This week, the cryptocurrency market has fallen into decay, and over the past seven days, global market capitalization of cryptocurrencies has decreased by 11%.
Since the market continues to encounter volatility, crypto -kits acquire certain altcoins for a decline navigation. Some of the tokens that attract the attention of large investors during the first week of February are Dogecoin (DOGE), PEPE (PEEPE) and Cardano (ADA).
Dogecoin (DOGE)
This week, the leading Memoet of Doge received significant attention of the whale. A triple jump in Netflow of its large holders, which has increased by 112%over the past seven days, reflects whale activity.
Large holders belong to the addresses of whales, which own more than 0.1% of the circulating offer of the asset. NETFLOW of them monitors the difference between the coins that they buy and sell for the established period.
When their Netflow falls, this indicates that these large investors buy more coins. This is a bull signal that can encourage retail merchants to increase their purchase.
If Doge Whales continues to buy Altcoin, this can resume its ascending trend and rise to $ 0.32.
Pepe (Pepe)
Mebe Coin on Ethereum Peepe is one Altcoin that whales bought this week. The Beincrypto assessment of its distribution of proposals shows that the addresses of whales containing from 100,000 to 1,000,000 tokens bought 870 million PEPE in the last seven days.
This pushed the Peepe Holdings group to the record maximum of 27.09 billion.
If the accumulation of whales remains, the cost of a coin of memes can increase to 0.000010 dollars.
Cardano (hell)
This week Coin Layer-1 (L1) ADA is also the best choice among crypto-kits. According to Santiment, large ADA investors owning from 100 to 1 billion coins scored 330 million ADA worth more than $ 230 million over the past seven days.
Moreover, if the accumulation remains, the L1 coin can see the missile of its value above $ 0.80.
