In the cryptocurrency world, it's not enough to just buy tokens. Here, even the size of your wallet can determine your 'status' in the ecosystem. If yesterday we talked about whales - huge players who move the market with a single move, today we will analyze who shrimp, fish, and dolphins are.
Shrimp - 'shrimp'
Shrimp are the smallest participants in the market. They usually have:
- minimum balances, for example, up to 0.1 BTC or equivalent in other coins;
- they buy cryptocurrency in small amounts - some with their salary, some with pocket money;
- often they are newcomers just entering the market.
The peculiarity of shrimp: they hardly affect asset prices but make up a huge share of network users. It is on them that the mass adoption of cryptocurrency stands: the more shrimp, the greater the popularity of blockchain.
Fish - 'fish'
Fish - this is the middle level. Fish already feel more confident:
- their portfolio can range from 0.1 to 10 BTC or equivalent amounts in ETH, SOL, DOT, etc.;
- they play more actively in the market, sometimes trying trading or participating in DeFi;
- their capital allows them to be noticeable, but does not yet enable them to move the market.
The role of fish: they form the 'middle class' of the crypto industry. Fish are active community members, token holders, testers of new applications. Sometimes it is the fish that become the first to 'catch the trend' and accelerate interest in a project.
Dolphin - 'dolphins'
Dolphin - this is already a level above average:
- their capital is measured in tens and hundreds of thousands of dollars;
- they are not yet whales, but they can already influence projects, for example, by supporting liquidity or investing in IDO/ICO;
- dolphins are usually experienced - they understand the mechanics of blockchains, know how to use wallets, DEX, participate in staking.
Interesting fact: dolphins are often called 'second-level crypto influencers'. They do not manage billions, but their activity and knowledge make them important in the community.
Why is this classification important?
Such 'animal' metaphors help quickly understand the power dynamics in the market.
Whales can crash or raise the price.
Dolphins and fish create liquidity and drive the community.
Shrimp represent mass and the future of the market: each new shrimp is a step towards mass adoption.
So it doesn't matter if you're a shrimp, fish, or dolphin - each level has its value. The main thing is to understand how other 'animals' play and not to get caught in their nets.
