Dogecoin Whales Accumulate Massive Holdings: Fueling Continued Price Surge?

The cryptocurrency market has witnessed a significant surge in the price of Dogecoin (DOGE), with the coin’s market capitalization reaching almost $40 billion, solidifying its position as the top performer within the meme coin sector. Recent whale activity is particularly notable, as large DOGE holders have amassed over 30 million coins in just 24 hours. This accumulation signals strong conviction and could be driving further price increases for the popular cryptocurrency.