Recently, it's become a concern that crypto whales can manipulate the market. Does this apply to altcoins only, or can these crypto whales manipulate all coins, including those with a higher market cap?
Coins that are easily manipulated by crypto whales are those coins that the vast majority of them are in their custody and they can easily have effect on them anytime they want, whether on the bullish side or bearish side. Coins with high market cap are not easily manipulated as it has already being circulated more amongst investors and the majority of them cannot be manipulated just by an entity or a claimed crypto whale. Altcoins are easily more manipulated but those with higher market cap are not mostly found in that category and cannot be manipulated easily. The decentralized nature of most of this coins are what have made them to have so much vulnerability to being controlled by a person or a group of proclaimed whales who most times happen to be the owner of the projects and always wanting to make profits for themselves as they can control the market price of it.