Dogecoin Whales Go On A 110-Million Memecoin Buying Spree—What’s Next For DOGE?
Dogecoin whales have executed a substantial transaction in the last two days, purchasing 110 million DOGE while the price of the meme coin declined. This systematic accumulation has attracted the interest of experts and traders, igniting discussions regarding a possible price reversal. With DOGE presently trading at $0.25, many are speculating whether this may indicate a forthcoming bullish breakout. Related Reading: Bitcoin Ready For ‘Take Off’—Analyst Reveals Key Signals Whale Accumulation Signifies Assurance A substantial number of investors, often referred to as “whales,”....
Related News
On-chain data shows the Dogecoin whales have gone on a buying spree while the memecoin’s price has declined in the last 24 hours. Dogecoin Whales Have Increased Their Holdings During The Past Day As pointed out by analyst Ali Martinez in a post on X, the Dogecoin whales have participated in net accumulation in the last 24 hours. The on-chain metric of relevance here is the “Supply Distribution” from the analytics firm Santiment which tells us about the amount of DOGE that a given wallet group is currently holding. Related Reading: Bitcoin Forming A Signal That’s Usually....
Dogecoin has observed a surge of 7% over the last five days as whales have been showing signs of accumulation behavior. Dogecoin Addresses With 100 Million To 1 Billion DOGE Have Gone Up By 5% Recently Both Dogecoin and the general crypto market have been struggling hard in recent weeks, but these last few days […]
There has been a massive sell-off in the cryptocurrency market, and during this period, whales have been focusing on Dogecoin (DOGE) and the general negative attitude in the cryptocurrency industry. There was a 5.34 percent increase in the number of addresses owning between 100 million and 1 billion DOGE, as revealed by @bull bnb. For Dogecoin, the percentage of wallets with between 100 million and one billion Dogecoin has grown by 5.13 percent in the last week. About six additional whales have joined the network, bringing in an additional 620 million DOGE. Dogecoin | The number of....
The Dogecoin price recover came as a welcome sight to investors after the meme coin struggled around $0.09 for a while. Naturally, the move in the price has prompted movement among Dogecoin investors and the whales are not left out of this. As the price rebounds, these whales have increased their activity, moving billions of DOGE to and from their wallets. However, the net flow of these whale wallets paint a bearish story for the DOGE price. Dogecoin Whales Move Over $500 Million The large whale transactions tracked by the IntoTheBlock platform are transactions carrying $100,000 or more.....
What crypto are the whales buying? After the ongoing crypto market crash in 2022, users are looking for the best meme crypto to buy now. Currently, many whales and investors are looking to buy TAMA – a new NFT project that is aiming to change the gaming sector by introducing DeFi (decentralized finance) protocols. This guide will review one of the best new crypto meme coins and why whales are accumulating Tamadoge. Why Tamadoge has Gained the attention of Memecoin Whales in 2022 The sections below look at 5 reasons why Tamadoge is gaining attention among the meme coin whales in 2022.....