Crypto Blog
Dogecoin has been on a remarkable run lately, with the meme coin breaking past resistance levels and setting new 52-week highs.
Currently trading around $0.165, DOGE went on a rally between February 26 and March 5 – soaring an incredible 146% to hit $0.206 before pulling back aggressively. This bullish momentum doesn’t appear to be dying down anytime soon, with Dogecoin’s rabid community continuing to push it higher. Data from blockchain analytics platform IntoTheBlock reveals that the total number of “Dogecoin millionaires” – addresses holding over $1 million worth of DOGE – hasThis rise in large investors, including whale-sized holders with over $10 million, suggests significant accumulation is taking place.Such rapid growth in the number of wealthy investors is often seen as a bullish signal.
With a defined roadmap, including exchange listings and strategic partnerships, Scotty the AI’s team has ambitious growth plans.
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