The recovery process of Bitcoin $94,825 has not only garnered attention for the leading cryptocurrency but has also invigorated the altcoin market. The shift in interest from large investors toward specific tokens has strengthened expectations for the sector’s future, accompanied by significant increases in trading volumes.
Whales Target Select Coins
According to blockchain analyses, significant investors have recently shown considerable interest in VIRTUAL, Worldcoin (WLD), and GAME tokens. Data shared by Lookonchain indicates that a single investor purchased 2.53 million VIRTUAL tokens, valued at approximately 2.66 million dollars.
Such large-scale purchases clearly demonstrate investor confidence in these projects. Especially strong entries into relatively new projects like VIRTUAL showcase how the market evaluates growth potential.
This investor also added 1.48 million WLD tokens and 6.47 million GAME tokens to their portfolio. The prominence of Worldcoin’s identity verification projects and the expectations surrounding GAME in the Web3 gaming space influenced these choices.
The increase in interest across different sectors reveals that large investors are diversifying their portfolios rather than concentrating on a single area. This strategy suggests that long-term plans are being formulated within the market.
Altcoin Prices and Trading Volumes Surge
Market data shows that Worldcoin gained about 24% in value in the last 24 hours, rising to 1.17 dollars. VIRTUAL reached 1.10 dollars with a 34% increase. Notably, GAME token became a favorite among investors with a remarkable 70% surge.
Not only large tokens but also smaller-scale projects are beginning to attract attention. The same investor acquired 303,574 COOKIE tokens, indicating a readiness to take chances on low-volume tokens.
The rising trading volumes hint at a renewed confidence in the market. Small and medium-sized investors are now actively following in the footsteps of large investors.
Observers note that this heightened interest may initiate a new wave of growth in the altcoin sector. Price increases and expanding trading volumes underscore the positive atmosphere prevailing in the market.
