Dogecoin Whale Transactions Spike 133%, DOGE on Track to Reverse Months of Price Declines

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Dogecoin Whale Transactions Spike 133%, DOGE on Track to Reverse Months of Price Declines
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Dogecoin on course to reverse months of DOGE price downtrends as whale transactions soar 133% Dogearmy DogecoinToTheMoon

. Large transaction spikes are frequently associated with increased activity from institutional players, or whales, who are either buying or selling. These transactions exceed $100,000 moved, according to IntoTheBlock.Dogecoin's four-hour chart might suggest a steady climb as price transcended key barriers. A bullish pennant might suggest the continuation of a rise as bulls pause in consolidation. At the time of publication, DOGE was trading at $0.1487, per CoinMarketCap data.

This equals almost 8x more in DOGE—41,829,475,750 meme coins—and 31.53% of the entire DOGE supply in circulation. The total circulating amount of DOGE is 132,670,764,299 coins.

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