Solana And Dogecoin Whales Accumulate New DeFi Token On Presale Ahead Of Predicted 15x Growth
The post Solana And Dogecoin Whales Accumulate New DeFi Token On Presale Ahead Of Predicted 15x Growth appeared on BitcoinEthereumNews.com.
Whale investors from Solana (SOL) and Dogecoin (DOGE) are making waves by accumulating a new DeFi token in its presale stage, highlighting an expectation of a possible 15x growth. The recent increase in whale activity within the Solana and Dogecoin ecosystems highlights strong confidence in these projects, mainly supported by developer activity on Solana and growing whale transactions for Dogecoin. Nonetheless, these whale investors are turning to the new DeFi token that offers lucrative opportunities for investors. Solana Sees Surge in Developer Activity and Whale Accumulation On October 8, 2024, Santiment shared new data on activity within major blockchain ecosystems, including Solana. The surge in the GitHub daily events means developers are actively supporting, updating, and evolving the platforms. Santiment data revealed that Solana recorded a remarkable 10.7% surge in notable GitHub activities in the first week of October. The development showcased Solana’s innovative capacity and reflected positively on SOL’s market performance. The Solana market has been heating up, with whale activity showing a huge spike recently. SOL whales made their presence known with the coin’s price nearing critical resistance zones. These whales control over 59% of the circulating supply, and they influence the market performance of SOL. With whales now confident of Solana’s potential, it may cause more buying pressure in the coming weeks. On October 9, SOL was trading at $143.94, down 2.26% in the past week. Experts say SOL will rise to $158.94 this month, supported by increased whale demand. These whales are also accumulating a new DeFi token predicted to grow 15x once its presale is completed. Dogecoin Whales Accumulate $220 Million Worth of DOGE Dogecoin was one of the many meme coins that gained massively at the end of September 2024. Since then, DOGE has lost momentum and is trading below…
Filed under: News - @ October 11, 2024 4:26 pm