Is a DOGE Rally Approaching? Analysis of Recent Whale Accumulation
Dogecoin Whales Scoop Up 160M DOGE as Price Nears $0.40
In a dramatic 24-hour period, Dogecoin (DOGE) whales made their presence felt by purchasing a staggering 160 million DOGE. This buying spree underscores the growing interest among large investors in the popular meme coin.
As $DOGE reached around $0.4028, its price showed signs of bullish momentum, driven by these substantial whale transactions. This surge follows a consistent rally in recent years, with Dogecoin climbing around 350% in value, fueling speculation about its potential to hit the $1 mark.
Whale Activity Sparks Optimism for a $1 Milestone
Ali Martinez recently reported that $DOGE whales have added 160 million DOGE to their holdings, a move that’s bolstering market sentiment. This influx of large-scale purchases coincides with Dogecoin’s upward trajectory, reinforcing optimism for further gains.
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