Dogecoin Poised For 85% Surge As Whales Accumulate 130 Billion DOGE

Dogecoin (CRYPTO: DOGE) is hinting at a possible price surge in the wake of its remarkable rally.

Since hitting its lowest point in August, Dogecoin has seen a 480% recovery, including a 220% rally post the November presidential election. At present, DOGE is oscillating between $0.39 and $0.48, similar to its early 2021 consolidation phase.

Onchain data from Messari reveals that whale addresses holding 1 million DOGE or more now possess 130.2 billion DOGE, a record high. This signifies increasing confidence among large investors in Dogecoin’s potential for growth.

According to report, a comparable surge in the DOGE holdings of whale addresses was observed during …

Full story available on Benzinga.com