Whales Flock To These 3 Altcoins While Dogecoin Is Pumped!

Cryptocurrency whales are chasing 3 altcoins as the Dogecoin rally cools. The biggest chest coin has moved the altcoin market with its performance during the week.

Dogecoin rose 155 percent in just 7 days

Thanks to its Dogecoin-led rally, the altcoin market has revived with a substantial price increase. Big investors had to prioritize some altcoins to accumulate more. Although slightly lower over the weekend, DOGE’s price continues to dominate the market environment. The biggest chest coin is currently in the green about 119% on a weekly basis compared to a week ago.

Koindeks.com As you follow, Elon Musk officially completed his Twitter purchase on October 27. This caused the rally of Dogecoin and, as a result, the entire cryptocurrency market. In this context, it is said that Musk can enable Dogecoin (DOGE)-based subscription payments for Twitter.

Whales stockpile these altcoins while Dogecoin is on the train

In the middle, crypto whales are stocking up on a few more altcoins following the current DOGE-led rally. According to crypto phenom Ran Neuner, several altcoins are experiencing a marked increase in buying activity. “3 altcoins are being aggressively accumulated by crypto whales,” Neuner said in the new analysis. He also claimed that the price of Chainlink (LINK) is low because it has been in the accumulation range for a long time. According to Neuner’s analysis, Dogecoin, Chiliz and Chainlink are currently in a heavy accumulation phase.

The crypto analyst is waiting for the current levels to be ideal to buy LINK. This is due to a valuable change to Chainlink’s tokenomics. According to CoinMarketCap, the LINK price is trading at $ 7.97, an increase of 4.35% compared to the previous day. It is currently ranked 21st by market price.

The analyst also added that DOGE’s growth prospects are currently very positive, given Elon Musk’s acquisition of Twitter. In contrast, he questioned whether Dogecoin would eventually be included in Twitter’s various use cases.

The rally is accompanied by the FIFA catalyst

According to Neuner, the 42nd Chiliz (CHZ) is an adequate buying opportunity. CHZ is attracting more and more buyers’ attention as the FIFA World Cup approaches. This is because it is one of the biggest fan tokens. CHZ is currently trading at $0.2181. The opening day of the FIFA World Cup 2022 is set for November 20.

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