- Ethereum whales have lately been accumulating a competitor of Ethereum (ETH) and they have also sold Shiba Inu (SHIB).
- Fantom (FTM) has been among the top ten most purchased tokens by top 100 ETH wallet holders this week, highlighting the data.
- The current price of Fantom is $1.38 and stands at the forty-third position by market cap, which is $3,523,159,333.
According to a significant whale tracking platform, Ethereum whales have lately been accumulating a competitor of Ethereum (ETH), which has witnessed a price decrease in the previous month.
According to WhaleStats data, it highlights that Fantom (FTM) has been among the top ten most purchased tokens by top 100 ETH wallet holders this week.
At the time of writing, the price of this significant ETH competitor is $1.38 and stands at the forty-third position by market cap, which is $3,523,159,333.
They are also selling the popular meme coin
Apart from this the WhaleStats data also signifies that the top 100 ETH addresses have been selling the Dogecoin competitor Shiba Inu (SHIB),
Shiba Inu (SHIB) is currently trading at $0.00002466 with a market cap of $13,540,787,750. This popular meme coin maintains a position among the top 15 cryptocurrencies by market cap. The Shiba token is widely considered an alternative to Dogecoin, “the Dogecoin Killer,” as its proponents and its website claim it to be.
Currently, there are 89,651 active holders of the Fantom coin according to Etherscan.
Fantom is a smart contract platform that uses its own bespoke consensus algorithm to offer De-fi services to developers, it also facilitates dApps and enterprise applications. It is powered by its native token FTM. Its blockchain is quite faster and cheaper. And has become quite popular among crypto enthusiasts.
Nancy J. Allen is a crypto enthusiast, with a major in macroeconomics and minor in business statistics. She believes that cryptocurrencies inspire people to be their own banks, and step aside from traditional monetary exchange systems. She is also intrigued by blockchain technology and its functioning. She frequently researches, and posts content on the top altcoins, their theoretical working principles and technical price predictions.