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⛓️ Crypto🟢 BullishImportance 6/10Actionable
Analyst Predicts Dogecoin Price Will ‘Pump Hard’ Soon, Here’s Why
🤖AI Summary
Dogecoin active addresses surged 176% in one week from 41,557 to 114,662, while whales accumulated approximately 470 million DOGE over 72 hours. Analysts predict a potential price pump based on increased network activity and whale accumulation, with technical levels suggesting strength if DOGE holds above $0.105.
Key Takeaways
- →Dogecoin active addresses increased 176% in one week, reaching 114,662 addresses - the highest level in months.
- →Whales purchased approximately 470 million DOGE over the past 72 hours, indicating coordinated accumulation.
- →Crypto analyst Myles G. predicts Dogecoin will 'pump hard soon' based on the increased network activity.
- →Technical analysis suggests DOGE needs to hold above $0.105 before week-end to maintain strength.
- →The surge in active addresses indicates returning retail attention to the meme coin.
#dogecoin#doge#meme-coin#whale-accumulation#on-chain-analysis#price-prediction#active-addresses#network-activity
Read Original →via NewsBTC
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