Types of marine species in the world of cryptocurrencies

Although there is no official and universally accepted classification, in the world of cryptocurrencies, several marine species terms have become popular to refer to investors who hold large amounts of digital coins. These terms are mostly metaphorical and seek to convey the idea of the purchasing power and influence that these investors have in the market.

The most common names of marine species in the crypto world are:

• Whales: This is probably the most known and used term. It refers to investors who hold such a large amount of cryptocurrencies that their actions can significantly move the market. Just like a whale in the ocean, its movement can cause big waves.
• Sharks: Similar to whales, sharks also represent large investors, but they are often associated with a more aggressive or predatory approach in the market.
• Dolphins: Dolphins usually represent investors with a smaller amount of cryptocurrencies than whales or sharks, but still large enough to have a notable impact on the market.
• Shrimp: On the opposite end are the shrimps or prawns, which are the small investors who own a relatively small amount of cryptocurrencies. Their individual influence in the market is minimal.

Data to take into account:

• There is no exact limit, there is no fixed amount of cryptocurrency that defines a whale or a shark. The limits can vary depending on the cryptocurrency and market conditions.
• An investor's classification can change over time as the market evolves and investors buy or sell cryptocurrencies.