The latest update shows that Dogecoin whales have accumulated 300 million DOGE in the past 24 hours, despite the asset's price dropping to a record low. These big buyers directly influence the price of Dogecoin, especially during positive market sentiment. The whale transactions have increased by 41%, surpassing top assets like Ethereum and Cardano. As a result, Dogecoin's price has entered a rare recovery phase, increasing by 5.05% in 24 hours. While the price remains below its best level of the year, there is optimism for growth based on its correlation with Bitcoin and social sentiment, particularly with Elon Musk's recent interest in memes.



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