- Major cryptocurrencies have shown minimal price movement in recent months.
- Large investors (“whales”) are accumulating Bitcoin at a rapid pace.
- The lack of price movement creates uncertainty about the market’s future direction.
In a recent tweet, influential crypto analyst CryptoGodfatha highlighted the lackluster performance of several major cryptocurrencies since his predictions in March.
Prices largely unchanged on these since March (besides TON)$BTC – $71K$ETH – $3.8K$SOL – $170$TON – $7.43$WIF – $3.26$DOGE – $0.16$SUI – $1.12 https://t.co/HOtLX58SBE— Godfather (@CryptoGodfatha) June 6, 2024
On March 14, 2024, CryptoGodfatha tweeted a list of cryptocurrencies to watch in 2024, noting their then-current prices: Bitcoin at $73,000, Ethereum at $4,000, Solana at $165, Ston at $4.10, Wrapped Filecoin (WFIL) at $3.00, Dogecoin at $0.168, and Sui at $1.643. His message was succinct: “Eyes on these for 2024.”
In his latest tweet, CryptoGodfatha compared those prices to current values: Bitcoin at $71,000, Ethereum at $3,800, Solana at $170, Terra at $7.43, Wrapped Filecoin at $3.26, Dogecoin at $0.16, and Sui at $1.12. The comparison reveals minimal price…
The post Bitcoin Whales Stockpile Despite Lackluster Market Performance appeared first on Coin Edition.
Which stock should you buy in your very next trade?
With valuations skyrocketing in 2024, many investors are uneasy putting more money into stocks. Unsure where to invest next? Get access to our proven portfolios and discover high-potential opportunities.
In 2024 alone, ProPicks AI identified 2 stocks that surged over 150%, 4 additional stocks that leaped over 30%, and 3 more that climbed over 25%. That's an impressive track record.
With portfolios tailored for Dow stocks, S&P stocks, Tech stocks, and Mid Cap stocks, you can explore various wealth-building strategies.