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Will Izuchukwu

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Top 7 Token Unlocks Coming Up This Week: Key Tokens To Watch

As per data from Cryptorank, the upcoming week will see several significant token unlocks. Here are the top seven tokens set to be unlocked, ranked by the largest amounts: - SPACE ID ($ID) – $28.85 million - Worldcoin ($WLD) – $7.67 million - Yield Guild Games ($YGG) – $4.93 million - Maverick Protocol ($MAV) – $3.39 million - NFPrompt ($NFP)– $2.26 million - ECOx ($ECOx)– $1.95 million - Radworks ($RAD) – $1.77 million. https://twitter.com/CryptoRank_io/status/1838164633154093463?t=U9pwm4mVM08rB9GZNOCdSg&s=19 Space ID Token Unlock Information  One of the most notable unlocks is SPACE ID. Just an hour and a half ago, 61.53 million $ID tokens, valued at $23.77 million, were unlocked and distributed to 60 addresses belonging to team members and investors. https://twitter.com/EmberCN/status/1838149165400166601 The unlock schedule for SPACE ID occurs once every quarter, and Binance Labs has emerged as a major recipient of these tokens. Since […]

Will Izuchukwu September 24, 2024

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Recent Surge In $wTAO: What You Need To Know

In the past week, $wTAO has seen a staggering increase of over 100%. This token has consistently ranked among the favorites for Smart Money investors. Recently, a significant influx of investment was noted as whales purchased approximately 2,100 $wTAO, amounting to around $1.05 million within a single day. https://twitter.com/iCryptoAI/status/1838113289848729733?t=zzDHJh6ZsJCnjnc0Hm0AJA&s=19 Despite this surge in buying activity, it seems that Smart Dex Traders are leaning towards selling their $wTAO holdings. Top Picks from Elite Traders (September 23, 2024) Here’s a roundup of the top 10 tokens that "smart money" is currently focusing on: - $AAVE: $1.10 million in buy volume - $MNT: $76.4 thousand in buy volume - $MKR: $441.4 thousand in buy volume - $basedAI: $70.8 thousand in buy volume - $wTAO: $837.7 thousand in buy volume - $TERMINUS: $55.7 thousand in buy volume - $DEAI: $41.7 thousand in buy volume […]

Will Izuchukwu September 24, 2024

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Whale Makes Waves: $200,000 Profit From Altcoin Liquidation

In an impressive turn of events, a crypto whale recently liquidated $3.2 million worth of altcoins, raking in a profit of $200,000 within just seven hours. The trader focused on three key tokens: $PEPE, $FLOKI, and $WLD. Breaking down the gains, the whale invested in $PEPE at a cost of $0.00000741, netting a remarkable $110,000 profit. Meanwhile, $FLOKI, purchased at $0.0001194, contributed an additional $45,000 to the total. The $WLD token, acquired at $1.43, added $44,000 to the haul. https://twitter.com/ai_9684xtpa/status/1836763239738413420 Despite facing some losses during this rapid trading period, the whale held firm, anticipating a strategic opportunity tied to the Federal Reserve's interest rate decisions. This patience paid off when the market rebounded, allowing for a timely exit. 44 Tokens In Top 300 Have Outperformed Bitcoin This Year  According to Famexglobal, only 44 tokens in the CoinMarketCap Top 300 have […]

Will Izuchukwu September 23, 2024

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Wintermute Wallet Receives $3.16M In API3, Sparks Sell-Off Speculation

Earlier today, an address linked to Wintermute received 2 million API3 tokens, valued at approximately $3.16 million, from the API3 staking address. This transaction has raised eyebrows in the crypto community, as past activity suggests a potential sell-off may be imminent. Historical transaction records show a consistent pattern: whenever this specific wallet receives API3 tokens, the funds are subsequently sent to the Kraken exchange, leading many to believe a sale may follow. Over the last six months, this address has received and transferred around $4.42 million worth of API3 tokens to the exchange, further fueling speculation of a sell strategy. https://twitter.com/ai_9684xtpa/status/1836766936610595186 API3’s price movement has been relatively positive over the past week, with the token gaining 12% in value. However, today saw a slight 2% dip, which has left some investors wary of whether further declines could be on the […]

Will Izuchukwu September 23, 2024

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STP Network Sees 47% Surge, Whale Activity Spikes Amid New Developments

Over the weekend, STP Network, currently ranked #349 by market cap, experienced a massive 47% price pump on Sunday. This rapid surge in value was accompanied by a significant uptick in on-chain activity, signaling heightened interest from investors. https://twitter.com/santimentfeed/status/1836173634572030363?t=3PhbWW-byhr7_kaJjrcTxw&s=19 Within just one hour of the pump, 91 active addresses were recorded—the highest since September 2023. Additionally, there were nine whale transactions valued at over $100K each, the most seen since January 2024. This sudden increase in whale activity and address involvement is often a strong indicator of profit-taking by large stakeholders, especially in the hours following a price spike. Such behavior is common in altcoins outside of the top 100, where volatility often leads to quick movements from key players. Major Announcement From STP  Interestingly, this surge in activity followed a major announcement from STP Network. The platform recently introduced […]

Will Izuchukwu September 20, 2024

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Smart Dex Traders Boost $WOJAK Investments Amid Growing Interest

