Dogecoin Most Purchased By Shiba Inu, Crypto Whale

As the global cryptocurrency market capitalization surpasses $1 trillion, retail investors ignite a recovery in the cryptocurrency market. While we did not see whale participation in the early days, recent data indicates that whales are now actively buying and trading crypto tokens.

Bitcoin and Ethereum are also witnessing a whale buildup as prices continue to rise. Bitcoin (BTC) is priced at $23,578 and Ethereum (ETH) is priced at $1,615.

Whales Accumulating These Crypto Tokens

According to WhaleStats, Shiba Inu (SHIB), Polygon (MATIC), and Decentraland (MANA) are the most used smart contracts and tokens amassed by the top Ethereum whales.

MATIC is one of the top 5000 most used smart contracts. ethereum whales in the last 24 hours, According to WhaleStatsThe Polygon (MATIC) network underwent an upgrade and hard fork in mid-January, easing gas price spikes and resolving chain restructuring issues.

Santiment reported that whales have purchased 59 million MATIC tokens worth $56 million. Whale was able to buy his MATIC just before the MATIC price jumped his 20%. At the time of writing, MATIC prices are trading at $1.19 and he is up 7% in the last 24 hours.

The Shiba Inu (SHIB) has been the subject of great speculation during the launch of Shibarium Beta. Shiba Inu lead developer Toshitoshi Kusama has hinted at launching Sibarium on his February 14th, Valentine’s Day. Kujira bought a Shiba Inu during the launch of Sibarium, although he was selling SHIB until December.

Shiba Inu is the most used smart contract and token bought by the top Ethereum whales in the last 24 hours. The SHIB price is trading at $0.00001204 and is up 2% over the last 24 hours.

The Decentraland (MANA) price has surged by more than 15% over the past 24 hours and is currently trading at $0.78. The project has seen an increase in development activity over the past few weeks.

Decentraland is the most used smart contract in the top 100 ethereum 24 hour whale. Additionally, MANA is the top 10 purchased token among the 100 largest tokens. ethereum Whales of the last 24 hours.

Top tokens purchased by DOGE, ADA, AAVE, BSC Whales

According to WhaleStats, BSC whales are Accumulate Dogecoin (DOGE), Cardano (ADA), and AAVE. These are the top 10 purchased tokens out of the 500 largest tokens. BSCMore Whales of the last 24 hours. AAVE returns to top 10 among 500 largest purchased tokens BSCMore whale after Urb V3 Launched on Ethereum.

read also: Legendary trader Peter Brandt predicts Bitcoin’s next move as it hits $23.5K

Varinder is a technical writer and editor, tech enthusiast, and analytical thinker. Fascinated by disruptive technologies, he has shared his knowledge on blockchain, cryptocurrencies, artificial intelligence and the Internet of Things. He has been in the blockchain and cryptocurrency industry for quite some time and currently covers all the latest updates and developments in the crypto industry.

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