SHIB, 1INCH, LDO Reign Supreme In Smart Money Token Inflow List

Coingapestaff
December 25, 2023
Why Trust CoinGape
CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.
Best Banks for Your Crypto: Keep Your Digital Money Safe with These Tips

The world of cryptocurrencies once again witnessed a noteworthy buzz orbiting SHIB, 1INCH, and LDO as these tokens emerged at the cork of the smart money token inflow list on Monday. Notably, the emergence of these tokens at the top sparked immense curiosity among crypto market enthusiasts as the chronicle took place amid a price jump recorded by these tokens.

Remarkably, the emergence of these tokens at the list’s top also portrayed a bolstered sense of confidence among traders and investors globally, fueling optimism for these tokens. Meanwhile, crypto market fanatics seem to be eyeing these tokens extensively.

Smart Money Token Inflow List: In-Depth Report

According to the data unveiled by Nansen.AI, a platform providing on-chain metrics, 1INCH, SHIB, and LDO emerged as one of the top 6 tokens on the list. Moreover, among these tokens, 1INCH appears to be on the list’s pinnacle following ETH.

Notably, 1INCH stood second on the list, showcasing a 24-hour inflow of $1.40 million. This inflow was further accompanied by an exchange outflow of $246.20 K.

Meanwhile, Shiba Inu, one of the most popular meme coins, positioned itself at the fourth place on the list. In accordance with the data, SHIB’s 24-hour exchange inflow totaled $1.24 million, further accompanied by an exchange outflow of $1.26 million.

Lastly, the Lido coin stood at the sixth place on the list, with a 24-hour inflow of $540,103. This rank was further jacked up by an exchange inflow of $2.35 million, stirring a hurricane of speculations within the market.

Also Read: Solana’s ANALOS Aids Trader In Amassing Colossal Profits, ANALOS Price To Sustain Rally?

SHIB, 1INCH, & LDO Price Report

As of writing, the Shiba Inu price portrayed a marginal jump of 0.57% over the past 24 hours and is currently trading at $0.00001092. Furthermore, this upswing was further accompanied by a weekly surge of 11.65% and a monthly upsurge of 31.31%.

Notably, the 1INCH price also surged 2.84% over the past 24 hours and is currently resting at $0.4271. This jump was further escorted by a weekly soar of 23.91% and a monthly upswing of 16.23%.

Lastly, the Lido price showcased a 24-hour rise of 6.83% and is currently evaluated as $2.56. In addition, this upsurge was further escorted by a weekly jump of 26.55% and a monthly spring of 4.29%.

The concurrent rise in the SHIB, 1INCH, and LDO prices comes in alignment with the tokens’ emergence on the smart money token inflow list’s pinnacle.

Also Read: TrueUSD (TUSD) Partners With Top Accounting Firm To Enhance Transparency For Crypto Holders

Advertisement
coingape google news coingape google news
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.

Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more…to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

About Author
About Author
CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
Ad Disclosure: This site may feature sponsored content and affiliate links. All advertisements are clearly labeled, and ad partners have no influence over our editorial content.