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DOGE Whales Bet Big: $1B Accumulation Signals Strong Institutional Confidence

DOGE Whales Bet Big: $1B Accumulation Signals Strong Institutional Confidence

Author:
DOGE News
Published:
2025-08-07 00:18:12
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[TRADE_PLUGIN]DOGEUSDT,DOGEUSDT[/TRADE_PLUGIN]

In a surprising move amidst market sluggishness, cryptocurrency whales have accumulated $1 billion worth of Dogecoin (DOGE) within just 24 hours, reigniting interest in the meme coin. This substantial investment highlights renewed institutional confidence in DOGE, an asset often overlooked for its speculative nature. The accumulation comes despite DOGE's recent price stagnation, suggesting that large investors see long-term potential in the cryptocurrency. Three key factors contribute to DOGE's enduring relevance: its widespread availability on major exchanges, pending ETF applications that could further legitimize it, and its deep liquidity compared to other meme coins. As of August 2025, this whale activity positions DOGE as a cryptocurrency to watch, with potential for significant movement as institutional interest grows.

Whales Accumulate $1B in Dogecoin Amid Market Sluggishness

Crypto whales have injected fresh momentum into Dogecoin, acquiring $1 billion worth of the meme coin within 24 hours despite its recent price stagnation. The MOVE signals renewed institutional interest in an asset often dismissed as speculative.

Three factors underpin DOGE's enduring relevance: ubiquitous exchange listings, pending ETF applications, and deep liquidity. Unlike niche meme coins, Dogecoin maintains top-tier visibility across global trading platforms—a prerequisite for whale activity. Grayscale, Bitwise and other asset managers have filed for DOGE ETFs, betting on its retail investor base.

The coin's integration with X (formerly Twitter) provides additional utility rarely seen in meme tokens. 'When whales move, markets notice,' said a Singapore-based trader. 'This isn't retail FOMO—it's smart money positioning.'

Meme Coins Regain Momentum as Dogecoin and Pepeto Stir Market Excitement

Meme coins are once again dominating crypto conversations, with dogecoin (DOGE) and newcomer Pepeto capturing trader attention. Dogecoin has broken free from its downtrend, clearing the $0.20 resistance and forming a double-bottom pattern. Market data shows rising spot and futures volumes, thinning sell pressure, and renewed whale activity—all bolstered by the recent passage of the U.S. Genius Act.

While $2 seems plausible for DOGE, its $10 dream WOULD require a $1.45 trillion market cap—exceeding Bitcoin's peak valuation. Meanwhile, Pepeto's presale carries the quiet tension of an overlooked opportunity, reminiscent of early-stage gems that later explode. The market's risk appetite is clearly returning, with traders leaning into speculative assets.

Dogecoin Price Prediction: Broadening Wedge Pattern Suggests Rally to $1.4

Dogecoin's chart formation hints at a significant upward move, with analyst Trader Tardigrade projecting a 600% surge to $1.40. The meme coin currently trades at $0.20, representing a 58% retracement from its late 2024 peak and a 72% decline from its 2021 all-time high.

The bullish case centers on a broadening wedge pattern—a technical setup characterized by diverging support and resistance lines that typically precedes volatile breakouts. This structure suggests Dogecoin may be poised for its most substantial rally yet, according to the analyst's interpretation.

Market enthusiasm appears to be spilling over into adjacent projects. Maxi Doge, a new entrant in the meme coin space, has secured $350,000 in presale funding within its first five days—a notable achievement given recent market headwinds.

Meme Coin Rally Revives Crypto Speculation: DOGE and Newcomer Pepeto in Focus

The cryptocurrency market is witnessing a resurgence of risk appetite, with meme coins leading the charge. Dogecoin (DOGE) has broken out of its prolonged slump, surging past $0.20 to reach $0.21 amid growing trading volumes and whale accumulation. The token's double-bottom pattern and reduced selling pressure suggest renewed confidence, further buoyed by regulatory developments like the U.S. Genius Act.

While a return to DOGE's 2021 peak of $0.74 seems plausible, its $10 price target remains a speculative stretch—requiring a $1.45 trillion market cap that would dwarf Bitcoin's all-time high. Meanwhile, Pepeto emerges as a dark horse, with its presale activity hinting at potential momentum. Priced at $0.000000144, the micro-cap token could see outsized moves from minimal capital inflows.

Dogecoin Price Prediction: RSI Signals Potential Rally Amid Macro Shift

Dogecoin's technical setup mirrors the conditions that preceded its 70% surge in June, with the 4-hour RSI dipping into oversold territory once again. This time, however, the meme coin trades at $0.20—a higher low that could amplify the upside potential.

The broader macro environment appears increasingly favorable for risk assets. Market participants now anticipate up to three Fed rate cuts by 2025, with the first potentially arriving as soon as September. Such monetary easing typically fuels liquidity flows into speculative assets like cryptocurrencies.

Analyst Kriss Pax notes the striking similarity between current RSI conditions and those preceding Dogecoin's June rally. The key difference lies in the price floor—where $0.14 previously marked the bottom, the current base has formed NEAR $0.20, suggesting stronger underlying demand.

Dogecoin Price Crash Could End Soon With A Roadmap For $5

Dogecoin's recent downturn may be approaching its conclusion as historical chart patterns hint at a potential bullish reversal. The meme coin, currently trading around $0.2, could be gearing up for a significant rally towards $5, according to analyst 'CryptoELITES'. This optimistic projection comes despite DOGE's 10% weekly decline and extended bearish trend.

Technical analysis reveals a recurring pattern of descending triangles during past bull cycles, characterized by sharp rallies followed by prolonged consolidation. These formations have historically resolved with explosive upside breakouts. The current setup suggests Dogecoin may be nearing a similar inflection point.

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