DOGE Whales Make a Splash with Massive Accumulation

Recent on-chain data indicates a significant resurgence of Dogecoin (DOGE) whales, who have aggressively accumulated over 800 million DOGE tokens within just 48 hours. This buying spree, valued at approximately $130 million when DOGE was trading around $0.16, suggests that large-scale investors are capitalizing on the current low prices to bolster their holdings. The move has sparked speculation about a potential price surge, as these whales often signal market trends with their substantial transactions. Analysts, including crypto expert Ali Martinez, have highlighted this activity as a bullish indicator for DOGE, drawing attention to the possibility of an upward trajectory in the near future. As of April 2025, the market watches closely to see if this accumulation will translate into sustained momentum for the meme-inspired cryptocurrency.

Dogecoin Whales Are Back In The Market Accumulating Tokens

Recent on-chain data has revealed that Dogecoin whales are back in the market and accumulating tokens. Crypto analyst Ali Martinez announced on X (formerly Twitter) that these large-scale crypto holders acquired over 800 million DOGE tokens within a 48-hour period, amounting to roughly $130 million at the time Dogecoin was trading around $0.16. These whales appear to be taking advantage of low prices to buy more DOGE tokens in hopes of an imminent rally.

Dogecoin Primed For A Surge? Analysts Highlight Key Breakout Signs

According to a recent post by C0d3slayer on X, Dogecoin is beginning to show early bullish signals following a brief pullback. He noted subtle shifts in momentum on the 1-minute chart that indicate a short-term recovery could be taking shape. These micro-level patterns are catching active traders’ attention as they scan for early entries before the next significant price move. The formation of higher lows and buying activity offer a glimmer of bullish potential, suggesting that DOGE may be setting the stage for a near-term upside surprise.

Can Dogecoin Price Realistically Reach $10?

Crypto analysts have discussed the possibility of Dogecoin (DOGE) reaching $10. If DOGE were to reach this price, its market cap would be $1.48 trillion, surpassing the entire crypto market’s current valuation of $2.66 trillion. However, this scenario looks unrealistic based on DOGE’s current circulating supply of 148.88 billion.