Event:
Heavy whale and average user engagement in the purchase of the popular memecoin Dogecoin has been discovered by researchers, and it can have a great impact on the price. The crypto community is shilling this token and more bullish on it than ever, we also cannot help but notice the active wallets which are holding this coin are on the rise compared to the last four months. The memecoin activity is on the rise right before our eyes, may cause a pump.
Market whales holding Dogecoin in their wallet are purchasing this token increasingly and it is their holdings that can serve as an exceptional foundation for the growth of the entire Dogecoin project.
Many wallets, in a sense, clearly show that this memecoin is at an exceptional entry point!
Based on the history of the memecoin, we witnessed a similar scenario in November, following which the token jumped more than 200%. Dogecoin is a very promising memecoin with the potential to keep for long periods of time.
The actual facts regarding the memecoin from the top list:
Despite the very good Dogecoin trend, investors need to be careful with such investments because this token is not backed by any currency and has no history. (You can lose your money, watch out!)
This article is not an investment advice
