Shiba

Dogecoin

Million

Coin

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 <p>Amid a growing market across most cryptocurrencies, <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> Whales are further buying into the hype by investing more in DOGE. Large <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> holders are purchasing more coins rather than selling, and have swooped up an additional $127 million worth of DOGE.</p>
 <p>According to&nbsp;IntoTheBlock, the <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> Whale investors picked up over 1.32 billion DOGE in 24 hours on Tuesday, accumulating to around $127 million. Large transactions of many crypto, including <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a>, have seen a slight drop, likely due to the growing price of Doge. Most holders are continuing to hold on as they see DOGE will likely rally a bit more before a sudden sell-fest. However, these whales appear to see an even bigger rise in the dog-themed coin’s price and want to capitalize before the price gets significantly higher.</p>
 <p>Over the weekend, <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> achieved the $0.10 threshold, and while it has since fallen just underneath that, whales expect the coin to creep back up to that number again. The <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> open interest has been on the decline alongside the price which could explain the fall in&nbsp;price. On the other hand, many market watchers are bullish on the cryptocurrency market entering the end of the year into 2024. <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> is one of the leading meme-coin crypto on the market, along with Shiba Inu.</p>
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 <p>With expectations of the rally to continue, another crypto whale may likely wake up and swoop in on the growing potential of <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> or other cryptocurrencies. Therefore, a major sell-off may also be imminent to close out 2023.</p>
 <p>Currently, <a rel="noopener noreferrer nofollow" title="Dogecoin" href="https://thebittimes.com/tag/dogecoin.html">Dogecoin</a> is trading at $0.09808, with a global market cap of $13.95B, according to CoinMarketCap.</p>
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 <ul>
  <li>BabeDoge Coin</li>
  <li>Dogecoin</li>
 </ul>
</div>
<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/dogecoin-whales-purchase-127-million-worth-of-doge-tbt73726.html">https://thebittimes.com/dogecoin-whales-purchase-127-million-worth-of-doge-tbt73726.html</a></p>

Dogecoin Whales Purchase $127 Million Worth of DOGE

TheBitTimes

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