- Dogecoin: Whales bought 2 billion DOGE, signaling confidence and potential breakout momentum.
- Tron: Open interest hit $610M, with 11.1B transactions boosting bullish outlook.
- Aave: Buyback plan and $38.8B TVL support a potential rebound above $325.
The altcoin market is heating up again as traders search for fresh opportunities beyond Bitcoin. Three standout tokens are drawing strong attention from both retail buyers and institutional investors. Dogecoin, Tron, and Aave are showing unique signals that could shape their short-term price action. From whale accumulation to record network activity and strategic buybacks, each of these assets carries momentum that could push them higher. Let’s take a closer look at how they stack up.
Dogecoin (DOGE)
Dogecoin’s DOGE has returned to the spotlight after an intense surge in trading activity. On August 14, daily volume hit $5 billion, far above average levels. Such spikes often point to zones where market pressure intensifies. Whales appear confident in the coin’s trajectory. Over the last week, they collected 2 billion DOGE worth nearly $500 million. This kind of accumulation signals trust from large players. Analysts like Altcoin Gordon believe the next move will come soon. Many expect a breakout after DOGE pushed toward the upper trend line. On August 15, Dogecoin traded at $0.22, reflecting a small intraday rise of 0.67%.
Tron (TRX)
Tron continues to ride strong bullish momentum following an eight-week climb of more than 35%. Despite a slight intraday dip of 1.95% on August 15, TRX has shown resilience. That pullback came after reaching $0.37, the highest level in a year. Exchange data reveals a new all-time high in open interest of $610 million. At the same time, the network has processed more than 11.1 billion transactions this month. These figures reflect both investor enthusiasm and consistent blockchain activity. Analysts still see room for growth, with many eyeing the all-time high of $0.45 from December 2024. However, the RSI has climbed to 73, signaling possible overbought conditions.
Aave (AAVE)
Aave continues to stand out in the decentralized finance sector with a massive TVL of $38.8 billion. Despite its network strength, the price recently slipped by more than 5% in one night. On August 15, AAVE traded at $297.25, still far below the 2021 peak of $661. The development team has moved to address supply pressures with a new buyback plan. This initiative aims to make the token more deflationary, which could strengthen long-term value. Analysts are watching the $307 to $312 zone closely. If support holds, the token may rebound above $325.
Dogecoin shows strong whale activity that signals growing confidence. Tron demonstrates rising investor interest through record open interest and transaction growth. Aave combines DeFi leadership with a deflationary plan to support price recovery. Together, these three altcoins present compelling setups for traders watching the market.
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