$DOGE Dogecoin: Whales Stirring, 400% Price Surge on the Horizon?
The price of Dogecoin (DOGE) fell short at the resistance level of $0.4602 during intraday trading, showing a retracement trend over the past 24 hours. However, just as the price retreated, Dogecoin 'whales' stirred the waters by quietly transferring over $100 million worth of Dogecoin, which undoubtedly reveals a strong interest from the market in their assets. As Dogecoin gradually shows signs of recovery, analysts boldly estimate that in the upcoming wave of a bull market, its price could soar, welcoming an astonishing 400% surge.
Frequent Whales, Market Excitement Rising
The latest report reveals two heavyweight transactions involving Dogecoin that have made a splash, totaling over 249 million DOGE, valued at approximately $102 million. One transaction involved 131 million DOGE quietly flowing from a mysterious wallet to Coinbase, while another involved 117 million DOGE moving from Binance to a deep, hidden wallet. Such large-scale asset transfers may be the 'whales' preparing for an impending price change, reflecting the market's enthusiasm that continues to heat up and rise.
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