What impact did the colossal ethereum whale have on the genesis ICO?

1 answers

• Minh NguyễnAug 29, 2024 · a year ago
  The colossal ethereum whale played a crucial role in the genesis ICO. Its massive holdings of ethereum gave it the ability to move the market and influence the outcome of the ICO. This whale could strategically buy or sell ethereum to create a favorable market environment for the ICO. For example, it could buy a significant amount of ethereum to drive up the price and create a sense of hype around the ICO. Conversely, it could sell ethereum to lower the price and create a buying opportunity for other investors. The actions of this whale had a direct impact on the success and overall sentiment of the genesis ICO.
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