Cover Image: via U.Today
Whales Accumulate Dogecoin
Crypto whales have acquired 60 million DOGE, valued at $7.3 million, in the past 24 hours.
Whales Drive DOGE Momentum
Crypto analyst Ali Martinez shared a chart highlighting increased activity by Dogecoin whales.
Profit-Driven Buying
Whales are expected to profit from anticipated bullish momentum in the DOGE market.
Ecosystem Developments
Whale activity could indicate confidence in the Dogecoin ecosystem and developments like Ordinals integration.
Market Volatility
DOGE faces market volatility, currently trading at $0.1228 after a slight decline in the past 24 hours.
Altcoin Season Speculation
Recent whale activity in DOGE reignites discussions about the potential return of an altcoin season.
Positive Return
DOGE has a year-to-date return of over 78%.
ETF Rumors
Rumors of a potential DOGE Exchange-Traded Fund (ETF) may further impact market prices.