$DOGE Whale Buying Spree Could Send Dogecoin to $3! 馃殌
Recent activity among Dogecoin whales has sparked speculation that the price of DOGE could soar, possibly reaching $3. These whales are purchasing huge amounts of DOGE, with over $55 million worth bought in the past 24 hours alone, signalling strong confidence in the token's future.
Even though DOGE's price has dipped slightly today, these whales continue to buy, underscoring their optimism. Just yesterday, they acquired 140 million DOGE, worth about $56 million. In an interesting move, one investor sold 10.6 million SPX for $920,000 and reinvested the proceeds into 13.95 million DOGE, showing a bold bet on DOGE鈥檚 potential despite a temporary loss of $1.33 million.
Despite a small market dip, with BTC and other altcoins facing pressure, the overall sentiment remains strong. DOGE has dropped by 6% today, trading at $0.3726, but many still believe the coin could surge to $3 in the future.
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