As Whales Return: Dogecoin (DOGE) and ARB Set to Reap Huge Returns ?

Famous anonymous crypto trader Immortal says crypto markets are preparing for the second leg of this bull run.

Expects prices to rise across the market, saying “everything will rise again.”

He adds that the first rate cut by the Federal Reserve will be the trigger for the second bull run. Based on current whale behavior, here are two altcoins to watch in the next crypto bull run this year.

Dogecoin (DOGE) Whales Buying Like Crazy in Anticipation of Price Rise

Data shows that whales have been buying Dogecoin (DOGE) in large quantities over the past week. Ali Martinez, a well-known crypto analyst, shared a Santiment chart noting that whales have bought more than 200 million DOGE since May 30.

The massive activity of whales suggests that Dogecoin is one of the most worthwhile altcoins to invest in right now. While technical analysis suggests that Dogecoin prices will rise sharply, Cole Garner recently called Dogecoin the silver to Bitcoin’s gold.

Some predict that the price of Dogecoin could surge from $0.16 to a high of $1 during this bull run.

Arbitrum (ARB) Whale Activity Surges 80%

Arbitrum (ARB), one of the famous second-layer networks on Ethereum, has seen increasing whale activity, making it one of the most noteworthy altcoins. According to IntoTheBlock’s large transaction trends, the number of daily Arbitrum transactions over $100,000 grew by nearly 80% in June this year.

The increase in whale activity coincides with Arbitrum’s price breaking through the $1.13 resistance level. The sudden increase in whale transactions could also mean that Arbitrum’s price could soon rise.

If ARB breaks through the $1.50 resistance level, the altcoin price could surge to new highs above $3, thanks to Ethereum’s gains.

Conclusion: According to the whales' activities, Dogecoin and Arbitrum are the most worthwhile altcoins to invest in before the next round of this bull market cycle. 👀 Nearly q1un + Wei: BTC88109, market experts predict that this will become the driving force for its rise to the top. #DOGEUSDT #arb解锁 #TopCoinsJune2024 #5月非农数据即将公布