Whales Seize Market Dips to Accumulate Sui, Bittensor and New Presale Token Rollblock

In a likely strategic move, whale investors are seizing opportunities during recent market dips, especially in Sui and Bittensor. A new altcoin currently in its presale is also seeing heavy whale investment as its low entry point continues to see large gains.

Recent market dips have presented opportunities for whale investors, who are accumulating vast sums in particular cryptocurrencies. While Sui and Bittensor are seeing whale interest due to their performance and potential in Layer-1 and decentralized AI, respectively, a new altcoin is also emerging on the scene.

As described in a previous report by鲸鱼统计, several cryptocurrencies are seeing significant whale purchases, indicating rising confidence in these tokens. But what exactly are whales buying?

Sui, currently trading at $1.87, has managed to maintain its appeal as other Layer-1 tokens, like Solana and Polygon, face selling pressure. However, on-chain transactions show big investors capitalizing on price dips to accumulate Sui tokens.

Despite being priced at $1.87, Sui has seen a 9.33% increase over the past week, showing resilience in a market that’s largely trading sideways. The Layer-1 token has also seen some interesting developments, with the launch of SpringSui, a community-driven initiative to deploy decentralized applications on the Sui blockchain.

This initiative has seen developers launch various dApps, including decentralized exchanges, NFT marketplaces, and metaverse projects, all in a bid to expand the Sui ecosystem and attract users. With SpringSui set to continue for the next two months, we can expect to see more decentralized applications coming online and potentially driving demand for Sui tokens.

Countering the Trend: Whales Buy the Dip in Bittensor (BSR)

While most crypto whales are battered down on established Layer-1 tokens, they appear to be capitalizing on Bittensor’s recent dip as demand for decentralized AI technology continues to grow.

The project is building a decentralized, blockchain-based infrastructure specifically for artificial intelligence, which has seen many viewing Bittensor as a promising long-term asset. Despite the project’s native token, BSR, decreasing in value by 16.61% over the last week to reach $424.58, this hasn’t deterred whales from buying in.

In fact, Bittensor has seen a lot of steam rolling into 2023, with the project’s decentralized AI Web3 service being used to power various use cases, including decentralized autonomous organizations and NFT collections.

One notable example is the Mutant Ape Planet NFT collection, which is using Bittensor to generate unique AI mutants for holders of the NFT collection. This integration has brought a lot of attention to Bittensor, especially among NFT enthusiasts and crypto whales who are also keeping an eye on the latest trends in Web3 and decentralized technology.

With Bittensor’s native token having already rallied by 1,000% in 2023 and set to continue rising as the project expands its use cases and partnerships, it’s no surprise that whales are eager to get their hands on BSR tokens before they become too expensive.

After all, Bittensor is aiming to become the go-to decentralized infrastructure for artificial intelligence, opening up a vast market of possibilities.output = As crypto whales continue to navigate the bear market, seeking out promising assets for investment, they are showing a keen interest in acquiring tokens of several promising projects.

Two cryptocurrencies that have managed to capture the attention of whales are Sui and Bittensor, thanks to their potential in the Layer-1 and decentralized AI sectors, respectively. However, beyond these established projects, a new altcoin is also making waves and attracting whale investment.

According to a recent report by 鲸鱼统计, several cryptocurrencies are seeing massive whale purchases, indicating rising confidence in these tokens. But what exactly are whales buying?

Sui, currently trading at $1.87, has managed to maintain its appeal as other Layer-1 tokens, such as Solana and Polygon, face selling pressure. However, on-chain transactions show big investors capitalizing on price dips to accumulate Sui tokens.

Despite being priced at $1.87, Sui has seen a 9.33% increase over the past week, showing resilience in a market that is largely trading sideways. The Layer-1 token has also seen some interesting developments, with the launch of SpringSui, a community-driven initiative to deploy decentralized applications on the Sui blockchain.

This initiative has seen developers launch various dApps, including decentralized exchanges, NFT marketplaces, and metaverse projects, all in a bid to expand the Sui ecosystem and attract users.

With SpringSui set to continue for the next two months, we can expect to see more decentralized applications coming online and potentially driving demand for Sui tokens.

Counter to the Trend: Whales Buy the Dip in Bittensor (BSR)

While most crypto whales are piling into established Layer-1 tokens, they appear to be capitalizing on Bittensor’s recent dip as demand for decentralized AI technology continues to grow.

The project is building a decentralized, blockchain-based infrastructure specifically

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