Shiba

Pepe

Shiba Inu

Chainlink

Spot

Amidst a substantial upward movement noted by the altcoins SHIB, PEPE, and LINK today, February 28, an intriguing phenomenon appears to be garnering noteworthy interest among crypto market traders and investors globally. As per insights unveiled by the on-chain tracker Nansen, the above-mentioned altcoins emerged among some of the top tokens in the smart money token inflow list. This propelled immense optimism for these tokens as it hinted at significant whale accumulations by seasoned and experienced investors.
Meanwhile, SHIB, and PEPE, traded in the green and LINK traded in the red as of press time, mirroring investors’ confidence while also birthing speculations. Derivatives data, however, sparked additional speculations for these tokens as the meme coins noted an uptrend, with rising open interests and volume, per Coinglass’ data, whereas LINK noted a drop in open interest but a rise in volume.
<h2 id="in-depth-report">In-Depth Report</h2>
According to the insights offered by <a rel="noopener noreferrer nofollow" href="https://app.nansen.ai/" target="_blank">Nansen</a>, SHIB, PEPE, and LINK are positioned in second, fourth, and fifth place on the list, respectively, as of writing. Shiba Inu, an Ethereum-based meme coin, recorded a 24-hour inflow of $4.10 million, whereas Pepe coin (PEPE), an Ethereum-based meme coin similar to Shiba Inu, noted a 24-hour inflow of $1.40 million.
On the other hand, LINK jotted a 24-hour inflow of $1.02 million with an intriguing exchange outflow of $8.17 million, signaling increased coin withdrawals.
This piqued the interest of crypto market enthusiasts across the globe as these altcoins witnessed notable pumps today, further aligning with the smart money token inflow list. However, LINK traded with quite the volatility today, noting significant pumps and slumps.
Also Read: <a href="https://coingape.com/bitcoin-nears-60k-reason-why-btc-eth-xrp-pepe-price-rising-today/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Nears $60K: Reasons Why BTC, ETH, XRP, PEPE Prices Are Rising Today</a>
<h2 id="shib-pepe-soars-while-link-dips">SHIB, PEPE Soars While LINK Dips</h2>
As of writing, the <a href="https://coingape.com/price/shiba-inu/" target="_blank" rel="noopener noreferrer nofollow">Shiba Inu price</a> noted an uptick of 5.68% in the past 24 hours and is currently trading at $0.00001103. Even <a href="https://coingape.com/price/pepe-coin/" target="_blank" rel="noopener noreferrer nofollow">Pepe coin’s price</a> surged phenomenally today, illustrating a staggering 47.54% upswing in the past 24 hours. PEPE currently rests at $0.000003291.
Intriguingly, contrasting the meme coins’ witnessed notable jumps, the <a href="https://coingape.com/price/chainlink/" target="_blank" rel="noopener noreferrer nofollow">Chainlink price</a> showcased a marginal 0.17% dip after trading as high as $19.58 today. The LINK price currently stands at $19.26.
Also Read: <a href="https://coingape.com/spot-bitcoin-etf-ibit-gbtc-others-gain-in-pre-market-trading/" target="_blank" rel="noopener noreferrer nofollow">Spot Bitcoin ETF: IBIT, GBTC &amp; Others Gain In Pre-market Trading</a>
The post <a href="https://coingape.com/shib-pepe-link-among-top-altcoins-whales-are-buying-nansen/" rel="noopener noreferrer nofollow">SHIB, PEPE, &amp; LINK Among Top Altcoins Whales Are Buying: Nansen</a> appeared first on <a href="https://coingape.com" rel="noopener noreferrer nofollow">CoinGape</a>.

SHIB, PEPE, & LINK Among Top Altcoins Whales Are Buying: Nansen

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