Dogecoin Whales Buy 750M DOGE as Analysts Predict 200% Crypto Surge
Dogecoin whales accumulate 750 million DOGE, fueling speculation of a massive 200% rally as analysts spot bullish signals in the crypto market.
By Tylt Editorial Team
Whales buy 750M DOGE, signaling strong market interest.
Analysts foresee a 200% price surge if DOGE stays above $0.19.
Memecoins like Floki also show bullish trends amid market volatility.
Dogecoin whales have made a significant move, accumulating 750 million DOGE during the latest market dip. Analysts believe this could signal the beginning of a massive rally. Crypto trader Bluntz, an expert in Elliott Wave theory, suggests that Dogecoin has completed its ABC corrective phase, setting the stage for a five-wave surge. If DOGE maintains support above $0.19, a 200% increase may be in sight, potentially reaching new highs.
Bluntz points out that meme tokens, including Floki, are also flashing bullish signals. Floki, in particular, is displaying a strong bullish divergence, hinting at a potential reversal. Despite recent declines in major cryptocurrencies—Bitcoin down 9%, and memecoins like Dogecoin and XRP dropping 26%—investors see an opportunity in DOGE’s setup.
At present, Dogecoin is trading at $0.24. The resurgence of meme tokens suggests that sentiment around these assets could be shifting, making them a focal point for traders in the coming weeks.
