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Whales Buying the Market Dip, Toncoin, Cardano, and Angry Pepe Fork Top the List

Release: 2024/09/16 17:40 Reading: 472

Original author:ETHNews

Original source:https://coinmarketcap.com/community/articles/66e7f83634da574018169ca4

Whales Buying the Market Dip, Toncoin, Cardano, and Angry Pepe Fork Top the List

August brought bearish conditions to the crypto market, but whale activity suggests a potential upswing. Toncoin (TON), Cardano (ADA), and Angry Pepe Fork have garnered particular interest from these large investors.

Toncoin Shrugs Off US Economic News

Despite a strong US job report, Toncoin has maintained an upward trajectory, rising 14% in the last week to reach $5.55. This growth has propelled TON, the token affiliated with Telegram, to the 10th position in terms of market capitalization, exceeding $13 billion.

Whale interest has contributed to Toncoin's resilience. Amidst the market downturn, whales have sought opportunities to capitalize on the dip, resulting in increased demand for TON. The ecosystem's growing user base has further attracted their attention.

Whales Signal Cardano's Recovery

ADA has faced setbacks this year, with a 44% year-to-date loss. However, it has shown signs of recovery recently, rising nearly 10% last week to reach $0.3532. Whale activity has been a contributing factor to this uptick.

Despite the overall decline, whales remain optimistic about Cardano. As a major competitor to Ethereum, the network has introduced innovative upgrades. The Chang hard fork is expected to enhance its decentralization.

Cardano's transition to community governance will empower its holders and potentially boost innovation on its platform. These developments have drawn the attention of whales, who are now investing in ADA.

Angry Pepe Fork's Rise in the Memecoin Landscape

Similar to TON and ADA, Angry Pepe Fork has experienced a surge in popularity. This Solana-based token is predicted to be one of the most profitable in 2025.

Currently in its presale phase, Angry Pepe Fork (APORK) is designed to dominate the "zombie coin" market. It offers utility beyond mere speculation, rewarding users with every step they take.

Staking, quests, community events, and engagement all contribute to earning opportunities. Unlike other meme coins, APORK emphasizes investor care. Its limited supply of 1.9 billion tokens makes it appealing to both meme enthusiasts and serious investors, offering entertainment and long-term potential.

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