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Altcoin

Crypto Whales Are Aping Into a New Ethereum Altcoin, a Top Gaming Asset and a Surging ETH Scaling Solution

The wealthiest wallets within the crypto world are turning their consideration to the brand new child on the block in a large means.

The transaction-tracking bot at WhaleStats reports that probably the most traded crypto asset by quantity over the previous 24 hours is ApeCoin (APE).

The Ethereum-based undertaking was created by the founders of the favored Bored Ape Yacht Club (BAYC), with the APE governance token serving to facilitate the workings of ApeCoin’s community-run decentralized autonomous group (DAO).

WhaleStats reveals that the whales purchased a mean of 6,540 APE tokens for $86,996 over the previous day. In a 7-day interval, the whales spent $613,893 for 48,363 APE.

ApeCoin was the highest whale altcoin over the previous week after stablecoins and Ethereum (ETH).

Source: WhaleStats

Also common amongst crypto’s richest wallets within the final day is the play-to-earn metaverse token Gala Games (GALA). The whales tucked away a mean of 330,158 GALA for a price of $82,704.

Whales are additionally pouncing is layer-2, zero-knowledge (ZK) rollups protocol Loopring (LRC).

WhaleStats has Loopring ranked seventh prior to now 24 hours with a mean buy of $52,839 for 48,161 LRC tokens.

Source: WhaleStats

The transaction tracker additionally took to Twitter to spotlight a few of the largest latest crypto buys:

  • One whale bought 10,763,187 GALA tokens for $2,722,795.
  • Another whale nabbed over 200 billion of meme coin Shiba Inu (SHIB) for $4,944,498.
  • An ETH whale grabbed a cool 700,000 of layer-2 scaling resolution Polygon (MATIC) for $1,134,000.
  • A whale bought 2,750,000 of enterprise-grade blockchain platform Fantom (FTM) for $3,630,000.

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Featured Image: Shutterstock/monkographic/GrandeDuc/Natalia Siiatovskaia

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