Whale watching platform WhaleStats shared the latest whale movements. According to the platform, the biggest Ethereum whales are interested in popular metaverse coin projects. They collect The Sandbox (SAND), ApeCoin (APE) and Decentraland (MANA) tokens from the whales’ targets.
Top 3 metaverse coins on the radar of ETH whales: SAND, APE and MANA
Blockchain whale-watching service WhaleStats has revealed the latest movements of the biggest Ethereum whales. According to WhaleStats, the largest whales on the Ethereum (ETH) network have been closely involved in metaverse coin projects over the past seven days. Deep pockets are jumping into a number of different altcoins associated with the metaverse.
Popular metaverse coin The Sandbox (SAND) is currently the most purchased altcoin project among Ethereum’s 5,000 whales in the past seven days, according to on-chain data from WhaleStats. Meanwhile, SAND has gained over 10% in the last seven days. However, it remains quite 86% off the all-time high of $8.40.
As we have reported as Kriptokoin.com, after SAND, there is Apecoin (APE). The monkey-themed metaverse coin has been airdropped to members of the Bored Ape Yacht Club (BAYC) Non Fungibla Token community. The largest 5,000 ETH whales have received around $390 worth of APE in the last seven days.
Right behind Apecoin is the metaverse project Decentraland (MANA). Ethereum whales are plunging into MANA with an average purchase of 372 tokens worth around $327 at the time of writing. Similar to its rival SAND, MANA is down 85% from its all-time high. However, it managed to rise to 4% on a weekly basis.
Whales are also interested in these metaverse coins
There is also Enjin Coin (ENJ) on the list of 10 tokens preferred by Ethereum whales. Altcoin is an Ethereum-based blockchain gaming network. The fifth most purchased metaverse coin project of the last seven days was ENJ. At the time of writing, the altcoin was trading at $0.514, up over 8% in the past 7 days.
Behind ENJ is Axie Infinity (AXS), an Ethereum-based play-to-earn (P2E) gaming altcoin. AXS is currently trading at $14.44, up 3% on the week. However, AXS, like other altcoins, has come a long way from its all-time high. The Metaverse coin is changing hands in the market with an astonishing 91% discount.
Other coins on the list are SushiSwap (SUSHI), Render Token (RNDR), Game Credits (GAME) and MyNeighborAlice (ALICE), respectively. Yield Guild Games (YGG) occupies the tenth and last place. A decentralized autonomous organization of a gaming guild focused on generating returns through investments in altcoins, blockchain-based games, and metaverses. YGG is up 4% on a weekly basis and is trading at $0.77 at press time.
37554
