In the constantly changing cryptocurrency universe, astute, wealthy individuals often called “smart money” provide not just needed liquidity, but also apparent direction to the market. In the past 24 hours, tokens from across the crypto ecosystem have seen not just accumulation but also significant price movement—and not just Bitcoin and Ethereum. Indeed, what we’ve seen is a clear accumulation across multiple tokens (not just one or two); the movement suggests that the smart money is putting a clear emphasis on four major narratives at this time: Quantum Security & Financial Innovation, Decentralized Finance (DeFi) & Wrapped Tokens, Gaming & Virtual
The post Smart Money Wallets Accumulate in Crypto’s Key Sectors: Emerging Narratives and Tokens on the Rise appeared first on The Merkle News.
