Renowned pseudonymous crypto trader Immortal has forecasted the imminent onset of the second phase of this bull market cycle, hinting at a market-wide surge. Immortal, a prominent voice in the crypto community, confidently stated, “everything will go up again,” and pointed to the Federal Reserve's anticipated rate cut as the likely catalyst for the next bull run.

Amid this bullish sentiment, three altcoins—Dogecoin (DOGE), Arbitrum (ARB), and KangaMoon (KANG)—are gaining significant attention from whales, suggesting they could deliver substantial returns.

Dogecoin (DOGE): The Silver to Bitcoin's Gold

According to data from Santiment, Dogecoin has seen a significant increase in whale accumulation over the past week. Prominent crypto analyst Ali Martinez highlighted a Santiment chart revealing that whales have purchased over 200 million DOGE since May 30. This surge in whale activity suggests that Dogecoin is positioned for a significant price pump.

Cole Garner, another well-known crypto analyst, likened Dogecoin to silver in comparison to Bitcoin’s gold. Technical analysis supports the potential for a major price increase, with predictions suggesting DOGE could soar from its current price of $0.16 to as high as $1 during this bull cycle.

Arbitrum (ARB): Rising Whale Activity on Ethereum's Layer Two

Arbitrum, a leading layer two network on Ethereum, has also attracted substantial whale interest. IntoTheBlock’s Large Transactions trends indicate that the daily number of Arbitrum transactions exceeding $100,000 has surged by almost 80% this June. This increase in large transactions coincides with Arbitrum crossing a critical resistance level at $1.13.

The rising whale activity suggests that Arbitrum’s price could be poised for a significant increase. If ARB can clear the next resistance level at $1.50, it has the potential to reach a new all-time high above $3, particularly as Ethereum itself continues to gain momentum.

KangaMoon (KANG): A Revolutionary Platform Combining GameFi and SocialFi

KangaMoon has emerged as a standout in the altcoin market, drawing massive attention from whales during its presale. The KANG token presale has raised over $8 million, nearing the $10 million milestone. This influx of investment is driven by KangaMoon’s innovative platform, which merges GameFi and SocialFi to create a vibrant community for meme enthusiasts.

KangaMoon’s platform offers users the opportunity to participate in various gaming adventures, earning KANG tokens and other rewards. What sets KangaMoon apart from other GameFi platforms is its SocialFi system, which rewards users based on their activity levels within the ecosystem. This unique feature has attracted a large user base, and the announcement that KANG will soon be listed on the BitMart exchange has further fueled excitement.

Currently priced at $0.025, KANG has already seen a 400% increase, but market experts believe this is just the beginning. With price targets of $2 set for this bull cycle, now could be the optimal time to invest in KangaMoon, with only 16% left before the conclusion of the bonus stage.

Conclusion

As the crypto market prepares for the next leg of the bull cycle, Dogecoin, Arbitrum, and KangaMoon are emerging as top altcoins to watch, driven by significant whale activity and strong fundamentals. While all three are expected to see substantial price increases, KangaMoon stands out with its innovative ecosystem, positioning it as a potential leader in the next wave of crypto investments.