Dogecoin's price has slipped to $0.1491, even as the broader cryptocurrency market shows signs of recovery. This decline comes despite significant whale activity, with large holders accumulating 480 million DOGE this week, indicating sustained long-term confidence in the asset.
Additionally, the recently launched Dogecoin ETF has attracted $2.85 million in inflows, highlighting growing institutional interest. Analysts remain optimistic, suggesting that if key support levels are maintained, Dogecoin could potentially rise to $1.
Dogecoin Price Dips Amid Whale Accumulation and ETF Inflows
Disclaimer: The content provided on Phemex News is for informational purposes only. We do not guarantee the quality, accuracy, or completeness of the information sourced from third-party articles. The content on this page does not constitute financial or investment advice. We strongly encourage you to conduct you own research and consult with a qualified financial advisor before making any investment decisions.
