Whales accumulate meme coins in August
On-chain data indicates that large investors (whales) are accumulating six meme coins with strong potential for appreciation:
• Little Pepe (LILPEPE) is in its final stretch of presale, with over 91% of the tokens sold.
• Pudgy Penguins (PENGU) shows technical signs of a rise, with RSI suggesting buying strength.
• SPX6900 (SPX) completed a bullish chart pattern “cup-and-handle,” signaling a possible rise of up to 44%.
• Dogecoin (DOGE) remains strong, with whales taking advantage of dips to buy — over 310 million DOGE have been accumulated.
• Shiba Inu (SHIB) maintains positive momentum despite the drop in burn rate, with increasing volume and transactions.
• Bonk (BONK), linked to the Solana ecosystem, is again in the spotlight with increased future speculation.
This movement highlights the growing maturity of meme tokens and the strategic role of major players in the early accumulation of what could generate significant speculative returns.
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Visa sees stablecoins as an opportunity in emerging markets
In an interview, Cuy Sheffield, head of crypto at Visa, commented on the potential of stablecoins:
• Visa does not see a threat in the use of stablecoins by giants like Amazon or Walmart, considering its effective payment system in the U.S.
• The focus is on emerging markets — Latin America, Africa, and Asia-Pacific — where stablecoins can facilitate high-value transfers and improve access to financial solutions.
• The company views stablecoins as instruments to democratize financial access, connecting less developed markets with the globalized world.