Today, the overall cryptocurrency market has seen a significant price drop, but Dogecoin (DOGE) has gained attention as traders and investors accumulate and bet on the long side. A crypto whale recently transferred 175.27 million DOGE to an unknown wallet, indicating a significant accumulation. DOGE's price has declined by over 9.14% in the past 24 hours, but its trading volume has surged by 180% suggests increased participation from traders. Long-term holders and intraday traders are both betting on the long side, with a strong bullish sentiment. DOGE is near a crucial support level of $0.30, which historically has provided strong buying pressure and upward momentum. Experts predict DOGE could potentially reach the $0.42 level in the near future.



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