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Crypto Whales and Institutions Possibly Positioning for Bullish Dogecoin (DOGE) Move, According to Analyst

The popular meme coin, Dogecoin (DOGE), is experiencing a sudden increase in network activity, potentially driven by institutional investors and DOGE whales. Last week, crypto whales accumulated over $100 million worth of DOGE in just one day. Analyst Ali Martinez suggests that DOGE may be poised for a massive rally similar to those observed in 2017 and 2020. The analyst predicts that DOGE could surpass its all-time high and reach $2. Currently, DOGE is trading at $0.113, with a 2% rise in the last 24 hours.

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