Dogecoin

2024

Coin

<ul class="news-points">
 <li><strong>Dogecoin whale activity has surged, indicating growing institutional interest.</strong></li>
 <li><strong>Trading volume has increased significantly, reflecting heightened market activity.</strong></li>
 <li><strong>Despite a minor price dip, strong whale activity and high volume suggest a positive outlook.</strong></li>
</ul>
<p>Whale activity has surged among Dogecoin (DOGE) investors. According to on-chain analyst Ali Martinez, more than 150 DOGE transactions exceeding $1 million each occurred within the past 24 hours.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">#Dogecoin</a> whale activity is on the rise! Over 150 <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$DOGE</a> transactions, each exceeding $1 million, have been recorded in the past 24 hours. <a href="https://t.co/04duEybvio" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/04duEybvio</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1799056197326430298?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">June 7, 2024</a>
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<p>This spike in high-value transactions suggests growing interest from large investors in Dogecoin.</p>
<p>Dogecoin’s 24-hour trading volume also increased significantly, surging by 47.62%, according to CoinGlass <a href="https://www.coinglass.com/currencies/DOGE" target="_blank" rel="noopener noreferrer nofollow">data</a>. This rise to $1.32 billion indicates heightened market activity and investor engagement.</p>
<p>Furthermore, according to IntoTheBlock, a remarkable 84% of Dogecoin holders are currently in profit at the current price. This high percentage of profitable holdings reflects Dogecoin’s positive momentum, with many inv…</p>
<p>The post <a href="https://coinedition.com/dogecoin-whale-activity-surges-as-trading-volume-soars/" rel="noopener noreferrer nofollow">Dogecoin Whale Activity Surges as Trading Volume Soars</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.</p>

Dogecoin Whale Activity Surges as Trading Volume Soars

Coin Edition

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