{"id":651522,"date":"2024-11-05T08:30:11","date_gmt":"2024-11-05T08:30:11","guid":{"rendered":"https:\/\/uniquehot.com\/?p=651522"},"modified":"2024-11-05T04:41:12","modified_gmt":"2024-11-05T04:41:12","slug":"dogecoin-whales-2-10-billion","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-whales-2-10-billion\/","title":{"rendered":"Dogecoin Whales Record Largest Accumulation Week Since January With 2.10 Billion Tokens Bought"},"content":{"rendered":"

Dogecoin has achieved another historic milestone, as <\/span>Dogecoin whales<\/span><\/a> recorded their largest accumulation week since January 2024. Over 2.1 billion DOGE tokens were purchased during this period, underscoring the resurgence of interest and renewed confidence in the doggy-themed meme coin among prominent large-scale investors.\u00a0<\/span><\/p>\n

Dogecoin Whales Set New Accumulation Record<\/h2>\n

\u00a0<\/span>Over the past week, Dogecoin whales have been on a significant accumulation trend, <\/span>buying more DOGE tokens<\/span><\/a> than ever since the beginning of this year, when the positive sentiment surrounding meme coins was high. <\/span>Data<\/span><\/a> from IntoTheBlock has revealed that many <\/span>Dogecoin addresses<\/span><\/a> holding large quantities of tokens accumulated over 2.1 billion just last week.\u00a0<\/span><\/p>\n

Related Reading: Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Could Send Price To $28,000<\/a><\/div>\n

Additionally, <\/span>Dogecoin whale activity<\/span><\/a> has increased sporadically in the last few weeks. The platform reports that <\/span>large-scale investors moved<\/span><\/a> approximately 16.24 billion DOGE tokens, valued at $2.76 billion, over the past seven days. In the last 24 hours, these whales transferred another staggering 8.53 billion tokens, worth about $1.29 billion.\u00a0<\/span><\/p>\n

This recent <\/span>Dogecoin whale accumulation<\/span><\/a> trend represents one of the most substantial purchases in the past few months. The spike in whale activity also comes as the <\/span>Dogecoin price<\/span><\/a> is seeing renewed momentum, experiencing price increases despite the broader market volatility.<\/span><\/p>\n

More often than not, whale activity is considered a strong indicator of market sentiment, suggesting that investors are possibly bullish on a particular cryptocurrency. Given the <\/span>immense influence<\/span><\/a> these so-called whales can have on a cryptocurrency, market experts carefully monitor their trades and movements to gauge the <\/span>potential impacts on price trends<\/span><\/a> and overall market dynamics.\u00a0<\/span><\/p>\n

In the case of Dogecoin, data from CoinMarketCap reveals that the price of the meme coin has increased by 6.01% over the past week. This price surge aligns with the recent spike in whale activity. Moreover, with <\/span>Dogecoin closing October in the green<\/span><\/a>, the potential for continued price increases is still in play.\u00a0<\/span><\/p>\n

Including its increase in whale activity, DOGE has also experienced a surge in its market capitalization and trading volume. The meme coins trading volume is up by 30.95% while its market cap has climbed to $22.12 billion, securing its position as the 8th largest cryptocurrency.\u00a0<\/span><\/p>\n

DOGE TD Sequential Flashes Buy Signal<\/h2>\n

While Dogecoin whales are on a significant accumulation spree, crypto analyst Ali Martinez has<\/span> unveiled<\/span><\/a> a new technical indicator signaling a change in market sentiment. The <\/span>TD Sequential<\/span><\/a>, a popular tool for identifying trend reversals, is now flashing a strong <\/span>buy signal for Dogecoin<\/span><\/a>.\u00a0<\/span><\/p>\n

Related Reading: Bitcoin Completes Retest Phase: Only One Thing Left For A $110,000 Price By December<\/a><\/div>\n
\"Dogecoin\"
Source: X<\/figcaption><\/figure>\n

According to Martinez, the buy signal was seen on the Dogecoin 4-hour chart, suggesting that the meme coin may be <\/span>poised for further upward movement<\/span><\/a>. In light of this trend, the analyst predicts that if Dogecoin maintains a price above the $0.141 support, the meme coin could rebound to $0.162. It\u2019s important to note that the Dogecoin price is currently trading at $0.15, according to CoinMarketCap.\u00a0<\/span><\/p>\n

