Crypto
Dogecoin Whales Accumulate 680M DOGE Amid Breakout Hopes
Dogecoin (DOGE) has been showing signs of a potential bullish reversal after breaking its descending trendline. Whale accumulation adds to this positive outlook, with whales adding an additional 680 million DOGE coins valued at roughly $48 million.
The price of DOGE is currently trading at $0.07052 with a 24-hour trading volume of $306.98 million and a market capitalization of $12.06 billion.
However, resistance continues to limit momentum, leaving DOGE in consolidation as traders await stronger market catalysts and confirmation of a sustained breakout. According to KrissPax, Dogecoin broke above its descending trendline on Saturday, signaling a possible shift in short-term market momentum.