According to Crypto Whale Activity Top 4 Altcoins to Watch This Week

Recent cryptocurrency market movements have highlighted several altcoins attracting significant attention from large investors, commonly known as "whales." Here are four altcoins to watch this week based on recent whale activity:

Dogecoin (DOGE)

Dogecoin has seen substantial whale accumulation, with large investors purchasing 160 million DOGE in a single day. This activity coincides with DOGE surpassing the $0.46 resistance level, indicating potential for further growth.

XRP (XRP)

XRP has experienced notable whale transactions, including a purchase of over 100 million XRP during a market dip and a transfer of $329 million worth of tokens. These movements suggest confidence in XRP's potential, with price targets ranging from $2.52 to $5.85, and long-term projections up to $18.22, depending on market conditions and regulatory developments.

Aave (AAVE)

Aave has attracted whale investments totaling approximately $35 million, leading to a 42% price increase over the past week. This surge is partly attributed to reports of interest from notable figures in the crypto space. Continued whale accumulation could drive AAVE's price higher, though investors should be cautious of potential profit-taking.

Virtuals Protocol (VIRTUAL)

Virtuals Protocol has garnered significant whale interest, with purchases of 6.30 million VIRTUAL tokens contributing to a rally that reached a new all-time high. The token's current price is around $2.46, and sustained buying could push it above $2.30. However, investors should be aware of the risks associated with profit-taking.

These altcoins have demonstrated increased whale activity, indicating potential for significant price movements. However, the cryptocurrency market is highly volatile, and it's essential to conduct thorough research and consider your risk tolerance before making investment decisions.