Crypto Plankton - What is That?

Crypto plankton is fundamentally absent in the general classification of crypto holders and investors.

Crypto Plankton is another term, outside the general classification of crypto holders and investors, where the number of assets owned is very small, even below the asset holders who are referred to as small shrimp.

What are the general classifications of crypto holders?

There are several common classifications of cryptocurrency investors or traders based on the amount of cryptocurrency they hold. Here are some of the most common ones:

1. Shrimp: This refers to investors or traders who hold a very small amount of cryptocurrency, typically less than $1,000 worth.
2. Minnows: Minnows are investors or traders who hold a small amount of cryptocurrency, typically between $1,000 and $10,000 worth.
3. Dolphins: Dolphins are investors or traders who hold a moderate amount of cryptocurrency, typically between $10,000 and $100,000 worth.
4. Whales: Whales are investors or traders who hold a large amount of cryptocurrency, typically over $100,000 worth.
5. Orcas: This classification is sometimes used to refer to investors or traders who hold an extremely large amount of cryptocurrency, typically in the millions or tens of millions of dollars worth.

It's worth noting that these classifications are not set in stone and can vary depending on who you ask. Additionally, the values listed above are just rough guidelines and can also vary based on the specific cryptocurrency being discussed.

Why does such a classification exist?

The classification of cryptocurrency investors or traders based on the amount of cryptocurrency they hold exists primarily as a way to describe the different types of players in the cryptocurrency market.

These classifications can be useful for a number of reasons. For example, they can help analysts and investors get a better sense of the overall distribution of cryptocurrency ownership and how it is changing over time. They can also be used to identify trends in trading behavior and to make predictions about the future direction of the market.

In addition, these classifications can be helpful for individual investors who are trying to make decisions about their own cryptocurrency holdings. By understanding where they fit in the overall landscape of cryptocurrency ownership, investors can get a better sense of their own risk profile and make more informed decisions about when to buy or sell their holdings.

Overall, the classification of cryptocurrency investors or traders based on the amount of cryptocurrency they hold is a useful tool for understanding the complex and rapidly-evolving world of cryptocurrency.