BNBChain’s top 100 whales are profiting from cryptocurrency price swings and massively accumulating the Radio Caca (RACA) cryptocurrency, according to data from WhaleStats. According to the site, RACA is the third most purchased token on BNB Chain by whales, the largest wallets in the market, surpassing STEPN and MBOX. Thanks to these purchases, the market capitalization of RACA increased to $620 million, placing the project among the 250 largest projects in the cryptocurrency market and one of the largest on the BNB chain.
These purchases also helped make RACA one of the most traded tokens on BNB Chain in the past 24 hours, according to data from BNB Master. According to the site, RACA was in the top 3 most traded tokens on BNB Chain, with a trading volume of $31 million.
The great movements of RACA and the interest of the whales can be linked to the various announcements that Radio Caca has made. RACA recently made headlines by teaming up with world-class icon and hip-hop artist French Montana on his upcoming album Montega to release as NFT. Additionally, the team allocated nearly $25 million to develop a Montana album-themed metaverse called the 2D Montega Metaverse (2DMM).
American artist Nicole Buffett, Warren Buffett’s granddaughter, recently announced that she will be the artistic director of Radio Caca (RACA). Buffett will work directly with French Montana and the RACA development team to help develop 2DMM.
Last but not least, Radio Caca recently announced upcoming updates to its Metamon game, introducing new game mechanics and several unique features such as training and achievements for players. If you haven’t checked out Metamon, we recommend giving it a try. One of the most underrated Metaverse crypto games out there, users can earn rewards with minimal time investment.
According to an analysis by Coinmarketcap, one of the leading providers of cryptocurrency value data, Radio Caca (RACA) has an upside potential of over 20%. The RACA token is currently trading at the $0.00173 level and may rise until it breaks the resistance at $0.0024. According to the site, RACA’s recent developments combined with the strength of the bulls could propel RACA to a new high.
According to CoinMarketCap:
“RACA sits in the middle of two trigger zones. Currently it looks bullish, and after testing an extreme, while also taking all the lower liquidity, the buyers stepped in. Ideally, the price will test $0.0023. This is a large supply area, however, identifying a key command block eliminates all the noise. »
The article also points out that if the price can swing at $0.0024, it can go much higher, with local highs being the next target.
“As the metaverse and the NFT hype are always in flux, it is best to watch the possible price movements of some market cap giants in this category for the next bull run!” Scarpa pointed out.
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