The cryptocurrencies market is seeing tremendous shifts as Cardano (ADA), Shiba Inu (SHIB), and JasmyCoin (JASMY) all see sharp increases in value. These increases appear to be driven by increased interest from major investors known as whales.
According to data on Santiment, the sharp rise in high-value transactions, especially those over $100,000, corresponds with the value explosion of these digital assets and suggests an accumulation trend within these networks.
Cardano (ADA), a popular asset, is trading at $0.4588, with a trading volume of $251,054,278.93 in the last 24 hours. ADA’s price has shown an increase of 3.00% in the past week, even though it recorded a 1.16% in the last 24 hours.
Shiba Inu (SHIB), another popular asset, is priced at $0.0000256, with a 24-hour trading volume amounting to $576,418,124.20. The token has experienced a slight decline of 0.53% over the last 24 hours and a 4.17% decrease throughout the past week. This fluctuation in SHIB’s value shows the dynamic nature of the crypto market, influenced by various factors including whale activity and market sentiment.
JASMY has emerged as a standout performer on the recent crypto market. With a current price of $0.03919 and a 24-hour trading volume of $209,086,364.37, JASMY has experienced a decrease of 0.51% in price over the last 24 hours. Nevertheless, in the past 7 days, JASMY has seen a remarkable 57.16% move in value, indicating significant investor interest and confidence in the project.
Crypto Analyst Highlights JasmyCoin’s Significant Breakout and UptrendCardano, Shiba Inu, and JasmyCoin prices have gone up trememdously, exhibiting the cryptocurrency market’s volatility, driven by increased interest and whale activity. Even though the market can be unstable, it seems like big investors and regular people are getting more curious about these digital currencies. It’s important for investors to watch how whales are acting and how it’s affecting the market, especially in this fast-changing cryptocurrency world.
