Dogecoin Whales Pocket 1.40 Billion DOGE: 20 Cents Incoming?
It looks like the meme coin market was seeing notable activity. Dogecoin (DOGE) saw a major uptick in terms of whale activity. The surge in whale activity indicates that big investors are entering the market, which might lead to more volatility. It should be noted that whale transaction volumes often peak before possible big price moves. Whales often follow through on their large movements on DOGE, and the market does, too. Also Read: Ethereum Unlikely To Hit ATH In 2024, 85% Polymarket Traders Bet Against It According to prominent analyst Ali Martinez, Dogecoin whales went shopping over the past two days. The expert revealed that these whales purchased more than 1.40 billion DOGE tokens within a span of 48 hours. It should be noted that this was worth 140 million. Source Also Read: Bitcoin: BlackRock Buys $184 Million Worth Of BTC In One Day How is Dogecoin Faring? Whales often make big purchases when the price of an asset dips. On the contrary, DOGE was seen enjoying an uptick. Over