The altcoin basket of whales, which has an important place in the crypto money market, is a serious curiosity. Whales are wallets that hold large numbers of coins of a particular cryptocurrency. There is no “official” threshold for being considered a whale, but when it comes to BTC, the most commonly used figure is 1,000. For altcoins, this number is usually much higher as their market cap is significantly lower than Bitcoin.
Which ones do whales have in their altcoin basket?
It is stated that the first stop of cryptocurrency analysts is usually Filecoin (FIL). Filecoin is a decentralized storage system that aims to “store humanity’s most important information.” The FIL token is changing hands at $64.47 at the time of writing. The second most held altcoin by whales is Internet Computer (ICP). Internet Computer is the world’s first Blockchain running at web speed with unlimited capacity. ICP is changing hands at $46.65 at the time of writing.
Another coin held by cryptocurrency whales is the Smooth Love Potion (SLP). SLP, which changed hands at $0.07 at the time of writing, cryptocoin.com As we have also reported, it is earned by playing the Blockchain and NFT-based Axie Infinity game. Other coins in the whales’ basket are as follows: Bakery Token (BAKE), Auto (AUTO), Chliz (CHZ).
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