As cryptocurrency markets stir with meme coins like Dogecoin and Shiba Inu, another digital asset is quietly capturing attention: BlockDAG (BDAG). While $DOGE
has recently seen a $150 million withdrawal and Shiba Inu enjoys a fan-fueled push for $1, BlockDAG’s presale success and high demand are driving unprecedented momentum. With $120.5 million raised pre-launch and a sharp price increase, BlockDAG is proving it can compete, not just with popular meme coins but also as a powerhouse in crypto’s Layer 1 space.
Dogecoin Withdraws $150M from Exchanges—Is a Price Surge on the Horizon?
A recent $150 million outflow of Dogecoin (DOGE) from exchanges suggests a bullish sign for the popular meme coin. As large amounts of DOGE leave exchanges, sell pressure reduces, indicating that holders may be setting up for long-term storage rather than quick sales. This shift could create a “volatility squeeze,” where prices stabilize before potentially rising sharply.
Currently, DOGE is trading around $0.192, showing resilience despite a minor dip from recent highs. Immediate resistance sits at $0.20; breaking this could push prices higher. Alternatively, if DOGE faces a pullback, key support levels lie at $0.15 and $0.12. The high trading volume and significant whale transactions hint at ongoing accumulation, fueling a positive price outlook. As DOGE’s market activity heats up, it might be worth keeping an eye on this asset for potential gains.