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Dogecoin whales accumulate 525M tokens, eyeing $0.15 amid SpaceX IPO buzz

Market News
22 May 2026
Tokenpost
View Source
Bullish
pluang ai news

Dogecoin (DOGE) price hovered near $0.105 with a slight daily decline, but whale investors have accumulated over 525 million DOGE in 96 hours, signaling confidence in a price rise toward $0.15. This accumulation represents a significant portion of the circulating supply, valued at nearly $2 billion. Institutional interest is also growing, with DOGE ETFs seeing $2.15 million inflows in May, the strongest since February. The buildup coincides with anticipation of SpaceX's IPO, linked to Elon Musk, which traders believe could boost Dogecoin's momentum further. Technical indicators suggest a potential 40% rally if DOGE breaks above $0.112 resistance.

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