognized crypto influencers.

Post-listing, today’s backers could be looking at potentially sizable gains, meaning that ScapesMania could outperform all major asset classes and beyond. S&P 500, gold, bonds, and even the cryptocurrency market as a whole are not expected to reach such returns in 2024.

Furthermore, joining ScapesMania now unlocks a treasure trove of bonuses, totaling up to +102%, along with exclusive opportunities like token buyback & burn and staking. As ScapesMania continues to evolve, there is a potential for the project’s returns to even surpass expectations. 

Key Highlights of ScapesMania

ScapesMania is not a regular crypto asset; it’s a vibrant gaming ecosystem that caters to the interests of both casual players and crypto-savvy audiences. As a gamer, there’s no need to deal with the complexities of crypto to enjoy captivating gameplay. On the flip side, token holders can reap the rewards of the ecosystem’s performance and shape its future without playing.

The above-mentioned upsides have already attracted crypto whales with deposits of $20,000+ to opt for ScapesMania, and it could be compelling enough for you too.

Time Waits for No One: Act Now!

By chipping in now, you’re positioning yourself for immediate possible gains as the project enters the next phase – listing. Understand: this pricing will never be available again. The same way a combined bonus boost won’t be available again as the referral, vesting, and promo code prizes expire post-listing.

Secure higher gains by grabbing a sizable bonus of 10% on ScapesMania! Use code EYX266 at checkout in a special textbox for an even better deal on a cryptocurrency that could make you the envy of the entire crypto community. Act fast – the offer is valid for a limited time only.

Cardano (ADA): A Potential Rally on the Horizon

Cardano (ADA) is currently in a consolidation phase, reminiscent of its behavior in late 2020. This pattern suggests that Cardano (ADA) might soon resume an upward trend, potentially around April.  The current market behavior of Cardano (ADA) indicates a potential for an upswing toward $0.80, followed by a brief correction. This movement is based on the historical patterns observed in Cardano (ADA) trading behavior.

Immutable X (IMX): Gaining Ground in the Gaming Sector

Immutable X (IMX) is an Ethereum scaling network designed for gaming applications. It has gained traction in the gaming industry, with several games adopting its technology for faster and cheaper on-chain interactions. The adoption of Immutable X (IMX) by various games and its integration into mainstream gaming marketplaces like the Epic Games Store has positively influenced its market presence. This increased adoption could lead to a rise in Immutable X (IMX) value.

Hashflow (HFT): Innovating with Cross-Chain Trading

Hashflow (HFT) has launched version 2.0, adding support for Solana and DEX aggregation. This integration makes Hashflow 2.0 the first DEX to offer cross-chain trading between Ethereum and Solana. The introduction of Hashflow 2.0 and its unique cross-chain trading capabilities could attract more users and liquidity to the platform, potentially impacting Hashflow (HFT) market value positively.

Blur (BLUR): Leading the NFT Market Resurgence

Blur (BLUR) is a pro-focused NFT marketplace that has recently unlocked nearly 50 million tokens. This move has spiked the asset’s price and positioned Blur (BLUR) as a leader in the NFT resurgence. The recent token unlock and Blur’s significant share in the NFT trading volume have contributed to an increase in Blur (BLUR) price. The marketplace’s focus on professional content creators and its growing market share are key factors in its current price situation.

Conclusion

In the current crypto market, characterized by a red market, crypto whales are strategically diving in, searching for profitable opportunities. ScapesMania, the innovative gaming system, seems to be their pick of the season. A closer examination of the project does reveal the potential to reach unprecedented heights.

Read the article at Coinpedia