Dogecoin (CRYPTO: DOGE) is predicted to rebound from its correction after a strong pump to $0.40.
What Happened: Investors have decided to withdraw the $258 billion class-action lawsuit filed against Elon Musk in 2022, which alleged market manipulation through social media posts.
The withdrawal is pending approval by U.S. District Judge Alvin K. Hellerstein, could remove a key overhang on DOGE’s price, Binance reported.
Whale Alert flagged a transfer of 198.5 million DOGE, worth $71.98 million, from an unknown wallet to Coinbase.
This move has fueled speculation of a potential bullish rally, as whale activity often signals upcoming price action.
Meanwhile, Coinbase CEO Brian Armstrong‘s recent …
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