Dogecoin Whales Accumulate, Is a $0.50 DOGE Surge Coming in March?

5 months ago 27

The cryptocurrency marketplace is presently seeing large shifts successful its price. The latest carnage did not spare immoderate coin. The meme coin marketplace was among the astir affected. Dogecoin (DOGE) has been struggling passim the period of February. The plus started the period astatine a precocious of $0.3407 but soon plummeted to a debased of $0.1819. This represented a driblet of 43%. While immoderate were panicking astir this decrease, whales were rapidly accumulating the meme coin. Can the whales adhd momentum to DOGE’s price?

Also Read: Bitcoin Crash Is a Gift

How Did Dogecoin Fare Over the Past Day?

Source: CoinGape

At the clip of writing, Dogecoin was trading astatine $0.1867. The plus recorded a monolithic driblet of astir 11% implicit the past 24 hours. Earlier today, DOGE was priced astatine a precocious of $0.2112 earlier dropping to its existent low. The past week has been challenging for the meme coin arsenic it decreased by 27% during this period.

Also Read: De-Dollarization Efforts ‘Won’t Stop’ arsenic Global Giants Defy Trump’s 100% Tariff Threat

It looks similar whales successful the DOGE marketplace were highly assured astir the meme coin. According to a caller tweet from Ali Martinez, a salient cryptocurrency analyst, DOGE whales were accumulating the dip. These ample investors were reportedly pocketing implicit 530 cardinal DOGE implicit the past 72 hours.

Also Read: US Economy: Trump’s Tariff Spree Is Set To Create More Mayhem: Here’s How

Can The Meme Coin Hit $0.50 In March 2025?

According to information from CoinCodex, successful examination to existent rates, analysts foretell that DOGE’s terms volition summation by 162.69% successful March. The plus whitethorn mean astir $0.4911413, with a precocious of $0.793693 and a debased of $0.185209. This forecast follows a atrocious 30-day marketplace performance, which saw a nonaccomplishment of -43.06%, suggesting a imaginable inclination reversal.

It looks similar March is going to bring large gains for the meme coin. The plus is each acceptable to determination beyond the $0.50 people and deed a precocious of $0.7936.

Also Read: GTA 6 Update: ‘Developer’ Confirms 2025 Release and Leaked Map Insights

Read Entire Article