Dogecoin’s Price Surge Ignites Meme Coin Rally: PEPE & MAGACOIN Finance in Focus

Dogecoin experienced a substantial price surge of 6% in the last seven days, marking one of its sharpest weekly gains in recent months. This increase coincides with a notable spike in whale activity, evidenced by massive purchases of over $50 million worth of Dogecoin (DOGE) from large wallets within a single day and another significant accumulation between August 5-6. This level of buying has been rarely seen since the period preceding the last major DOGE pump in 2021. Analysts are eager to observe this whale activity, tracking their addresses for further clues about future trading patterns.