3 Altcoins Bought by Crypto Whales After the Announcement of 'Project Crypto'
The Project Crypto announced by the SEC in the US on Thursday (31/7) sent shockwaves through the crypto market. This program brings a grand vision: to integrate the US capital markets into the on-chain network through regulated trading, blockchain-based custody, and tokenized securities.
Optimism spreads across the crypto ecosystem. Nic Puckrin, founder of CoinBureau, stated that this move is much more bullish than many had anticipated.
“The most shocking part is that most tokens are now not considered securities — a significant shift from the SEC's previous stance that viewed almost everything as securities. They also affirmed that US citizens should not be restricted from participating in crypto through IP blocks or VPNs, which has long been a major hurdle,” Puckrin told BeInCrypto.
Despite the market weakening by 7.2% daily since the announcement, crypto whales have been seen quietly accumulating, targeting altcoins that have the potential to become key infrastructure in this new financial era. Data shows the top three picks: CPOOL, UNI, and LINK.