Dogecoin Whales Go On A 110-Million Memecoin Buying Spree—What’s Next For DOGE?
Dogecoin whales have executed a substantial transaction in the last two days, purchasing 110 million DOGE while the price of the meme coin declined. This systematic accumulation has attracted the interest of experts and traders, igniting discussions regarding a possible price reversal. With DOGE presently trading at $0.25, many are speculating whether this may indicate a forthcoming bullish breakout. Related Reading: Bitcoin Ready For ‘Take Off’—Analyst Reveals Key Signals Whale Accumulation Signifies Assurance A substantial number of investors, often referred to as “whales,”....
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On-chain data shows the Dogecoin whales have gone on a buying spree while the memecoin’s price has declined in the last 24 hours. Dogecoin Whales Have Increased Their Holdings During The Past Day As pointed out by analyst Ali Martinez in a post on X, the Dogecoin whales have participated in net accumulation in the last 24 hours. The on-chain metric of relevance here is the “Supply Distribution” from the analytics firm Santiment which tells us about the amount of DOGE that a given wallet group is currently holding. Related Reading: Bitcoin Forming A Signal That’s Usually....
On-chain data shows the Dogecoin whales have gone on a huge accumulation spree during the past week, a sign that can be bullish for DOGE. Dogecoin Whales Have Expanded Their Holdings In Past Week In a new post on X, analyst Ali Martinez has discussed about the latest trend in the Dogecoin supply held by […]
Dogecoin is holding firm above major support at $0.22 despite repeated threats to break below in the just concluded week. Amidst these fluctuations, an interesting technical indicator suggests that Dogecoin’s long-term rally is still intact. This technical indicator’s outlook was pointed out by crypto analyst Trader Tardigrade, who used the Gaussian Channel, a popular momentum tool, as evidence that Dogecoin’s bullish momentum is still in play despite the current selling pressures. Related Reading: Dogecoin Whales Go On A 110-Million Memecoin Buying Spree—What’s Next For DOGE?....
Dogecoin has observed a surge of 7% over the last five days as whales have been showing signs of accumulation behavior. Dogecoin Addresses With 100 Million To 1 Billion DOGE Have Gone Up By 5% Recently Both Dogecoin and the general crypto market have been struggling hard in recent weeks, but these last few days […]
There has been a massive sell-off in the cryptocurrency market, and during this period, whales have been focusing on Dogecoin (DOGE) and the general negative attitude in the cryptocurrency industry. There was a 5.34 percent increase in the number of addresses owning between 100 million and 1 billion DOGE, as revealed by @bull bnb. For Dogecoin, the percentage of wallets with between 100 million and one billion Dogecoin has grown by 5.13 percent in the last week. About six additional whales have joined the network, bringing in an additional 620 million DOGE. Dogecoin | The number of....