In addition to accumulating established cryptocurrencies such as Ethereum (ETH), Solana (SOL), and XRP, the crypto whale is also known for hunting new coins like RCO Finance (RCOF).
In addition to accumulating established cryptocurrencies such as Ethereum (ETH), Solana (SOL), and XRP, altcoin whales are also known to hunt new coins such as: RCO Finance (RCOF).
One example is Friend.tech whale. Recently, more than 55,000 newly minted FRIEND tokens were previously accumulated. Offload token airdrops after launching them.
Let's take a closer look at recent whale activity and explore RCOF's potential in this dynamic landscape.
Crypto whales: Ethereum (ETH), Solana (SOL), and XRP on the move
Whale Alert, a leading tracker of large-scale crypto transactions, has been buzzing with notable activity lately.
Ethereum (ETH), the second largest cryptocurrency by market capitalization, saw massive transfers amounting to 30,111 ETH between various wallets.
This included two transfers from Coinbase Institutional to private wallets (totaling 15,402 ETH), suggesting a potential accumulation or distribution strategy by institutional investors.
moreover, Anonymous wallet transfers 11,192 ETH to Coinbasepotentially indicating a move to liquidate holdings or enter the market.
Solana (SOL), a rising star in the cryptocurrency industry, witnessed massive transactions where over 23 million SOL tokens were bought and sold. Two transfers were notable. 1 item is 11,000,000 sol And another related matter 11,075,965 sol. Both transfers originated from unknown wallets and were sent to undisclosed recipients, increasing speculation about the motives behind these large-scale movements.
Significant moves like this often cause a change in market sentiment, and investors are closely monitoring what happens next. sol price action.
XRP has also experienced notable moves. 30,230,000 tokens transferred From unknown wallets to Bitstamp, one of the leading cryptocurrency exchanges.
This large transfer raises questions about whether it is a strategic move by large investors to cash out or an injection of liquidity into exchanges for trading purposes.
Given XRP's recent legal battles and regulatory uncertainties, such a big move could have a significant impact on market sentiment and price fluctuations.
These movements indicate significant activity among large holders, suggesting strategic accumulation or distribution strategies, and recent developments could directly impact RCOF.
RCO Finance (RCOF) features likely to attract altcoin whales
At the center of the RCO Finance (RCOF) The service allows users to directly purchase stocks and real world assets (RWA) using cryptocurrencies, bypassing the complexities of converting them to fiat currency.
RCO Finance focuses on democratizing investment opportunities, providing users with direct ownership, process simplification, cost savings, and transparency.
In addition to providing an AI-based DeFi trading platform, RCO Finance guarantees a portion of the revenue to holders of its native token, RCOF. Larger token holders are entitled to higher dividends and may attract crypto whales.
of RCOF token presale has already attracted attention and raised $75,000. At this stage, his 5.94% of RCOF tokens have been sold. $0.0127 per piece.
The price of RCOF token is expected to rise to $0.0343 in the next pre-sale phase, so whales could easily jump on the subsequent pre-sale phase to take advantage of the price increase.
conclusion
As established altcoins such as Ethereum, Solana, and XRP witness a surge in whale activity, a new DeFi gem called RCO Finance (RCOF) has emerged as a contender for crypto whales. There is.
RCO Finance’s unique features (such as direct asset purchases and revenue sharing through its native token) could attract whales in the presale, especially given the expected token price.
For more information on the RCO Finance presale, please see below.
Source: www.the-blockchain.com
