According to data tracked by blockchain analysis firm Glassnode, Dogecoin (DOGE) experienced a significant increase in transactions above $ 100,000.

Dogecoin Experiencing an Increase in High Volume Transactions

대량 거래 증가를 경험하는 Dogecoin

The sudden increase signals new interest in DOGE from larger financial institutions, often referred to as “whales” and institutional investors.

The data shows a significant fluctuation in trading volumes; The highest level of the last seven days reached $2.12 billion on November 17, while the lowest level was $965.41 million on November 18.

데이터는 거래량의 상당한 변동을 보여줍니다. 지난 7일 동안 최고 수준은 11월 17일에 21억 2천만 달러에 달했고, 최저 수준은 11월 18일에 9억 6,541만 달러를 기록했습니다.

This trend is particularly notable considering that Dogecoin is a more community-focused and less corporate-driven cryptocurrency.

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Analysts think that this increase in whale activity could herald a significant price movement in the near future.

Despite the recent increase in trading volumes and investor interest, Dogecoin remains well away from its all-time high (ATH).

According to CoinGecko data, it is currently 89.65% below its peak value. The current price of DOGE is at $0.075715 and is far from its historical highs.

CoinGecko 데이터에 따르면 현재 최고가보다 89.65% 낮은 수준입니다. DOGE의 현재 가격은 $0.075715이며 역사적 최고치와는 거리가 멀습니다.

Market data reveals that more than 40% of Dogecoin holders are holding losses even in light of the recent price increase.

*This is not investment advice.

*본 글은 투자 조언이 아닙니다.

Continue Reading: Whale Activity Is Experiencing This Memecoin! Transaction Volumes Started to Increase!

계속 읽으세요: 고래 활동이 이 Memecoin을 경험하고 있습니다! 거래량이 증가하기 시작했습니다!