$DOGE

Although Dogecoin has experienced a significant price increase in recent times, on-chain activity has remained at a high level. According to Coinbase’s Q4 2024 Crypto Market Outlook, on-chain activity is growing, as has the activity of Dogecoin whales, who have accumulated nearly 1.4 billion Dogecoins in the past 48 hours, worth approximately $140 million. . Such large accumulations by whales are generally seen as a positive sign of market confidence, with both large holder net flows and exchange net flows seeing a significant rise, indicating increased whale activity and accumulation levels.

Nonetheless, market sentiment and forecasts remain volatile, and investors should remain cautious and monitor market dynamics closely. Dogecoin’s relative strength index (RSI) is currently below 45, indicating that it may have room to grow further. However, market sentiment and forecasts can change rapidly, so investors should consider multiple aspects of information when making investment decisions. #doge⚡ #Doge🚀🚀🚀 #DOGEUSDT #DOGE等待期ETF #加密市场急跌