Dogecoin (DOGE) has continued its bullish rally, surpassing the $0.4 level for the first time since June 2021.
Increased activities from retail players are driving the ongoing DOGE rally, with over 74,000 new wallets holding less than 100,000 DOGE discovered in the past four weeks.
Whale investors have retreated from their investments, with a net drop of -350 in the past four weeks, but 108 whale accounts have returned recently.
Speculation around Elon Musk's potential role in the Donald Trump administration and the possibility of a US DOGE Exchange-Traded Fund (ETF) approval have contributed to the surge in Dogecoin's price.