3 Cryptos Smart Money Is Buying

The recent cryptocurrency market crash hasn't deterred all investors. Data reveals that 'smart money' wallets have been actively accumulating three specific cryptocurrencies: JoeToken (JOE), AI Rig Complex (ARC), and Mochi (MOCHI).

Key Accumulations:

• JOE: Nearly $44,000 in buys over the past week.
• ARC: Over $32,000 in purchases despite a 67%+ price drop.
• MOCHI: $9,000 worth purchased in the last 24 hours, even with a 45% correction in the past week.

Will these tokens recover, or will the downtrend continue? Let's examine each cryptocurrency individually.

JoeToken (JOE)

JOE is the native token of the Trader Joe ecosystem, a leading decentralized exchange (DEX) on the Avalanche network. Despite market volatility, significant smart money buys suggest potential upside. The $70 million market cap might indicate an opportunity for growth.

Price Analysis:

• Upside Potential: A potential rise towards $0.189, with further breakouts potentially reaching $0.215 and $0.243.
• Downside Risk: Support sits around $0.169. Breaking below this could lead to prices under $0.16.

AI Rig Complex (ARC)

ARC is developing the Rig framework, an open-source tool for building AI agents. Despite a significant 67%+ price drop in the past week, smart money accumulation of over $32,000 suggests confidence in the project's long-term potential.

Price Analysis:

• Downside Risk: Support at $0.072 is crucial. Breaking below this could signal further losses.
• Upside Potential: A potential rebound could push ARC towards resistance at $0.0956. A successful breakout could see prices reach $0.13 and even $0.167 (a 110% increase).

Mochi (MOCHI)

MOCHI, a meme coin on the Base chain, saw $9,000 in smart money purchases in the last 24 hours, even amidst a 45% price drop over the past week and a 16% drop in the last day. Its $10.75 million market cap makes it a volatile but potentially rewarding investment.

Price Analysis:

• Upside Potential: A recovery could take MOCHI to resistance at $0.0000159, potentially reaching $0.0000195 and $0.0000247.
• Downside Risk: Support sits around $0.000011. A break below this level could push MOCHI below $0.000010 for the first time since mid-January.

Disclaimer: This analysis is for informational purposes only and does not constitute financial advice. Always conduct your own research.

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