{"id":359685,"date":"2024-10-01T19:04:42","date_gmt":"2024-10-01T13:34:42","guid":{"rendered":"https:\/\/dripp.zone\/news\/dogecoin-and-these-two-crypto-may-lead-uptober-rally-amid-whale-activity-crypto-news\/"},"modified":"2024-10-01T19:11:28","modified_gmt":"2024-10-01T13:41:28","slug":"dogecoin-and-these-two-crypto-may-lead-uptober-rally-amid-whale-activity-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/dogecoin-and-these-two-crypto-may-lead-uptober-rally-amid-whale-activity-crypto-news\/","title":{"rendered":"Dogecoin and These Two Crypto May Lead \u2018Uptober\u2019 Rally Amid Whale Activity – Crypto News"},"content":{"rendered":"

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The September market reversal bolstered most major altcoins to establish strong bottom support. This bullish shift will likely gain momentum as we enter Q4, a historically favorable period for cryptocurrency buyers. As the market gears up for an extended rally, large holders are becoming increasingly active in Dogecoin (DOGE), Injective (INJ), and Shiba Inu (SHIB), aiming to capitalize on their growth potential.<\/span><\/p>\n

Whale Accumulation Sets Dogecoin and Two Crypto to Spearhead \u2018Uptober\u2019 Rally<\/strong><\/h2>\n

Santiment analytics<\/a> reveals that cryptocurrencies with a market cap of at least $2B are experiencing a notable surge in whale activity. Injective (INJ) leads the charge with a staggering 456% surge in whale activity, indicating a potential accumulation trend as the market prepares for the \u2018Uptober\u2019 rally. Top Meme coins Shiba Inu (SHIB) and Dogecoin (DOGE) are also seeing significant whale interest, with SHIB up 360% and DOGE rising by 67%.<\/span><\/p>\n

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\ud83d\udc33 Among cryptocurrencies with at least a $2B in market cap, these are the projects seeing the highest rises in whale activity compared to the week prior:<\/p>\n

1) @injective<\/a> $INJ<\/a> \ud83e\udd47 +456% Rise
2) @wrappedbtc<\/a> $WBTC<\/a> \ud83e\udd48 +421% Rise
3) @shibainucoin<\/a> $SHIB<\/a> \ud83e\udd49 +360% Rise
4) @makerdao<\/a> $DAI<\/a>\u2026 pic.twitter.com\/wagNpAgXEK<\/a><\/p>\n

\u2014 Santiment (@santimentfeed) September 30, 2024<\/a><\/p>\n<\/blockquote>\n

Dogecoin (DOGE)<\/strong><\/h3>\n

DOGE, the dog-themed cryptocurrency, recently plunged from $0.13 to $0.113, accounting for a 14.27% loss. This bearish turnaround followed the broader market pullback, allowing the Dogecoin price prediction<\/a> to show sustainability above $0.112.\u00a0<\/span><\/p>\n

A recent bullish crossover between day 20 and the 50-day exponential moving average allowed buyers to recuperate the bullish momentum. The post-correction swing could drive the asset 20% up to challenge the $0.144 level, followed by $0.176.<\/span><\/p>\n

Santiment data shows that large wallets holding between 10 million and 100 million DOGE have actively increased their buying<\/a>, accumulating 18.71 billion DOGE.<\/span><\/p>\n