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Dogecoin Whales Return with $108 Million Purchase, Price To Hit $0.20 Soon

CryptoExpert by CryptoExpert
October 4, 2024
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Home/Crypto Live News/Dogecoin Whales Return with $108 Million Purchase, Price To Hit $0.20 Soon

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Mustafa has been writing about Blockchain and crypto since many years. He has previous trading experience and has been working in the Fintech industry since 2017.

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Oct 4, 2024 16:34 UTC Less than a minute eye 1 Total Readers

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Dogecoin (DOGE) whales are back, making headlines with a massive purchase of one billion DOGE in just 24 hours, worth around $108 million. Despite the overall bearish trend in the crypto market due to geopolitical tensions, this significant buy-up shows strong interest in Dogecoin. As of now, DOGE’s price has risen by 1.79% to $0.1078, reversing some losses from earlier in October when it dropped by 5.89%. Analysts believe that the recent price dip presented a golden opportunity for whale investors. With a new target of $0.20, a level not seen since April, the ongoing whale activity could push Dogecoin towards this ambitious goal in the coming weeks.

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