\"Dogecoin
DOGE bulls begin another push for rally | Source: DOGEUSDT on Tradingview.com<\/a><\/figcaption><\/figure>\n
Featured image created with Dall.E, chart from Tradingview.com<\/div>\n","protected":false},"excerpt":{"rendered":"

Dogecoin has achieved another historic milestone, as Dogecoin whales recorded their largest accumulation week since January 2024. Over 2.1 billion DOGE tokens were purchased during this period, underscoring the resurgence of interest and renewed confidence in the doggy-themed meme coin among prominent large-scale investors.\u00a0 Dogecoin Whales Set New Accumulation Record \u00a0Over the past week, Dogecoin whales have been on a significant accumulation trend, buying more DOGE tokens than ever since the beginning of this year, when the positive sentiment surrounding meme coins was high. Data from IntoTheBlock has revealed that many Dogecoin addresses holding large quantities of tokens accumulated over 2.1 billion just last week.\u00a0 Related Reading: Is The Bitcoin Bull Market Over? Analyst Reveals Bear Case That Could Send Price To $28,000 Additionally, Dogecoin whale activity has increased sporadically in the last few weeks. The platform reports that large-scale investors moved approximately 16.24 billion DOGE tokens, valued at $2.76 billion, over the past seven days. In the last 24 hours, these whales transferred another staggering 8.53 billion tokens, worth about $1.29 billion.\u00a0 This recent Dogecoin whale accumulation trend represents one of the most substantial purchases in the past few months. The spike in whale activity also comes as the Dogecoin price is seeing renewed momentum, experiencing price increases despite the broader market volatility. More often than not, whale activity is considered a strong indicator of market sentiment, suggesting that investors are possibly bullish on a particular cryptocurrency. Given the immense influence these so-called whales can have on a cryptocurrency, market experts carefully monitor their trades and movements to gauge the potential impacts on price trends and overall market dynamics.\u00a0 In the case of Dogecoin, data from CoinMarketCap reveals that the price of the meme coin has increased by 6.01% over the past week. This price surge aligns with the recent spike in whale activity. Moreover, with Dogecoin closing October in the green, the potential for continued price increases is still in play.\u00a0 Including its increase in whale activity, DOGE has also experienced a surge in its market capitalization and trading volume. The meme coins trading volume is up by 30.95% while its market cap has climbed to $22.12 billion, securing its position as the 8th largest cryptocurrency.\u00a0 DOGE TD Sequential Flashes Buy Signal While Dogecoin whales are on a significant accumulation spree, crypto analyst Ali Martinez has unveiled a new technical indicator signaling a change in market sentiment. The TD Sequential, a popular tool for identifying trend reversals, is now flashing a strong buy signal for Dogecoin.\u00a0 Related Reading: Bitcoin Completes Retest Phase: Only One Thing Left For A $110,000 Price By December According to Martinez, the buy signal was seen on the Dogecoin 4-hour chart, suggesting that the meme coin may be poised for further upward movement. In light of this trend, the analyst predicts that if Dogecoin maintains a price above the $0.141 support, the meme coin could rebound to $0.162. It\u2019s important to note that the Dogecoin price is currently trading at $0.15, according to CoinMarketCap.\u00a0 Featured image created with Dall.E, chart from Tradingview.com<\/p>\n","protected":false},"author":594,"featured_media":644270,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[83685],"tags":[1785,89174,85675,7,1803,1804,79599,79600],"class_list":["post-651522","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-dogecoin","tag-doge","tag-doge-news","tag-doge-price","tag-dogecoin","tag-dogecoin-news","tag-dogecoin-price","tag-dogeusd","tag-dogeusdt"],"acf":[],"yoast_head":"\nDogecoin Whales Record Largest Accumulation Week Since January With 2.10 Billion Tokens Bought<\/title>\n<meta name=\"description\" content=\"Dogecoin has achieved another historic milestone, as Dogecoin 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Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging manner. Scott's dedication to clarity and accuracy has made him an indispensable asset, helping to demystify the complex world of cryptocurrency for countless readers. Scott\u2019s experience spans a number of industries outside of crypto including banking and investment. He has brought his vast experience from these industries into crypto, which allows him to understand even the most complex topics and break them down in a way that is easy for readers from all works of life to understand. Scott\u2019s pieces have helped to break down cryptocurrency processes and how they work, as well as the underlying groundbreaking technology that makes them so important to everyday life. With years of experience in the crypto market, Scott began to focus on his true passion: writing. During this time, Scott has been able to author countless influential pieces that have drawn in millions of