Crypto Whales Are Buying These 3 Altcoins After Dogecoin (DOGE) Surge

Last week’s crypto rally led by Dogecoin (DOGE) also rejuvenated the altcoin market with significant price rise. It also meant large crypto investors prioritizing some altcoins over others for accumulation. Despite a minor slump over the weekend, DOGE price is still a dominant factor in the current market scenario. On a weekly basis, the top memecoin is currently up by around 104% compared to a week ago.

Elon Musk’s official takeover of Twitter on October 27 led to the skyrocketing of Dogecoin, and in turn the entire crypto market. Musk has always been a huge supporter of the DOGE project and tried to integrate the memecoin in Tesla payments. In May this year, the Tesla CEO said customers would now be able to buy Tesla merchandise with Dogecoin.

Anvesh reports major developments around crypto adoption and trading opportunities. Having been associated with the industry since 2016, he is now a strong advocate of decentralized technologies. Anvesh is currently based in India. Follow Anvesh on Twitter at @AnveshReddyBTC and reach him out at [email protected]

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