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Dogecoin Gains 41% in a Month, Futures Data Suggests It’s Not Topping Yet

  • Dogecoin has surged 41.18% in a month due to easing trade war fears and a rebound in the cryptocurrency market.
  • Whales have increased their Dogecoin holdings by over 1 billion DOGE recently, totaling nearly 26 billion tokens.
  • Analysis indicates a possible target of $0.95 for Dogecoin, suggesting a potential 300% gain based on a bull flag pattern.
  • Dogecoin futures activity suggests that despite the recent surge, there is still room for further growth, with no blow-off top formed yet.

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