{"id":2883,"date":"2021-12-26T07:30:07","date_gmt":"2021-12-26T07:30:07","guid":{"rendered":"http:\/\/egrowonline.com\/?p=2883"},"modified":"2021-12-26T07:30:07","modified_gmt":"2021-12-26T07:30:07","slug":"altcoin-whales-are-accumulating-uniswap-and-crypto-com-through-the-dip","status":"publish","type":"post","link":"http:\/\/egrowonline.com\/?p=2883","title":{"rendered":"Altcoin whales are accumulating Uniswap and Crypto.com through the dip"},"content":{"rendered":"<p> <br \/>\n<\/p>\n<div id=\"fxs_article_content\">\n<ul>\n<li><strong>Analysts are accumulating altcoins like Uniswap and Crypto.com through the recent dip in prices.\u00a0<\/strong><\/li>\n<li><strong>Increasing accumulation by whale addresses is considered bullish for the altcoin\u2019s price.\u00a0<\/strong><\/li>\n<li><strong>Analysts have predicted a rally in Uniswap and Crypto.com tokens.\u00a0<\/strong><\/li>\n<\/ul>\n<p>Smart Money, capital controlled by institutional investors and large-wallet traders, has fluctuated over Christmas. Groups of whales have accumulated Uniswap and Crypto.com through the dip.\u00a0<\/p>\n<h2 class=\"fxs_headline_medium\">Analysts note an increase in number of whale addresses in Uniswap and Crypto.com<\/h2>\n<p>Movements of whale or large wallet holdings have an influence on altcoin prices. Analysts at the <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/dogecoin-and-shiba-inu-price-rises-in-response-to-positive-investor-sentiment-202112251105\" rel=\"noopener\">crypto<\/a> intelligence firm Santiment have observed a spike in the number of whale addresses.\u00a0<\/p>\n<p>Whales are accumulating CRO, the native token of the <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/senator-cynthia-lummis-reveals-plans-for-a-cryptocurrency-overhaul-in-2022-202112251500\" rel=\"noopener\">Crypto.com<\/a> chain. Addresses holding 100,000 to 10 million Crypto.com tokens have increased their holdings.\u00a0<\/p>\n<p><img decoding=\"async\" alt=\"Crypto.com whale address holdings\" src=\"https:\/\/editorial.fxstreet.com\/miscelaneous\/Crypto.com-637761000203323608.jpg\" style=\"width: 650px;height: 316px\" \/><\/p>\n<p><small>Crypto.com whale address holdings<\/small><\/p>\n<p>The accumulation by large wallet holders started with Crypto.com\u2019s purchase of the naming rights to Los Angeles\u2019 sports arena.<\/p>\n<p>Uniswap, a DeFi protocol that supports the exchange of <a target=\"_blank\" href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/three-reasons-why-analysts-believe-2022-will-be-the-year-of-aave-curve-dao-and-sushi-202112251803\" rel=\"noopener\">cryptocurrencies<\/a>, is among the key projects that witnessed a surge in price in the first half of 2021. Large wallet addresses are keen on adding more UNI tokens to their bags through the recent drop in price.\u00a0<\/p>\n<p>Layer-1 Ethereum scaling solutions have witnessed a price rally over the Christmas holidays. @AltcoinSherpa, a pseudonymous cryptocurrency analyst, believes that the altcoin rally has started.\u00a0<\/p>\n<p>Since Uniswap\u2019s launch on the Polygon network, there is a spike in the altcoin\u2019s network\u2019s on-chain activity. 99.3% of Uniswap holders voted in support of the proposal to bring Uniswap v3 to Polygon.<\/p>\n<p>Additionally, a $20 million fund was offered to boost the launch of Uniswap on the Polygon network. This fueled the bullish narrative for Uniswap price. As whale accumulation continues, analysts predict a price rally in Uniswap and Crypto.com.\u00a0<\/p>\n<\/p><\/div>\n<p><br \/>\n<br \/><a href=\"https:\/\/www.fxstreet.com\/cryptocurrencies\/news\/altcoin-whales-are-accumulating-uniswap-and-cryptocom-through-the-dip-202112260722\">Source link <\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Analysts are accumulating altcoins like Uniswap and Crypto.com through the recent dip in prices.\u00a0 Increasing accumulation by whale addresses is considered bullish for the altcoin\u2019s price.\u00a0 Analysts have predicted a rally in Uniswap and Crypto.com tokens.\u00a0 Smart Money, capital controlled by institutional investors and large-wallet traders, has fluctuated over Christmas. Groups of whales have accumulated [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":2884,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","enabled":false}}},"categories":[42],"tags":[2529,349,1094,707,2530,1582],"class_list":["post-2883","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-altcoins","tag-accumulating","tag-altcoin","tag-cryptocom","tag-dip","tag-uniswap","tag-whales"],"jetpack_publicize_connections":[],"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"http:\/\/egrowonline.com\/wp-content\/uploads\/2021\/12\/uniswap-150x150logo-637399982744667692_Large.png","_links":{"self":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/2883","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2883"}],"version-history":[{"count":1,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/2883\/revisions"}],"predecessor-version":[{"id":2885,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/posts\/2883\/revisions\/2885"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=\/wp\/v2\/media\/2884"}],"wp:attachment":[{"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2883"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2883"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/egrowonline.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2883"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}