CandleFocus Dogecoin Supertrend Flips Green on 3M Chart as Whales Amass Over 1B DOGE
2025-01-03
Author: Content Editor
Dogecoin whales, which are large holders of Dogecoin tokens, have accumulated over 1 billion Dogecoin tokens in a 24-hour period. This comes as the broader crypto market faces uncertainty, and Dogecoin has seen a 7.44% gain in 2025. The whales now hold a cumulative balance of 46.36 billion tokens, representing 31% of the Dogecoin supply. This accumulation coincides with a bullish flip for the Supertrend indicator on the 3-month chart, indicating that Dogecoin may be entering a bullish phase. If the indicator's signals prove true, Dogecoin could see another explosive run, with price targets like $4 being predicted by market experts.
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