In recent months, there has been a notable battle among retail traders to determine which assets might lead to the next bull market. Large investors often place bets on various cryptocurrencies, including Shiba Inu, Cardano, and the lesser-known Remittix. Analysis shows that these assets are attracting attention due to their unique characteristics.
Big Wallets and Investment in Remittix
Large investors are actively increasing their positions in Remittix, indicating a more calculated approach toward real-world infrastructure. Remittix allows users to convert over 40 cryptocurrencies into more than 30 fiat currencies with minimal fees and no intermediaries. Major stakeholders see this not just as convenience, but as a potential revolution in money transfer methods.
Shiba Inu: Focus on Long-term Prospects
Despite a significant decline in Shiba Inu Coin's price, large investors continue to increase their positions. Data indicate a growth in large wallets despite unfavorable market conditions. Inflows from major holders increased by 24% in the last 90 days, demonstrating rising confidence in a potential recovery.
Cardano: Perception and Actions of Large Investors
Large investors are also showing interest in Cardano. Over 410 million ADA tokens were added to large wallets in April alone, suggesting long-term plans among investors. Cardano maintains support at $0.6704 and resistance at $0.7014, indicating large investors may be keen to leverage market opportunities.
By observing the actions of large investors, we can see a variety of strategies and appeals to different assets. Shiba Inu and Cardano provide community elements and long-term investments, while Remittix emphasizes real-world and practical applications of tokens. These observations confirm that in the current market of narratives and speculation, utility may become the defining factor of success.
