One easy way to know which cryptocurrencies are worth a buy right now is to know where the whales are putting their money into. As of the latest on-chain assessment, Shiba Inu (SHIB) and Polygon (MATIC) are leading the race.
Meanwhile, the presale token InsanityBets (IBET) is also gaining good traction. The new project ended February on a positive note after welcoming higher-than-expected demand during the month.
Shiba Inu (SHIB) Maintains its Legacy as a Whale Favorite
Whales have their favorites. Lucky for Shiba Inu (SHIB), it never left the list of the most-accumulated tokens by high-profile traders.
As of the latest charts, one whale account now holds 19 trillion SHIB with a current market value of $225 million. The recent update mitigated the meme token’s loss from the Silvergate volatility, with the price down by 0.60% to $0.00003412 as of the latest charts.
It has been a rough week for the dog coin. The price is off 9% in the 7-day charts and 7% in the 30-day timeline – many holders have flipped over upon the arrival of InsanityBets (IBET) due to better profit opportunities.
Still, the recent whale accumulation is expected to bring some upward momentum to Shiba Inu (SHIB), with the price still up 250.67% in the 90-day charts.
Polygon (MATIC) Also Spots Whale Activities
Aside from Shiba Inu (SHIB), Polygon (MATIC) is also a favorite of deep-pocket investors. One Ethereum whale has reportedly increased his MATIC holdings to 47 billion, with a current market value of $55 million.
Despite the recent news, Polygon’s price has declined nearly 4% to $1.12. The 7-day chart shows a wider loss margin of 9%.
Analysts said the crypto major will continue trading in a tight movement as the market takes necessary precautions to balance out the ongoing volatility.
Profit seekers are encouraged to look into newer projects like InsanityBets (IBET), a crypto gaming project everyone wants to get their hands on.
Why is InsanityBets (IBET) Selling Like Hotcakes?
Welcome to InsanityBets, the innovative platform where blockchain technology redefines the essence of online betting. Here, you’re not just another player in the game; you’re in control, transforming the traditional CasinoFi and GameFi experience into something entirely your own.
A Presale Opportunity Not to Miss: Imagine getting in on the ground floor with $IBET at only $0.001, then watching as it surges to $0.018. This isn’t fantasy—it’s the real potential for a 1700% gain, placing you miles ahead of the competition. The presale isn’t just about early access; it’s about engaging in a community poised for big wins and even bigger growth.
Fairness Is The Foundation: Thanks to the reliability of Chainlink VRF, fairness isn’t just a claim—it’s a fundamental aspect of every game. With InsanityBets, you can trust in the transparency and integrity of every play, every time.
Beyond Just Betting: The Insane Liquidity Pool ($ILP) turns your betting into a smart investment, with 90% of the house’s profits distributed back to the $ILP holders. Your passion for gaming now comes with the added thrill of real financial returns.
InsanityBets is where betting meets innovation, offering a platform that’s as rewarding as it is thrilling. Are you ready to be part of the future of online betting?
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The post Whales are Piling on Shiba Inu (SHIB), Polygon (MATIC), and InsanityBets (IBET) appeared first on Latest News and Insights on Blockchain, Cryptocurrency, and Investing.
