- Whale transactions for ADA, SHIB, and JASMY more than doubled in one week, signaling substantial accumulation.
- SHIB sees the highest trading volume increase among peers, with a 3900% surge in token burning.
- JASMY price spiked 58% this week, hitting a yearly high, with 80% of holders profiting.
Cardano (ADA), Shiba Inu (SHIB), and JasmyCoin (JASMY) are surging, each apparently triggered by a spike in whale interest. Large transactions exceeding $100,000 on each network have more than doubled this week compared to the 2024 average, suggesting accumulation.
#Cardano, #ShibaInu, and #Jasmy are all enjoying surges, each appearing to be triggered after a spike in whale interest. The amount of $100K+ transactions on each of these networks have all more than doubled this week compared to usual 2024 averages, signaling accumulation. pic.twitter.com/bz2Xtvf2Bx— Santiment (@santimentfeed) June 5, 2024
Cardano (ADA) Witnesses Moderate Gains
Following the uptick in whale transactions, Cardano’s price increased by approximately 2.58% in the last week. Despite the price increase, most ADA holders are experiencing losses, with a significant number still holding out …
The post Crypto Whales Are Buying These 3 Tokens: Cardano, Shiba Inu, and JasmyCoin appeared first on Coin Edition.