Over the past few days, Smart Dex Traders (SDTs) have ramped up their investments in $WOJAK, signaling growing confidence in the token. Two days ago, wallet 0x7c7e made a significant move, purchasing 98.98 million $WOJAK, worth $55.2K, at an average price of $0.0000355 per token. Additionally, in the past 24 hours, wallet 0xd4e3, associated with @DankBankHQ, made its first-ever $WOJAK purchase, buying 166.71 million tokens for $95.6K. This debut investment adds another notable backer to the $WOJAK fold. https://twitter.com/iCryptoAI/status/1836310564467020042?t=xeUw4d32E3jQrUOmLOFl7g&s=19 Currently, $WOJAK continues to be viewed as a hidden gem among SDTs, with attractive entry points for those looking to capitalize on its potential. More Traders Buys Additional $WOJAK Last week, another seasoned SDT, known for trading 17 different tokens with a 58.82% success rate, made a bold move by acquiring 315.4 million $WOJAK for $173.4K. This marked the trader's first […]

Will Izuchukwu September 20, 2024

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Polymarket Surpasses $1 Billion In Trading Volume As Prediction Markets Gain Momentum

In the third quarter, Polymarket’s trading volume surged past the $1 billion mark, driven by the increasing popularity of Web3 prediction markets. The platform’s US presidential prediction market alone has seen an inflow of nearly $1 billion, as users bet on potential election outcomes. https://twitter.com/tokenterminal/status/1835361779242688583?t=G8GA6ICnKJLUAsgGKyboQg&s=19 Prediction markets are becoming a focal point in Web3, with platforms like Polymarket leading the charge. While Polymarket holds the largest share of the market, competitors like Azuro and Drift (BET) are also making waves. Azuro, for example, focuses primarily on sports betting and operates as an infrastructure layer that allows users to contribute to liquidity pools in exchange for earning APY. Drift’s BET, on the other hand, is a decentralized exchange (DEX) that has recently added prediction market features, leveraging the existing liquidity from its perpetual futures platform on Solana. https://twitter.com/cryptocom_rni/status/1835591506461352056?t=B3khqWhqC8McGs2ngerjeg&s=19 Polymarket's Success Has […]

Will Izuchukwu September 18, 2024

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DeltaPrime Blue On Arbitrum Hacked, $5.98M Drained Due To Compromised Private Key

In the early hours of the morning (6:14 AM CET), DeltaPrime Blue on Arbitrum was the victim of a significant security breach, resulting in the theft of $5.98 million. The hack was made possible due to a compromised private key, though the exact source of the breach is still under investigation. https://twitter.com/DeltaPrimeDefi/status/1835603279369125893?t=6_uAltZW2Bk7uGCiDoqT-w&s=19 Thankfully, DeltaPrime Red on Avalanche remains unaffected, as its implementation relies solely on multisignature wallets and cold storage, offering more robust protection. The DeltaPrime team has assured the community that the risk has been contained, and they are actively collaborating with @DeltaPrimeDefi to investigate the attack and recover the stolen assets. The attack primarily targeted DeltaPrime’s liquidity pools, including #DPUSDC, #DPARB, #DPWETH, and #DPBTCb, all of which were drained. Initial estimates placed the loss at $4.5 million, but updated calculations now confirm the figure at $5.98 million. https://twitter.com/CyversAlerts/status/1835568466901766208?t=THt66wQN3DskuFb55_7gfA&s=19 […]

Will Izuchukwu September 18, 2024

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Fiat-Backed Stablecoins Surge In 2024: A Market Overview

The performance of fiat-backed stablecoins in 2024 has been notable, with the market cap of the top 10 stablecoins reaching $161.2 billion. This marks a 35.4% growth from the $119.1 billion seen in 2023, though it still falls short of the $181.7 billion peak recorded in 2021. Tether ($USDT) continues to dominate the stablecoin market, boasting a massive market cap of $114.4 billion, which accounts for 70.3% of the total stablecoin market share. Its significant lead shows Tether’s continued strength as the go-to option for stablecoin users. Following $USDT is USD Coin ($USDC), with a market cap of $33.3 billion. However, $USDC has experienced a gradual decline in its market share, a trend that began during the U.S. banking crisis in March 2023. Despite this, it remains the second-largest stablecoin by market capitalization. https://twitter.com/coingecko/status/1834216759106449477?t=HwqRyFJXAdPjs2rzoEqQSQ&s=19 The third largest player in the […]

Will Izuchukwu September 14, 2024

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Upcoming Token Unlocks In The Gaming Sector: Key Projects To Watch

The gaming industry is on the cusp of notable transformations this month, with several prominent tokens set to experience significant unlocks. Key tokens to keep an eye on are $PIXEL, $XAI, $YGG, $APE, and $IMX, all of which will see a considerable increase in their circulating supply in the coming weeks. For $PIXEL, this month’s unlock represents 7.05% of its circulating supply, amounting to approximately $7.14 million. Over the next six months, $PIXEL will release 47.09% of its total supply, with a staggering 118.04% scheduled for the year ahead. Similarly, $XAI will see 6.40% of its circulating supply unlocked this month, equating to around $6.54 million. Looking forward, $XAI plans to unlock 37.43% in the next six months and 73.10% within the year. Yield Guild Games ($YGG) will release 3.70% of its circulating supply this month, about $5.48 million. Over […]

Will Izuchukwu September 14, 2024

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