Dogecoin Whales Accumulating 150 Million DOGE Despite Price Drop: What Do They Know?

Despite Dogecoin’s (CRYPTO: DOGE) lackluster performance, whale investors are aggressively accumulating DOGE ahead of Friday’s crypto summit.

Cryptocurrency Price    Market Cap 24-Hour Trend 7-Day Trend
Dogecoin (CRYPTO: DOGE) $0.2010 $29.8 billion -0.5% -3.7%
Shiba Inu (CRYPTO: SHIB) $0.00001317 $7.8 billion +0.3% -9.4%
PEPE (CRYPTO: PEPE) $0.056803   $2.9 billion -2.7% -18.8%

Trader Notes: In an X post on Thursday, Crypto chart analyst Ali Martinez highlighted that DOGE is trading within an ascending parallel channel. If the $0.16 support level holds, a rally toward the mid-channel at $2.74 or even the upper boundary at $6.24 remains possible.

Full story available on Benzinga.com

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