Dogecoin

Rally

bullish

Rise

<p>As the crypto market experiences a recovery, it’s hard to overlook Dogecoin’s impressive performance. Within a week, DOGE jumped by 7.6%, proudly reaching $0.1085. But beyond this gain, whale activity and exchange flows indicate that something bigger might be brewing. Could it finally be the glory hour for this famous memecoin?</p>
<h2 id="h-whales-push-dogecoin-towards-a-potential-rally">Whales Push Dogecoin Towards a Potential Rally</h2>
<p>Dogecoin, <a href="https://www.cointribune.com/dogecoin-le-pionnier-des-memecoins-et-son-futur/" target="_blank" rel="noopener noreferrer nofollow">the pioneer of memecoins</a>, continues to make headlines, especially with <strong><a href="https://ambcrypto.com/dogecoin-update-exchange-flows-up-as-whales-hold-strong/?utm_source=coingecko&amp;utm_content=coingecko&amp;utm_campaign=coingecko&amp;utm_medium=coingecko&amp;utm_term=coingecko" target="_blank" rel="noopener noreferrer nofollow">a 10.5% increase</a> in its net exchange flows</strong>. This number, far from insignificant, often signals upcoming high volatility due to increasing supply and demand pressure. If history is any guide, <strong>such an increase may indicate a potential rise in DOGE’s price</strong>, which would explain investors’ enthusiasm.</p>
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<ul>
 <li>+10.5% net exchange flows;</li>
 <li>73% of holders in profit;</li>
 <li>57.86% of DOGE in the hands of large investors.</li>
</ul>
<p>Moreover, <strong>“whales” continue to accumulate, with over 57% of the supply controlled</strong> by these market heavyweights. As the saying goes, when the big ones eat, there’s a good chance the party starts for everyone!</p>
<h2 id="crypto-and-the-bet-of-large-investors">Crypto and the Bet of Large Investors</h2>
<p>It seems that Dogecoin has won the hearts of crypto whales, those investors holding more than $5 million in DOGE. With <strong>73% of holders currently in profit</strong>, the sentiment is clearly bullish for the memecoin. This could lead to increased investor confidence, as higher gains make buying more tempting for other market players.</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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 <div class="tradingview-widget-copyright"><a href="https://fr.tradingview.com/symbols/DOGEUSD/?exchange=BINANCE" rel="noopener noreferrer nofollow" target="_blank"><span class="text-primary-color">DOGEUSD chart</span></a> by TradingView
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<p>The domino effect is therefore not far off, especially as large investors are betting on a sustainable rally. <strong>It’s only a matter of time</strong> before DOGE reaches new highs, some would say. So, will Dogecoin break the $0.12 barrier? Time will tell, but the signals are there.</p>
<p>As a reminder, last week, Dogecoin <a href="https://www.cointribune.com/en/crypto-dogecoin-explodes-with-1-93-million-transactions-but-the-price-remains-stalled/" target="_blank" rel="noopener noreferrer nofollow">exploded with 1.93 million transactions</a>, but its price is still awaiting a definitive takeoff. However, optimism abounds.</p>

Crypto: Dogecoin Exchange Flows Rise By 10.5%, Rally On The Horizon?

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