Dogecoin Whales Gobble Up 2 Billion DOGE in 48 Hours - $1.30 Price Target Now in Sight

Whales are making waves in the Dogecoin market with a massive accumulation spree that's turning heads across the crypto space.

The Feeding Frenzy

Major holders snapped up a staggering 2 billion DOGE within just two days - a move that signals strong conviction among deep-pocketed investors. This whale activity typically precedes significant price movements, and analysts are watching the charts closely.

Price Target Momentum

Traders now eye the $1.30 level as the next major resistance point. The rapid accumulation suggests institutional players might see current prices as a discount before the next leg up. Market sentiment swings from meme to mainstream as Dogecoin continues defying its critics.

Of course, traditional finance experts will call this reckless - right before they quietly allocate their own funds to the same trade. The pattern continues: dismiss, then discreetly participate.

Dogecoin (DOGE), the world’s biggest meme coin, is back in the spotlight as big whales just bought 2 billion tokens in just 48 hours. Surprisingly, despite this huge buying spree, Doge slipped 4%, trading below $0.24. 

Perhaps, some experts say this could be a setup for a major move, with short-term targets around $0.78 and long-term projections hinting at an 800% gain.

Here’s why! 

Whales Buy $480M worth of Dogecoin

According to crypto analyst Ali Martinez, wallets holding between 100 million and 1 billion DOGE led the buying surge. Together, these whales snapped up around 2 billion tokens, a buying spree that amounts to roughly $480 million at current prices

The buying happened when DOGE dipped to $0.245, a level that had earlier acted as strong support. Such large purchases during a price dip often signal that investors are preparing for an upward move. 

Historically, similar whale accumulation has led to bullish rallies, suggesting DOGE could gain momentum soon.

Thumzup Media Expands Dogecoin Holdings

Apart from whale buying news, Thumzup Media is growing its Dogecoin stash, now holding around 7.5 million DOGE. The company is strengthening its crypto treasury alongside a $10 million share buyback program running through 2026. 

Previously, the company approved up to $250 million in crypto holdings, including Bitcoin and Dogecoin, signaling a clear strategy toward Web3 integration. 

With increasing dogecoin reserves, Thumzup is positioning itself at the intersection of crypto and corporate finance.

Dogecoin to See Massive Rally Towards $1.30

As of now, Dogecoin is trading around $0.2330, with analysts watching key resistance levels closely. Meanwhile, if whale buying continues, DOGE could test $0.30–$0.35 resistance, and breaking $0.35 might drive it toward $0.78.

Adding to the excitement, analyst Bitcoinconsensus notes that DOGE has historically followed cycles of 300% to 500% rallies. 

$DOGE Setting Up for Next Explosive Move?

Dogecoin follows a repeating structure:

300%500%now targeting 800% rally

Price bouncing off ascending trendline support

Target = ~$1.30 if pattern repeats again!

History rhyming or just hype?#DOGE #Crypto pic.twitter.com/7YqF4YMQa0

Current setups suggest the next MOVE could be even stronger, potentially an 800% surge toward $1.30 if patterns repeat.