What Are Dogecoin Whales Preparing For?

TL;DR

• Dogecoin whales went on an enormous accumulation spree prior to now two days, scooping up over 800,000,000 tokens.
• The query now arises whether or not they’re making ready for a serious rally, maybe pushed by encouraging information on the DOGE ETF entrance.

Dogecoin whales are a vital a part of the OG meme coin’s ecosystem, they usually are likely to make massive strikes throughout bull and bear markets. As an illustration, they went all in on the asset after the US elections, which helped it skyrocket from $0.15 to $0.5 inside a few months.

Nevertheless, they confirmed a blended habits within the subsequent few months, together with some substantial sell-offs. Naturally, DOGE’s worth reacted, and it tumbled from the aforementioned peak to a low of $0.13 earlier this week.

After the newest gross sales, these massive market members have turned the tables as soon as once more, starting to accumulate substantial parts of the biggest meme coin.

Up to now 48 hours alone, they’ve bought a whopping 800,000,000 cash. By way of USD worth, this stash equals nearly $130 million, given DOGE’s present worth of $0.16.

Whales purchased greater than 800 million #Dogecoin $DOGE within the final 48 hours! pic.twitter.com/swQV3RYevT

— Ali (@ali_charts) April 15, 2025

X customers speculated that whales may be making ready for an additional rally propelled by a possible approval of a Dogecoin ETF within the States. The panorama round such merchandise has heated up currently, with quite a few firms filing to launch exchange-traded funds monitoring DOGE’s efficiency.

Polymarket shows a 62% probability of such monetary autos getting accepted within the States by the top of the yr, however the percentages drop to 22% when the deadline is ready at July 31.

Crypto analysts proceed to be bullish on DOGE, predicting a big improve within the following weeks of as much as 3x, which might push it to and past $0.5.

In the meantime, one in every of Dogecoin’s builders lately warned customers to keep away from scammers impersonating the mission and selling pretend DOGE-related tokens.