Not DOGE, But Whales Are Chasing This Meme Coin: Is It a Sign of a Bottom Buy?
Blockchain analytics firm Santiment has announced the ranking of various altcoins in the cryptocurrency sector in terms of the increase in Whale Transaction Count. Here, “Whale Transaction Count” refers to an indicator that tracks the total number of transfers worth more than $100,000 that occur on a given network. Generally, only whale assets can move such large amounts in a single transaction, so the metric is assumed to be representative of the activity of these massive investors.
When the Whale Transaction Count value increases, it means that whales are increasing the number of moves they make each day. Such a trend could mean that there is increasing trading interest in the asset among large holders. On the other hand, a decreasing indicator indicates that whales are paying less attention to the cryptocurrency as their trading activity decreases. Here is the list shared by the analytics firm, showing how the top 10 altcoins currently look in terms of 24-hour increase in Whale Transaction Count:
As seen above, the Arbitrum version of stablecoin Dai (DAI) was the number one cryptocurrency on the list with its Whale Transaction Count witnessing a 2,000% increase in the last 24 hours. #Polygon (MATIC) and meme coin #Floki (FLOKI) on the #Ethereum blockchain followed DAI with whale activity increases of 533% and 450% respectively.
However, this is only true for volatile assets like meme coins Floki and Polygon. For stablecoins, the growth in the indicator may have a different meaning. Investors often use these assets to buy volatile coins, so an increase in the metric for a stablecoin could mean that whales are looking to buy other assets like $FLOKI and #MATİC . However, it is not yet clear whether the high increases in the Whale Transaction Count will be reflected in the prices of these altcoins.
$ETH $POL
$SHELL USDT Skyrockets – Is This Just the Beginning?
{spot}(SHELLUSDT)
$SHELL USDT has surged to $0.6698, marking a massive 66.78% increase in the last 24 hours. The price recently hit a high of $0.7099, showing strong bullish momentum.
Key Levels to Watch
Resistance: $0.7099 – A breakout above this level could fuel further gains.
Support: $0.4016 – Maintaining above this level confirms the strength of the rally.
Trade Setup – Possible Moves
Long Entry: Above $0.6800, targeting $0.7200, $0.7500, and $0.8000
Short Entry: Below $0.6500, potential downside toward $0.6000
Stop-Loss: $0.5900
Market Insights – What’s Next?
With 73.30% of the order book favoring buyers, bullish momentum remains strong.
If SHELL sustains this breakout, expect an extended rally.
A pullback below $0.6500 could lead to a correction before the next leg up.
Stay cautious and manage your trades wisely.
#SHELL
🚨🔥 $SHELL /USDT Rockets 70% – Another Massive Win
Congratulations to everyone who jumped in early on $SHELL /USDT! The coin has surged 70%, smashing through resistance levels and hitting our second target. If you followed this call, you're sitting on some serious profits right now! I personally invested $900, and it skyrocketed—
let me know in the comments how much you made ..
📊 Updated Trade Setup – Next Move?
🔺 Resistance: $0.70 – A clean breakout above this level could drive SHELL to $0.75 and $0.80.
🔻 Support: $0.65 – Holding this level is crucial; a drop below could trigger a retracement to $0.60.
📈 Long Entry: Above $0.70, targeting $0.75, $0.80, and $0.85.
📉 Short Entry: Below $0.65, watch for $0.60 and $0.55 as downside targets.
🚨 Stop-Loss: $0.63 – Lock in profits and manage risk effectively.
💡 Final Thought: SHELL is showing strong momentum, but profit-taking could cause short-term pullbacks. If bulls hold above $0.70, another explosive leg up is possible. Trade smart, take profits, and let’s keep winning 💰💎
#SHELL #CryptoTrading #Binance #NewListings #Write2Earn!
🚀 Crypto Alert: Could XYZVerse Be the Next Big Thing? 🚀
- As Dogecoin faces challenges, XYZVerse is making waves as the first all-sports meme token, captivating both sports fans and crypto enthusiasts.
- With a presale price jump from $0.0001 to $0.002 and a target of $0.1, early investors are eyeing significant gains.
