SuperVerse (SUPER) is Going Parabolic, But Can This Whale Activity Impact The Surge?

SuperVerse (SUPER) is Going Parabolic, But Can This Whale Activity Impact The Surge?

SuperVerse (SUPER) is Going Parabolic, But Can This Whale Activity Impact The Surge?

/ Dive into the SuperVerse frenzy as SUPER token skyrockets +430%. Explore cutting-edge Web3 products, NFTs, and blockchain gaming.

Author: Nilesh Hembade.

Date: 26 Nov 2023, 10:56 AM IST

SuperVerse has emerged as the latest sensation in the cryptocurrency arena, captivating investors with its meteoric rise. The SUPER token has witnessed an astounding surge of +430.0% over the past 30 days and an impressive +250% in the last 7 days. As of the latest update, the SUPER token is exchanging hands at $0.4351, reflecting a remarkable surge of +87.0% in the last 24 hours.

Renowned for its pioneering work in developing cutting-edge Web3 products, SuperVerse has become a catalyst for change, empowering crypto enthusiasts with advanced NFT functionality and captivating Web2 users through immersive blockchain gaming experiences.

Whale Activity Raises Eyebrows:

Recent developments on LookOnChain have brought attention to intriguing whale activity involving SuperVerse. Two wallets, both associated with #SparkDigitalCapital, deposited a cumulative amount of 1.93 million $SUPER tokens (equivalent to $784,000) into #Binance within the last 3 days.

A notable transaction occurred on August 13, 2022, when Spark Digital Capital withdrew 999,874 $SUPER tokens (approximately $181,000) from Binance. This withdrawal transpired at a time when the token was valued at around $0.18. After a patient wait of 469 days, the token’s price finally witnessed an upswing, prompting Spark Digital Capital to capitalize on the opportunity and sell $SUPER tokens to realize profits.

No Sell-Off Impact:

Despite this sizable sell-off occurring at a price point of $0.41, the SuperVerse token remains resilient. The sell-off has not left a dent on the surging price trajectory, and as of now, the SUPER token is actively traded at $0.4476. This robust performance suggests that the market is absorbing such whale activities without a discernible impact on the overall momentum of SuperVerse’s parabolic surge.

Investors and enthusiasts are closely watching these developments, eager to see how SuperVerse continues to navigate the dynamic cryptocurrency landscape amidst notable whale activities.

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