Dogecoin (Doge) Restoring the broader marketAs the number of portfolios with a million dodes increased significantly. With Dogoin Millionaire club recently made big moves again, Bull It aims to seek a sharp recovery to the target $ 1.
Dogecoin Millionaire Wallets Skyroility
Dogecoin, along with many of the other metal coins and other minerals on the market, faced a two -month encryption scale, however Big carriers It appears to take advantage of the low price. according to Reports From the Santiment market intelligence platform, the number of wallets containing at least one million Doge codes It has increased steadily, indicating that the whales accumulate instead of selling.
Since early February, the Doge Millionaire amount has increased by 62 wallets, which represents an increase of 1.24 %. In addition, The active headlines rose The past of 150,000 per day, the highest level since mid -November 2024.
This increased Network activity The signals were supported by the participation of the user, interest and increased confidence of whales. Moreover, the number of ascending portfolio indicates that users enter the market again, which leads to the adoption of increasing trading activities.
Historically, the increasing portfolio numbers between adult holders have been associated with bullish trends at the Dukwin price. This is because these cumulative whales contain a large part of the trading width of the encrypted currency.
If Dogecoin continues to see an increase in its millionaire portfolios and active headlines, this may be the matter Strong recovery Once the broader market stabilizes. Santiment also shares similar feelings, as its report reveals that the increase in the interest of Dogecoin and smart funds indicates a possible turning point soon.
Currently, the MEME COIN price is still not certain because of The market slowdown. Dogecoin continues to face great fluctuations and decline. Its price fell by more than 40 % last month, which pushed it to $ 1.67, according to Coinmarketca.
Dogecoin Bulls goal price $ 1
While its network records an increase in the large governor of the pregnant woman, Dogecoin price It was predicted to reach a desired $ 1 mark in this bull cycle. Share a technical chart analysis to make meme Coin, Trader Tardigrade open The weekly candle was closed with Duji.
Doji Candle is a neutral candle style indicating the frequency between buyers and sellers. It also shows the price of an open encryption and almost identical closure. This candle indicates a The reflection of the possible direction, Especially if the cryptocurrency is at the end of the strong lower direction or the upward trend.
According to Trader Tardigrade, Dogecoin weekly candle It indicates the opposite of the upward trend. If the cryptocurrency can continue its upward momentum, then the analyst Increase projects to $ 1 Before the end of 2025. This mutation represents a huge price increased by 498 % of its lowest levels in the current market.
Distinctive image from Unsplash, Chart from TradingView.com
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