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Dogecoin Accumulation Hits Record High: Is Another Rally On The Horizon?

  • Large Dogecoin holders have accumulated a staggering 2.07 billion $DOGE in the past week, marking the highest level of accumulation since January 2023.
  • Dogecoin's well-known pattern of breakout from a multi-year descending triangle, followed by a surge, retracement, and bull run has investors hopeful for another explosive move.
  • Many believe that Dogecoin's recent 65% pullback positions it for a potential rally, as historical logarithmic breakouts have led to massive gains.
  • Despite recent market volatility, Dogecoin remains strong and resilient. Large holders accumulating indicates institutional and whale investors betting on an upside in the near future.

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