Dogecoin (DOGE) has broken out of its consolidation streak below a crucial support level, with a bullish sentiment ahead of the inauguration of former US President Donald Trump. A crypto whale has transferred 400 million DOGE, worth $144.97 million, from Binance to an unknown wallet. Additionally, there has been a significant $35.35 million worth of DOGE outflows from exchanges, potentially indicating profit booking by investors. Technical analysis suggests that DOGE could rise by 22% to reach the $0.47 mark in the coming days. Currently, DOGE is trading near $0.382 with a 12% price rally in the past 24 hours.



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