{"id":8580,"date":"2025-01-20T08:31:44","date_gmt":"2025-01-20T08:31:44","guid":{"rendered":"https:\/\/dogewisperer.com\/?p=8580"},"modified":"2025-01-20T08:31:44","modified_gmt":"2025-01-20T08:31:44","slug":"dogecoin-whales-on-the-move-is-doge-primed-for-a-new-bull-run","status":"publish","type":"post","link":"https:\/\/dogewisperer.com\/?p=8580","title":{"rendered":"Dogecoin Whales on the Move: Is DOGE Primed for a New Bull Run?"},"content":{"rendered":"<div>\n<p><strong>TL;DR<\/strong><\/p>\n<ul>\n<li><span data-preserver-spaces=\"true\"> Large investors have accumulated more than 1.8 billion DOGE in the past 36 hours, reducing circulating supply, which could potentially have a positive impact on the price.<\/span><\/li>\n<li>Trump\u2019s pro-crypto stance and Musk\u2019s role in the D.O.G.E. department could boost the meme coin\u2019s popularity and value even more in the near future.<\/li>\n<\/ul>\n<p><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE_CB-14.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-full wp-image-379438\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE_CB-14.jpg\" alt=\"\" width=\"1201\" height=\"720\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE_CB-14.jpg 1201w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE_CB-14-300x180.jpg 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE_CB-14-1024x614.jpg 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE_CB-14-768x460.jpg 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE_CB-14-50x30.jpg 50w\" sizes=\"auto, (max-width: 1201px) 100vw, 1201px\"><\/a><\/p>\n<h2>Big DOGE Move Incoming?<\/h2>\n<p><span data-preserver-spaces=\"true\">The past few days have been more than eventful for the cryptocurrency market, which experienced enhanced turbulence. The price of Bitcoin (BTC), for instance, soared above $106,000 on January 19. Shortly after, it plummeted below $100K, only to <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/bitcoin-price-skyrockets-to-new-all-time-high-hours-ahead-of-trumps-inauguration\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">explode<\/span><\/a><span data-preserver-spaces=\"true\"> to a new all-time high of almost $110,000 just minutes ago.<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The enhanced volatility, which is most likely caused by Donald <\/span><span data-preserver-spaces=\"true\">Trump\u2019s<\/span><span data-preserver-spaces=\"true\"> upcoming inauguration today, has also affected Dogecoin (DOGE). The biggest meme coin in <\/span><span data-preserver-spaces=\"true\">terms of<\/span><span data-preserver-spaces=\"true\"> market capitalization has been hovering between $0.34 and $0.43 in the last three days, currently worth around $0.38 (per CoinGecko\u2019s data).<\/span><\/p>\n<figure id=\"attachment_379437\" aria-describedby=\"caption-attachment-379437\" style=\"width: 577px\" class=\"wp-caption aligncenter\"><a href=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE-Price-1.png\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-379437\" src=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE-Price-1.png\" alt=\"DOGE Price\" width=\"577\" height=\"400\" srcset=\"https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE-Price-1.png 1047w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE-Price-1-300x208.png 300w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE-Price-1-1024x710.png 1024w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE-Price-1-768x533.png 768w, https:\/\/cryptopotato.com\/wp-content\/uploads\/2025\/01\/DOGE-Price-1-50x35.png 50w\" sizes=\"auto, (max-width: 577px) 100vw, 577px\"><\/a><figcaption id=\"caption-attachment-379437\" class=\"wp-caption-text\">DOGE Price, Source: CoinGecko<\/figcaption><\/figure>\n<p><span data-preserver-spaces=\"true\">One<\/span> <span data-preserver-spaces=\"true\">important<\/span><span data-preserver-spaces=\"true\"> element signaling that DOGE could be gearing for a substantial rally in the short term <\/span><span data-preserver-spaces=\"true\">is the whale activity<\/span><span data-preserver-spaces=\"true\">.<\/span><span data-preserver-spaces=\"true\"> X user Ali Martinez <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/x.com\/ali_charts\/status\/1880990095093936456\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"external\"><span data-preserver-spaces=\"true\">revealed<\/span><\/a><span data-preserver-spaces=\"true\"> that such large investors had accumulated 1.83 billion tokens in the past 36 hours (equaling over $700 million at ongoing rates).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The development reduces the circulating supply of the asset, potentially leading to a price increase (assuming demand stays the same or heads north). It can also encourage smaller players to enter the ecosystem, thus triggering an additional flow of capital.\u00a0<\/span><\/p>\n<h2><span data-preserver-spaces=\"true\">The Possible Trump\/Musk Effect?