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Altcoins & DeFi

Dogecoin Whales Accumulate $24 Million as DOGE Price Tests Key Resistance

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Dogecoin (DOGE) is attracting renewed market attention as large whale transactions coincide with a bullish long-term price outlook. According to DogeGod, whales recently moved 300 million DOGE, worth approximately $24 million. Meanwhile, crypto analyst Crypto Patel suggests that the DOGE price could reach $2 in the next bull run if its technical structure supports a sustained recovery. The analyst identifies $0.1186 as the key resistance level to watch, making the next price movement important for traders assessing Dogecoin’s breakout potential. According to DogeGod, Dogecoin whales recently conducted transactions involving 300 million DOGE, equivalent to approximately $24 million. Such large movements can attract traders’ attention because substantial holders may influence market liquidity and short-term sentiment.

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