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Cryptocurrency News Articles

Kaspa & Tron Coins Prices Soar But Could Go Higher — Holders Using Profits To Buy a New Token Presale of 2024

Aug 24, 2024 at 02:30 pm

Kaspa and Tron coins are both cryptocurrencies with their own blockchains. $KAS coin operates on the GHOSTDAG protocol [blockchain].  $TRX aka Tronix coin is the native coin to the Tron-blockchains.  Currently the cryptocurrencies have two things in common that are worth taking note in relation to price and connection to the presale of BNB-Chain’s alternative to Bitcoin.

Kaspa & Tron Coins Prices Soar But Could Go Higher — Holders Using Profits To Buy a New Token Presale of 2024

Cryptocurrency prices for Kaspa and Tron are soaring, and some traders are using their profits to buy into the presale of a new token on BNB-Chain.

Both Kaspa and Tron coins are seeing price increases this week, with TRX up nearly 19% at a price of nearly $0.16 today. This price increase has earned traders $190 per $1000 invested.

Meanwhile, Kaspa Coin soared 4.07% overnight, currently priced at just under $0.17 cents.

According to chart analysis, the price of Kaspa could reach $0.24 cents by next week — August 31st.

This increase would be an explosive 35% rise in value and could be the reason traders are moving funds into the native coin of the GHOSTDAG protocol network.

According to Changelly, a large explosion is on the way.

Interestingly, a group of traders, who are considered to be "winning investors" in the cryptocurrency world, are also dollar cost averaging small amounts into the presale of BNB-Chain’s new alternative to Bitcoin.

This presale is for the $BTN token, which is currently priced at $0.357 and surging in presales.

Over 10,000 tokens have been sold in the past week and the initial coin offering is continuing in an upward trend together with Kaspa and Tronix coin prices.

Set to list on its first crypto exchange [CEX/DEX] after December 2nd, Bitnance will offer the BNB-Chain ecosystem users a store-of-value cryptocurrency to face the upcoming fiat currency crash.

The importance of the token is that it will save massive sums of money, up to 80% of transaction fees for those who stay ‘on-chain.’

Smarter investors have been complaining about Bitcoin’s industry-high fees, leading to a movement for ‘decentralization’ of the $BTC; offering store-of-value on each network versus just one.

The "Bitnance" is the BNB-Chain solution that’s gaining momentum on social media platforms like reddit [r/BitnanceTokens].

Nearly 100 users are following the group and rising daily.

Today’s Presale Stats

The initial coin offering numbers are also soaring with 61,100 tokens being sold as of today and over $21,000 being raised from early investors, looking to obtain the SOV token at its best price pre-CEX listing.

Prediction for December 2024

One analyst report has compared data of Bitnance to Bitcoin and suggests the token could see gains of over 12,000% within its first year.

Initial CEX listing day, other analysts have projected the BEP-20 token could rise in value upwards of 300% before seeing its first correction.

News source:captainaltcoin.com

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Other articles published on Nov 23, 2024