This week, new demand revived across the cryptocurrency market, with multiple assets recording notable profits.
A 5% increase in global cryptocurrency total market capitalization reflects this new appetite for digital assets. With this momentum, large investors called whales are taking advantage of the surge to increase their holdings of hand-selected altcoins.
ondo
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Ondo, the native token of Ondo Dao, is one of the top picks of Crypto whales this week. On-chain data reveals that since September 5th, large holders with wallets containing 1-10 million ONDOs have accumulated 23.73 million tokens.
This surge in whale demand, combined with the bullishness of the broader market, increased Ondo’s value by 21% last week.
If this buying momentum continues, Ondo could rise towards $1.135, reflecting the trust of new investors and market strength.
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Conversely, if demand stalls, the token could trace some of its recent profits and potentially return to $1.014.
Official Melania Meme (Melania)
Meme Coin Melania is another asset that attracted attention from Crypto whales this week.
According to Nansen data, Melania’s Whale Holdings rose nearly 4% last week, reflecting increased confidence among large investors.
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This surge in whale activity has already contributed to Melania’s recent performance, helping to climb nearly 10% over the past seven days.
As the pressure on repurchase continued, Melania was able to extend its profits and focus on $0.2237.
Meanwhile, if demand for whales drops and purchasing activity slows, the token could face a pullback to $0.19.
Myx Finance (Myx)
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Myx has skyrocketed nearly 1,000% over the past week, with some being fueled by growing whale activity. During this period, holders with wallets containing over $1 million in MYX increased their position by 17%.44, bringing their total holdings to 855,419 tokens.
If these investors continue to accumulate, Myx can increase its price by more than $14.95.
Conversely, when demand softens and purchase activity slows, the token may face pullbacks, and the price could immerse itself in $11.78.
