Dogecoin whales shift almost billion dollars in meme coins amid price breakout: What's next for DOGE?
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Dogecoin $1.2 Billion Explosion Fading, XRP 50% Price Spike Is New Massive Target, Solana Technical Cross Is Coming, one can see how the so-called whales started to move more tokens in the last 24 hours. The volume of transactions, no less than $100,000 each, jumped from 4.81 billion DOGE to 7.83 billion DOGE, a 62.78% increase. In dollar terms, this change was characterized by an increase from $612.38 million to $931.55 million.
The breakout marked the end of over six months of downtrend and could be the long-awaited start of the bull run. This is why hopes for October were as high as possible, as the setup that has formed ahead of the"holy" month for the crypto market,"Uptober," seems ideal for bulls. That is why the activity on behalf of whales surged. They are not only fueling but are also right in the mix of what's cooking on the crypto market right now.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.
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