{"id":18182,"date":"2025-03-20T03:31:33","date_gmt":"2025-03-20T03:31:33","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=18182"},"modified":"2025-03-20T03:31:33","modified_gmt":"2025-03-20T03:31:33","slug":"dogecoin-millionaire-club-wallets-holding-1m-doge-spike-as-bulls-target-1","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=18182","title":{"rendered":"Dogecoin Millionaire Club: Wallets Holding 1M DOGE Spike As Bulls Target $1"},"content":{"rendered":"<div>\n<p>Dogecoin (DOGE) is flashing bullish signals despite the <a href=\"https:\/\/bitcoinist.com\/crypto-market-boredom-bitcoin-altcoins-volume-crash\/amp\/\" target=\"_blank\" rel=\"noopener \">broader market retrace<\/a>, as the number of wallets holding 1 million DOGE has surged considerably. With the Dogecoin millionaire club finally making big moves again, <a href=\"https:\/\/bitcoinist.com\/dogecoin-bulls-up-key-pattern-nears-breakout-0-32\/amp\/\" target=\"_blank\" rel=\"noopener \">DOGE bulls<\/a> are aiming for a sharp rebound to the $1 target.\u00a0<\/p>\n<h2>Dogecoin Millionaire Wallets Skyrocket<\/h2>\n<p>Dogecoin, along with many other meme coins and altcoins in the market, has faced a two-month crypto-wide retrace, but <a href=\"https:\/\/bitcoinist.com\/dogecoin-whales-accumulation\/amp\/\" target=\"_blank\" rel=\"noopener \">large holders<\/a> seem to be taking advantage of the price dip. According to<a href=\"https:\/\/x.com\/santimentfeed\/status\/1901756204696977566?s=46\" target=\"_blank\" rel=\"noopener nofollow\"> reports<\/a> from market intelligence platform Santiment, the number of wallet addresses holding at least 1 million <a href=\"https:\/\/bitcoinist.com\/dogecoin-whales-270-million\/amp\/\" target=\"_blank\" rel=\"noopener \">DOGE tokens<\/a> has steadily increased, suggesting that whales are accumulating rather than selling.<\/p>\n<p>Since early February, the amount of DOGE millionaire addresses has surged by 62 wallets, marking a 1.24% increase. Additionally, <a href=\"https:\/\/bitcoinist.com\/dogecoin-active-addresses-spike\/amp\/\" target=\"_blank\" rel=\"noopener \">active addresses have skyrocketed<\/a> past 150,000 per day, the highest level since mid-November 2024.\u00a0<\/p>\n<p>This increased <a href=\"https:\/\/bitcoinist.com\/dogecoin-goes-cold-whale-active-addresses-plummet\/amp\/\" target=\"_blank\" rel=\"noopener \">network activity<\/a> signals sustained user engagement and a surging interest and confidence from whales. Moreover, a rising wallet count suggests that users are entering the market again, driving adoption and increasing trading activities.\u00a0<\/p>\n<p><img data-recalc-dims=\"1\" fetchpriority=\"high\" decoding=\"async\" class=\"size-large wp-image-425814\" src=\"https:\/\/bitcoinist.com\/wp-content\/uploads\/2025\/03\/Dogecoin-chart-from-Santiment.jpg?w=512&amp;resize=512%2C287\" alt=\"Dogecoin\" width=\"512\" height=\"287\"><\/p>\n<p>Historically, increased wallet numbers among large holders have correlated with bullish trends in the Dogecoin price. This is because, cumulatively, these whales hold a significant portion of the cryptocurrency circulating supply.\u00a0<\/p>\n<p>If Dogecoin continues to see a surge in its millionaire wallets and active addresses, it could set the stage for a <a href=\"https:\/\/bitcoinist.com\/dogecoin-price-recovery-looms\/amp\/\" target=\"_blank\" rel=\"noopener \">strong rebound<\/a> once the broader market stabilizes. Santiment also shares a similar sentiment, as its report reveals that an increase in Dogecoin\u2019s utility and smart money signals a potential turning point soon.\u00a0<\/p>\n<p>Currently, the meme coin\u2019s price action remains uncertain due to the <a href=\"https:\/\/www.newsbtc.com\/altcoin\/technical-indicator-shows-ongoing-rally-for-dogecoin-despite-bearish-developments\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">market\u2019s downturn<\/a>. Dogecoin continues to face significant volatility and declines. Its price has crashed by over 40% in the past month, pushing it down to $1.67, according to CoinMarketCap.\u00a0<\/p>\n<h2>Dogecoin Bulls Target $1 Price Surge<\/h2>\n<p>While its network records a rise in large holder wallets, <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-crash-analyst-predicts-drop-to-0-12\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">Dogecoin\u2019s price<\/a> has been forecasted to reach the coveted $1 mark in this bull cycle. Sharing a technical chart analysis of the meme coin\u2019s price action, Trader Tardigrade<a href=\"https:\/\/x.com\/tatrader_alan\/status\/1901430416139321675?s=46\" target=\"_blank\" rel=\"noopener nofollow\"> revealed<\/a> that the weekly candle has closed with a Doji.<\/p>\n<p>A Doji candle is a neutral candlestick pattern that signifies indecision between buyers and sellers. It also shows a nearly identical open and close crypto price. This candle signals a <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-breakout-alert-parabolic-surge\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">potential trend reversal,<\/a> particularly if a cryptocurrency is at the end of a strong downtrend or uptrend.\u00a0<\/p>\n<p>According to Trader Tardigrade, <a href=\"https:\/\/bitcoinist.com\/dogecoin-weekly-doji-candle\/amp\/\" target=\"_blank\" rel=\"noopener \">Dogecoin\u2019s weekly Doji candle<\/a> indicates a reversal to the upside. If the cryptocurrency can continue on its upward momentum, the analyst <a href=\"https:\/\/www.newsbtc.com\/news\/dogecoin\/dogecoin-surge-1-the-timing-may-surprise-you\/amp\/\" target=\"_blank\" rel=\"noopener nofollow\">projects a surge to $1 <\/a>before the end of 2025. This surge would represent a massive 498% price increase from DOGE\u2019s current market lows. <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"size-large\" src=\"https:\/\/www.tradingview.com\/x\/GNStpHVI\/\" alt=\"Dogecoin\" width=\"2301\" height=\"1460\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin (DOGE) is flashing bullish signals despite the broader market retrace, as the number of wallets holding 1 million DOGE has surged considerably. With the Dogecoin millionaire club finally making big moves again, DOGE bulls are aiming for a sharp rebound to the $1 target.\u00a0 Dogecoin Millionaire Wallets Skyrocket Dogecoin, along with many other meme [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"iawp_total_views":0,"footnotes":""},"categories":[2],"tags":[3,4,5],"class_list":["post-18182","post","type-post","status-publish","format-standard","hentry","category-news","tag-crypto","tag-doge","tag-news"],"_links":{"self":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18182","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=18182"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/18182\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=18182"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=18182"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=18182"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}