Dogecoin Whales and Traders Bet Big Amid Market Volatility
TL;DR Summary
Dogecoin whales have accumulated over $100 million worth of DOGE since late May, increasing their holdings and potentially signaling a price rally. The 90-day Mean Coin Age and circulation metrics suggest reduced selling pressure, which could lead to a price increase if sustained. However, if these metrics do not align, DOGE's price could drop to $0.12. Currently, 83% of Dogecoin holders are in profit, and this could rise if the price moves upward.
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