Bitwise Predicts ‘Bigger Wave’ for Bitcoin ETFs, VeChain, and a New Altcoin Prepare for Major Rally
(NewsDirect)
The
approval of Bitcoin spot ETFs in January has turned out to be an
immense success as they continue to hit record inflows. To add to
this, the CIO of Bitwise, Matt Hougan, has predicted that there will
be an ‘even bigger wave’ from ETFs in the coming months.
Meanwhile, VeChain
(VET) is one of the top altcoins that has been a center of attraction
following its recent announcement. With the growing bullish sentiment,
crypto experts predict that VET and a new altcoin,
KangaMoon
(KANG), are set for
massive gains in the coming weeks.
Bitwise CIO Predicts Bigger
Wave for Bitcoin ETFs
The capital inflows into Bitcoin ETFs have been growing
steadily since its approval in January.
Farside recently
reported
that the daily inflows into Bitcoin ETFs recently
peaked at over $673 million. The Bitwise CIO, Matt Hougan, has
predicted that there will be an even “bigger wave” for Bitcoin
ETFs.
after two Wall Street giants, Merrill Lynch and
Wells Fargo, reportedly began offering spot Bitcoin ETFs. According to
Hougan, the entrance of these major wirehouses will fuel the next wave
of demand for spot ETFs.
He further explained that there is “too much demand for
Bitcoin and not enough supply.” This prevailing circumstance is
mostly bullish and is why BTC is the cryptocurrency to buy. Ahead of
its halving in April, many experts have forecasted a new all-time high
for Bitcoin.
VeChain (VET) Poised for Break Out After Network
Expansion
The
VeChain Foundation recently
the launch of VeBetterDAO, the next step in its expansion process.
VeBetterDAO is designed to be the foundation of a cross-sector
sustainability dApp ecosystem and onboard enterprises and individuals
into web3.
Along
with the launch, the VeChain Foundation also launched a new VOT3
token. Another altcoin was launched VHTO, to serve as gas fees.
Although the price of VET didn’t automatically respond to the
launch, crypto analysts are bullish about the altcoin.
On the weekly chart,
the price of VET has increased by more than 8%, with February being
its best month. Highlighting data from
CryptoRank
,
there are predictions that the price of VeChain could potentially
increase by 80% to surge to a new ATH in March.
KangaMoon
(KANG): The New Cryptocurrency To Buy in March
KangaMoon
(KANG)
has been just as
impressive as VeChain over the past few weeks. KANG emerged as one of
the top altcoins with gains of 50%. KangaMoon has been growing in
popularity because of its unique social-fi model.
Using this new
framework, KangaMoon users are rewarded based on their participation
and activity on the network. From activities as easy as engaging and
sharing posts on social media platforms, KangaMoon allows users to
earn KANG tokens.
With this, there has been an increased demand for KangaMoon in
its ongoing cryptocurrency ICO phase. This huge demand has seen
KangaMoon raise over $450,000 in the first two stages of its ICO.
As the project
progresses, KangaMoon users will have chances to earn mouth-watering
rewards. Currently, there is a 10% bonus on all purchases available in
the second stage of its cryptocurrency ICO. While early adopters are
already in profit, KangaMoon promises gains of up to 220% before it
launches in the first quarter.
Closing Thoughts
The cryptocurrency
market is set to experience a major breakout in the coming months,
evidenced by the growing demand for spot Bitcoin ETFs. KangaMoon and
VeChain are two crypto coins strategically positioned to benefit from
this market growth as they look to expand in the coming months.
Discover the
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understand before engaging with Kangamoon, a play-to-earn meme coin.
By accessing or participating in any activities related to Kangamoon,
you acknowledge and accept the terms outlined below:
1 No
Financial Advice: This whitepaper and any associated content do not
constitute financial advice, investment recommendations, or
solicitation to purchase Kangamoon tokens. The information provided is
for informational purposes only. It is your responsibility to conduct
thorough research and seek professional advice before making any
financial decisions.
2 Volatility and Risks: Cryptocurrencies,
including Kangamoon, are volatile and subject to significant price
fluctuations. Investing in or holding Kangamoon tokens involves
substantial risks, including the possibility of total loss. Past
performance is not indicative of future results.
3 Regulatory
Compliance: The regulatory environment surrounding cryptocurrencies is
evolving and varies across jurisdictions. It is your responsibility to
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or region before engaging with Kangamoon.
4 Uncertain Market:
The market for meme coins and play-to-earn platforms is highly
speculative and subject to rapid changes. There is no guarantee of
market demand, liquidity, or utility for Kangamoon tokens. Token
values may fluctuate drastically and may not reflect the intrinsic
value of the project.
By continuing to engage with Kangamoon,
you acknowledge and accept the risks and limitations outlined in this
disclaimer. You should only participate if you fully understand and
are willing to assume these risks.
Contact
Details
Kangamoon
marketing@kangamoon.com
Company
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