Dogecoin explodes 150% as sharks and whales return
Description: On-chain data shows that the number of Dogecoin addresses ($DOGE
) holding between 100,000 and 1,000,000 coins, classified as whales and sharks, has increased in recent days. The number of addresses holding between one and 10 coins, which are likely to be small retail investors, has also increased, but the number of these large investors has declined over the past month. The price of Dogecoin has risen 21% in the past 24 hours to $0.383, helped by the return of these large investors.