XRP Whale Bets Big on Kaanch Blockchain Ahead of BitMart Listing, Fueling 25,000% Surge Speculation
A prominent XRP investor, known for accurately timing the asset''s historic rallies, has shifted 40% of their portfolio to Kaanch, an emerging LAYER 1 blockchain. This strategic move aligns with Kaanch''s final presale phase, offering tokens at $0.32 before increasing to $0.64 in the next stage. The project has already raised over $2.2 million, with only 58 million tokens remaining.
Market analysts view the whale''s reallocation as a strong bullish indicator for Kaanch''s potential to challenge established Layer 1 networks. The project has attracted significant interest from both retail and institutional investors ahead of its upcoming BitMart exchange listing, where tokens are set to debut at $30—a staggering 9,275% premium to the current presale price.