Dogecoin Whales Accumulate 110 Million DOGE Amid Price Dip
- Whales purchased 110 million Dogecoin tokens over the past two days.
- The buying occurred as the price hovered around $0.25.
- Dogecoin’s price fell nearly 6% over the week, sparking a ‘buy-the-dip’ sentiment.
- The current trading range is between $0.2505 and $0.2576.
- Analysts note a ‘symmetrical triangle’ pattern, indicating potential consolidation before a breakout.
In recent days, Dogecoin whales have accumulated a significant number of tokens as prices dipped to around $0.25, suggesting potential market optimism for future gains.
Source (2.6)https://coingape.com/dogecoin-whales-grab-110m-doge-amid-recent-dip-is-a-breakout-brewing/?rand=24432