Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Cardano, Shiba Inu, and JasmyCoin see substantial whale accumulation, with $100k+ transactions more than doubling this week compared to the 2024 average.
Following the recent market recovery, certain altcoins have attracted buyers, with wealthy investors starting to accumulate these assets in anticipation of potential price surges.
Cardano (ADA), Shiba Inu (SHIB), and JasmyCoin (JASMY) are experiencing notable price increases, seemingly driven by heightened whale activity.
Whales Accumulate
This week, transactions surpassing $100k on these networks have more than doubled compared to their average figures for 2024, indicating a significant accumulation phase.
Santiment’s latest analysis reveals that the surge in large transactions signals increased interest from large-scale investors, fueling the upward momentum in prices for these cryptocurrencies.
This development occurs amidst a heightened accumulation of specific digital assets. As investors step up their purchases, demand rises, typically prompting a price increase.Despite Cardano’s price being stagnant below $0.46, it has witnessed a surge in whale accumulation.
Similarly, the popular meme coin Shiba Inu is experiencing a vigorous accumulation spree. On June 5th, a single whale purchased 715.9 billion SHIB tokens within a span of just six hours.
Shortly after, Lookonchain identified another notable whale activity, this time involving 9 wallets. Two of these wallets, identified as whales, collectively spent over $35 million to acquire a massive 1.356 trillion SHIB tokens.
This accumulation, executed at an average price of $0.00002596 per token, reflects a bullish sentiment among these whales regarding the future trajectory of SHIB.
Apple Incident Sparks Rally in JASMY
Meanwhile, JasmyCoin emerged as one of the top-performing cryptocurrencies last week, spurred by a misinterpreted announcement from Apple.
When Apple announced its intention to integrate Japan’s My Number feature into its iPhones, investors mistakenly believed that JasmyCoin was involved in this endeavor.
However, the truth is that JasmyCoin is an Ethereum-based ERC-20 token that prioritizes privacy and data security features. This misunderstanding caused a surge in JasmyCoin’s price, pushing it above $0.038 and leading to weekly gains of over 50%.
To have the best trading experience with us, open an account at Longhorn
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus
