Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
Shares of NIO Inc. (NYSE:NIO) and Li Auto Inc. (NASDAQ:LI) are trading lower after competing Chinese EV company XPeng Inc. (NYSE:XPEV) reported high pre-order volume for a low priced vehicle.
According to cnEVpost, XPeng received more than 5,000 orders for its upcoming P5 sedan in just seven hours after the vehicle was available for pre-sale.
NIO designs, develops, manufactures, and sells smart electric vehicles in China. The company offers five, six, and seven-seater electric SUVs, as well as smart electric sedans.
Nio's stock was trading about 4.3% lower at $40.94 per share on Monday. The stock has a 52-week high of $66.99 and a 52-week low of $10.91.
Li Auto, through its subsidiaries, designs, develops, manufactures, and sells smart electric sport utility vehicles (SUVs) in China.
Li Auto's stock was trading about 4.1% lower at $29.07 per share. The stock has a 52-week high of $47.70 and a 52-week low of $14.31.
Crypto Whales Are Loading Up — Are You?
New research shows the biggest crypto buyers are back. And this time? They could hold for the possibility that Bitcoin will surpass $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To know exactly what’s going on and what to buy… Get Access To Benzinga’s Best Crypto Research and Investments For Only $1.
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