An active Kaspa (KAS) coin holder just chose to move over US$800 into the Bitnance (BTN) token presale . They join the group of Ethereum (ETH) whales & Shiba Inu (SHIB) traders that just migrated as well. However, it appears the trader is splitting gains, indicating a growth in both tokens on the horizon.
This trader’s transaction continues the positive momentum being seen for the Bitnance token presale. Making 3 purchases for slightly over .1 ETH early Monday morning, the transactions bumped the presales activity average to just under 5K tokens daily [for weekend].
What you'll learn 👉
Uptrending Sales Activity
The 5000 average continues the uptrending sales activity for the token presale. Last week daily activity rose by over 2000% and if continued this week, it’s predicted investors could see days where 10,000+ tokens are sold.
That growth in daily sales activity is also signaling that the project could reach a sell out.
Unique to the Binance SmartChain aka BNB-chain, Bitnance is a new digital store of value assets. It has a very low total token supply and has an infrastructure that should help investors retain value, even if their local economy and fiat currency see a fall.
This is critical in this era and the main reason Bitcoin is such a phenomenon. However, this is possibly the first time a cryptocurrency project of this nature has been on the Binance Smart Chain [BSC].
Buy-Sell-Swap Crypto Transaction Fees
Beyond potential profit gains, the Layer-1 blockchain also offers investors a benefit in terms of transaction fees. Bitnance (BTN) is expected to cost nearly 80% less than Bitcoin to buy, sell, or trade. The associated gas fees should be far better for anyone, but especially those who utilize the BSC blockchain.
Currently selling for US$0.358 per token via Bitnance.net, the listing day yields are set for +30% profits. Token symbol BTN, the Bitnance token will list on crypto exchanges 4 days after the initial presale offering ends on December 1st. The price on CEX(ES) will be $0.456 per the crypto project’s whitepaper detail.
$1.85 Price Prediction for December 2024
Based on typical crypto listings however, first day profits could be much higher. A similarly structured token on the Ethereum Blockchain, returned investors over 300% profit the first day of being listed. The Binance Blockchain has a much bigger base, which could be a catalyst to higher gains of 400-500% — a token price of $1.85.
If it does reach $1.85, today’s investors of $1000 will see an ROI of a few cents past US$5182.
These high profit margins are possibly what led the KAS coin holder to migrate funds into the ICO.
Though Kaspa has a very bright future, the ICO gains should outperform and current holding profits gained in the same wait.
KAS Coin Price Could Reach $0.56 By December
The KAS coin is predicted [chart] to reach $0.56 in value by September 30th. However, that is still just around a 100% return versus 4x-5x that is expected to be gained on the Bitnance presale.
The trader who moved into the presale, seen on the BTN presale transaction address, is traced to a wallet that holds at least 5-figures [$XX,XXX] of KAS coins. A wise investor, they’ve gained at least 4 figures in profit this year, making stellar gains from what appears to be an investment into the Kaspa Coin’s initial listing.
If the trader made that wise decision, it’s a purely positive signal to why they are investing into the new token presale; it’s rated by CryptoTotem as a Top 7 project currently on the market.
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the readCaptainAltcoin is not liable for any damages or losses from using or relying on this content.
