The post Which Altcoins Are Crypto Whales Buying? Exploring Solana, AVAX, Toncoin, SUI, And JetBolt appeared on BitcoinEthereumNews.com.

Solana (SOL), Avalanche (AVAX), Toncoin (TON), Sui (SUI), and JetBolt (JBOLT) are turning heads in the post-election crypto rally. Solana’s scalability and speed keep it in the spotlight, while Avalanche has bounced back with impressive gains. Toncoin is carving a niche in GameFi, boosted by its connection to Telegram, and SUI is attracting attention with its innovative blockchain design. Among these names, JetBolt is the youngest contender. This new token offers zero-gas fees and a suite of unique features that emphasize community engagement. What’s driving the buzz around Solana, AVAX, Toncoin, and SUI? And how does JetBolt fit into the mix? Let’s take a closer look. Why Are Whales Investing In Solana? Solana continues to dominate headlines with its scalability and unmatched transaction speeds. Solana currently rides a fifth-wave uptrend, with projections suggesting a rise to as high as $489. Open Interest in Solana recently reached $4 billion, signaling a robust influx of speculative capital. These technical indicators underscore SOL’s appeal to whales who value strong momentum and ecosystem expansion. Solana’s bullish sentiment is further reinforced by key support zones around $175, and its ecosystem is growing at an impressive rate, fostering confidence among investors. This rapid expansion makes SOL a top choice for crypto whales. Is Avalanche’s Bullish Phase Just Beginning? Avalanche has cemented its position as a high-performance blockchain capable of hosting decentralized finance projects. Recently, the coin reported a 27.94% gain in just a week. Avalanche’s recovery from its lows in October shows the token’s resilience. Key resistance at $43.50 marks the next big milestone for AVAX. Whales are particularly drawn to Avalanche’s efficiency and scalability, which continue to fuel its ecosystem. The recent bullish momentum suggests that the coin is gearing up for sustained growth. However, overbought signals in its RSI hint at short-term consolidation before…

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Filed under: News - @ November 13, 2024 10:19 pm