- DOGE shows slight recovery but struggles with a “death cross” and declining price.
- WIF faces backlash after the Las Vegas scandal but remains part of Solana’s meme coin market.
- Despite losses, AI16Z draws whale interest after a large investment and recent exchange listings.
Even with recent market swings, some promising altcoins continue to grab the attention of whales. These big investors keep eyeing resilient tokens, despite the volatility. Here are three altcoins—Dogecoin, dogwifhat, and ai16z—that whales are still accumulating, even as the market faces challenges.
Dogecoin: Can DOGE Turn Things Around?
Dogecoin has faced some tough times lately. The price dropped by over 30% last month. Recently, DOGE showed a slight recovery. But, the token still faces downward pressure, dropping almost 4% in the last 24 hours. A “death cross” pattern appeared, which usually signals a price drop. However, DOGE’s open interest (OI) has risen in the last two days, hinting at a potential shift in momentum.
dogwifhat: Can WIF Bounce Back After the Las Vegas Scandal?
Dogwifhat is a meme coin on the Solana network that has been struggling. The coin was dragged into the Las Vegas Sphere scandal. WIF plunged over 64% last month. Despite this, Solana’s meme coin market is still seeing higher application revenues. Concerns about meme coins on Solana continue to grow, but WIF remains a coin to watch.
ai16z : Can AI16Z Recover After Recent Losses?
ai16z—AI16Z, a decentralized autonomous organization (DAO), has had a rough month. The token lost almost 70% of its value. Despite the losses, AI16Z gained attention when a whale invested $8 million. Afterward, the whale pulled over $5 million in Solana. Despite this downturn, AI16Z continues to attract investor interest, especially with recent exchange listings.
Whales continue to accumulate DOGE, WIF, and AI16Z, even with the challenges. DOGE shows signs of recovery with increased open interest. WIF remains part of Solana’s meme coin market, despite the recent scandal. AI16Z, though down, still attracts significant whale interest. These three altcoins are worth keeping an eye on.