The second week of November 2024 witnessed a significant rise in activities among crypto whales, suggesting a strategic accumulation of key altcoins amidst improving market sentiments. This activity reflects potential shifts in sentiment or expectations of enhanced price performance in the volatile cryptocurrency market.

High-net-worth investors are showing diverse strategies in their altcoin investments, targeting both established choices and emerging tokens. The most notable altcoins attracting whale attention include Dogecoin (DOGE), Litecoin (LTC), and Ripple (XRP).

For Dogecoin, a positive sentiment possibly linked to Elon Musk's proposed Department of Government Efficiency, endorsed by Donald Trump, has led to augmented whale interest. Dogecoin's price surged 85% within the week, surpassing XRP's market cap, with whales purchasing approximately $636 million worth of DOGE.

Litecoin also saw substantial whale acquisitions. This activity increased the number of LTCs held by large investors and resulted in a 20% price increase, trading at $85.87. With continued whale interest, Litecoin’s price could inch closer to $100.

Finally, Ripple (XRP) also experienced significant whale purchases following its listing on Robinhood and the possibility of SEC Chair Gary Gensler resigning. This led to a 56% rise in XRP's price to $0.87, with potential to reach $1 should whale buying persist.