Do you prepare for a crowd?

TL; D

• Although monthly prices decreased by 25 %, big investors bought more than $ 37 million from Doug, indicating that they could build their sites to make possible gains.
• However, the hopes of reinforcement faded from Elon Musk after explaining that the Ministry of Governmental efficiency (DOGE) had no plans to adopt the Mimi currency.

He buys the huge whale last month

the Elderly Mimi currency in conditions The total market value witnessed improved fluctuations throughout the month of March, with a price of between $ 0.14 to approximately $ 0.25. currently, Trading at about $ 0.17, which represents a 25 % decrease on a 30 -day scale.

Whales seem uncomfortable with this disorder, and they increased their property during this time frame. X user on Martinez open These investors have ended the month through net purchases for more than 220 million dusks, which is equal to more than $ 37 million (calculated at the current rates).

He pointed out that the whales now possess about 10.52 billion symbols, which constitutes approximately 7 % of the circulating Dogecoin supplies.

When these big investors buy large quantities of Doge, they effectively reduce available number Icons in the open market. If the demand remains constant or increases, this reduction may lead to ascending pressure on the price. ​

Such procedures can also It is explained As a sign of confidence in the future performance of the original, which can Encourage the additional purchase of retailers, further Driving Evaluation.

Moses’ recent comments

Elon Musk Entry to the American political scene several months ago sparked great enthusiasm among the supporters of Dog. The CEO of Tesla has been appointed to lead the facility The Ministry of Governmental efficiency (Doge).

The section has the same shortcut as the popular Mim currency, while the billionaire is Known as A fixed supporter of the latter.

While the encryption community expected some Kind of Support, the last musk comments poured cold water on such hopes. he He said The United States government has no plans to use Dog in any way.

“It happens to be similar names, but we are in fact literally Just an attempt to make the government a 15 % more efficient. ”

However, the bulls will have to wait for other motivations that can raise the price in the near future. Examples include possible approval of the Doge ETF spot in America. Ayadion, BitWise, and Osprey are some companies that have submitted requests to launch this type of product. Green light opportunities before the end of the year now expected To be just less than 70 %.