Whales of Dogecoin have been buying crazily lately, and it is said that they want to make Dogecoin go up 10 times???
They have already purchased over 550 million Dogecoins, spending about 214.5 million dollars.
The massive purchases by these whales have increased the number of people wanting to buy Dogecoin, and the price has started to rise as a result. In fact, every time the whales make a move, the price of Dogecoin changes, and this time is no exception.
As the most popular meme coin, Dogecoin has many fans and community support, which has made it increasingly popular, and the number of users is also growing, naturally driving up the price. Especially with SpaceX and Elon Musk saying they will support Dogecoin, along with the good mood brought by Trump's election, Dogecoin's price has risen significantly.
It seems that these whales are also taking the opportunity to increase their holdings, preparing to make a big profit. A report says that in the past week, whales have increased a total of 60.9 billion dollars, and the volume of large transactions has also surged.
Analysts believe that if the price of Dogecoin can break through the 0.4 dollar barrier, it will enter a new phase of increase. Some even predict that Trump's inauguration might cause another surge for Dogecoin, potentially even reaching 1 dollar.
More impressively, these whales may be preparing to increase Dogecoin's price by 10 times. Currently, the price of Dogecoin is 0.39 dollars, and if it really increases 10 times, it would reach 4 dollars. If the whales really intend to do this, then the price of Dogecoin could indeed break through 4 dollars.
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