Crypto markets are in a tizzy again, with 5.8 billion dormant $DOGE activated in the last 24 hours. This kind of volume of movement doesn't just happen, and it's already sparking a wave of discussion among traders and investors. What's going on and why might it matter?
What does the blockchain show?
📊 A sharp spike in activity. Dormant tokens have moved, which could mean a change in strategy by big players. Whales are entering the scene, and that's always a reason to be vigilant.
🔄 Circulation boom. Daily circulation has almost quadrupled from 1.67B to 5.8B tokens. The market is reacting, which is a signal that significant movements are in the works.
Why does this matter?
Such activations have often preceded powerful price surges in the past. Remember November: after a similar signal, dogecoin rose by 234% in a matter of weeks. History has a tendency to repeat itself, but will it be the case this time?
📉 Current situation: $DOGE is currently trading at ~$0.4008. At the same time, Bitcoin is showing stability at $106K, which creates a good basis for a new altcoin movement.
What is really happening? 🌪️
• Whales are taking profits? It's entirely possible, especially after the recent market volatility.
• Or are they preparing the ground for a new takeoff? Such a surge in circulation is often the first signal before large-scale movements.
What to do now?
Stay alert! If the whales are indeed preparing for the “big game”, there may still be time for accumulation in the market. Weigh the risks and monitor the behavior $DOGE in the coming days.
👉 What is your forecast, friends? Is the token preparing for another jump against the backdrop of these “whale maneuvers”? Write your opinion in the comments, like and subscribe to the page to always be up to date with the main events in the crypto world! 🚀🐕🦺
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