Whales are buying, new users are pouring in, and in the background there’s a presale building momentum; positive pressure is building on Dogecoin ($DOGE).
KEY POINTS:
➡️ Whales add billions in Dogecoin to their holdings, pouring $338M into the ecosystem.
➡️ Bearish signs remain as user numbers drop.
➡️ Maxi Doge ($MAXI) builds on a strong $3.6M presale, could send $MAXI and $DOGE higher.
Whales are buying, new users are pouring in, and in the background, a presale is building momentum; positive pressure is accumulating on Dogecoin ($DOGE).
Dogecoin suffered the same setbacks in recent days as everyone else, but with the token still up 50% for the year, there are signs of renewed confidence.
Large Dogecoin holders (whales) have accumulated over 1.7B $DOGE worth approximately $338M in recent days. This surge comes as the meme coin flirts with a critical resistance level near $0.20.
With Maxi Doge’s presale building hype in the background, the current on-chain dynamics could be pivotal for DOGE’s next move.
Whale Accumulation and New Addresses on the Rise
Whales holding greater than 100M $DOGE have quietly added around 1.7B tokens. At the same time, the number of active Dogecoin addresses continues to rise for the year, although it has declined in recent days.
Whales often buy before bullish phases, as they position themselves before potential price rallies. Their activity suggests whale investors believe $DOGE has room to move upward, even in an uncertain broader market.
Despite that bullish indicator, retail enthusiasm appears to be cooling.
The dip in new addresses suggests fewer fresh entrants, which could stifle the kind of momentum needed to push the price significantly higher.
That goes a long way towards explaining $DOGE’s current struggle to maintain critical support levels:
Without a renewed influx of retail capital and momentum, even whales may not be enough to develop a rally.
What whales can’t do, another Doge might – can the arrival of a major Doge-inspired presale be enough to spur a comeback?
Maxi Doge ($MAXI) – A New Big Doge Arrives, Featuring 1000x Leverage and 83% APY
Meme coin traders love momentum. It’s often the single biggest metric, driving the kind of 10x, 100x, and 1000x gains that meme coins are famous for.
Maxi Doge ($MAXI) goes all-in on momentum, in at least three critical ways:
- Marketing. Every bit of the messaging is designed to push $MAXI higher, from the pumped-up mascot to the aggressive roadmap.
- Tokenomics. Supporting the marketing push, the tokenomics allocate a full 40% directly to promotions. Add in another 25% for the Maxi Fund for the best opportunities, and well over half the $MAXI tokens go to a single objective: building momentum.
- Presale Incentives. Purchase $MAXI for $0.0002635 and stake it for a dynamic 83% APY.
Don’t miss out on the next big Doge – learn how to buy $MAXI.
Visit the Maxi Doge presale page today.
$DOGE whales have made a bold move by stacking 1.7B $DOGE amid price volatility. But they aren’t the only ones – $MAXI can point to whale buys of its own, including two of $314K. Will Maxi Doge’s success cut into $DOGE’s lead – or send both cryptos surging?
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Source: https://bravenewcoin.com/partner/dogecoin-whales-add-338m-what-this-means-for-maxi-doge