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Recent on-chain data indicates that large-scale DOGE whales have accumulated 200 million Dogecoin (DOGE) within the last 48 hours. This activity is a precursor to potential price increases, as whales tend to accumulate assets when they expect upward momentum.
Whales Accumulate 200M DOGE as Dogecoin Price Targets $3
According to analyst Ali Martinez, whales have added 200 million DOGE to their holdings within 48 hours, signaling strong bullish sentiment. Whale accumulation often reflects confidence in the asset’s potential, particularly in anticipation of market movements. This activity has fueled optimism for Dogecoin potential to break past key resistance levels.
Dogecoin price currently holds above the critical $0.36 resistance, indicating a possible upward trajectory. If the bullish trend continues, analysts…more
Source coingape.com
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