<ul><li>Dogecoin whales have accumulated approximately 100 million DOGE in the past week, signaling growing confidence among large holders.</li><li>Recent on-chain data from Santiment suggests that whale accumulation often precedes upward price movements, especially during a broader market recovery.</li><li>Dogecoin is currently consolidating above the $0.16 support level and faces resistance around $0.19-$0.20, with a breakout potentially triggering a recovery rally.</li><li>Analysts are divided on DOGE's next move, with some predicting a potential breakout above $0.20 while others warn of a downtrend continuation if resistance is not breached.</li></ul>

Dogecoin Whales Buy 100 Million DOGE In 24 Hours – Demand Signals Growing Confidence

Discover more