DOGE price has increased by 2.11% in the last 24 hours, leading to hopes of reversing the recent corrective action. Market participants anticipate a quick recovery to $0.20 and beyond. The drop in DOGE holdings by large holders was accompanied by a surge in transactions worth over $100,000, indicating massive sell-offs by whales. However, analysts remain optimistic about DOGE's resilience and expect a bounce to $0.20 in the coming days.
rose 2.11% in the last 24 hours of trading, spurring hopes of reversing the corrective action seen over the past week.
The negative price action followed massive sell-offs by large holders of the coin. According to AMBCrypto’s analysis of Santiment’s data, number of wallets holding between 1,000 to 1 million coins dipped significantly over the week.
DOGE Price Recovery Corrective Action Market Holders Sell-Offs Whales Transactions Bounce
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