3 Altcoins That Savvy Investors Are Eyeing Ahead of September Rate Cuts

The crypto market appears relatively stagnant today, remaining unchanged since yesterday. Throughout the past week, various categories—including smart contract platforms, layer-1s, DeFi tokens, DEX tokens, and meme coins—have faced downward pressure. The global crypto market capitalization has decreased from $4 trillion to $3.86 trillion, marking a 3.5% decline over the past few days.

However, beneath this surface-level stagnation, astute investors—wallets recognized for swift gains and strategic positioning—are discreetly accumulating. Here are three altcoins that these savvy investors are purchasing despite the overall market downturn.

Shiba Inu (SHIB)

Shiba Inu has seen a correction of over 6% in the past week, yet this pullback appears to have piqued considerable buying interest.

With rate cuts anticipated in September and a renewed appetite for risk, savvy investors seem to be positioning themselves in SHIB, making it one of the altcoins currently favored by smart money wallets.

On-chain data validates this trend. Over the last week, astute wallets have increased their holdings by 9.29%, acquiring around 3.78 billion SHIB.

The broader context is even more revealing. The top 100 addresses added another 152.7 billion SHIB, while exchange balances diminished by 1.1 trillion SHIB.

In total, nearly 1.2 trillion SHIB, valued at approximately $15.7 million, has moved into stronger hands, signaling that accumulation is not limited to just smart money.

Technical analysis supports this finding. Observing the 4-hour chart, which often highlights short-term trend reversals, SHIB has recently shifted to a bullish stance after six consecutive bearish sessions.

The bull bear power (BBP) indicator, which assesses the balance between buying and selling pressure, has turned positive, signaling that bulls are regaining dominance.

The immediate resistance is positioned at $0.00001244. A closing above this level in the 4-hour timeframe could create opportunities toward $0.00001273, while risks of decline re-emerge below $0.00001216 and become fully invalidated under $0.00001198.

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Uniswap (UNI)

Uniswap’s token has experienced a relatively quiet August, with prices down more than 3.5% during the past month. In spite of this correction, savvy investors have been gradually increasing their positions, indicating rising confidence in the DEX token narrative. With stablecoin liquidity and decentralized trading activity on the rise, tokens like UNI are integral to the DeFi landscape.

This context, combined with expectations of September rate cuts, may be incentivizing smart investors to accumulate at this time.

In the past 30 days, smart investors have increased their holdings of UNI by 6.51%, lifting their total to 41.67 million UNI. At the current price of $9.77, this represents an investment of approximately $24.9 million.

Whales have also boosted their positions, acquiring 8.74 million UNI. Concurrently, exchange reserves have decreased by 0.89%, around 5.8 million UNI, indicating outflows.

Collectively, this accumulation reflects over $167 million in UNI buying strength distributed among smart investors, whales, and exchange outflows—underscoring that UNI is one of the altcoins being aggressively acquired by smart money.

From a technical standpoint, UNI is trading at $9.77, supported by a long-term ascending trendline that has served as a foundation for a broader pattern.

Immediate resistance sits at $9.90, and a breakout above this level could enable upside movement toward $10.20 and $10.50.

A more pivotal test lies at $11.63, which would confirm a bullish reversal. Conversely, if UNI were to slip below $8.67, it would invalidate this scenario and shift sentiment back toward the bearish side.

Lido DAO (LDO)

Lido DAO (LDO), another DeFi option similar to Uniswap, has also seen accumulation from smart investors in the prior week.

Despite LDO correcting over 17% in late August, smart money increased their holdings by 2.36%, now totaling 26.48 million tokens. The top 100 addresses reflected this trend, raising their holdings by 0.13% (approximately 1.08 million tokens, valued at $1.32 million).

At the same time, exchange balances have dropped by 2.2 million tokens, worth nearly $2.7 million.

In total, this amounts to over $4.7 million in net buying pressure, indicating broad accumulation from smart money and large holders despite whales reducing their holdings by 13.48% (15.68 million tokens).

Technically, the 4-hour chart reveals that LDO has broken out of a descending triangle that had constrained price movement since August 23.

This breakout implies the invalidation of the bearish trend, although a bullish reversal has yet to be confirmed. Notably, the bearish power indicated by the BBP indicator has also diminished.

Smart money appears to be betting that invalidating this bearish pattern could facilitate a short-term rebound, provided the price gains strength above $1.26. Should that level be maintained, the next target would be $1.29, which remains a significant resistance point.

For invalidation, if LDO were to dip back below $1.21, it would fall beneath the broken trendline, raising skepticism regarding the rebound. A decisive breakdown beneath $1.18 would completely negate smart money’s optimism and transfer momentum back to the bearish sentiment.