Dogecoin whales have been actively buying up the cryptocurrency, accumulating over 1.08 billion tokens worth more than $350 million in the last 24 hours. This surge in buying activity is fueling speculation that Dogecoin could soon hit a new all-time high. Market observers point to the potential impact of Donald Trump's presidency in the future and Elon Musk's involvement with Dogecoin as contributing factors to the positive sentiment.
on X that Doge coin whales have purchased over 1.08 tokens in the last 24 hours. Several days ago, large investorsby a price surge . Additionally, this activity often signals confidence in the asset, encouraging retail investors to follow suit and amplifying price increases. This behavior can also lead to “FOMO” , further driving demand.
Some market observers who speculate that DOGE could soon hit a new all-time high include Trader Tardigrade and ProfessorAstrones. The formerSome might assume the new year could be highly successful for the OG meme coin. After all, Donald Trump will become America’s 47th President in less than 20 days, while Elon Musk willa newly established division called the Department of Government Efficiency .
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DOGE Dogecoin Whales Price Surge ATH
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