Recently, the price of DOGE has been quite volatile. On November 23rd, due to large whale sell-offs, the price dropped to $0.36.

However, whales then started buying again, driving the price back up to $0.38. The buying behavior of the whales alleviated market pressure and improved market sentiment.

Previously, when whales sold off, the supply of DOGE dropped from 10.59 billion to 10.39 billion, leading to a price decline. Now, whales have bought back approximately 200 million DOGE, which is about $84 million at the current price, warming up the bullish sentiment in the market.

Despite this, $0.43 is a tough resistance level that DOGE has not been able to break through, and trading volume has decreased.

If the price drops back to $0.36, it may trigger a rebound. Future price movements will still need to pay attention to whale activities and the overall market situation.

If whales continue to buy, DOGE is expected to break through $0.43 and aim for $0.48, and in the long term, the possibility of challenging $1 cannot be ruled out.