CandleFocus

Dogecoin's (DOGE) Parabolic Growth Signaled by 41% Whale Boost

The price of Dogecoin (DOGE) has recently experienced a mild correction but remains promising for a future parabolic run. Whale transactions for DOGE are up by 41%, with over $23 billion worth of transactions in the past 24 hours. Dogecoin continues to be attractive to investors due to its affiliation with Elon Musk, and its influence in the crypto market could impact other meme coins such as Shiba Inu, PEPE, and BONK. The Dogecoin Foundation has also unveiled planned upgrades to enhance the DOGE ecosystem.

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