Dogecoin Scooped By Whales In Large Numbers As Memecoin Plunges Further: Analyst Says Rally Toward New Highs On The Cards If DOGE Crosses This Level

Large Dogecoin (CRYPTO: DOGE) investors took advantage of the meme coin’s ongoing downturn to increase their stockpile. 

What happened: Influential cryptocurrency analyst Ali Martinez highlighted in an X post on Thursday that whales bought the dip, snapping up over 530 million DOGE tokens in the last three days.  

The heightened whale activity was also evidenced by a 41% surge in DOGE transactions valued at over $100,000 over the last 24 hours, according to IntoTheBlock. 

The optimism was also reflected …

Full story available on Benzinga.com

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