Dogecoin Price Prediction – DOGE Whale Accumulation Surges, Is It The Right Time To Buy?

Deep-pocketed whales appear to be stacking Dogecoin, indicating that the top meme coin could be gearing up for a major bullish reversal. 

Earlier this week, on April 14th, whales accumulated over 800 million DOGE in a single day, investing nearly $128 million into the meme coin. 

Dogecoin price predictions from prominent analysts also suggest a strong possibility of new all-time highs in 2025, perhaps even $1. 

However, sidelined investors should be wary of blindly chasing the whales. The DOGE price remains in a short-term downtrend, and exercising patience at current levels could yield a more favourable entry point.

Why Are Whales Buying Dogecoin?

The strong whale demand for DOGE isn’t surprising.

Dogecoin continues to be one of the safest bets for the upcoming crypto bull market, owing to its strong fundamentals and upcoming bullish developments. 

For instance, Bloomberg analysts Eric Balchunas and James Seyffart estimate a 75% chance of a spot Dogecoin ETF being approved in 2025, marking the second-highest approval odds among all crypto assets with pending ETF applications before the SEC.

Moreover, they believe the SEC already views DOGE as a commodity—an undeniably bullish signal.

Last week, 21Shares became the third institution to file for spot Dogecoin ETFs, joining Grayscale and Bitwise. 

Unlike Ethereum — which many mainstream investors still view as a second-best to Bitcoin — Dogecoin enjoys strong retail and cultural demand. As a result, experts aren’t applying the same underwhelming spot ETH ETF inflow expectations to DOGE, which could see far greater success following an ETF launch.

Meanwhile, it continues to be Elon Musk’s favourite meme coin, another notch in its belt that could result in significant gains in the upcoming bull market. 

It is, therefore, no surprise that whales invested nearly $128 million into Dogecoin after its price fell to $0.16 earlier this week. 

Dogecoin Price Prediction — Is This The Right Time To Buy DOGE?

Dogecoin appears to be on the verge of an explosive rally, with a bullish divergence forming on the daily chart. While price has made a lower low, the Relative Strength Index (RSI) is printing a higher low—a classic signal of potential upward momentum.

However, sidelined investors need to exercise patience. DOGE failed to breach the multi-week descending trendline and is, therefore, still in a downtrend. 

It wouldn’t be a surprise if it forms a double bottom at $0.14 before kickstarting a bullish reversal. 

Prominent analysts are still extremely bullish on the meme coin in the long term. 

Dogecoin price prediction from popular trader Surf indicates that it is trading within an accumulation cylinder with a widening mouth. A rebound from the lower trendline could open the door to new all-time highs this year, potentially even pushing DOGE toward the $1 mark.

Could MIND of Pepe Outperform DOGE This Year?

Despite Dogecoin’s bullish prospects, its relatively large market capitalization means that it isn’t the best bet for 10x to 100x returns in the upcoming bull run. 

Smart money investors are stacking high upside, low-cap gems for that. 

For instance, strong smart money demand has pushed the Ethereum-based AI agent coin, MIND of Pepe (MIND), past the $8 million milestone in its presale. 

While the AI crypto sector is saturated on Solana, it remains an emerging market on Ethereum. ETH maxis remained largely sidelined from the broader AI crypto rally earlier this year. Unsurprisingly, they are betting big on projects like MIND of Pepe this time around, eyeing outsized returns in the upcoming AI wave. 

MIND of Pepe is a self-sovereign agent — a cutting-edge, AI-powered crypto engine — designed to deliver a competitive edge to all MIND holders. 

Whales won’t have an exclusive monopoly on market alpha anymore. MIND holders will soon receive real-time insights regarding whale accumulation patterns, sentiment shift, technical chart patterns, etc. 

MIND of Pepe can create its trends on social media, thanks to its self-managed X and Telegram accounts. It can also launch its own meme coins, with MIND holders receiving discounted access. 

Considering its unique value proposition and the strong demand for new AI coins, prominent analysts are even calling MIND the next 100x crypto. 

Visit MIND of Pepe Presale