Whales have purchased large amounts of Dogecoin (DOGE), Injective (INJ), and PAAL AI (PAAL), highlighting the growing interest in these tokens. DOGE’s whale addresses increased from 660 to 671 in the past week, with the price up 5% and a market cap of nearly $47 billion.
INJ has seen whale accumulation again, with the number of key addresses climbing steadily, while the price has risen 6% week-on-week and reached a market cap of $2 billion. Meanwhile, PAAL has surged 94% in 30 days, driven by the crypto AI narrative.
INJ accumulation trend resumes
After a period of inactivity, whales have resumed accumulating INJ since December 19. The number of addresses holding 100,000 to 1,000,000 INJ and 10,000 to 100,000 INJ has increased to 43 and 90, respectively. Injective has risen 6% in the past seven days and has a market cap of $2 billion. Increased whale activity indicates increased confidence among key investors, which could support the token's upward momentum.
PAAL (PAAL) performs strongly
Whales are buying PAAL AI, which has surged 94% in the past 30 days, thanks to strong interest in projects that cross cryptocurrencies and artificial intelligence. The number of wallets holding 100,000 to 1,000,000 PAAL has stabilized at 490, up from 477 on December 19. This suggests that investors are still holding on to their positions rather than selling, reflecting confidence in future growth potential. However, stable wallet activity also suggests that the token may be entering a consolidation phase, waiting for the next catalyst to determine the short-term direction.
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