Big Money Flows into Dogecoin as Whales Bet on Meme Coin's Rally
Sunday, 2 June 2024, 11:20
The Rise of Dogecoin Whales
Dogecoin, the popular meme-based cryptocurrency, has recently attracted the attention of institutional investors, commonly referred to as 'whales', who have collectively poured a staggering $110 million into the digital asset within the span of just 72 hours.
A Bullish Bet on Dogecoin
These substantial investments from high-net-worth individuals and firms reflect a growing confidence in Dogecoin's future prospects and the potential for substantial price appreciation in the near term.
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