The crypto market is currently witnessing a blend of challenges and strategic moves by investors. A notable Ethereum (ETH) whale recently capitalized on the market dip, withdrawing 3,600 ETH worth $8.9 million from Binance. This investor has a history of accumulating Ethereum at low prices and selling near the peak, exemplified by their activities throughout 2023. Currently, they hold about 31,700 ETH, valued at nearly $78 million. In the broader Ethereum ecosystem, there’s a significant uptick in staking activities, with 24% of Ethereum (ETH) total supply now staked. This increase is attributed to the rise of liquid and restaking protocols.
In addition to the significant activities surrounding Ethereum (ETH), other cryptocurrencies are also gaining traction in the crypto market. Market analysts are closely watching these cryptocurrencies, anticipating that whales may soon begin accumulating them, similar to the patterns observed with Ethereum (ETH). One of the projects is already gaining plenty of whale attention, so read on to find out which of the projects is most likely to skyrocket soon in the same way that Ethereum (ETH) is about to potentially break records with its intense growth.
Top Cryptos to Skyrocket Soon
- Aptos (APT): Experiencing market changes due to a significant token unlock.
- Sei (SEI): Gaining popularity with strong growth potential.
- Ondo (ONDO): Increasing market cap following a major token unlock.
- Mantle (MNT): Achieving a new all-time high, indicating strong growth within Ethereum’s ecosystem.
ScapesMania: A Newcomer to the Crypto Scene
As February approaches, the completion of ScapesMania’s groundbreaking fundraising campaign is nearing. The immediate listing on tier-1 platforms is set to follow, potentially catapulting the ScapesMania token into the stratosphere.
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ScapesMania is a one-of-a-kind gaming ecosystem, where crypto-savvy audiences join forces with the vibrant community of casual players, paving the way to substantial growth. The ScapesMania community is buzzing with enthusiasm, which is reflected in $4 700 000+ raised from crowd/retail contributions to date.
ScapesMania ensures participants get precisely what they desire: gamers enjoy their favorite pastime, while crypto enthusiasts can leverage the ecosystem’s performance and shape its future through DAO, all without engaging in gameplay.
Furthermore, acquiring ScapesMania tokens unlocks extra perks. By joining the presale, you can access bonuses totaling up to +102%. You can also score referral rewards by introducing ScapesMania to your friends.
ScapesMania’s smart contract has successfully undergone scrutiny from leading security-ranking companies, providing peace of mind for holders.
Behind ScapesMania is an award-winning team that secured a prestigious grant from a prominent player in the blockchain industry. The team is constantly engaging with a flourishing community of over 60K+ followers.
Potential for Expansion
ScapesMania is part of the massive $376 billion gaming industry, and its growth potential is fueled by this booming market. Already featured on major tracking platforms, ScapesMania is expected to hit major exchanges soon, with negotiations currently underway. After its debut on exchange platforms, holders can expect greater liquidity and easier access to trade.
ScapesMania tokens are currently a steal, priced at just $0.008014 per coin during the presale. By joining the presale, early adopters could potentially be looking at significant returns after ScapesMania makes its debut on exchanges. Of course, the already-advantageous ROI can only be just the beginning as ScapesMania has ambitious plans for its multi-stage post-listing development.
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Aptos (APT): Token Unlock and Market Dynamics
Aptos (APT) is set to unlock over 24 million tokens, constituting more than 8% of its circulating supply. This event is significant as it introduces a substantial amount of assets into circulation. The tokens to be unlocked are valued at over $260 million. Core contributors and investors will receive a significant portion of these tokens, with the rest allocated to the community and the foundation. The current circulating supply of Aptos (APT) is over 308 million, with a market cap of around $2.8 billion.
Aptos (APT) has seen its highest trading volume in months, with a peak of over $700 million recorded on January 5th. This volume represents the highest in over five months. However, Aptos (APT) has experienced a weakening bull trend, with consecutive losses in its daily timeframe chart.
The introduction of additional tokens into circulation could impact the volume trend, but current expectations are optimistic. The token’s price trend shows a weakening bullish momentum, and it’s crucial to monitor how the market absorbs the new supply. The future price movement will depend on how well the market responds to the increased supply and the ongoing developments within the Aptos (APT) ecosystem.
Sei (SEI): Growth Trajectory and Market Position
Sei (SEI) has been gaining attention in the crypto market, with its price witnessing a significant surge by the end of December 2023. The token is currently trading below $1 but has shown impressive growth potential. Sei (SEI) price rally in December 2023 and its strong fundamentals have contributed to its growing popularity.
The price of Sei (SEI) is currently on a downward trend, trading at around $0.62. The token has experienced a considerable price surge since its launch in August 2023, reaching a peak of $0.86 in January 2024.
Sei (SEI) has a promising future growth potential, with its fundamentals and applications in the blockchain space. The token is closer to reaching the $1 mark compared to other similar projects. Its growth is based on strong fundamentals rather than just social media influence, suggesting a more sustainable long-term trend. However, the token needs to maintain its momentum and continue building on its strong foundation to achieve its potential.
Ondo (ONDO): Token Unlock and Market Capitalization Surge
Ondo Finance, a significant player in the real-world asset space, has unlocked 14.3% of its native Ondo (ONDO) tokens. This event led to the token’s market capitalization soaring to $1.66 billion. Ondo offers products for both crypto users and large institutions, balancing the needs of different market participants.
The unlocking of Ondo (ONDO) tokens has created a market for these assets, with exchanges like ByBit, Gate.io, and KuCoin listing Ondo (ONDO) . Coinbase also plans to offer the token on its exchange. The token governs the Ondo DAO and plays a crucial role in the project’s ecosystem.
The unlocking of Ondo (ONDO) tokens and their subsequent listing on major exchanges is a positive development for the token. However, the future price movement will depend on how the market perceives the value of these tokens and the overall performance of Ondo’s products. The balance between catering to crypto users and large institutions will be crucial in determining the token’s long-term success.
Mantle (MNT): All-Time High and Future Prospects
Mantle (MNT) has seen a rapid increase in price since October 2023, reaching a new all-time high. The token’s upward movement has been consistent, with a breakout from the previous all-time high region of $0.53 in December.
Mantle (MNT) is currently trading at around $0.68, having reached this new all-time high after a period of consolidation and a subsequent upward movement. The daily RSI indicates a bullish trend, suggesting that the token still has room for growth.
Analysts are bullish on Mantle (MNT) future trend, citing its increasing number of daily transactions and potential in the Ethereum ecosystem. Technical analysis suggests that Mantle (MNT) could continue its upward trajectory, possibly reaching or surpassing $1. However, falling below certain price levels could invalidate this bullish prediction, leading to a potential decline. The token’s future will depend on maintaining its momentum and the overall market conditions.
The crypto market is currently a dynamic landscape with Ethereum (ETH) at its forefront, particularly highlighted by a significant purchase by an Ethereum whale who bought 3,600 ETH worth $8.9 million. Alongside Ethereum, emerging cryptocurrencies like ScapesMania are also gaining traction, seemingly poised to follow the better-known coin’s potential growth trajectory. ScapesMania is already enjoying its fair share of whale activity, so it makes sense to act before it’s too late.