Incredible! With an investment of 80 million USD, where will the price of Dogecoin go?

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It is worth mentioning that Dogecoin [DOGE] whales have purchased 250 million Dogecoins (worth 80 million USD), indicating that large investors are very interested in this. Despite significant market fluctuations recently, these large purchases suggest that whales are preparing for potential price changes, raising speculation about the future value of Dogecoin.

With such a large accumulation, the question arises: are these whales expecting a rebound, or is this just another phase of memecoin's ongoing price fluctuations?

Notably, during the rise of DOGE to 0.47 USD, whale activity surged, leading to speculation about their role in amplifying price momentum.

Even after recently dropping to 0.31 USD, whale trading remains strong, indicating sustained interest. These large transactions highlight the power of whale activity in determining market sentiment and liquidity.

As their holdings increase by 250 million DOGE, worth 80 million USD, attention turns to whether these investors foresee a breakthrough rebound or are merely accumulating in anticipation of favorable market conditions.

The short-term trend of Dogecoin depends on its ability to regain lost momentum. The current price level is close to 0.31 USD, placing it in a critical range, and the decrease in trading volume has raised concerns about weakening support levels.

If whales continue to increase their holdings, it may indicate confidence in a rebound, but the lack of new retail enthusiasm remains an obstacle.

Key indicators to monitor include changes in whale trading volume and the movement of RSI into bullish territory. Additionally, the social engagement of memecoins needs a significant boost to reignite speculative interest.

If Dogecoin cannot strongly break through 0.35 USD, it may face the risk of long-term consolidation or further declines. The coming weeks may test whether Dogecoin can transition from recent volatility to a sustained recovery phase.

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