{"id":361055,"date":"2025-01-28T19:04:57","date_gmt":"2025-01-28T13:34:57","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=361055"},"modified":"2025-01-28T19:04:57","modified_gmt":"2025-01-28T13:34:57","slug":"dogecoin-whales-buy-460m-doge-sparking-optimism-whats-next-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/dogecoin-whales-buy-460m-doge-sparking-optimism-whats-next-crypto-news\/","title":{"rendered":"Dogecoin Whales Buy 460M DOGE Sparking Optimism, What’s Next? – Crypto News"},"content":{"rendered":"

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Recent Dogecoin whale data sent shockwaves across the broader crypto industry on Tuesday, underlining a highly bullish future for the meme token. Whales have accumulated nearly 500 million tokens amid the recent market dip ahead of the FOMC, bringing heightened buying pressure to the asset. In turn, DOGE price was up nearly 7% intraday, with additional bullish stats weighing in on the token.<\/p>\n

Dogecoin Whales On Buying Spree Signal Gains Ahead<\/h2>\n

In a recent X post, the renowned crypto market analyst Ali Martinez said<\/a> that Dogecoin whales purchased 460 million tokens amidst the recent market dip. This trade maneuver underscored a potential \u2018buy-the-dip\u2019 sentiment prevailing among large-scale investors, signaling further price gains imminent.<\/p>\n

Source: Ali Martinez, X<\/figcaption><\/figure>\n<\/p>\n

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Notably, DOGE witnessed a waning action as the week kicked off, aligning with the broader market trend ahead of FOMC. Nevertheless, the massive Dogecoin whale buying paved a highly bullish path for the asset, with investors\u2019 optimism further cemented by the rising intraday price movement.<\/p>\n

Intriguingly, another Elon Musk-related development has unfolded in the sector, garnering additional attention toward the dog-themed meme coin<\/a>.<\/p>\n

Elon Musk Offers Dogecoin Founder Employment<\/h2>\n

<\/p>\n

In an X post on January 28, American billionaire and Dogecoin supporter Elon Musk offered Shebatoshi Nakamoto<\/a> an employment opportunity. Replying to Nakamoto\u2019s post on X, Musk stated, \u201cWanna work at DOGE? Would be kinda perfect.\u201d<\/p>\n

Although the post by Nakamoto was soon deleted, it set off market-wide discussions over potential developments and impact on Dogecoin price. Further escorted by the recent Dogecoin whale data, this saga has additionally fueled optimism about the meme token and its future endeavors.<\/p>\n

DOGE Price Builds Momentum<\/h2>\n

As of press time, DOGE price witnessed an almost 7% uptick in value and is currently trading at $0.3346. The asset\u2019s intraday bottom and peak were $0.3092 and $0.3386, respectively. Notably, the current bullish movement aligns with the heightened buying pressure brought by DOGE whales.<\/p>\n

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Further, analyst Ali Martinez spotlighted that $766.45 million in short positions will be liquidated if DOGE price rebounds to $0.35. This data further sparked investor enthusiasm over future price actions amid broader bullish developments, with the asset sustaining a pump amid rising market interest.<\/p>\n

\"DOGE\"DOGE
Source: Ali Martinez, X<\/figcaption><\/figure>\n<\/p>\n

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Coingape Staff <\/p>\n<\/p><\/div>\n

CoinGape comprises an experienced team of native content writers and editors working round the clock to cover news globally and present news as a fact rather than an opinion. CoinGape writers and reporters contributed to this article. <\/p>\n<\/p><\/div>\n

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.<\/p>\n

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Recent Dogecoin whale data sent shockwaves across the broader crypto industry on Tuesday, underlining a highly bullish future for the meme token. Whales have accumulated nearly 500 million tokens amid the recent market dip ahead of the FOMC, bringing heightened buying pressure to the asset. In turn, DOGE price was up nearly 7% intraday, with […]<\/p>\n","protected":false},"author":2,"featured_media":361059,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[173],"tags":[201,248,251,246,257,255,250,252,247,253,249,256,254],"class_list":["post-361055","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-others","tag-blockchain","tag-bsc","tag-chainlink","tag-coin","tag-cryptocurrency","tag-gta","tag-looks-rare","tag-oracle","tag-polygon","tag-quickswap","tag-safe-moon","tag-wallet","tag-wordpress"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/361055","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=361055"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/361055\/revisions"}],"predecessor-version":[{"id":361062,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/361055\/revisions\/361062"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/361059"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=361055"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=361055"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=361055"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}