The price of Dogecoin (DOGE) has dropped 8% in the past 24 hours, leading to an opportunity for DOGE whales to purchase more of the meme coin. In the last day, Dogecoin whales have acquired 140 million DOGE, worth $56 million. Despite the recent price decrease, Dogecoin has seen a week-over-week surge of over 89%, outperforming Bitcoin's 17% growth. Many investors believe that Dogecoin's bullish momentum will continue after this correction, but it remains to be seen if the $0.36 price mark can be sustained as support. While Dogecoin has shown it can rally independently of Bitcoin, Bitcoin's dominance and influence on the market are still strong. Dogecoin's future growth may depend on its correlation with Bitcoin and its ability to benefit from the broader market's strong correlation.



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