CandleFocus Dogecoin Whales on Move: 270 Million DOGE Shifted Within 96 Hours
2024-12-25
Author: Content Editor
Whales, or large holders, have purchased 270 million Dogecoin (DOGE) in the last 96 hours, sparking speculation about their intentions. This accumulation of DOGE suggests that whales may be positioning themselves for a potential price increase or new developments within the Dogecoin ecosystem. The Dogecoin Foundation, a nonprofit organization dedicated to Dogecoin's development, has been working on integrating software and tools aimed at bridging the gap for Dogecoin as a payment mechanism. Dogecoin is currently trading in a range, with a recent high of $0.34 and a current price of $0.332. Resistance is expected at $0.349 and $0.43, while support is anticipated at $0.27 and $0.23.
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