Dogecoin Whales Go Ham As They Buy 560M DOGE In One Week
Dogecoin whale took action again, and in just one week, a DOGE tokens increased by as much as 560 million, because market conditions became more favorable. this Large -scale purchase Emphasizing new interests and increasing confidence in Dogecoin’s future potential. With the surge in demand, members of the encrypted community think about the reasons and reasons and reasons and reasons and reasons. Impact on Dogecoin priceEssence
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Dog whale whale devoured 560 million token
Dogecoin’s biggest player Just as a report by encrypted analyst Ali Martinez, it restored the action reveal These heavy investors who are often called “whales” have been actively increasing their dog coins. Whale tradingRecently defined as a transfer of more than $ 100,000, and recently proposed the strategic accumulation of investors.
Martinez revealed in his X (formerly Twitter) post on January 31 that whales accumulated 560 million door handles in a week. this Important whale activity After the market has experienced deep selling, many investors choose to follow See the market situationEssence
Follow it The explosion in December surgedDogecoin has been trying to bring back the previous price high and triggers the rally with its ATH $ 0.74. Initially, the rise of cryptocurrencies was higher than $ 0.4, which caused an excitement by analysts Optimistic about prediction Communication market. After the price rises sharply, the price of Dogecoin Refusing to the $ 0.3 area Since then, I have been trying to break the resistance level.
Due to the pressure and accidental decline, the market experience Sell stronglyEssence But now, dog whales seem to be returning to the market with vitality and devouring as much DOGE tokens as possible.
Right Donald Trump’s presidential inauguration ceremonyMartinez is in another one X post The dog whale launched a huge transaction and received 1.83 billion Mano Gai currency within 48 hours. This is very big Buy carnival The impact of many large -scale transactions has attracted the attention of members of the encrypted community.
It is worth noting that the encrypted member MOHD Atif Comment In the recent growth of whale activities, these dog whales have emphasized that they may have insight into the future price trajectory of coins, because the accumulated surge usually indicates increased confidence in cryptocurrency potential. Encryption members continue Predict the price of $ 1 For Dogecoin, it may be driven by the activities of these large investors.
Analysts predict the “large -scale rally” of the price of Dogecoin
Although Dogecoin whale is buying more token cards, the price of coins is preparing for potential large -scale rally. Encrypted analyst Trader Tardigrade shared A unique price chart highlights the past trends, should Get a new highEssence
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In 2017, the coin soared to the highest level, and a similar upward surge 2021Essence As the bull market is ongoing in 2025, traders Tardigrade believes that the price of Dogecoin may have one Repeated historical trends And it is possible to increase to $ 3.8 to the new ATH target.
Featured images from Pexels, charts of tradingView
