Whales buy 1 billion DOGE. Is now the best time to buy Dogecoin? 😕😕

Bull market expectations: 👇

Dogecoin has a positive outlook in the alt season and is expected to start a bull market after Trump takes office in 2025. Data on January 7 showed that

"Whales" bought and increased their holdings of 1 billion DOGE within 7 days, and long-term holders and retailers followed suit.

Price trend: 👇

Short-term large-scale holdings push up buying pressure. CoinMarketCap data shows that Dogecoin has risen by more than 27% during the same period

As of writing, its price is nearly $0.39, up more than 2.50% in 24 hours, and investors and traders participating have increased trading volume by 12%

Market correlation: 👇

The current crypto market is bullish, and the rebound of Bitcoin and Ethereum may boost Dogecoin

Dogecoin holdings jumped 40%, which is a positive signal for the bull market. Although some long-term holders sold off and more than $18 million flowed into the exchange, the price is expected to remain stable due to the large increase in holdings.

Technical Outlook: 👇

Dogecoin has fluctuated in a narrow range of $0.375-0.398 in the past three days. If the daily line closes above $0.40

It is expected to soar 44% to $0.57. The current bullish sentiment and the confidence of "whales" and traders are conducive to a breakthrough

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