Dogecoin Whale Dumps 170M DOGE—But a Stealth Rally to $1 Might Be Brewing

Another day, another crypto whale making waves. This time, it’s 170 million DOGE tokens hitting the market—enough to make retail traders sweat. But here’s the twist: hidden liquidity patterns suggest this ’dump’ could be masking a bigger play.

Behind the scenes, derivatives data shows accumulating bullish bets at key support levels. Combine that with Elon Musk’s inevitable meme-fueled tweetstorm (because when hasn’t that happened?), and suddenly a dollar target doesn’t seem so absurd. Just don’t tell the ’serious investors’ still pretending Dogecoin isn’t a casino.

Data from Santiment indicated that Dogecoin whales shed 170 million tokens worth over $40 million in the past few days and contributed to putting significant pressure on the price of the top meme coin.

This could be a normal profit-taking MOVE after DOGE’s strong rally and could actually be constructive to the token’s uptrend as the market had already reached extreme momentum levels in the daily price chart.

In this Dogecoin price prediction, we look at the latest price action to determine how the token could behave in the next few days.

Dogecoin Price Prediction: DOGE Forms Bull Flag and Could Rise to $0.35

The latest decline has formed a flag pattern. When this setup pops up after a strong uptrend, it indicates that the price is consolidating and could continue to move higher after a brief pause.

This pattern’s bullish bias WOULD be confirmed if the price breaks above the upper bound of the flag, which means a move above the $0.24 level.

If such a breakout is accompanied by high volumes, it would confirm the continuation of the uptrend and could push DOGE to $0.35 in the NEAR term.

A bull flag affirms that whales’ movement could have actually opened the door for late buyers to enter the rally at a more attractive price than a week ago.

The key support to watch moving forward stands at $0.18, where the second-best higher high lies. If the price bounces off this level it would indicate that the uptrend is still alive and kicking as the token’s bullish price structure will be intact.

And if current momentum holds, combined with Dogecoin’s growing utility and strong community backing, a move toward $1 becomes more than just a meme—it becomes a realistic long-term target.

As meme coins make a strong comeback,

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