Whales buy Matic, Uniswap tokens as market dips

In the last 24 hours, WhaleStats says that MATIC and Uniswap are two of the most bought tokens. On Feb. 10, the market had a big change. At the time of this writing, most tokens were in the red.

The market had a slight correction because Bitcoin and other altcoins fell a little. In the last 24 hours, $192.77 million was sold. The consumer price index (CPI) report came in higher than expected, which caused the markets to fall.

Market sentiment is being measured by the Crypto Fear & Greed Index, which is currently at “neutral.” This means that traders were not worried about the drop in prices.

Over the last 24 hours, investors have bought a lot of their favourite tokens. MATIC and Uniswap were two of the top 10 most bought tokens. The two tokens are also on the list of the most used smart contracts. Whales still have the most Shiba Inu, but Uniswap is the most popular one.

It looks like markets are trying to make up for lost time by going back up again.

Markets fell because people thought the Federal Reserve might have to raise interest rates sooner because of rising prices.

At the time, Bitcoin and most other assets were trying to make up for the losses they had made in the last 24 hours. The value of the whole market has risen to about $1.98 trillion. Bitcoin is now trading at $43,717.

Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.

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