Dogecoin Surges 20% in 30 Days Amid Whale Accumulation and ETF Inflows
Dogecoin has experienced significant growth over the past month, increasing by more than 20% in just 30 days. According to BSCN, a market-focused account, this surge is attributed to whale accumulation and ETF inflows.
While the post does not provide specific figures for these factors, it notes that DOGE was up 4% on the day of publication. The report highlights an impressive month for Dogecoin, with the token's price movement placing it among the memecoins drawing attention in recent market activity.
BSCN attributes the recent price movement partly to whale accumulation, which refers to increased holdings by large wallet holders. However, no specific figures or details are provided to quantify this activity.