{"id":563,"date":"2024-10-02T09:16:32","date_gmt":"2024-10-02T09:16:32","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=563"},"modified":"2024-10-02T09:16:32","modified_gmt":"2024-10-02T09:16:32","slug":"is-dogecoins-bullish-momentum-over-after-18-retreat-from-recent-highs-not-yet-say-analysts","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=563","title":{"rendered":"Is Dogecoin&#8217;s Bullish Momentum Over After 18% Retreat From Recent Highs? Not Yet, Say Analysts"},"content":{"rendered":"<div>\n<p><strong>Dogecoin<\/strong> (CRYPTO: <a class=\"ticker\" href=\"https:\/\/www.benzinga.com\/quote\/doge\/usd\">DOGE<\/a>) may have retraced significantly this week, but whale investors have still not given up on the king of meme coins yet.<\/p>\n<p><strong>What Happened:<\/strong> On Tuesday, popular blockchain research firm <strong>Santiment<\/strong> took to X to share its findings of Dogecoin\u2019s recent performance. The firm noted a significant 18% drop from its recent highs on Saturday but highlighted that whales were still very active on the network.<\/p>\n<p>The total number of addresses involved in DOGE transactions daily surged to 63,689 in the past three days, marking the largest 3-day growth in six months. <\/p>\n<p>Additionally, more than 1,200 transactions worth over $100,000 were recorded preceding the local top on Saturday, the highest whale activity since May 26-28.<\/p>\n<p><figure class=\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\"><\/p>\n<div class=\"wp-block-embed__wrapper\">\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">\ud83d\udc36 Dogecoin has retraced -18% from its top back on Saturday. But on-chain activity indicates that whales may not be done with all the bullish momentum of crypto&#8217;s top meme coin. Though they took profit just before the top, &#8230;<\/p>\n<\/blockquote>\n<\/div>\n<\/figure>\n<p><a href=\"https:\/\/www.benzinga.com\/analyst-ratings\/analyst-color\/24\/10\/41136347\/is-dogecoins-bullish-momentum-over-after-18-retreat-from-recent-highs-not-yet-say-a\" alt=\"Is\" dogecoin bullish momentum over after retreat from recent highs not yet say analysts>Full story available on Benzinga.com<\/a><\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>Dogecoin (CRYPTO: DOGE) may have retraced significantly this week, but whale investors have still not given up on the king of meme coins yet. What Happened: On Tuesday, popular blockchain research firm Santiment took to X to share its findings of Dogecoin\u2019s recent performance. The firm noted a significant 18% drop from its recent highs [&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-563","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\/563","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=563"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/563\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=563"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=563"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=563"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}