readers and have shaped public opinion across various important topics. His repertoire spans hundreds of articles on various sectors in the crypto industry, including decentralized finance (DeFi), decentralized exchanges (DEXes), Staking, Liquid Staking, emerging technologies, and non-fungible tokens (NFTs), among others. Scott\u2019s influence is not just limited to the countless discussions that his publications have sparked but also as a consultant for major projects in the space. He has consulted on issues ranging from crypto regulations to new technology deployment. Scott\u2019s expertise also spans community building and contributes to a number of causes to further the development of the crypto industry. Scott is an advocate for sustainable practices within the crypto industry and has championed discussions around green blockchain solutions. His ability to keep in line with market trends has made his work a favorite among crypto investors. In his personal life, Scott is an avid traveler and his exposure to the world and various way of life has helped him to understand how important technologies like the blockchain and cryptocurrencies are. This has been key in his understanding of its global impact, as well as his ability to connect socio-economic developments to technological trends around the globe like no one else. Scott is known for his work in community education to help people understand crypto technology and how its existence impacts their lives. He is a well-respected figure in his community, known for his work in helping to enlighten and inspire the next generation as they channel their energies into pressing issues. His work is a testament to his dedication and commitment to education and innovation, as well as the promotion of ethical practices in the rapidly developing world of cryptocurrencies. Scott stands steady in the frontlines of the crypto revolution and is committed to helping to shape a future that promotes the development of technology in an ethical manner that translates to the benefit of all in the society.","sameAs":["https:\/\/x.com\/https:\/\/twitter.com\/MathersonScott"],"url":"https:\/\/uniquehot.com\/author\/mathersonscott1\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"Dogecoin Whales Record Largest Accumulation Week Since January With 2.10 Billion Tokens Bought","url":"http:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-whales-2-10-billion\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/uniquehot.com\/news\/dogecoin\/dogecoin-whales-2-10-billion\/"},"thumbnailUrl":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/Dogecoin-whales.jpeg?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/Dogecoin-whales.jpeg?fit=1792%2C1024"},"articleSection":"Dogecoin","author":[{"@type":"Person","name":"Scott Matherson"}],"creator":["Scott Matherson"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/uniquehot.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["doge","doge news","doge price","dogecoin","dogecoin news","dogecoin price","dogeusd","dogeusdt"],"dateCreated":"2024-11-05T08:30:11Z","datePublished":"2024-11-05T08:30:11Z","dateModified":"2024-11-05T08:30:11Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"Dogecoin Whales Record Largest Accumulation Week Since January With 2.10 Billion Tokens Bought\",\"url\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/dogecoin\\\/dogecoin-whales-2-10-billion\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/uniquehot.com\\\/news\\\/dogecoin\\\/dogecoin-whales-2-10-billion\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Dogecoin-whales.jpeg?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2024\\\/09\\\/Dogecoin-whales.jpeg?fit=1792%2C1024\"},\"articleSection\":\"Dogecoin\",\"author\":[{\"@type\":\"Person\",\"name\":\"Scott Matherson\"}],\"creator\":[\"Scott Matherson\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/uniquehot.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"doge\",\"doge news\",\"doge price\",\"dogecoin\",\"dogecoin news\",\"dogecoin price\",\"dogeusd\",\"dogeusdt\"],\"dateCreated\":\"2024-11-05T08:30:11Z\",\"datePublished\":\"2024-11-05T08:30:11Z\",\"dateModified\":\"2024-11-05T08:30:11Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/uniquehot.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/uniquehot.com\/wp-content\/uploads\/2024\/09\/Dogecoin-whales.jpeg?fit=1792%2C1024","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/651522","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/users\/594"}],"replies":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/comments?post=651522"}],"version-history":[{"count":1,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/651522\/revisions"}],"predecessor-version":[{"id":651526,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/posts\/651522\/revisions\/651526"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media\/644270"}],"wp:attachment":[{"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/media?parent=651522"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/categories?post=651522"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/uniquehot.com\/wp-json\/wp\/v2\/tags?post=651522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}