The world of crypto currency is in a stir once again. According to a CoinDesk report published on April 16, 2025, major crypto tokens such as Bitcoin (BTC), Ethereum (ETH), and Cardano (ADA) saw a slight decline, while Dodgecoin and Solana have given interesting signals in the market.
Table of Contents
- Market Downturn: Is This a Cause for Concern?
- Whales Are Back: Big Moves in Dogecoin
- Solana’s Stability Amid Market Chaos
- Expert Opinions: What Do Analysts Say?
- What Investors Should Expect Next
- Advice for Crypto Investors
- Conclusion: What’s Next for the Crypto Market?
Market down, but nothing to worry about?
- The crypto market fell by about 3% to 5% from Tuesday night to Wednesday morning.
- The price of Bitcoin (BTC) fell from $84,200 to $83,500.
- Ethereum (ETH) and Cardano (ADA) also showed similar weakness.
- Analysts have described this decline as a ‘market breather’ – a natural correction that comes after a bull run.
Whales showed interest in Dodgecoin - bought 800 million DOGE
In the crypto world, ‘whales’ are called those big investors who buy or sell tokens in large quantities. According to the report:
- In the last 24 hours, Dodgecoin whales bought 800 million DOGE.
- Earlier in December 2024 also, these investors had bought 210 million DOGE, which led to a 40% rise in the price of Dodgecoin.
- This purchase is happening when the price of Dodgecoin has fallen slightly – which indicates that big investors are accumulating this meme coin for the long term.
- Experts believe that this is a bullish signal – that is, the price of Dodgecoin may rise soon.
- Solana Stability: Technical Indicators Offer a Ray of Hope
- While the rest of the market is down, Solana (SOL) has shown a stable trend.
- SOL is currently trading near its 50-day moving average, which is considered a support level in technical analysis.
- According to analysts, if SOL maintains this level, it is likely to bounce further.
- The data shows that both whales and retail investors are showing interest in SOL, and this indicates that this token can become a pillar of stability in the market.
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What do experts say?
Crypto analyst ‘Gabriel Wen’ says:
“When whales are active in meme currencies like Dogecoin, it is a strong signal for investors. On the other hand, Solana’s stable performance indicates that the market is not just in a decline, but is looking for a balance.”
What should investors expect next?
- Dogecoin rally — Massive buying by whales could push the price higher.
- Solana long-term rally — A big rally is possible if current support levels hold.
- Market correction — The drop in Bitcoin and other tokens could be temporary.
Advice for investors
- Don’t panic — this drop is a common correction.
- Keep an eye on DOGE and SOL — both are seeing strong investor activity.
- Take a long-term view — Short-term fluctuations are normal in crypto.
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