- Whales purchased 1.83 billion DOGE worth $126M, signaling targeted interest in Dogecoin’s liquidity and potential growth.
- TRUMP token saw a 63.17% daily price increase, with market capitalization at $11.91B and trading volume up by 316.28%.
- Historical data projects Dogecoin could see a 55X surge to $20, following cyclical patterns aligned with past presidential inaugurations.
In the past 48 hours, cryptocurrency activity has seen a notable shift as whales acquired 1.83 billion Dogecoin (DOGE). This substantial accumulation occurred amid a broader market focus on the trending TRUMP token. The significant influx of capital into Dogecoin underscores growing interest from large-scale investors in the cryptocurrency, drawing attention to the digital asset’s potential market dynamics.
Whales Accumulate Dogecoin in Bulk Transactions
Data by Ali Charts reveals that the 1.83 billion DOGE, worth approximately $126 million, was purchased across several high-volume transactions. These acquisitions highlight a targeted approach by Whales to capitalize on Dogecoin’s liquidity and current market conditions.
Like the TRUMP token, Dogecoin is related to the owner of X, Elon Musk. Analysts project that the recent surge in TRUMP may also initiate an uptick in movement. Analysts point out that the inauguration of President Trump might initiate a pump effect.
According to market observations, in 2021, it surged 80X after the inauguration. The chart by James Potts illustrates an ongoing cycle in 2025, with the price currently near $0.38.
Projections suggest a potential 55X increase, possibly reaching $20 based on historical trends. The chart outlines cyclical growth patterns with support and resistance levels forming an upward trend channel.
Timing of the Purchases
The accumulation coincides with heightened market attention on TRUMP, which has drawn significant activity and speculation. Despite the spotlight on TRUMP, whale activity centered on Dogecoin suggests a deliberate focus on the asset.
According to CoinMarketCap data, the price of the TRUMP token at the hour of press reads at $59.59, reflecting a 63.17% daily increase. The token’s market capitalization stands at $11.91 billion, with a 24-hour trading volume of $46.59 billion, marking a 316.28% rise.
The fully diluted valuation is $59.58 billion, with a circulating supply of 200 million tokens. The chart indicates recent price fluctuations, peaking near $70 before stabilizing. The 24-hour volume-to-market-cap ratio is at 368.68%, showcasing heightened trading activity during this period.
