In contrast to the expectation, the cryptocurrency market has mainly undergo convergence since Donald Trump took office on January 20. The top assets kept the fluctuations in the amplitude, no fluctuations Dramatic price.
However, big investors are still accumulating some specific altcoins, taking advantage of a stable trading environment to put themselves in the future position. Among the top options this week are Avalanche (AVAX), Dogecoin (DOGE) and Lido Dao (LDO).
Avalanche (Avax)
Avax, first -grade currency, is one of the top choices of big investors this week. This is evident in the increase of three -digit digits in the pure cash flow of large investors in the past seven days, soaring 151% according to the data of IntotheBlock.
The large addresses are accounts that own more than 0.1% of the supply of a property. The pure cash flow of large keepers monitor the difference between the purchase and sale of these currencies over a period of time.
As the cash flow increases, that means big investors are buying more. This is a positive signal, showing that the price may rise. If Avax investors continue to accumulate, the price of coins can reach $ 40.
Dogecoin (DOGE)
The leading Doge Coin Coin Meme is also an altcoin that has attracted the attention of big investors this week.
Analysis of Dogecoin’s supply distribution shows that large addresses with more than 1 billion DOGE have accumulated 1.65 billion DOGE this week, worth more than US $ 569 million. This raises the group’s hold to 74.06 billion DOGE.
If big investors continue to buy Meme Coin Coin, the price may exceed the decisive resistance threshold at $ 0.40.
Lido Dao (LDO)
LDO of Lido Dao also witnessed an increase in the operation of major investors this week. On-chain data shows that big investors hold from 1 million to 10 million tokens have accumulated 15 million LDO worth more than $ 31 million this week.
If the accumulation continues, the value of this liquid betting money may increase to 2.26 USD.
