Dogecoin Soars as Whales Scoop Up 400M Coins Amid Uptrend
The price of Dogecoin (DOGE) has surged by 2.77% to $0.088 on September 3, in line with the broader crypto market's uptrend.
This gain is partly attributed to the reduced odds of a Fed rate hike in 2026, which has increased demand for risk assets.
Analyst Ali Charts notes that whales have purchased 400 million DOGE within five days, increasing buying pressure and supporting the intraday gain.