Dogecoin Price Prediction: Whale Accumulation Signals Massive Bull Run
The post Dogecoin Price Prediction: Whale Accumulation Signals Massive Bull Run appeared first on Coinpedia Fintech News
Since November 4, Dogecoin, the top meme coin by market cap, has surged by approximately 155.25%. Notably, some key technical indicators suggest that there is still room for growth in the Dogecoin market. Additionally, reports indicate that DOGE is going to witness a parabolic bull run soon. In a recent post on X, Crypto expert Ali explains the current Dogecoin market landscape in depth. Curious to know? Dive in!
Dogecoin’s Parabolic Bull Run and Whale ActivityRumours suggest that Dogecoin has recently become one of the most favoured choices of crypto whales. In a post published on X by Ali about Dogecoin whales on November 15, he noted that at least 140 million Dogecoins had been purchased by whales within just 24 hours. In another post published on November 17 by Ali regarding the Dogecoin retail investment scenario, he highlighted the growing interest among retail investors in this meme coin.
On May 7, 2021, the Dogecoin price was nearly $0.69011. The current price is at least 77.51% lower than the peak of May 2021. Moreover, the current MVRV ratio remains at around 42.65%. These factors clearly indicate that there is more room to grow for DOGE.
Key Price Predictions for Dogecoin#Dogecoin $DOGE has entered a parabolic bull run…
And here is the price prediction! 