Dogecoin Whales Return with $108 Million Purchase, Price To Hit $0.20 Soon

The post Dogecoin Whales Return with $108 Million Purchase, Price To Hit $0.20 Soon appeared first on Coinpedia Fintech News

Dogecoin (DOGE) whales are back, making headlines with a massive purchase of one billion DOGE in just 24 hours, worth around $108 million. Despite the overall bearish trend in the crypto market due to geopolitical tensions, this significant buy-up shows strong interest in Dogecoin. As of now, DOGE’s price has risen by 1.79% to $0.1078, reversing some losses from earlier in October when it dropped by 5.89%. Analysts believe that the recent price dip presented a golden opportunity for whale investors. With a new target of $0.20, a level not seen since April, the ongoing whale activity could push Dogecoin towards this ambitious goal in the coming weeks.