$100 Million Invested Within Days! Traders MASSIVELY Accumulate These Crypto Tokens
Release: 2024/12/26 06:24 Reading: 689
Whales Continue to Acquire XRP; Over $36 Million Raised in New Crypto Presale
Popular trader Ali Martinez reports that whales have added 60 million XRP to their holdings within the past 48 hours. At the time of writing, XRP is trading at around $2.30, a 2.5% decrease from the previous week.
XRP Whale Accumulation Trends
Throughout December, market data reveals compelling patterns in whale behavior. Whale wallets holding between 1,000,000 and 10,000,000 XRP have consistently increased their positions, especially during the early December rally.
Martinez's chart illustrates an upward trajectory in whale holdings, indicating unwavering confidence despite price volatility. Even during price corrections, whale holdings remained relatively stable.
Correlation with Price Movement
Whale activity has a strong correlation with price movement. The initial whale accumulation surge coincided with the XRP price rally, suggesting that these accumulations contributed to upward momentum. Notably, whale holdings did not significantly decline during price corrections.
On December 24-25, whale holdings reached their highest levels, with the latest 60 million XRP accumulation within 48 hours reinforcing this trend.
Wall Street Pepe Presale Raises $36 Million
Within days of its launch, the new crypto presale Wall Street Pepe has raised over $36 million. The platform is geared towards retail traders, providing tools and insights typically reserved for institutional investors.
The presale for Wall Street Pepe's native token, WEPE, has been particularly successful due to several key features:
- WEPE Army: A community-driven platform for retail trader collaboration and strategy sharing.
- VIP Club: Trading competitions with a substantial reward pool allocated from the total WEPE token supply.
- Straightforward Tokenomics: A maximum supply of 200 billion WEPE tokens.
Investors can participate in the presale using Ethereum (ETH), Tether (USDT), or fiat currencies through popular digital wallets. The project anticipates concluding the presale phase in early 2025 and implementing a token claim system.
Outlook
With over $100 million recently invested in XRP and Wall Street Pepe, the market signals potential for growth in the first few months of 2025.
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