Dogecoin Rallies Despite Whale Dump, Raises Questions about Short-Term Trends

Dogecoin’s price surged 11% despite significant whale activity that saw over a billion tokens sold in the past week. This sudden rebound has sparked speculation about whether it signifies a long-term trend or just a temporary bounce before further price decline. While some traders see potential for short-term growth, analysts warn of continued volatility due to shifting market dynamics and uncertainty surrounding the cryptocurrency’s future.