In crypto, it is common practice for whales to look for a place to rotate their profits. Often, their buys end up giving the highest returns. This is exactly what happened recently when a prominent Shiba Inu whale diversified his crypto portfolio. The whale scooped up a huge bag of MoonTaurus (MNTR), adding it to his holdings. This whale, who previously capitalized on the meteoric rise of Shiba Inu, is now shedding a portion of his SHIB holdings to buy MoonTaurus. This move comes after MNTR recently doubled in price as it entered the second phase of its presale.
Whale Target MoonTaurus After Massive Shiba Inu Gains
At the beginning of 2021, the cryptocurrency market was already home to over 4,500 tokens, a number that nearly doubled to almost 8,000 by November. Shiba Inu, which had just been launched, stood out by delivering astronomical returns, multiplying in value by over 200,000x during its 2021 rally. A whale who rode this wave up has now marked the next big thing among meme coins and diversified his holdings to include Moontaurus.
The timing of this whale’s diversification is critical. MoonTaurus has recently transitioned into the second phase of its presale, with the token price doubling to $0.01. With MNTR launching at $0.07, an investment at current prices will guarantee a 700% return. This potential for significant gains is likely a driving factor behind the whale’s decision to shift some of his SHIB holdings into MNTR.
MoonTaurus Gains Traction Among Investors
MoonTaurus is quickly gaining traction, not just among whales but also among a broader range of crypto investors. The project has already raised over $300,000 in its first presale phase, attracting more than 1,000 holders. This strong community backing adds credibility and supports the project’s ambitious goals. The total supply of MNTR is capped at 3 billion tokens, with 40% allocated for presale across 10 phases. The limited supply, combined with growing demand, is expected to drive the token’s value higher as more investors seek to acquire MNTR.
One key aspect contributing to MoonTaurus’ appeal is its marketing strategy. The team behind the project has allocated 30% of the total token supply specifically for promotional activities. This includes partnerships with influential figures in the crypto space, targeted digital advertising, and social media campaigns designed to increase visibility and attract new investors. These efforts are already paying off, as evidenced by the rapid price increase and growing interest in the token.
Moreover, the project has set aside 20% of the supply for exchange liquidity to ensure smooth trading and price stability. This is crucial to maintaining investor confidence, especially in a market known for its volatility. Additionally, a portion of the tokens is reserved for community rewards, including a $100,000 giveaway, which engages the community and incentivizes long-term holding.
The move by a seasoned Shiba Inu whale to diversify into MoonTaurus signals a strong vote of confidence in the token’s potential. As MoonTaurus continues to gain traction in its presale stages, the combination of limited supply, strategic marketing, and a solid liquidity plan positions it as a high-potential player in the meme coin market. MNTR offers an attractive opportunity for investors looking to capitalize on the next big meme coin, with experts predicting strong post-launch momentum.
Investors who recognize the potential in MoonTaurus, especially at this stage, may be well-positioned to reap substantial rewards as the project progresses. As the presale continues, those who secure their positions now stand to benefit from the projected 700% return at launch, making MNTR a no-brainer choice for those looking to expand their crypto portfolios.
Website: https://moontaurus.com/Linktree: https://linktr.ee/moontaurus
Disclaimer: This is a sponsored article and is for informational purposes only. It does not reflect the views of Crypto Daily, nor is it intended to be used as legal, tax, investment, or financial advice.
