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Crypto Whales Can Truly Make Or Break A Market
If one or more crypto whales decide to make the same big move on a specific token, there’s no stopping a price fluctuation. Whether they’re dumping their holdings or buying up new assets, the average crypto owner’s position in the market can be drastically improved or totally ruined by these all-powerful investors. Let’s just hope they have us all in mind when they make their next move!
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Why Is Arpdau Important To Track
If you track your ARPDAU, youll see how some changes or events are affecting the revenue youre making. Whether youre changing the placement of your ads, trying out new creatives, or adding a new ad format to your app, youll notice positive trends that will tell you how to optimize further to achieve maximum revenue.
ARPDAU within strategy games has soared by 199.9%, while in casino games ARPDAU has risen by 41.6%!
According to Benchmarks+, ARPDAU for top 25% of RPG and strategy games was between $0.2 and $0.3 in 2020. For casino games, it was between $1.5 and #2.5. Games in the casual genre, had much lower ARPDAU in 2020, an average of $0.06.
Read this detailed guide if you want to know how to calculate and increase ARPDAU.
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What Is A Crypto Whale
A whale is an individual, group of individuals, or organization, with huge cryptocurrency holdings in the crypto world. This isn’t just a few hundred thousand dollars in crypto. Rather, crypto whales have funds that range in the millions and billions. Big crypto owners are seen as whales, while regular, run-of-the-mill traders are seen as little fish. While some whales choose to hold onto their crypto in the hopes that the market will continue to grow, others can use their huge funds to make the market fluctuate in their favor.
Some individuals own vast amounts of altcoins. However, many of the biggest crypto holders have made their millions, or billions, using Bitcoin. They are known as Bitcoin whales. Examples of Bitcoin whales include the Winklevoss twins, Michael Saylor, and the elusive Satoshi Nakamoto, creator of Bitcoin.
Around 40% of Bitcoin in circulation is owned by just a thousand of these whales, meaning they are holding truly gargantuan amounts. If you own 1,000 or more Bitcoins, then you can officially call yourself a whale, but this number is minuscule compared to the shares held by some whales.
The Winklevoss twins, for example, are estimated to own around 70,000 BTC. This currently amounts to almost three billion dollars. Only around 2,000 individuals in the world can even call themselves Bitcoin whales, so it’s an exclusive group, to say the least.
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Fast and furious whale vs. slow whale
According to Game of Whales, there are slow whales and fast and furious whales. The fast and furious whale can easily end the first session spending over $500, while slow whales take their time.
Slow whales are much slower in their spending habits, at first theyll spend only a small amount of money to try the functionalities. Once they get to know the game and they start playing it more actively, theyll spend more and more money.
With this type of player, your focus should be on retention, keeping them happy, engaged, and interested. Slower whales might be trickier to hunt and you will have to invest more time and effort, but they will definitely reward you in the end.
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About Author Tim Weber
Salut my name is Tim, presently i live in a small European country called Luxembourg. I love to play slots in land casinos and online for free fun and sometimes i play for real money when i feel a little lucky.
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In my spare time i enjoy hiking with my dogs and girlfriend in an area we call Little Switzerland.
You can send email or us our contact form, feel free to write to me in Luxembourgish, French, German, English or Portuguese.
Äddi n’ Good Luck to you!
Are Crypto Whales Dangerous
Whether a crypto whale can be dangerous depends on what they choose to do with their funds. If a whale decides to manipulate the market solely for their own benefit, this can be hugely problematic, but they can be beneficial, too.
In the autumn of 2021, the price of the Shiba Inu meme coin surged as Ethereum crypto whales continued to buy up more and more tokens. In December of the same year, a single whale bought a shocking 4 billion SHIB, which amounted to over $130 million at the time. Industry experts speculated that numerous Ethereum whales were buying SHIB because it had recently dropped and was far more affordable, but no one knows the true reason.
In any case, these mammoth purchases resulted in a significant price increase for Shiba Inu, which was good news for anyone who wanted to sell their holdings and make a profit.
Unfortunately, this surge was short-lived, and the value of Shiba Inu quickly began to decrease in the following weeks. The initial price increase seen in December may have prompted individuals to buy more SHIB under the assumption that this price hike would continue. So, such erratic fluctuations caused by whales can be dangerous.
At the moment, there’s nothing that one can really do to prevent whales from quickly influencing the price of any crypto. If an individual wants to buy or sell a huge number of tokens, they can, and this will affect the market price whether they want it to or not.
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Bitcoin Bulls Take Charge As Whales Accumulate
Yet another day of this week is seeing Bitcoin trending up.
The price of the leading digital currency jumped to nearly $52,500.
We are at the stage of the market when BTC starts to go up more aggressively. I believe we will see $100k+ this summer, and the white line will be the zone I will sell most of my spot holdings in anticipation of buying $50k again, says trader Galaxy.
These latest gains have been the result of whale accumulation. At around $48k, institutions have been doing some heavy BTC buying.
Whales accumulating BTC. They are making a lot of bear traps lately, but the price seems to recover the institutional buying level, 48k. Looking at recent Coinbase outflows, most of the outflows that went to custody wallets were at 48k price, noted Ki Young Ju, the CEO of Crypto Quant.
The market, which wasn’t fully convinced that bears have been all done, expecting Bitcoin to be in a consolidation phase, is also feeling the bull effects as price makes strong upward moves.
Unlike the 2017s usual 30%-40% pullbacks, which if happen would take us to just under $35k, this time, Bitcoin price has seen about 26% correction as we dropped from the all-time high of $58,300 to just about $43,000.
People have PTSD about mass-dumping. But don’t worry, we’re good now, said Ki Young Ju, pointing to the whale dumping indicators that suggest fewer whales compared to the past. The bull-run is likely to continue, he added.
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- Yellow Fish: The highest paying icon in this slot game is represented by the yellow fish. This icon fetches 1500 credits when the player lands five in a row, 800 credits when the player lands four and 300 credits when the player lands three.
- Red Shell: The second highest paying icon in this slot game is represented by the red shell. This icon fetches 1000 credits when the player lands five of these, 300 credits when the player lands four and 80 credits when the player lands three.
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- Traditional Poker Icons: The lowest paying icons in this slot game are the traditional poker icons. Matching five of the same kind rewards the player with up to 100 credits, matching four of the same kind rewards the player with up to 50 credits and matching three of the same kind rewards the player with up to 10 credits.
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How To Calculate Arpu Or Arpdau
ARPU or Average Revenue Per User is a metric that will help you understand whether your business model/monetization strategy works .
When youre acquiring users via different marketing channels, youll see that the ARPU can vary from channel to channel.
Keeping track of ARPU per channel/source can help you understand what channel is making you money. Calculating ARPU is easy. Divide the revenue with the number of users in a specific period of time . Want to know whats your ARPDAU or ARPWAU? Use the same formula over the desired period of time.
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