A lot of us are confused about the whales behind the altcoin blockchain, for the fact that the ethereum blockchain brought with it the ability for any programmer to make change to the blockchain which has given birth to several developments and new coins, tokens creation so the question is who are the whales behind the altcoin market development.
blown out.
99% of the work on alts is done done by whales but just straight up scammers. All of these coins are mostly just copy/paste and clone coins or tokens. There is no need for them. That's who the whales are...scammers.