クリプトドットイン

暗号に強い人材のためのオルタナティブ・リンクトイン

160,000,000 DOGE in 4 Days: Is Dogecoin Ready for a Further Rally?

Dogecoin has been among the best-performing cryptocurrencies (at least in the top 100) over the past week.

The recent whale behavior signals that the asset could be gearing up for a further ascent, while certain analysts envision a price explosion in the coming months.

Buying More

The undisputed leader in the meme coin niche has pumped by 12% on a seven-day scale and is currently worth around $0.11 (per CoinGecko data). Its market capitalization has reached $17 billion, widening the gap with Shiba Inu, which reclaimed the second position.

DOGE Price
DOGE Price, Source: CoinGecko

DOGE’s rally comes on the back of increased appetite from the large investors. The popular analyst Ali Martinez revealed that whales have scooped up 160 million coins (equivalent to approximately $17.6 million) in 96 hours. This group of market participants now holds roughly 18.15 billion DOGE, or 11% of the circulating supply.

Purchases of this type reduce the number of tokens available on the market, which could trigger a price ascent (should demand remain constant or increase). They also signal confidence from the big players, and smaller investors could follow their lead.

Earlier this month, the on-chain analytics platform Santiment disclosed that Dogecoin’s whales have hit a six-month high in activity, with 739 transfers of more than $100,000 in a single day. Moreover, the total holdings of the 149 investors who hold at least 100 million DOGE each surged to a record 108.52 billion coins.

Many analysts on X believe the meme coin has yet to post substantial gains. The one using the moniker Celal Kucuker recently argued that DOGE is the only major altcoin capable of a 20x increase and forecasted that its price could explode to $2.20 by May next year.

The Bearish Signals

Despite the positive momentum, certain indicators suggest DOGE could experience a pullback in the near future. One of those is the Relative Strength Index (RSI), whose ratio has soared past 70, meaning that the asset has entered overbought territory. The technical analysis tool runs from 0 to 100, and conversely, anything below 30 is interpreted as a buying opportunity.

DOGE RSI
DOGE RSI, Source: CryptoWaves

Another bearish factor is DOGE’s recent exchange netflow. Over the past several days, inflows have surpassed outflows, suggesting that investors have moved holdings from self-custody towards centralized platforms, thereby increasing immediate selling pressure.

DOGE Exchange Netflow
DOGE Exchange Netflow, Source: CoinGlass

 

ポスト 160,000,000 DOGE in 4 Days: Is Dogecoin Ready for a Further Rally? に初登場した。 クリプトポテト.


コメント

コメントを残す

メールアドレスが公開されることはありません。 が付いている欄は必須項目です

最新フィード

人気カテゴリー

ウェブサイトを検索

人気記事

タグ

#AlexeyPertsev (1) #Bidenクリプトバン (1) #Biden選挙 (1) #BinanceVsCoinbase (1) #ビットコイン (438) #BitcoinETF (3) #ビットコイン基礎知識 (1) #ビットコインの取り扱い (1) #Bビットコイン価格 (5) #BitcoinPriceLevel (1) #BitcoinPump (1) #BitcoinReserve (1) #ビットコイン・サージ (1) #Bitcoinトップ (1) #Bitfinex (1) #ビットワイズ (1) #BracebridgeCapital (1) #BRC20トークン (1) #BTC取得 (1) #Bullish予測 (1) #Bullishセンチメント (1) #中国鉱業 (1) #CPプレビュー (1) #CryptoAsset (2) #CryptoBattle (1) #CryptoBoom (1) #CryptoExpert (1) #CryptoInsights (1) #クリプトマニア (1) #CryptoMarket (4) #CryptoPrediction (1) #Crypto予測 (1) 1TP5トリプトレギュレーション (2) #CryptoTakeoff (1) #CryptoTiming (1) #CryptoTips (1) #CryptoTreasury (1) #CryptoUncertainty(暗号の不確実性 (1) #Dデリバティブジャンプ (1) #Dogecoin (73) #Dogecoinゲイン (1) #Dogecoinボリューム (1) #ダッチコート (2) #ECコマース (1) #ElSalvadorビットコイン (1) #Ethereum (69) #EthereumPain (1) #EthereumPrice (1) 1TP5専門家の意見 (1) #Fedレートカット (1) #FiatCurrency (1) #フィナンシャル・インパクト (1) #フィナンシャル・プライバシー (1) #Firmシャットダウン (1) #F凍結アカウント (1) 1TP5自己資金 (1) #InflationData (1) 1TP5投資 (1) 1TP5投資損失 (1) #日本ファーム (1) #法的措置 (1) 1TP5法的影響 (1) #法律 (1) #LightningNetwork (1) #市場分析 (3) #Mマーケットモニタリング (1) #M市場予測 (1) #市場予測 (1) #M市場予測 (1) #Mマーケットサポート (1) #マーケットボラティリティ (1) #マリッジ (1) #MemeCoin (5) #Memeコイン (2) #Miner収益性 (1) #マネーロンダリング (2) #MtGox (4) #北朝鮮暗号 (1) #ノボグラッツ予想 (1) #Priceマイルストーン (1) #P価格予測 (2) #Price質問 (1) #プライスサージ (1) #Prisonセンテンス (1) #QuantAnalysis (1) 1TP5規制圧力 (1) #SECアンチクリプト (1) #ShibaInu (6) #SocialBuzz (1) #技術分析 (1) #トンコイン (3) #トルネードキャッシュ (3) #TornadoCashDev (1) #TornadoCashデベロッパー (1) #UKクリプト (1) #Upsideポテンシャル (1) #USCongress(米国議会 (1) #ワイオミングランド (1) #XRP価格 (1) #XRPupswing (1)

お役立ちリンク

私が役に立ち、共有したいと思ったリンク