Crypto Whales Load $640,500,000 Worth of Dogecoin (DOGE) in Just Two Days, Says Analyst

Entrenched digital asset traders are gobbling up enormous quantities of the main meme token Dogecoin (DOGE).

Dealer Ali Martinez tells his 116,800 followers on social media platform accumulated DOGE to the tune of $640.5 million in simply two days.

“Whereas Everybody Focuses on TRUMP, Whales Purchased 1.83 Billion Dogecoin DOGE [48 hours!]”

On the time of writing, DOGE is buying and selling at $0.35.

TRUMP himself, Martinez predicts that the memecoin will rise above $50 if it clears the diagonal resistance of a falling wedge sample.

A falling wedge construction is commonly considered as a bullish reversal sample as a result of it signifies that promoting strain is dropping momentum.

“TRUMP seems to be forming a bearish wedge on the decrease timeframes, indicating a possible consolidation in direction of the highest earlier than a restoration to $54.”

On the time of writing, TRUMP is price $32.48.

As for the Solana (SOL)-based meme token dogwifhat (WIF), the dealer believes the altcoin is shifting inside a big parallel channel – a sample that means the asset is in a sideways pattern because it crosses each the help and respects the resistance ranges.

With WIF buying and selling near the sample help degree at $1.35, Martinez believes it’s nearly time for the altcoin to spark rallies.

“We may see additional consolidation across the decrease restrict of the channel earlier than a surge in direction of $5!”

On the time of writing, WIF is price $1.37.

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