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Dogecoin is poised for a 10% surge amid institutional buying interest

Consolidation at $0.4 attracts institutional interest: Dogecoin’s price has stabilized near 0.4 USD, leading to increased interest from institutional investors. This consolidation phase may eventually trigger a substantial price Movement as buyers grow impatient with a lack of upward momentum.

Record accumulation by large holders: Addresses holding over 1 million DOGE have surged to a record HIGH of 130 billion DOGE, indicating significant confidence among large investors. Such accumulation suggests that whales are positioning themselves for a potential price increase.

Surge in transaction volume signals growing demand: Large transaction volumes for DOGE have risen dramatically from 6.1 billion USD to 23.3 billion USD in just 72 hours, highlighting growing demand. Success in breaking resistance points may lead DOGE to rebound significantly if momentum builds.

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