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Dogecoin price is signaling a big rise soon. Technical charts and big trades by whales are creating excitement about the future. At the current price of $0.3917, DOGE coin is down 6.4% in the last week. However, experts believe that this decline may be the beginning of a larger rise. In this article, we will look at the latest whale activity and explain why the Dogecoin price may soon reach $3.
Whale Movements Point to Accumulation
Latest data shows whales recently moved $56 million worth of DOGE. This led many to believe that whales were preparing for a price jump. In the past, such large moves have often led to large changes in DOGE price. This shows that whales are confident about the future of the DOGE coin.
Whales often buy when they expect prices to rise. That’s why analysts see this as an accumulation phase. Dogecoin stock has stood out as a strong option for holders, especially in the current price range of $0.30 to $0.40.
New Developments Strengthen Bullish Sentiment
New updates show an increase in Dogecoin activity. Daily active wallets increased by more than 15%. This growth shows that more people are interested in DOGE, especially after the election.
It is also mentioned that large companies such as Tesla will use DOGE more for payments. If this happens, Dogecoin stock could become more useful and popular. This raised hope among supporters. Some believe these changes could push the Dogecoin price above $3.
Additionally, online searches for Dogecoin increased by 20% last week. This shows that both ordinary people and big players are showing more interest in DOGE coin. These trends are positive signs for its future.
Technical Models Suggest Upswing to $3
Analysts see repeating patterns on Doge coin price charts. These patterns match previous bull runs where prices rose rapidly after a decline. For example, the ascending channel on the charts since 2020 shows that each decline leads to a huge price jump. Following this pattern, analysts predict that Dogecoin price could reach $3. If the market gets too strong, the price could even rise to $18.
Currently, Dogecoin stock is selling for less than half of its 2021 all-time high of $0.7316. However, increased interest in Dogecoin and large purchases by whales make it possible for prices to rise again. These factors suggest that Dogecoin may soon experience a strong uptrend.
Minotaurus (MTAUR): A Promising Addition to Your DOGE Holding
Despite the recent decline, Dogecoin is still a favorite for many, but it’s not the only one in the spotlight. Minotaurus (MTAUR) is also on the rise, surpassing 720,000 USDT in its presale and showing potential for success in the future. Currently MTAUR is offered for 0.00008001 USDT; This is 60% lower than the listing price of 0.00020 USDT. If you join today, you’re looking at 150% growth potential once the token is listed. From 0.00004 USDT, those who join early can see an impressive 400% increase!
Minotaurus isn’t just about price increases; it’s also about actual in-game utility. Players can use MTAUR tokens to unlock special features, enhancing their gaming experience. The project’s token economy also stands out, and it has a vesting program that offers bonuses to those who choose to lock their tokens for longer periods of time. Additionally, excitement around MTAUR is growing as influencers attract attention and crypto enthusiasts join the movement.
Don’t miss the opportunity, grab your tokens before the price continues to rise and don’t forget to participate in the 100,000 USDT giveaway. One lucky winner in this giveaway will win MTAUR worth 50,000 USDT!
Solution
This week’s drop in Dogecoin price may not be bad news. Instead, it could be a sign of a new rally. Whale activity, greater wallet usage, and increased interest point to a possible uptrend. With a $3 price target and increasing interest from both technical charts and the public, Dogecoin is becoming a major focus.
Along with DOGE, Minotaurus (MTAUR) is on its way to becoming a must-watch project. It offers owners an easy entry and attractive benefits, making it an excellent way to increase the potential of your portfolio. Join while the pre-sale is still ongoing!
Learn more about Minotaurus:
Website: http://minotaurus.io/
Announcements: https://t.me/minotaurus_official
Chat: https://t.me/minotaurus_chat
Twitter: https://twitter.com/minotaurus_io
Source: https://www.bitcoinsistemi.com/kalkistan-once-bir-dusus-balinalar-teknik-analizin-3-dolara-isaret-etmesiyle-doge-satin-aliyor/