The number of large transactions in Dogecoin, especially those above $100,000, has dropped significantly since November, indicating a decline in institutional investor interest and reduced liquidity. This decrease in whale transactions correlates with a 49% market capitalization decline and a persistent downturn in Dogecoin's price. The price has been volatile, reflecting uncertainty among investors, and it may struggle to regain upward momentum without an increase in whale accumulation. Investors should monitor whale activity to potentially identify signals for a market rebound, and general market developments will also influence Dogecoin's trajectory.



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