Stock market crash becomes an opportunity, Dogecoin (DOGE) whales frenzy buys 270 million, is the comeback path opened?
Dogecoin's price has dropped, attracting 'whale' investors to stockpile coins. In the past five days, Dogecoin whales have crazily acquired 270 million DOGE tokens.
This purchase of 270 million DOGE is just a ripple in the tide of meme coin accumulation. Since November, whales have repeatedly bought hundreds of millions of DOGE during the downtrend.
In the sluggish market, Dogecoin 'giants' splurged on 250 million DOGE.
Investors view the drop in DOGE as a good opportunity, a bold move often seen among market sharks, stockpiling coins at low prices for the long term. The current massive funds are frantically buying DOGE, showing the market's strong confidence in its prospects.
I also have high hopes for its price; DOGE is expected to shine again, aiming for a peak of 20 dollars.
Although bullish sentiment is high, Dogecoin 'giants' are increasing their holdings taking advantage of the market downturn and price drop, building momentum for a rebound. Currently, DOGE is priced at 0.33 dollars, and the newly acquired 270 million is worth nearly 89 million dollars.
The price trend chart of Dogecoin shows a repeated historical trend.
This historical replay may trigger a parabolic rebound for Dogecoin.
Brothers, how much did you pay for your DOGE? How much of this wave of Dogecoin's rise did you benefit from?
