TL; Dr.
- The cryptocurrency market shows signs of rebirth on Friday night, with many assets that draw impressive profits, led by BTC.
- Dogecoin is also fine in the Green, which comes after an spree of substantial accumulation due to dogized whales.
Dogecoin was once among the biggest beneficiaries of Donald Trump’s victory in the United States elections, shooting by triple digits in a month or two to a peak of several years of almost $ 0.5.
The asset failed to break that level on a couple of occasions and went south strongly during correction in recent months. Earlier this week, the OG MEME currency reached a minimum of five months of $ 0.13 amid the growing tension in the commercial war.
However, Dege reacted well to this massive fall and yesterday jumped more than $ 0.165. Although he could not maintain his career and was pushed south less than $ 0.15 in the following hours, he now quotes over $ 0.16 after a daily increase.
The last price increase occurs after a substantial acquisition made by whales. These great market participants have collected more than 80 million Duxts in the period of only 24 hours.
Although this is far from being the largest accumulation of a single day, it still shows an upward trend in times of price corrections. The more whales they buy, the less tokens for immediate sales and could serve as an example for smaller investors that tend to follow the largest.
Whales bought more than 80 million #DEGOIN $ Dux In the last 24 hours! pic.twitter.com/2pmxs2ijrq
– Ali (@ali_charts) April 11, 2025
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