What Are Big Crypto Players Betting On? 3 Cryptocurrencies Seeing the Largest Whale Buys as ‘Uptober’ Approaches
Whale Watch: Crypto Insights for Uptober's Market Trends
As the highly anticipated 'Uptober' rally approaches, the cryptocurrency market is abuzz with whale activity, signalling confidence in select digital assets poised for significant growth. Big crypto players, known for making strategic moves ahead of market rallies, are turning their attention to three promising cryptocurrencies: Rexas Finance (RXS), TonCoin (TON), and Dogs token (DOGS). These whales are betting on innovative blockchain projects with transformative use cases, from asset tokenization and decentralized finance to meme coin culture. The surge in whale buys hints at a potential breakout for these tokens, making them the top contenders for explosive gains in the next market cycle.
Rexas Finance (RXS)
As ‘Uptober,’ is just around the corner, the future seems bright for Rexas Finance (RXS). It is quickly becoming one of the most popular coins among crypto whales. Crypto observers were particularly volatile during the month particularly Eth, as to date, the Real World Asset (RWA) sector is still booming with Rexas Finance at the forefront. RXS can develop an alternative scheme of asset rapid colonization by introducing a concept of digital ownership of real-world valuables i.e. real estate, fine art, or rare memorabilia on a blockchain. This innovation allows investors to divide their investments into smaller amounts and purchase and sell parts of valuable assets that have hitherto been beyond the reach of a smaller investing public. Rexas Finance Presale has changed the landscape of accessibility to the market by building a bridge that allows people to invest in many different kinds of real-life assets. Investors, whatever their contribution is either 100 bucks or a million bucks, can invest in different classes of assets due to the platform’s blockchain-oriented nature. Furthermore, the intense demand during its presale, where 26,441,234 RXS tokens sold out at $0.04 each, highlights the confidence in Rexas Finance's potential to reshape asset management. With whales amassing RXS tokens in anticipation of a breakout, the platform is poised to transform the landscape of asset ownership and trading, making it a key player in the upcoming ‘Uptober’ rally.
TonCoin (TON)
Whales are also looking forward to Toncoin, the native token of The Open Network, in the 'Uptober' rally due to the ever-growing interest in the coin caused by the strong Layer-1 blockchain architecture that the coin has been developed to enhance scalability, security, and lower transaction costs – which has only been around for a few months. These advantages especially increase the chance to be widely used in the areas of decentralized finance (DeFi) where speed and low cost of operations are of utmost importance. Ninth, the ability to issue the USDT by the network exceeded $ 1 billion, which is a huge liquidity milestone and one of the reasons for the further development of Toncoin. This development has strengthened the TON ecosystem by facilitating smoother, more efficient trading, exchanges, and value storage, attracting a growing number of users. Moreover, Toncoin’s price has seen notable gains, with a 26.5% increase from $4.4 to $5.2, and it currently trades at $5.63. Investors are now eyeing an 8% breakout, which could push the token beyond a key resistance level, potentially triggering a surge to $8.276. As a result, Toncoin is becoming an increasingly attractive option for whales both long-term investors and new entrants seeking high-growth opportunities within the crypto space.
Dogs token (DOGS)
Since its initial listing at $0.0016 in August, Dogs (DOGS) has faced a significant decline of over 33.7% from its peak, struggling to regain momentum as it now hovers around $0.0019 with minor intraday losses. Despite these challenges, recent trading sessions hint at a potential turnaround, as bulls have stepped in to defend the token’s lower levels. A surge in open interest from derivatives traders signals growing confidence in the meme coin’s recovery, suggesting that DOGS could be gearing up for a rally. As market sentiment improves, DOGS is currently forming a bullish pattern on the daily chart, with the possibility of a 25-30% price rally if the breakout is confirmed. This technical setup, combined with increasing trader interest, positions DOGS for a potential rebound in the short term, offering a glimmer of hope for holders looking to capitalize on its recovery. With the conditions surrounding the Dogs token, whales are optimistic about the coin and believe that it will yield big this 'uptober'
Conclusion
As 'Uptober' draws near, the whale activity surrounding Rexas Finance (RXS), TonCoin (TON), and Dogs token (DOGS) underscores their strong potential for growth in the next market cycle. Each of these tokens offers unique value propositions that appeal to both long-term holders and opportunistic investors. Collectively, these cryptocurrencies represent innovative solutions across various sectors of the blockchain world, and with whales positioning themselves ahead of the rally, they are primed for substantial gains in 'Uptober.'
For more information about Rexas Finance (RXS) visit the links below:
Website: https://rexas.com
Whitepaper: https://rexas.com/rexas-whitepaper.pdf
Twitter/X: https://x.com/rexasfinance
Telegram: https://t.me/rexasfinance
