What Cryptocurrencies Are Whales Investing in for the Bull Run: Solana, Kaspa, Toncoin, and JetBolt

As the possibility of a bull run approaches, whales are seen purchasing specific cryptocurrencies such as Solana (SOL), Kaspa (KAS), Toncoin (TON), and the up-and-coming JetBolt (JBOLT). Solana is eyeing a potential return to its previous all-time high, while Kaspa is experiencing modest gains following its recent listing on Kraken. Additionally, Toncoin is showing signs of significant gains in the near future.

JetBolt, a newer altcoin with innovative features like zero-gas technology and a successful presale that has sold over 66 million tokens, is generating excitement among investors. Can Solana, Kaspa, and Toncoin sustain their momentum? What is driving whale interest in the market newcomer JetBolt? Let’s explore the latest developments and determine which cryptocurrency may lead the upcoming bull run.

Solana’s Strong Momentum: Is SOL Poised to Reach New Highs?
Solana is currently trading near its all-time high of $259.96, achieved in November 2021. With a current price of $240.51, SOL is only 7.6% away from its previous peak.

Bitwise, a prominent asset manager, has filed an ETF application for Solana, following similar proposals by VanEck and Canary Capital. Approval of these ETFs could attract more investors and potentially boost SOL’s price performance.

Analysts believe that SOL could reach or surpass its 2021 highs, but it needs to overcome the critical $250 resistance level and maintain levels above $230 to regain strong bullish momentum.

Understanding Kaspa’s Price Movement
Kaspa is nearing its all-time high of $0.20, achieved in August 2024. Currently trading at $0.15, KAS has surpassed the $0.10 mark, its lowest price at the beginning of November 2024.

The recent surge in Kaspa’s price can be attributed to its listing on Kraken, a major crypto exchange. Investor interest in proof-of-work (PoW) cryptocurrencies, coupled with Bitcoin’s bullish trend, has also contributed to Kaspa’s price movement.

Why JetBolt Is Gaining Attention Ahead of the Bull Run
While established tokens continue to perform well, JetBolt stands out for its innovative features that appeal to whales and buyers alike.

JetBolt’s zero-gas technology enables hassle-free transactions without gas fees, making it attractive to users and developers alike. The platform also offers a unique staking utility that allows users to earn rewards and engage with others while staking their tokens.

In addition to these features, JetBolt’s presale offers attractive bonuses for early buyers, with up to 25% bonus tokens available through Alpha Boxes or batch purchases of JBOLT tokens.

With its cutting-edge technology and presale incentives, JetBolt has already sold over 66 million tokens, indicating strong demand among investors gearing up for the upcoming bull run.

Toncoin Sees Price Surge Amid Growing User Base
Toncoin’s price is currently $5.47, up by 13.5% and 1.6% over the past two weeks and seven days, respectively. The increase in price coincides with a rise in the number of on-chain wallets for Toncoin.

Recent data shows that Toncoin’s on-chain activated wallets have exceeded 34.26 million, a significant increase compared to 1.08 million in January 2024. The release of the v2024.10 update is expected to further enhance Toncoin’s network performance and reliability, potentially driving its price higher in the coming weeks.

In conclusion, as the possibility of a bull run looms, whales are acquiring cryptocurrencies like Solana, Kaspa, Toncoin, and JetBolt. Each coin has its unique catalysts for growth, making them worth keeping an eye on in the evolving crypto market landscape. Visit the official JetBolt website to learn more about this promising altcoin.