Binance secures a $2 billion investment from Abu Dhabi! There are rumors of purchasing altcoins. I scanned over 500 tokens, tracked wallets, and connected the dots. Here are 7 altcoins that Binance might be accumulating:
A few days ago, CZ confirmed that the Abu Dhabi wealth fund MGX invested $2 billion in Binance, marking the largest stablecoin investment in cryptocurrency history. This is a huge bullish signal for Binance and its ecosystem, but the story doesn't end there.
CZ hinted that the $2 billion investment will be used to purchase altcoins. If this is true, we will see many altcoins experience significant rebounds.
1) @Vanarchain | $VANA
Vana is a distributed network for private, user-owned data, designed to enable user-owned artificial intelligence.
Price: $5
Market Cap: $151 million
2) @movementlabsxyz | $MOVE
Movement Labs builds a dynamic framework for creating and launching Move-based software, applications, and blockchains on any network.
Price: $0.46
Market Cap: $1.1 billion
Solayer is natively building a re-staking network on Solana to provide a higher degree of consensus and customizable block space for application developers.
Price: $1
Market Cap: $208 million
4) @Pendle | $PENDLE
Pendle enables users to control and trade yields through features like concentrated liquidity and low impermanent loss.
Price: $2.05
Market Cap: $337 million
5) @Arkham | $ARKM
Arkham is a blockchain analytics startup that has created a platform to reveal the real entities in the crypto market.
Price: $0.51
Market Cap: $117 million
6) @Ethena Labs | $ENA
Ethena is a synthetic dollar protocol that will provide a crypto-native solution for currencies that do not rely on traditional banking system infrastructure.
Price: $0.36
Market Cap: $1.9 billion
7) @ZircuitL2 | $ZRC
Zircuit is a zero-knowledge rollup fully compatible with EVM, supported by pioneering L2 research.
Price: $0.039
Market Cap: $85 million