On-chain analysts report smart money whales acquiring two AI altcoins.




Key Elements of Article

TLDR:

Key Points:

  • Whales are accumulating Fetch.ai and Render altcoins from Binance.
  • Lookonchain data suggests large investments in these AI-related projects.

Article Summary:

Deep-pocketed investors are showing interest in two artificial intelligence (AI) altcoins, Fetch.ai and Render, according to on-chain data from Lookonchain. The data reveals significant movements of these altcoins, with a Binance wallet linked to DWF Labs receiving a large amount of Fetch.ai. Similarly, multiple whales are accumulating large amounts of Render, a project related to GPUs. The price of both altcoins has seen fluctuations in the last 24 hours, with Fetch.ai trading at $2.20 and Render at $10. The data suggests that smart money is moving towards these AI-related projects, indicating potential growth and investment opportunities in the altcoin market.