<\/span><\/h2>\n<p><span data-preserver-spaces=\"true\">Another major factor signaling good days ahead for DOGE bulls is Donald <\/span><span data-preserver-spaces=\"true\">Trump\u2019s<\/span><span data-preserver-spaces=\"true\"> incoming reign as <\/span><span data-preserver-spaces=\"true\">America\u2019s<\/span><span data-preserver-spaces=\"true\"> 47th President. During his presidential campaign, the Republican presented himself as the right choice for pro-crypto voters and <a href=\"https:\/\/cryptopotato.com\/10-promises-donald-trump-has-made-regarding-bitcoin-and-crypto\/\" data-wpel-link=\"internal\">made<\/a> multiple promises that could help the industry flourish in the near future.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Additionally,<\/span><span data-preserver-spaces=\"true\"> recent reports have <\/span><a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/trump-plans-to-designate-crypto-as-a-national-priority-report\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">indicated<\/span><\/a><span data-preserver-spaces=\"true\"> that Trump<\/span><span data-preserver-spaces=\"true\"> \u201c<\/span><span data-preserver-spaces=\"true\">plans to release an executive order elevating crypto as a policy priority and giving industry insiders a voice within his administration.<\/span><span data-preserver-spaces=\"true\">\u201d<\/span><span data-preserver-spaces=\"true\">\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">Elon <\/span><span data-preserver-spaces=\"true\">Musk\u2019s<\/span><span data-preserver-spaces=\"true\"> involvement in politics should also be mentioned<\/span><span data-preserver-spaces=\"true\">. <\/span><span data-preserver-spaces=\"true\">Tesla\u2019s<\/span><span data-preserver-spaces=\"true\"> boss has been part of <\/span><span data-preserver-spaces=\"true\">Trump\u2019s<\/span><span data-preserver-spaces=\"true\"> inner cycle for <\/span><span data-preserver-spaces=\"true\">the past<\/span><span data-preserver-spaces=\"true\"> several months and will <\/span><span data-preserver-spaces=\"true\">even<\/span> <a class=\"editor-rtfLink\" href=\"https:\/\/cryptopotato.com\/trumps-d-o-g-e-promises-to-slash-bureaucracy-heres-what-you-need-to-know\/\" target=\"_blank\" rel=\"noopener\" data-wpel-link=\"internal\"><span data-preserver-spaces=\"true\">spearhead<\/span><\/a><span data-preserver-spaces=\"true\"> an upcoming division called Department of Government Efficiency (D.O.G.E.).<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">The <\/span><span data-preserver-spaces=\"true\">entity\u2019s<\/span><span data-preserver-spaces=\"true\"> main goal will be to reduce bureaucracy, <\/span><span data-preserver-spaces=\"true\">get rid of<\/span><span data-preserver-spaces=\"true\"> unnecessary regulations, and eliminate wasteful spending within the American government.<\/span><span data-preserver-spaces=\"true\"> DOGE proponents, though, have noticed the <\/span><span data-preserver-spaces=\"true\">obvious<\/span><span data-preserver-spaces=\"true\"> match between the abbreviation of their favorite cryptocurrency and the agency, predicting that it might positively impact the meme coin.\u00a0<\/span><\/p>\n<p><span data-preserver-spaces=\"true\">After all, Musk is a huge advocate of Dogecoin, often praising its merits and endorsing it <\/span><span data-preserver-spaces=\"true\">on X.<\/span><span data-preserver-spaces=\"true\"> We have yet to see whether he will announce any big news for the DOGE community while at the department\u2019s helm.\u00a0<\/span><\/p>\n<p>The post <a href=\"https:\/\/cryptopotato.com\/dogecoin-whales-on-the-move-is-doge-primed-for-a-new-bull-run\/\" rel=\"nofollow\">Dogecoin Whales on the Move: Is DOGE Primed for a New Bull Run?<\/a> appeared first on <a href=\"https:\/\/cryptopotato.com\/\" rel=\"nofollow\">CryptoPotato<\/a>.<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>TL;DR Large investors have accumulated more than 1.8 billion DOGE in the past 36 hours, reducing circulating supply, which could potentially have a positive impact on the price. Trump\u2019s pro-crypto stance and Musk\u2019s role in the D.O.G.E. department could boost the meme coin\u2019s popularity and value even more in the near future. Big DOGE Move [&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-8580","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\/8580","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=8580"}],"version-history":[{"count":0,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=\/wp\/v2\/posts\/8580\/revisions"}],"wp:attachment":[{"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=8580"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=8580"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dogewisperer.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=8580"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}