In the past weeks, DigiHorse’s prospects have made news headlines and are a topic among investors who seek diversification over concerns about the recent market crash and the uncertainties that plague the future of most tokens. It is unsurprising that over 45 million DIGI tokens were sold out in less than a month.
On the other side of the market, XRP and ETH fans are paranoid as both tokens pulled back despite a market-wide rebound over the last weekend.
XRP Ranking Drops Due to Redundant Growth
XRP has continued to struggle despite recent market gains. Its price is back within the $0.5 – $0.6 range signifying an 84% decrease from its ATH achieved earlier this year and a $0.54% decrease in the last 30 days.
Nevertheless, experts believe any trader will be making a big mistake attempting to sell the token now. According to Alex Cobb, XRP has broken past the most significant resistance level on its monthly chart and like Bitcoin, it has made a strong comeback once in July. He asserted that this time is no different; besides, the coin is marked by positive sentiments showing that it is poised for a greater rebound.
Ethereum Traders Panic Over Intense Whale Activity
Equally, the king of Altcoins, Ethereum was unaffected by the market surge. Rather, it is down by $0.21%, trading at $2750.09 (Aug 26, 8 a.m. ET). Likewise, the total open interest has only increased by $800 million, indicating decreased interest among futures traders.
One reason that can be adduced for this correction is the whale activity that has been ongoing since March. Six days ago, the whale withdrew 15,000 ETH worth $39.66 million, making it the fifth transaction in the space of six months. So far, he has made over $176 million in sales with a $25 million profit.
It is unclear how long the Bulls can remain defensive.
DigiHorse Second Presale Stage Goes Live
In the meantime, XRP and ETH users are drawn to DigiHorse following a successful initial presale where it gathered $150,000 in sales. A bleak hope exists for those who missed out on the first opportunity to buy at $0.0033; the second presale stage is now live on the Digihorse Empire website. Although now valued at $0.004567, it has made over $22,000 in only a short time. At this rate, it is only a matter of time before it is sold out.
Digihorse is gaining such momentum because it offers a unique opportunity for investors looking to manage the volatility of the crypto market. As a P2E platform, it allows participants to earn in ways other than trading such as buying, breeding, and racing NFT horses. Perhaps, the most exciting of its features is the hippodrome concept which serves as a home to the horses but can also be rented for advertisements.
For more information and to participate in the DigiHorse (DIGI) presale, visit the official DigiHorse Empires website.
Website: https://digihorseempires.io
Socials: https://linktr.ee/digihorseempires
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