- XYZVerse boasts a solid tokenomics model with deflationary burns and community rewards, aiming for long-term sustainability.
- The project is gaining traction, with 95% of CoinMarketCap voters bullish on $XYZ.
Could XYZVerse be the next moonshot? Share your thoughts in the comments! 💬
WILL #SHELL HITS $1❓ $SHELL /USDT – Vertical Rally! Is the Bull Run Just Beginning❓$SHELL is experiencing an explosive 65.56% surge, currently trading at $0.6649, after hitting a 24-hour high of $0.6777. The sudden vertical spike suggests massive buying pressure, but can the momentum sustain, or is a correction imminent❓
{spot}(SHELLUSDT)
Key Levels to Watch
Resistance: $0.6777 – A breakout could propel SHELL toward $0.7200 and $0.7500.
Support: $0.6200 – Holding above this level is crucial; a breakdown could see a dip toward $0.5800.
Trade Setup
Long Entry: Above $0.6700, targeting $0.7200 and $0.7500.
Short Entry: Below $0.6200, with targets at $0.5800 and $0.5400.
Stop Loss: $0.6050 to limit downside risk.
Market Insights
Parabolic SAR: Indicates strong bullish momentum, but a co Doldown might be near.
MACD: Bullish but overextended—watch for potential retracement.
Order Book: 31.84% buy pressure vs. 68.16% sell pressure, hinting at profit-taking soon.
SHELL’s parabolic rise is attracting major attention. Will bulls keep the momentum, or are traders preparing to cash out? Stay vigilant.
Ripple Announces Major Partnership: Here Are the Details…
Ripple President Monica Long has highlighted how important it is for institutional adoption of digital assets in South Korea. To that end, Ripple has announced its new partnership with BDACS, a major digital asset custodian in the region. The aim is to create a custody infrastructure for $XRP , #RLUSD , and other cryptocurrencies.
Long shared her excitement about Ripple Custody’s potential role in South Korea’s changing regulatory landscape and the growing interest in crypto services for institutions. The partnership aligns with the regulatory roadmap of South Korea’s Financial Services Commission (FSC). The FSC is looking to encourage institutions to get involved in the digital asset market.
According to a press release, Ripple’s partnership with BDACS is designed to strengthen South Korea’s infrastructure for secure institutional-grade crypto custody services. The two companies aim to integrate Ripple Custody into BDACS’ system, providing institutions with a robust and secure place to manage XRP, RLUSD, and other digital assets.
Harry Ryoo, CEO of BDACS, commented on the importance of this partnership. He stated that the custodial services will provide institutions with a secure platform to trade and store digital assets while adhering to regulatory standards. #Ripple Custody will provide crypto holders, exchanges, and OTC desks with a platform to manage and protect digital assets, providing a modern custody solution.
The global crypto market predicts that the number of crypto assets under custody will reach $16 trillion by 2030. Secure custody technology is expected to be essential for the growth of the digital asset ecosystem. #Ripple APAC General Manager Fiona Murray expressed positive feelings about the partnership. She stated that it will allow Ripple to offer its custody solution to institutional investors in South Korea.
$THE /USDT: Potential Pump Exhaustion - Short Signal 📉
$THE is showing a significant price pump of +10.45%, currently trading at $0.6162. The chart reveals a potential rejection at the 24h high of $0.6590, with signs of a topping pattern. The increased volume during the pump suggests speculative interest, but the current price action indicates a possible reversal. The price has retraced below $0.618, a key level.
🎯 $THE Short Signal:
Given the potential topping pattern and the possibility of a correction after a significant pump, a short position appears justified.
✅ Entry Point: Consider entering a SHORT position at the current price of $0.6162 or wait for a potential slight bounce towards $0.620 for a potentially better entry.
✅ Targets:
✅ TP1: $0.600 (Immediate Support Level)
✅ TP2: $0.581 (Next Support Level)
✅ TP3: $0.560 (Further Support Level)
🛑 Stop-loss: Place your stop-loss above the recent high of $0.6590 or slightly above $0.630 for a more conservative approach.
#THE #TradingSignals
{future}(THEUSDT)
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