Despite a general decline in $CRASH on the BASE network, smart traders are still actively buying the token over the past two days.
According to multiple reports, $CRASH has one of the fastest and strongest-growing communities on the BASE network, underscoring its potential and attracting savvy investors.
$CRASH has the fastest growing community on #BASE
Once the #ETH ETF is approved, we will see a massive amount of liquidity hit the market.$BRETT is a bluechip but $CRASH is a sleeper
Everyone always bets on the underdog
We Stay Bullish pic.twitter.com/B7zBccy8ij
— The Verse (@TheVerse369) July 17, 2024
Data from icrypto.ai reveals that although $CRASH is currently experiencing a downward trend, there is a notable increase in the balance held by smart money, indicating ongoing accumulation by this group. In total, 73 smart wallets have joined the $CRASH community, demonstrating a growing interest from experienced traders.
Whale Acquires Additional $20,000 Worth Of $CRASH Token
Among these smart traders, one notable wallet, 0xabbb, made a significant purchase just 15 minutes ago.
This wallet acquired an additional $20,000 worth of $CRASH, bolstering its position. Previously, this smart wallet had achieved impressive profits, gaining $11,300, which represents a 77.1% increase from earlier trades.
$CRASH on @base: There is still buying volume from Smart Traders in the past 2 days
Overall, $Crash is decreasing but there is an increase in balance of Smart Money proving the more accumulation from this group: https://t.co/T0C4Z3rnF6
73 Smart Wallets have joined, and we will… pic.twitter.com/Q7ff7ScsCt
— iCrypto | Sentiment & On-chain Analysis (@iCryptoAI) July 17, 2024
The consistent buying volume from smart traders, even as $CRASH’s overall price decreases, suggests a strategic accumulation phase. These traders likely believe in the long-term potential of $CRASH and are taking advantage of lower prices to increase their holdings.
Moreover, the rapid growth of the $CRASH community on BASE is a positive sign. A strong and engaged community can drive further adoption and support the token’s value over time. The increasing number of smart wallets joining the $CRASH ecosystem reflects growing confidence in its prospects.
$CRASH has one of the strongest communities in the #memecoin space!
Let's talk about it!
Thanks for all of the LOVE! @BasedCrashX pic.twitter.com/fCpKAmPxIH
— Rodney (@cryptojourneyrs) July 16, 2024
In summary, while $CRASH may be experiencing a temporary decline, the ongoing accumulation by smart money and the expansion of its community on BASE highlight its potential for future growth. Investors should closely monitor these trends and the actions of smart traders, as they can provide valuable insights into the token’s long-term trajectory.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any services.
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