According to analysts, large cryptocurrency holders were actively buying up several popular altcoins.In recent months, large holders cryptocurrency actively expanding their positions in three altcoin , reported analytical Santiment platform. According to analysts, the whales are buying up Crypto.Com Coin (CRO), UMA and Uniswap (UNI) tokens.
🐳 #Bitcoin may still be flat at $50k, but #altcoins still show plenty of action. Whales of coins such as $CRO, $REP, $UMA, $AAVE, $UNI, and $SNX are all moving their bags. See which projects are accumulating, & which are dumping in our latest update! https://t.co/zh9jv0kOAA pic.twitter.com/ln1xxYJZeG
— Santiment (@santimentfeed) December 26, 2021
Crypto.Com Coin (CRO)
Over the past six weeks, the whales have increased their investment in Crypto.Com Coin by 41%. During this period, altcoin has risen in price by 59%, and its capitalization has increased to $ 15.8 billion, according to CoinGecko.On December 27, the token is traded at $ 0.62. At the end of November, Crypto.Com Coin hit its all-time high above $ 0.96.
Crypto.Com Coin (CRO) is an internal token of the eponymous trading platform and crypto wallet.
UMA (UMA)
Large investors have increased their investments in the UMA token by 2.3% over the past six weeks. During this period, the cryptocurrency has fallen in price by 37%, and its capitalization has decreased to $ 667 million.On December 27, the price of an altcoin is $ 10.4. In February of this year, the UMA renewed its all-time high above $ 41.5.
UMA is a decentralized trading platform that allows users to create smart contracts.
Uniswap (UNI)
In December, holders of Uniswap tokens increased their investments in Uni by 4.1%. Over the month, the cryptocurrency has risen in price by less than 1%.On December 27, the token is trading at $ 19.1, and its capitalization is $ 8.6 billion. In May, Uniswap updated its all-time high above $ 44.
Uniswap is one of the largest decentralized cryptocurrency exchanges that was launched in 2018.