Dogecoin has seen a significant rise in on-chain activity from whales holding at least 100 million DOGE, reaching a six-month peak. These large holders now control over 70% of the circulating supply, with their total holdings hitting an all-time high of 108.52 billion DOGE, valued at around $11.8 billion. This increased demand from whales, along with steady growth in U.S. spot DOGE ETFs, has helped Dogecoin's price surge over 16% in the past month, pushing its market cap to about $16.9 billion. Continued accumulation by whales could stabilize Dogecoin after a prolonged bear market, but if they start selling, the price may decline.
Dogecoin (DOGE) traded near $0.088 on June 16, holding close to a key support level of $0.087 within a short-term rising channel. Despite a slight weekly gain of 2.7%, DOGE remains down over 19% monthly, reflecting broader market caution. Technical i...
Bitcoin, Ethereum, XRP, and Dogecoin surged following optimism around a peace deal with Iran, with Bitcoin reaching $67,248 amid increased trading volume. The global crypto market cap rose to $2.27 trillion, while stocks also hit record highs. Analys...
Ethereum (ETH) futures have seen a significant increase in long positions within USD-margined contracts, often used by institutional traders, with the long share rising to 60.42%. This suggests growing leverage demand from large players even as the n...
Bitcoin jumped above $66,000, with Ethereum, XRP, and Dogecoin also rising up to 13% following a U.S.-Iran peace agreement that increased investor risk appetite. Despite significant trader liquidations totaling over $600 million in 24 hours, spot Bit...
Dogecoin is exhibiting a weekly bullish divergence, indicating weakening bearish momentum similar to a pattern seen before its 2022 recovery. Despite this positive signal, DOGE remains trapped within a defined trading range, with key support levels a...
