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Attention has surged on DigiHorse (DIGI) as analysts predict it will outperform during the upcoming alt season with unprecedented metrics. Both its forthcoming Web3 horse game and the native token, DIGI, are set to be revolutionary.
While the attraction to DIGI is high, it’s a different story for NOT and XRP, as large investors, also known as whales, are exiting, as indicated by on-chain metrics.
Despite Increased Trading Activity, Investors Aren’t Convinced by NOT
At press time, the 4-hour chart of NOT indicates it is trading within a bearish pattern, suggesting that NOT is likely to fall below the 0.0085239 point, a critical support level.
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Analysts state that the increased trading volume isn’t compelling. This perspective is supported by a technical rule that expects the price of an asset to fall if there’s increased trading volume without corresponding price support. This situation has led investors to seek better alternatives.
Whales Accumulate XRP But Don’t Reflect On Price Action
Reports indicate a growing number of activities involving XRP, with an increasing number of whale holders—investors who hold large amounts of a token. Typically, this would be a bullish signal; however, that isn’t the case for XRP.
The chart pattern suggests otherwise—that whales’ gradual accumulation of XRP has yet to influence its price action. Currently, it is trading within a minor regression channel, reacting off the support level. If this channel is broken, then the impact of whale activities might become more apparent.
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Optimism for DigiHorse (DIGI) Reaches an All-time High, Analysts Enthused
Optimism among analysts and investors has notably increased following the success of the first presales, which generated $150,000 in record time. Going forward, analysts expect this to be replicated with phase 2, currently priced at $0.004567 and expected to yield a 1542% return on the day of launch.
Moreover, recent developments indicate that $120,000 worth of DIGI has been sold in this phase 2, accounting for 26,353,734 units sold within five days.
With 24 days remaining in this phase, analysts expect it to conclude sooner, as they anticipate the upcoming altcoin season will be a crucial factor. Should this season begin, phase 2 could close within weeks.
Beyond the DIGI token, there are more use cases attached to DigiHorse that investors find attractive.
First off, the DigiHorse game is under development and is designed to address concerns associated with other popular Web3 gaming platforms like Zed Run, DeRace, and Crown, while adding unique features and benefits that position it as the leading Web3 horse gaming platform.
Additionally, several partnerships are expected to go live once DigiHorse launches. It’s rumored that DigiHorse will partner with top NFT sites, including OpenSea, to add more layers of utility for users, as well as rumored partnerships with Web3 gambling sites, to allow users to bet on horse races in DigiHorse’s game.
The numerous benefits have renewed investor interest in DIGI. To learn more about DigiHorse and join the DIGI presale, Visit:
Website: https://digihorseempires.io
Socials: https://linktr.ee/digihorseempires
