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DOGE’s 20-Cent Struggle: Why Whale Movements Hint at a Major Breakout

DOGE’s 20-Cent Struggle: Why Whale Movements Hint at a Major Breakout

Author:
Coindesk
Published:
2025-08-04 06:54:28
8
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DOGE Rally Stalls at 20-Cents, But Large Holder Activity Flashes Bullish Signs

Dogecoin's rally hits a wall at 20 cents—but don't count the memecoin out just yet. On-chain data reveals whales are gobbling up DOGE like it's a fire sale, signaling potential bullish momentum ahead.

Whales Bet Big While Retail Hesitates

Large holders—those with pockets deep enough to move markets—are quietly accumulating DOGE despite the price stagnation. Their activity often precedes big swings, leaving retail traders scrambling to catch up.

The 20-Cent Ceiling: Temporary or Terminal?

DOGE has bounced off this level twice in the past month, a classic battleground for bulls and bears. If whales keep buying, that resistance could crumble faster than a crypto influencer's credibility.

Memecoins: The Market's Favorite Contradiction

Even as 'serious' investors scoff, DOGE continues to defy gravity—and logic. After all, nothing says 'sound investment' like a cryptocurrency born from a Shiba Inu joke. But hey, in a market where fundamentals are optional, who's laughing now?

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