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Dogecoin whales make movements again, picking up 560 million Doges tokens in just a week, because market conditions become more favorable. This Large -scale purchase underlines the renewed interest and the growing confidence in the future potential of Dogecoin. As demand increases, members of the Crypto community reflect on the reasons for massive accumulation and Impact on the price of Dogecoin.
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Dogecoin Whales includes 560 million tokens
The biggest Dogecoin players are back in action, such as the reports of the Crypto Ali Martinez analyst reveal The fact that these deep pocket investors, often called “whales”, aggressively attacked their Dogecoin farms. Whale transactionsGenerally defined as transfers exceeding $ 100,000, has increased lately, suggesting a strategic accumulation between investors.
Martinez revealed in his post X (formerly Twitter) on January 31 that the whales accumulated 560 million Doge tokens in a week. This important whale activity comes after the market has experienced a profound sale, many investors choosing to liquidate their for -profit bags due to Baissine market conditions.
After his Explosive operation in DecemberDogecoin struggled to recover previous heights and trigger a rally beyond its $ 0.74 ATH. The cryptocurrency had increased by $ 0.4 initially, triggering excitation among analysts as multiple Bullish predictions Divide the market. After this significant increase in prices, the Dogecoin price refused to the $ 0.3 zone And tried to break the levels of resistance since.
Due to downstream pressures and unexpected drops, the market has experienced a Sell intense. However, now, the Dogecoin whales seem to repel on the market with Vigor, engulfing as many Doges tokens as possible.
Just before Donald Trump’s presidential inaugurationMartinez reported in another X post That Dogecoin Whales had initiated a monumental transaction, acquiring a huge 1.83 billion DOGE tokens in 48 hours. This massive Buy a turn Attracted the attention of members of the cryptographic community, much reflecting on the impact of these large -scale transactions.
In particular, a member of the crypto, Mohd Atif, had commented Regarding the recent increase in whale activity, stressing that these Dogecoin whales can have an overview of the trajectory of future prices in memes, as an increase in accumulation often shows increased confidence in potential of a cryptocurrency. The Crypto member continued to Predict a price jump at $ 1 For Dogecoin, possibly motivated by the activities of these large -scale investors.
The analyst predicts the “ massive rally ” for the price of dogecoin
While the Dogecoin whales buy more tokens, the price of the memes play is preparing for a potentially massive rally. Tardigrade Crypto Tardigrade analyst common A separate price board, highlighting past trends when Dogecoin has experienced a Rallye with new heights.
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In 2017, the same currency soar to its highest level, experiencing an increase in the similar rise 2021 during the previous bull race. The upper market of 2025 already underway, Terder Tardigrade believes that the price of Dogecoin could have a repetition of historical trends And potentially move on to a new ATH goal of $ 3.8.
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