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Cryptocurrency News Articles
XRP, ADA, and DOGE Are Gaining Attention From Whale Investors – Is There Something They Know That Other Traders Don't?
Jan 22, 2025 at 07:16 pm
Whale activity is once again sparking intrigue across the cryptocurrency community, often signaling the potential for massive price movements.
Cryptocurrency whales are once again making their presence felt in the market, and their activity is signaling a lot of potential for XRP, ADA, and DOGE.
As we can see from the recent Whale Alert report, a staggering 30 million XRP tokens, valued at around $95.5 million, were moved from the South Korean exchange Upbit to an unidentified wallet address on January 19, 2025.
This large-scale transaction has sparked interest among traders who follow such movements closely, as they often indicate strategic positioning or upcoming shifts in the market.
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XRP Price Analysis
Such large-scale movements are often hinting at strategic positioning, which could foreshadow an upcoming market shift for Ripple’s native token.
As XRP continues to trade within a bullish pattern and is nearing crucial resistance levels, these whale activities might be signaling a potential breakout and price surge for XRP in the coming days.
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ADA Price Analysis
Whale activity is also pivoting towards Cardano, with wallets holding between 10 million and 100 million ADA adding roughly 120 million tokens to their balances over two days.
These wallets now hold a combined total of 12.06 billion ADA, up from 11.94 billion ADA on January 17, 2025.
With the current price hovering around $0.98, this accumulation translates to over $100 million worth of ADA, suggesting growing confidence in Cardano’s long-term potential as it trades in the $0.9 range.
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DOGE Price Analysis
Last but not least, Dogecoin is also seeing a lot of interest from crypto whales.
According to trader Ali Martinez, whales have been accumulating DOGE rapidly, with a staggering $640.5 million worth of the meme coin being acquired within just 48 hours.
This massive accumulation of DOGE by whales is bound to spark discussions about the meme coin’s potential to surprise the market once again, considering its past price surges and enthusiastic community.
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Wall Street Pepe ($WEPE) Is On Its Way To Completely Sell Out In Its Presale Phase – Nearly $55 Million Worth of Tokens Sold
Among the new crypto projects capitalizing on the market buzz is Wall Street Pepe ($WEPE), which has been garnering attention in its presale.
As of now, there is a total of $54.9 million generated in fundraising from the community, out of the targeted $75 million before the project launches.
This leaves around $20 million worth of tokens left for investors to buy before the presale sells out completely.
At the time of writing, one $WEPE token is valued at $0.0003665, and considering the planned post-launch surge, many investors are jumping at the chance to get a great entry point.
Also, this coin is easily accessible to a wide array of investors thanks to it accepting payments in both crypto and traditional bank cards.
Another aspect that is bound to get traders’ attention is the fact that more than 33 billion tokens, out of the total 100 billion supply, are being staked by investors.
With the current price and staking rewards, which go as high as 24% APY, traders can get a lot of passive income from holding $WEPE for the long term.
Moreover, the project passed audits from Coinsult, which checked the code and smart contract for any issues or vulnerabilities that could lead to a rug pull or hack.
The project aims to benefit small traders thanks to its insider trading group
One of the interesting things about the project is that all token holders automatically become a part of the “WEPE Token Army.”
This exclusive group will have access to trading strategies, alpha calls, and directions to have a better understanding of the crypto market.
The idea is to benefit small traders who often get suffocated by whale investors who have insider information, which enables them to take all the profits.
Also, group members can compete in weekly tournaments where the best traders can get additional $WEPE tokens as a reward.
The project is also being heavily endorsed by some of the most prominent figures in the crypto community, such as ClayBro.
He made numerous videos explaining the long-term profit potential of $WEPE, which is garnering a lot of attention from viewers.
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The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Rollblock (RBLK): A New Giant Rising in the Crypto Space Targeting the iGaming Industry
- Jan 22, 2025 at 11:45 pm
- A lot of crypto enthusiasts are familiar with Binance Coin (BNB) and Solana (SOL), the two giants offering solid performance and stability. However, a newcomer called Rollblock (RBLK) has been sparking interest lately, thanks to a distinct approach that blends blockchain technology with online gaming.
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- Can Dogecoin Price Ever Hit $0.70 Again? DOGE Millionaire Gives Surprising Answer With $2.2M Buy Into Mystery Altcoin
- Jan 22, 2025 at 11:45 pm
- Dogecoin (DOGE) has recently seen a sharp pullback in its price. Once peaking at nearly $0.70 during its meteoric rise, DOGE now faces significant price resistance and skepticism among investors who are questioning if the meme coin can ever regain its former glory.