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Dogecoin (DOGE) is currently trading at $0.1448, marking a modest 1.8% rise in the past 24 hours. The cryptocurrency has shown impressive growth over the last week, with its price moving from $0.116 on October 15 to its current levels, reflecting a strong upward trend.
Market attention has also been drawn to a massive whale transfer, with 176 million DOGE, valued at approximately $25 million, sent to Binance. Such large transactions often signal potential sell-offs, and analysts are speculating that this may lead to short-term market corrections.
Despite the whale movement, Dogecoin has outperformed the broader crypto market, which has seen declines. Over the past month, DOGE’s value has surged by over 37%, indicating sustained investor interest.
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