According to WhaleStats data, the top 100 crypto whales on BNBChain are taking advantage of the price fluctuations in the cryptocurrency world and generating large amounts of money. Radio Caca (RACA) is accumulating.
According to the website, as a result of heavy purchases, RACA has been bought by whales of BNB Chain, the largest wallets in the market. STEPN and MBOXIt took its place as the third most purchased cryptocurrency after . RACA’s market cap rose to $620 million as a result of these transactions, and the purchases again placed the project in the top 200 (rank 156) in cryptocurrencies, making it one of the largest altcoins among projects on BNB Chain.
According to data from BNB Master, these purchases also helped RACA become one of the most traded tokens on BNB Chain in the past 24 hours. According to the site, RACA was among the top 3 most traded coins on BNB Chain with a trading volume of $31 million.
What is Radio Raca?
Released in August 2021 Radio Caca (RACA)is another cryptocurrency with a high probability of exploding in 2022. Radio Caca has a robust ecosystem of games, Metaverses, dApps and a Decentralized Autonomous Organization (DAO). Launched on Binance Smart Chain (BSC), the project was named one of BSC’s Most Valuable Producers in the month of its launch.
Radio Caca’s Metaverse is a 3D in-browser experience open for users to explore and The United States of Mars (USM) is called. USM is similar to metaverse of other platforms but with tools, galleries etc. Includes unique concepts such as
Additionally, Radio Caca has a blockchain-based P2E game called Metamon that allows users to earn rewards for playing the game.
What is the reason for the interest in Metaverse coin?
RACA’s recent price movements and whales’ interest may be linked to several recent announcements by Radio Caca.
RACA recently attracted a lot of attention when it announced a collaboration with French Montana, a worldwide icon and renowned hip hop artist, for the release of their upcoming Montega album as NFT. In addition, the team of Montana 2D Montega Metaverse (2DMM) He set aside nearly $25 million to create a metaverse inspired by his album.
American artist Nicole Buffett, who is also the granddaughter of Warren Buffett, 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 assist with the development of 2DMM.
Finally, recently Radio Caca; Metamon has announced updates for its game that introduce several unique features such as new gameplay mechanics as well as a training and earning system for players.
Price Estimate
Radio Caca (RACA) still has the potential to rise above 20 percent, according to an analysis by Coinmarketcap, one of the leading data providers on the value of cryptocurrencies. Currently trading at $0.00173, RACA token may continue to rise until it breaks the resistance at $0.0024. According to the site, the latest developments in RACA combined with the strength of the bulls could push RACA to a new high.
According to CoinMarketCap:
“RACA is right in the middle of the two trigger zones. It looks bullish right now. … buyers took action in altcoin testing an endpoint. Pricing should ideally test $0.0023. It’s a big sourcing area, but identifying a significant block of orders allows us to get rid of all that noise.”
The article also highlights that if the price can rally to $0.0024, the next target could be higher, including local highs. However, for this, it is necessary to pay attention to the market giant metaverse coins.
“As the metaverse and NFT hype are still in motion, it seems like the best idea to watch for potential price swings from some of the market cap giants in this space for the next bull run.”
You can check the price movements here.
Disclaimer: What is written here is not investment advice. Cryptocurrency investments are high-risk investments. Every investment decision is under the individual’s own responsibility. Finally, KoinFinans and the author of this content cannot be held responsible for personal investment decisions.