According to on-chain analysts, whales identified as “Smart Money” are amassing two AI altcoins from Binance.
1 min read

According to on-chain analysts, whales identified as “Smart Money” are amassing two AI altcoins from Binance.

Investors with deep pockets are purchasing significant amounts of two altcoins related to artificial intelligence (AI), according to data from blockchain-monitoring service Lookonchain. The data reveals that a Binance wallet associated with crypto investment firm DWF Labs recently received a large sum of Fetch.ai (FET), a decentralized machine learning project. Furthermore, Lookonchain also observed multiple whales accumulating large quantities of Render (RNDR), a project linked to Graphics Processing Units (GPUs). Despite the investments, both FET and RNDR have experienced declines in value over the past 24 hours. It is crucial for investors to conduct thorough research before engaging in high-risk investments in cryptocurrencies or digital assets.

Leave a Reply

Your email address will not be published. Required fields are marked *