Crypto Whales Just Snapped Up These Altcoins – Find Out Why
Crypto whales are people or groups who hold a large amount of a given cryptocurrency--and they're always on the hunt for ways to increase the ROI of their crypto portfolios. One way they do this is to buy promising cryptos early in their development and during presales, which allows them to get more altcoins before demand increases and prices go up. But what is it about certain cryptos that make these whales take notice?
An experienced investor knows how to spot a successful project before the crowds. One way to do this is to spot the momentum a given project has in generating buzz. For example, FightOut a new project with significant financial backing, has already managed to generate quite a bit of interest in its private sale and public presale, having raised over $2.1 million in just a few days. They are planning on opening gyms, partnering with celebrities, and launching AI-powered fighters -- taking advantage of multiple key trends that have a high chance of making their $FGHT token popular in the future.
One more way that whales benefit from presales is by receiving bonus rewards. For instance, FightOut provides investors with up to 25% extra tokens for purchases of $50,000 or more and 10% for token purchases of just $500. This makes it a lot better deal to buy in bulk for both large investors (whales) and smaller investors, which helps drive up the value of the altcoins before they are listed on exchanges.
In essence, if you're looking to invest in a potentially high ROI project, follow the money and look for promising deals. You can often find tokens at a greatly reduced price by investigating projects with strong fundamentals that have already garnered interest from many investors even before they start trading on
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