Dogecoin (DOGE) whales have been conducting massive transactions, valued at over $23 billion, within the DOGE ecosystem. This has sparked a price rebound for the meme coin and increased interest from investors. The whales have collectively purchased over 1.08 billion DOGE tokens in the past 24 hours, indicating confidence and interest in DOGE. While there may be other factors at play, these transactions have helped the DOGE price recover. Currently trading at $0.34, DOGE is attempting to regain its previous price momentum. Historically, January has been a strong month for DOGE, with an average return of 83.9%, but there is also a possibility of a price slump.



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