White WhaleWHALE
$0.0510
Market/Exchange
WHALE Price Prediction and Price Movement
WHALE is up 262.07 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of WHALE can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, WHALE has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on WHALE's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
White Whale Price Chart
About White Whale
WHALE serves as the native Gas asset of Migaloo and as an utility token in the White Whale dApp.
Migaloo is a permissionless Blockchain built with the Cosmos SDK. It comes with its flagship dApp, the White Whale Protocol. The White Whale Protocol is the first live Interchain Liquidity Protocol in the Cosmos Ecosystem.
Migaloo is pioneering the Alliance module. The Alliance module allows whitelisting any token to be staked to the Migaloo chain, increasing its security. A small part of the newly issued WHALE token will be ascribed to stakers of the whitelisted token, allowing them to earn staking rewards. “External stakers” must pay a small fee when staking to the Migaloo chain. This fee will be redistributed to native WHALE stakers. Migaloo will whitelist Liquid Staking Derivative tokens, i.e. ampLuna, bLuna, etc., to allow external stakers to secure their native chain and Migaloo while earning staking rewards from both ecosystems.
The White Whale dApp, with its revenue generated through arbitrage and gauged direction of Interchain Liquidity, sets the perfect groundwork to build vertical and horizontal integrations resulting in a thriving DeFi ecosystem on Migaloo and eventually becoming a central Liquidity Hub of the IBC-Ecosystem.