The crypto market has faced a significant decline this week, witnessing an 11% drop in global market capitalization over the past seven days due to increased volatility.

In response to the market downturn, crypto whales have been strategically acquiring specific altcoins during the first week of February. Dogecoin (DOGE), Pepe (PEPE), and Cardano (ADA) have emerged as the tokens capturing the attention of major investors.

Dogecoin (DOGE) has seen a notable influx of whale activity this week, with a 112% spike in large holders' netflow indicating increased buying activity. This surge in whale interest could potentially fuel a bullish trend for DOGE, pushing its price towards $0.32.

Meanwhile, Ethereum-based meme coin Pepe (PEPE) has also attracted whale investment, with whale addresses purchasing 870 million PEPE in the past week. This accumulation has propelled the meme coin's value to a potential rise to $0.000010.

Lastly, Cardano (ADA) has been a favored choice among crypto whales, with large investors accumulating 330 million ADA valued at over $230 million in the last seven days. If this trend of accumulation continues, ADA could experience a significant surge in value, potentially exceeding $0.80.