xyzver​​se (xyz) has just been caught by a long-term polygon whale

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A major cryptocurrency holder has cleared most of its polygonal (Crypto:Matic) tokens and has used some of its funds to make large-scale investments in the new stage of Xyzverse (Crypto:XYZ) Presale.

Here are what happened, and new tokens with a sports-themed ones designed to bring huge gains to early investors.

Also Read: 3 Cryptocurrencies with Huge Growth Potential

Events pass

An unknown whale, once the main holder of polygon tokens, has sold a large number of coins and moved to new cryptocurrencies associated with POLs in the past five years.

The new token is XYZ, used to fund the development of the new community-oriented token project Xyzverse.

The project is heating up quickly, raising more than $13 million toward ambitious goals.

Driven by passion from sports enthusiasts, XYZ is known as the "Best New Meme Project". It also receives a detailed roadmap and strong community support.

Those who join early in the pre-sale will be able to buy XYZ tokens at discounted prices.

The token price offered in the first phase of the pre-sale is 0.0125 USDT. But then the price will rise at each stage.

As pre-sale advances, XYZ will be available on major CEXs and DEXs.

Importance: The goal of investing in the pre-sale phase is to gain huge gains from the initial price.

XYZ aims to provide 1000 times the return for early investors.

The project also plans to donate to charities and establish a sports academy in Southeast Asia.

Those who invest in the pre-sale stage will be able to buy XYZ tokens at discounted prices. The token price offered in the first phase of the pre-sale is 0.0125 USDT. But then the price will rise at each stage.

As pre-sale advances, XYZ will be available on major CEXs and DEXs.

POL's popularity is due to its low cost and high efficiency, Polygon (Crypto:Matic) is a layer 2 scaling solution designed to increase the efficiency of the Ethereum (Crypto:ETH) network.

Recently, the local token of polygons POL shows interesting price fluctuations. The coin has dropped slightly by 3.21% over the past week and is currently trading between $0.22 and $0.24.

But in a broader monthly perspective, POL showed a more significant rebound, up 21.93%. Despite this short-term growth, the coin has dropped by 23.38% over the past six months, highlighting the volatility of the broader cryptocurrency market.

Technical Analysis: Technical indicators show that the key resistance levels of POL are $0.26 and $0.28. Breakthroughs beyond these levels may indicate bullishness.

In terms of support, prices may find support at $0.21 and $0.19.

The 10-day simple moving average is $0.23, while the 100-day SMA is slightly above $0.24, indicating a neutral attitude towards bullish price trends.

The relative intensity index is 53.70, and the random %k is higher at 91.17. High random values ​​may indicate that the market is overheated.

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