XRP Whales Accumulate $3.8B, Price Near ATH; Maxi Doge Presale Surges
Large-scale whale buying has pushed XRP to the brink of a new all-time high while fueling interest in emerging altcoins. Between August 7 and 10, major investors added roughly 3.8 billion XRP to their holdings. During that window, XRP’s price climbed from $2.85 to a high of $3.27 and now stands at $3.32, just 4% below its $3.45 ATH set in July. Analyst Gert van Lagen cites a seven-year double-bottom breakout and a successful $1.80 neckline retest, forecasting a potential $34 target for XRP.
Regulatory clarity following the Ripple-SEC lawsuit settlement and fresh US proposals like the GENIUS Act have bolstered whale confidence. This bullish momentum is spilling into new projects such as Maxi Doge (MAXI), which has raised over $806 000 in presale. MAXI’s tokenomics allocate 40% of supply to marketing and 15% to the development team. Audits by Coinsult and SolidProof report no critical issues. Plans include gamified tournaments, NFT launches, and futures trading integrations. With a presale price of $0.000252 and a 347% staking APY, MAXI aims to capture market sentiment as dog-themed tokens command a $51.9 billion niche market.
Bullish
Whale accumulation of $3.8 billion XRP over four days is a strong bullish signal. Historically, large-scale buys by institutional and high-net-worth investors precede price rallies, as seen in 2020 when Bitcoin whales drove rapid gains. XRP’s regulatory clarity after settling with the SEC further underpins confidence. The proximity to its ATH and an analyst’s $34 forecast add momentum for short-term breakouts. Maxi Doge’s presale success and robust tokenomics reflect growing speculative interest in high-yield altcoins, suggesting continued capital rotation. In the long term, improved US regulatory frameworks and rising whale activity could sustain a broader altcoin bull cycle, benefiting both established coins like XRP and new entrants like MAXI.