Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Crypto whales have amassed another 100 million Dogecoin in the last XNUMX hours

Crypto whales have amassed another 100 million Dogecoin in the last XNUMX hours

HappyCoinNewsHappyCoinNews2025/02/10 10:55
By:HappyCoinNews

The cryptocurrency market has been in a state of uncertainty all week, which has made retail investors nervous. However, big players are taking advantage of the opportunity and buying up assets.

According to authoritative cryptoanalyst Ali Martinez, over the past 24 hours crypto whales saved 100 million Dogecoin (DOGE).

Whales have bought another 24 million in the last 100 hours Dogecoin , which indicates growing demand and trust in the memecoin, he wrote.

This is another big accumulation by DOGE holders. During the last crash, they bought 750 million tokens.

According to the expert, the whales' activity is connected with the scaling of DOGE's use in payment systems and online platforms, which significantly increases its long-term value. A very interesting opinion.

Dogecoin is also gaining popularity among corporate investors. For example, Neptune Digital Assets, a public blockchain company from Canada, purchased 1 million meme tokens worth about $270,000. Neptune became the second public company to buy Dogecoin , following Spirit Blockchain, another digital asset firm.

On the evening of February 8, DOGE was trading at $0,2537. Over the past 0,8 hours, the memecoin has gained 23,3%, and over the week it has fallen by XNUMX%.

Crypto whales have amassed another 100 million Dogecoin in the last XNUMX hours image 0

Despite such a significant drop, Martinez believes that DOGE looks confident compared to other memecoins. After analyzing the Elliott waves on the token’s chart, he saw that the memecoin is forming a large ABC pattern in pairs with USD and BTC, which could lead to an increase in the rate Dogecoin 2-3 times in the near future.

EN @happycoinnews
EN @happycoinnews_en
0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!