Ethereum (ETH) has broken through the $1700 mark; is it time to buy the dip? Focus on these 3 potential altcoins!
$OM
The recent price drop of OM has paved the way for strategic accumulation by its largest holders. According to on-chain data from Santiment, whale addresses holding between 10 million and 100 million OM tokens have acquired 26 million OM this week.
This accumulation trend occurred after the dramatic price crash of OM on April 13th. The token experienced a flash crash in less than an hour, evaporating over 90% of its value and wiping out more than $5.5 billion in market capitalization.
$GRASS
Compared to other major AI currencies, GRASS has underperformed, with its price only rising 0.4% in the past seven days.
Despite many AI tokens recently experiencing strong gains, GRASS remains relatively stagnant, indicating that bullish momentum has cooled off.
Although its performance has been lackluster, GRASS still shows signs of potential strength, but it remains uncertain whether it can leverage the broader AI narrative.
$WLD
WLD, associated with Sam Altman, is another competing coin that saw significant whale purchases this week. On-chain data shows that whales holding between 1 million and 10 million tokens purchased 13 million WLD in the past week.
This group of WLD investors currently holds 798.06 million tokens, reaching their highest recorded balance. If WLD whales continue to accumulate, its price could rebound above $1.
On the other hand, if the sell-off continues, it may drop to $0.57.
