A crypto whale made a significant purchase in a new altcoin, which resulted in an impressive 30x gain. This move has attracted attention and induced FOMO (Fear Of Missing Out) among holders of other cryptocurrencies like Solana (SOL) and Pepe (PEPE).
These holders are now also jumping into the altcoin market, hoping to mirror the success achieved by the whale. This phenomenon highlights the impact of large investors, or "whales," on cryptocurrency markets, often causing significant price movements and shifts in investment strategies.
Source: cryptodaily.co.uk ↗