There are a number of strategies that anyone can follow in their endeavor to invest in crypto. But one approach that often seems to work is to chase the big money. When large wallet investors are loading a fixed asset, so should you. Here’s why:
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Whales do not often engage in speculative short-term trading.
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Large wallets also buy assets that have great long-term value.
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Whales can also learn something you don’t know about a given asset.
For those who are serious about following Whale Money, the following top 3 coins should be a great place to start:
Ethereum (ETH)
Ethereum (ETH) It is the second largest cryptocurrency, and it is no surprise that a lot of big wallets will be interested in it. In fact, during the past few weeks, when ETH was down significantly, we saw more and more whales buying it.
Data Source: Tradingview
The reason for this is actually very simple. Ethereum has staying power. This is a property that will be here with us for a very long time. There have also been many new developments with the Ethereum 2.0 project. This could bring more value to the Ethereum ecosystem in the long run.
Dogecoin (DOGE)
Meme coins with whales are also quite popular. But unlike new coins that are still struggling for legitimacy, Dogecoin (DOGE) Been here for years. It certainly has had its highs and lows. But despite this, DOGE has become one of the most important crypto assets. So it is not surprising to see a lot of whale accumulation here.
Binance Coin (BNB)
Binance Coin (BNB) Binance is the main crypto for the exchange, which is one of the largest crypto trading platforms in the world. Like the two coins we listed above, BNB has a lot of validity and staying power. This is because it is associated with a serious and strategic business within crypto.