On-chain data reveals significant accumulation activity as whales acquire approximately 1.14 billion DOGE, equating to around $227 million in trading volume.
Mid-sized wallets holding between 1 million and 10 million DOGE added 800 million tokens since May, signaling renewed investor confidence.
Social media activity around Dogecoin spiked with a 990% week-over-week increase, reflecting growing optimism surrounding Dogecoin’s price action and broader altcoin participation.
Dogecoin saw a 10% jump driven by whales and technical breakout, breaking through resistance levels, confirming bullish structure, and benefiting from a broader market rally led by Bitcoin's surge and positive market sentiment post President Trump's calls for aggressive Federal Reserve rate cuts.