Skip to main content

Dogecoin's Price Outlook: Whales Amass 480 Million DOGE Amidst Market Volatility

Dogecoin Outlook: Whales Amass 480M DOGE

Dario Cesaro avatar
Written by Dario Cesaro
Updated this week

Recent data reveals a significant accumulation of Dogecoin by large holders, often referred to as " whales." Approximately 480 million DOGE has been acquired, sparking speculation about the potential impact on the cryptocurrency's price. This development occurs as the broader crypto market, including Bitcoin and Ethereum, faces challenges in sustaining rallies, with analysts closely watching key resistance levels.

Did this answer your question?