DOGE has seen renewed interest among large players as ETF speculation picks up pace. Will it boost recovery odds?
In fact, despite its 23% slump from January’s highs of $0.43, whale entities have scooped 560 million DOGE tokens. This revealed that large players took advantage of the latest price discount to add positions. According to analyst Ali Martinez’s
“Dogecoin has matured into a potentially powerful tool for promoting financial accessibility. We believe, as a faster, cheaper, and more scalable derivative of Bitcoin, Dogecoin is helping groups underserved by legacy financial infrastructure to participate in the financial system.”
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