Tap to Trade in Gate Square, Win up to 50 GT & Merch!
Click the trading widget in Gate Square content, complete a transaction, and take home 50 GT, Position Experience Vouchers, or exclusive Spring Festival merchandise.
Click the registration link to join
https://www.gate.com/questionnaire/7401
Enter Gate Square daily and click any trading pair or trading card within the content to complete a transaction. The top 10 users by trading volume will win GT, Gate merchandise boxes, position experience vouchers, and more.
The top prize: 50 GT.
.
WLFI, linked to Donald Trump, is one of the key altcoins attracting whale attention this week. This comes as the altcoin's value has fallen 13% in the last seven days.
According to on-chain data, whale addresses holding between 1 million and 10 million WLFI tokens increased their holdings by 26.72 million during the week under review.
Today, World Liberty Finance announced that its team will implement a token buyback and burn mechanism this week. If this move, combined with the recent surge in whale demand, generates upward momentum, WLFI's price could rise to $0.2059.
On the other hand, if demand decreases, the token could experience a pullback towards the $0.1814 level.
PEPE
The Solana-based meme coin PEPE is also attracting significant interest from crypto whales.
Large investors holding more PEPE tokens, worth more than $1 million, capitalized on market weakness, increasing their positions by 1.36%.
This accumulation reflects growing confidence among high-net-worth investors, who see the current market decline as a strategic entry point.
Continued whale activity could support further gains for PEPE, pushing its price to $0.00000984.
On the other hand, a slowdown in whale buying could leave the token vulnerable to further short-term declines. In this scenario, its price could fall to $0.00000830.
Polygon Ecosystem Token (POL)
The price of POL has fallen 16% in the last seven days. During this decline, large wallet addresses holding between 100,000 and 1 million tokens have been actively accumulating the altcoin, taking advantage of lower price levels.
Data shows that the supply of this group of investors increased by 220,000 POL tokens during the week under review.
This trend suggests that POL whales are capitalizing on the weak performance and positioning themselves ahead of the expected market recovery.
If accumulation continues, POL could reverse its downtrend and rise to $0.2308.
However, renewed sales could push the token's price to $0.1092.