Dogecoin Stays Lit: Whales Go Hard on a Bounce
Dogecoin is showing life again. After dipping into the $0.194–$0.20 range, the price popped back above $0.20 today, riding a massive $200M whale accumulation spree over 1 billion DOGE moved into big wallets in the past 24 hours. Whales aren’t messing around they’re betting reused strength.
Why the Dogecoin Hype Is Real Right Now
Data from Tokenview and U.Today confirms that major holders pushed serious volume into DOGE during the dip. That’s classic smart-money behavior. Technical setup is tight, too: DOGE recently broke a descending channel and double-bottom around $0.20–$0.21. Futures and spot volume are up, sell pressure is low, and RSI/MACD momentum indicators are aligning bullish. All that suggests a possible run toward $0.25–$0.30 or more if alt-season heats up.
Still, volume is slightly down ($1.45B, −18%), and traders warn that a fall below $0.198 could open a slide toward $0.185.
CoinCodex and other prediction platforms see DOGE ranging between $0.20–$0.23 by early August, possibly reaching $0.30 later in the month. Long-term, forecasts vary: some models put DOGE around $0.29–$0.31 by end‑2025; others even project $0.60–$1 if market sentiment and ETF momentum build
TL;DR: DOGE is holding $0.20 for now, whales are buying hard, and technicals hint at breakout energy—if support holds.
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