Dogecoin

bullish

Fish

Billion

<p>According to recent statistics, Dogecoin finally seems to be catching its breath: a 3.3% increase in 24 hours and 18.5% in a week. This resurgence can be attributed to several favorable factors, including the reemergence of massive purchases by market “whales.” A recent transaction of 1.4 billion DOGE coins caught investors’ attention and could well reignite the bullish momentum of this meme crypto.</p>
<h2 id="h-dogecoin-whales-the-big-fish-resurface">Dogecoin Whales: The Big Fish Resurface</h2>
<p>The Dogecoin whales, this memecoin currently experiencing a <a href="https://www.cointribune.com/en/crypto-what-secret-ingredients-are-fueling-this-spectacular-rise-of-dogecoin/" target="_blank" rel="noopener noreferrer nofollow">spectacular rise</a>, are <strong>back</strong> in the crypto arena, and they haven’t come empty-handed. According to recent analyses shared by <a href="https://x.com/ali_charts/status/1839230005861023958?s=46" target="_blank" rel="noopener noreferrer nofollow">Ali Martinez</a>, <strong>a colossal transaction of 1.4 billion DOGE, or 140 million dollars</strong>, was executed within 72 hours. That’s quite something.</p>
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     <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Dogecoin?src=hash&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">#Dogecoin</a> whales bought over 1.40 billion <a href="https://twitter.com/search?q=%24DOGE&amp;src=ctag&amp;ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">$DOGE</a> in the past 48 hours, worth around $140 million! <a href="https://t.co/mBXMti2y3V" rel="noopener noreferrer nofollow">pic.twitter.com/mBXMti2y3V</a></p>— Ali (@ali_charts) <a href="https://twitter.com/ali_charts/status/1839230005861023958?ref_src=twsrc%5Etfw" rel="noopener noreferrer nofollow">September 26, 2024</a>
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<p>These massive transactions obviously do not go unnoticed and bolster hopes for a new rally for Dogecoin.</p>
<p>Whales are well known for their ability to <strong>influence crypto markets</strong>, and each large purchase prompts investors to closely monitor the evolution of DOGE. <strong>A 22% price increase</strong> over the past month could well validate these large-scale investors.</p>
<p>As the saying goes, it’s better to swim with the big fish than against the current.</p>
<ul>
 <li>122% increase in trading volume over 24 hours;</li>
 <li>A 10.63% rise in just one day;</li>
 <li>An explosive price increase to $0.121.</li>
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<h2 id="h-crypto-doge-toward-a-new-ascent">Crypto DOGE: Toward a New Ascent?</h2>
<p>Dogecoin’s fundamentals are solid today. DOGE, boosted by this wave of large-scale transactions, is showing <strong>impressive performance</strong>. In addition to a spectacular 14% increase in one week, Dogecoin has also managed to <strong>break through important technical resistances</strong>, notably an RSI (Relative Strength Index) breakout.</p> 
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  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:DOGEUSD","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"dark"}</script>
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  <script type="text/javascript" src="https://s3.tradingview.com/external-embedding/embed-widget-mini-symbol-overview.js" async>{"symbol":"BINANCE:DOGEUSD","width":350,"height":220,"isTransparent":false,"autosize":false,"dateRange":"12M","trendLineColor":"rgba(253,64,19,1)","underLineColor":"rgba(253,64,19,0.6)","underLineBottomColor":"rgba(253,64,19,0)","locale":"en","largeChartUrl":false,"colorTheme":"light"}</script>
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<p>To top it all off, the super trend indicator shows <strong>clear buy signals</strong>, confirming the growing interest of investors in this memecoin. And in this universe, a good indicator is worth more than a long speech.</p>
<p>As Martinez aptly sums it up, <em>“the market is sending strong buy signals</em> of such figures, DOGE could well surprise us in the coming days.” Altcoin enthusiasts have reason to be excited!</p>
<p>Additionally, the <a href="https://www.cointribune.com/en/crypto-dogecoin-miners-are-holding-their-breath-the-explosion-is-imminent/" target="_blank" rel="noopener noreferrer nofollow">Dogecoin miners</a>, are also playing their part in this bullish dynamic, which could lead to a true explosion of this memecoin.</p>

Dogecoin Whales Reactivate Transactions With 1.4 Billion In Crypto

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