Dogecoin Whales Accumulate 560 Million DOGE; Rally To $1 Imminent?
Dogecoin whale attracted people’s attention on Saturday. Although the market fluctuates, it shows a strong bullish mood. Recent data on the chain shows that they have accumulated 560 million thresholds, suggesting potential rally to $ 1. In the latest X post, encrypted analyst Ali Martinez emphasized the development. In addition, the launch of GrayScale’s Doge Bass Budd Trust has caused the transformation of investors’ emotions, making it more active in model assets. The analyst pointed out that the purchasing power appeared after the recent selling, which showed that the interest of large investors was updated. The new trust release and ETF submission have further increased the potential of token to $ 1. At the same time, Bitwise also submitted S-1 for Doge ETF.
