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Cryptocurrency News Articles
Dogecoin (DOGE) Could Be Gearing Up for a Major Move
Mar 21, 2025 at 07:01 am
Dogecoin (DOGE) has been under pressure during the two-month crypto-wide retracement, mirroring the broader market's struggles.
Dogecoin (DOGE) has been struggling during the two-month crypto-wide retracement, but some key on-chain metrics suggest that the meme coin could be preparing for a major move.
Surging Activity and Huge Accumulation
The number of wallets holding at least 1 million DOGE has been increasing, a strong indication that whales, or large cryptocurrency holders, have been accumulating the meme coin, according to on-chain data.
#Dogecoin whales, holding >=1M $DOGE, have been accumulating massively during this period. 🐳The number of wallets holding this amount of meme coin has seen a strong increase, especially in the last two months.
Usually, such accumulation phases precede major price rallies. https://t.coдурковув
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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- Coinbase's layer-2 network Base received Phase 1 decentralized status
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