Post
Topic
Board Altcoin Discussion
Re: Altcoin whales
by
the ghabbar
on 22/04/2022, 15:02:18 UTC
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.
In fact, what I see is that big whales don't really contribute much to altcoins, because these kinds of coins have a more volatile level of risk, usually whales prefer to bet on coins that have fundamentals and utility, such as bitcoin, ethereum or BNB, so far only small whales who often play on altcoins, so it is very difficult to know which whale is involved in altcoins, but it could be that this whale is a representation of the bitcoin whale