Dogecoin surged 16% as whales bought over 60 million $DOGE, signaling potential short to medium-term highs of $0.15-$0.2.
Key Insights:
Dogecoin's price jumped nearly 16%, outpacing other major cryptocurrencies.
Despite a price dip, whales purchased over 60 million $DOGE within a day.
Whale holdings between 1 million and 10 million DOGE have reached a record high this year.
Smaller investors (retail) have gradually decreased their holdings throughout the year.
This trend suggests a strong possibility of Dogecoin reaching between $0.15 and $0.2 in the short to medium term.
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