Dogecoin Community Exploration
Discover the deeper value of dogecoin and the latest developments of dogecoin whales.
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Dec / 23
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- Why Crypto Whales Bet Big on Dogecoin Amid ETF Rumors
- Dec 23, 2024 at 09:19 pm TNYR
- Amidst favorable crypto policies in the US, rumors of spot ETFs for Dogecoin, XRP, and Solana have fueled market excitement. Dogecoin's ETF absence, despite multiple applications, has not dampened analysts' optimism, particularly with the upcoming Trump administration. Crypto whales have displayed strong buying momentum, acquiring over $77 million worth of DOGE, indicating long-term confidence. Technical analysis suggests a potential bullish recovery, supported by positive weekly chart indicators. The potential regulatory changes and market influences could significantly shape Dogecoin's trajectory, warranting close observation and informed investment decisions.
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