Crypto Whales Investing in Altcoins
• Investors in 2023 are looking towards cryptocurrencies with long-term gains.
• Whales have started to stock up on altcoins, which offer the potential of outsized returns.
• Meta Masters Guild has raised $1.42 million in its presale, and is expected to launch a range of mobile-based games in the third quarter of the year.
Why Are Investors Interested In Altcoins?
Altcoins enable investors to make high returns due to their lower market cap and minimal entry price. This makes them particularly attractive for whales, who can acquire a large amount of tokens for less capital, as well as retail investors who can receive 10x or even 100x returns on their investments.
What Is The Hype With Altcoins?
The hype around altcoins lies in their ability to generate high returns given their low market cap and minimal entry cost. Furthermore, these types of projects are not available with more flagship coins; therefore, investors are constantly searching for new opportunities that may yield significant profits.
Top Altcoins To Invest In Right Now
One such project currently undergoing a presale is Meta Masters Guild – a play-to-earn gaming platform that has already raised over $1.42 million in a short period of time. The presale is approaching its fourth stage where one MEMAG token will cost $0.023 – representing a 76.9% increase from its initial entry price at $0.013 per token – and is expected to rise further once the platform launches on exchanges and gains more users later this year (third quarter).
Final Thoughts
Altcoins provide an opportunity for investors to make significant gains due to their low market cap and minimal entry price – something that isn’t possible with other cryptocurrency projects like Bitcoin today due to its large market cap and high entrance price point. Therefore, it’s no surprise why whales are stocking up on these altcoins right now!
