Dogecoin Whales Gobble Up 1 Billion DOGE as Price Nears Make-or-Break Support Level

Dogecoin’s meme-fueled rollercoaster takes another wild turn as deep-pocketed investors snap up a staggering 1 billion DOGE—enough to buy Elon Musk’s Twitter HQ twice over, if he’d accept payment in dog tokens.

The buying spree comes as DOGE tests a critical support zone that’s held since the 2024 crypto rebound. Break this level, and the ’people’s crypto’ could face a 30% nosedive. Hold it, and we’re looking at a potential springboard toward $0.20.

Market makers report the whale activity coincides with surging open interest in DOGE derivatives—because what’s a proper crypto rally without reckless leverage? Meanwhile, retail traders continue treating the Shiba Inu-themed asset like a casino chip, proving Wall Street’s ’greater fool theory’ works just fine in sweatpants.