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Crypto Snipers Strike Gold as Traders Earn Millions in SAVM Token Launch Frenzy Based on the recent report from Arkham Intelligence, the launch of the satoshivm (SAVM) token two days ago saw three adept crypto traders, often referred to as ‘snipers,’ each earning a profit of $1 million. Arkham’s findings revealed that the most proficient of these sniping addresses achieved a staggering gain of over a million dollars, accomplishing this feat in under 40 minutes. Lone Sniper Hits $7 Million Jackpot, Trio of Traders Net $1 Million Apiece During SAVM Crypto Launch Crypto snipers managed to make some decent profits from the recent satoshivm (SAVM) launch, Arkham Intelligence detailed. Sniping, essentially refers to the practice of executing crypto trades with exceptional speed and precision to gain a strategic advantage. The strategy involves pre-setting parameters for immediate purchasing upon a new .

ACT (Achain) is a unique player in the crypto industry, offering a different role as a miner compared to traditional cryptocurrencies like Bitcoin or Ethereum. Achain utilizes a delegated proof-of-stake (DPoS) consensus mechanism, where miners, known as validators, are elected by token holders to validate transactions on the network. One of the key roles of miners in the Achain network is maintaining the security and integrity of the blockchain. Validators are responsible for verifying transactions, proposing new blocks, and participating in the consensus process to ensure that the network operates smoothly and securely. Securing the network, miners on the Achain platform also play a crucial role in governance and decision-making. Through decentralized governance, validators can vote on proposed changes to the network, such as protocol upgrades or changes to network parameters, helping to steer the direction of the platform based on the collective input of the community. Furthermore, miners on the Achain network are incentivized with rewards for their participation in securing the network and validating transactions. Validators earn ACT tokens in exchange for their role as miners, providing a financial incentive for maintaining the integrity of the blockchain and actively participating in the network. Achain's unique approach to mining and consensus mechanism offers a different perspective on how miners can contribute to the security and governance of a blockchain network. By empowering token holders to elect validators and actively participate in decision-making, Achain provides a decentralized and community-driven approach to mining in the crypto industry.

In this ongoing bull run, XRP, the native token of Ripple Labs, is making waves in the market with its impressive performance and has gained significant attention from crypto whales. Today, December 18, 2024, a prominent crypto expert made a post on X (previously Twitter) citing that crypto whales have purchased 30 million XRP worth $78 million in the past 24 hours. This notable purchase comes after Whales acquired a substantial 920 million XRP tokens from Binance, as reported by CoinPedia on December 16, 2024. This significant buying pressure not only presents an ideal buying opportunity but also suggests potential upside momentum in the coming days. However, the notable XRP purchases witnessed in the crypto market come just ahead of the Ripple USD (RLUSD) launch, leading the XRP price to soar significantly.

The wallets associated with the PENGU project (or early investors) are selling off a large amount on the chain. According to @ai_9684xtpa, 176 million tokens (nearly 20% of the holdings) have been sold so far, about $9.287m, and the remaining tokens are worth $37.71m. The address starting with HoTdB received 888 million tokens from the token deployment address yesterday (before the airdrop claim).

The AIOZ Network [AIOZ] token has shown impressive resilience and strength, maintaining an upward trend despite fluctuating market conditions and increasing competition. At press time, AIOZ was trading at $1.09, reflecting a 1.38% increase over the past 24 hours. This bullish price action aligns with growing investor interest, as seen in increased trading volume and derivatives activity. With a rise in both network engagement and investor confidence, all eyes are on AIOZ’s next move as it consolidates near key resistance levels. AIOZ has demonstrated impressive price movement, breaking above the critical resistance level at $1.08. This breakout allowed the price to surge toward $1.20, where it now consolidates. However, maintaining above $1.20 will be crucial for AIOZ to target its next major resistance at $1.40. A failure to hold this level could result in a pullback, with $1.08 and $0.89 acting as strong support zones. Additionally, the steady rise in trading volume highlights growing market participation, suggesting that buyers are still in control. If AIOZ manages to close above $1.20 with significant volume, it will likely confirm the continuation of its bullish trend, driving prices even higher.