On the basis of the reports of the criptovalute analysts of the market, Dogecoin attracted the attention of investors with a significant tendency to purchase whales.
The analyst of the cryptocurrency market Ali Martinez revealed that the main investors purchased 200 million token dogecoin in just two weeks, sending ripples through the cryptocurrency market. This unexpected move aroused an intense discussion between traders and market observers.
Massive accumulation of coins market signals
Investors are observing closely while the great owners of Dogecoin make substantial moves. The token saw a remarkable price jump from $ 0.148 to $ 0.185 between 11 and 25 March, representing an increase of almost 26%.
The whales have accumulated over 200 million #Dogecoin $ Doge In the last two weeks, showing strong trust despite recent volatility. pic.twitter.com/hwtzq7btyp
– Ali (@ali_charts) March 25, 2025
Market experts indicate this substantial growth as a potential turn for the cryptocurrency of the meme. Some traders believe that the activity of the whales can be a more significant omen of price movements.
Analysts involve the potential increase in prices
The observers of the market have collected encouraging signals that suggest that Dogecoin could go to a substantial gathering. The Tardigrade trader analyst has provided further excitement by suggesting that the cryptocurrency is completing its third market cycle.
This analysis suggests a potential increase in significant price that could attract the attention of aged and novice investors. The weekly chart supports this optimism, showing a 22% gain in the last few days.
The derivative market shows a growing interest
Data trading tells us more about why so many people are enthusiastic about dogecoin. Open Futures increased by 6%, reaching almost 2 billion dollars, showing that more people and large companies believe it. The amount exchanged rose by 15%, hitting over $ 4 billion, based on Coinglass data. These numbers show that more people are involved and the market could continue to climb.
Large buyers continue to push the market
The great investors have purchased Dogecoin in great volumes and is a rather strong sign of trust in the market. Even with all the ups and downs of the price, they clearly see something in the meme currency.
Being on 200 million coins in just two weeks is not a small move: it shows that they believe in which this thing is direct. At this moment, Dogecoin is sitting at $ 0.1910, growing by 5% the day, which adds to the growing optimism.
In the foreground of Gemini Imagen, TradingView chart