The latest price of Dogecoin at 22:00 on January 16, 2025

(24-hour Dogecoin price trend)

Dogecoin (DOGE) Rallies 4.48% on Whale Accumulation

January 16, 2025 at 23:00 PM

Dogecoin's (DOGE) price has surged 4.48% in the past 24 hours, bringing its current value to $0.38097445702634. With a 24-hour trading volume of $3981164079.4665, DOGE has captured market attention.

Key Metrics:

• Circulating Supply: 147647746383.71
• Maximum Supply: Not specified
• Total Supply: 147647746383.71
• Market Capitalization: $56250020009.696

Whale Accumulation Propels DOGE's Rally:

Data from on-chain analytics suggests that large Dogecoin investors, known as "whales," have significantly increased their holdings in the past week. This accumulation indicates that whales believe DOGE is undervalued and presents a potential opportunity for investors looking to trade counter-trend.

Analysts' Perspective:

Analysts are cautiously optimistic about DOGE's upward trend. While there is room for further growth, they advise investors to exercise caution and manage their risk exposure.

Market Headlines:

• Trump Tweet Sparks Dogecoin Spike! Traders Bet on DOGE Hitting $1!
• Shiba Inu Whale "Dumps," What's Next for SHIB?

Additional Information:

This report was sourced from Cream Girl, a reputable financial publication. For more in-depth analysis and market updates, consider following Cream Girl on social media or subscribing to their newsletter.