Dogecoin whales buy 680 million DOGE in less than a week; Is $0.5 next?
Dogecoin (DOGE) is recording increased whale activity, a move that could set the stage for the meme coin to make another attempt at the $0.50 resistance. On-chain data indicates that the largest holders accumulated about 680 million DOGE within 96 hours, according to insights shared by Ali Martinez on September 16. DOGE whale accumulation. Source: Santiment The buying spree, which involved wallets holding between 100 million and 1 billion DOGE, coincided with a notable price rally. Dogecoin climbed from around $0.22 at the start of September to a peak above $0.28 before pulling back slightly. Such accumulation often precedes strong price movements, potentially laying the groundwork for DOGE to challenge the psychological $0.30 resistance. Key DOGE price levels to watch If bullish momentum holds, traders are eyeing the $0.35–$0.40 zone as the next hurdle. A breakout above these levels could set the stage for a run toward the highly anticipated $0....