**DOGE Whales Swimming in the Crypto Ocean! đ**
- Dogecoin (DOGE) is making a scene again! After rising at the end of September, its price is now stable at around $0.10 (data from CoinGecko).
- But wait, there's some interesting news! Crypto intelligence platform IntoTheBlock revealed that big investors aka "whales" just bought 2.07 billion DOGE (worth over $220 million) last week. The last time whales acted like this was last January.
- If whales buy and hold DOGE, the supply in the market can decrease. Basic economic principle: if demand is stable or increasing, the price can also increase!
- The activity of whales is often a signal for small investors. If they believe, usually many will also buy.
- Large transactions (over $100,000) also increase by 1% every day, a bullish sign!
- Crypto analysts at X (formerly Twitter) are also optimistic. Ali Martinez said DOGE's price pattern is similar to the past, it can go up 200%, go down 60%, then bull run. Mikybull Crypto even set a target of $1 as a "minimum target" for this cycle.
Do you have a prediction or opinion about DOGE? Come on, share it in the comments column!
