Dogecoin Reclaims $0.07 Support as Whales Step In

Dogecoin (DOGE) has reclaimed the $0.07 support level as whales step in to accumulate the asset, according to a recent report from Mitrade.

The price of DOGE has gained momentum above $0.070, raising the odds for recovery and potentially targeting resistance at $0.080 and beyond.

Whales holding between 10 million and 100 million DOGE have been ramping up their accumulation efforts, accounting for over 12% of the circulating supply as of Wednesday.