#Dogecoin 🐳🐳🐳 Whales Active: 270M DOGE Moved Amid Market Buzz

Dogecoin Whales Accumulate Amid Recovery

- As the crypto market rebounds ahead of Christmas, Dogecoin (DOGE) whales are making notable moves. Over the past 96 hours, whales have purchased 270 million DOGE, worth approximately $88.43 million at the current price of $0.3275.

- This accumulation indicates strategic buying during a consolidation phase, as DOGE recovered from its Dec. 20 low of $0.261 to a high of $0.34 on Dec. 24. Currently, DOGE trades at $0.3275, up 3.93% in the last 24 hours but down 15% over the past week.

Ecosystem Advancements

- The Dogecoin Foundation is driving adoption by developing open-source tools for payments and grassroots use in emerging markets. A 2024 report highlights that these tools are nearing completion, paving the way for businesses to integrate Dogecoin solutions.

Key Price Levels

- Resistance: $0.349, $0.373 (50-day MA), $0.43

- Support: $0.27, $0.23, $0.182 (200-day SMA)

Whale activity and ecosystem developments suggest Dogecoin may see further movement as traders monitor critical support and resistance levels.

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