Journalist
Posted:
- A significant uptick in whale holdings was observed over the last month.
- DOGE bounced 7% from its weekly lows as of press time.
The largest memecoin by market cap, Dogecoin [DOGE], was on its way to recovery as the Binance-linked market FUD began to fade.
DOGE bounced 7% from its weekly lows as of press time, AMBCrypto spotted using CoinMarketCap’s data. This gave the Doge army optimism for a smoother rising trajectory in the days ahead.
Trading volumes were slim
Interestingly, the price retracement was not built on robust trading activity. According to AMBCrypto’s analysis of Santiment’s data, trading volumes dipped sharply since the 21st November sell-offs.
The number of addresses involved in DOGE transactions likewise dropped 58% in the last 24 hours, indicating poor on-chain traffic.
Source: Santiment
While DOGE encountered fluctuations in its price and network activity, on a larger timeframe, key developments were shaping the memecoin’s narrative.
Whale investors see hope in DOGE
The number of transactions worth more than $100,000 increased considerably in November. In fact, the count of 575 recorded on 17th November was the highest in three months.
Source: Santiment
The transactions were dominated by buyers as they led to an uptick in total whale holdings, AMBCrypto concluded after analyzing the supply distribution of DOGE wallets.
Source: Santiment
While there were no specific catalysts, the wider market euphoria on Bitcoin [BTC] spot ETFs could be driving the buying pressure.
Prominent on-chain researcher Ali Martinez interpreted increased interest from whales as a bullish signal for DOGE.
While whales do exert a disproportionate influence on an asset’s price movements, traders should perform due diligence before making any investment decisions. Remember to always DYOR.
Longs for DOGE increase
In the last 24 hours, DOGE’s price increased by 2.69%.
The price rise attracted bullish-leveraged traders to the market, as the number of long positions exceeded shorts, AMBCrypto analyzed using Hyblock Capital’s data,
Source: Hyblock Capital
How much are 1,10,100 DOGEs worth today?
The positive value of Whale vs Retail Delta indicator showed that more whales were taking long positions than retail investors. This meant that whales were hopeful of DOGE’s surge in the days to come.
Generally, experts attach higher value to whales’ strategies, owing to their experience in the realm.
Journalist
Posted:
- A significant uptick in whale holdings was observed over the last month.
- DOGE bounced 7% from its weekly lows as of press time.
The largest memecoin by market cap, Dogecoin [DOGE], was on its way to recovery as the Binance-linked market FUD began to fade.
DOGE bounced 7% from its weekly lows as of press time, AMBCrypto spotted using CoinMarketCap’s data. This gave the Doge army optimism for a smoother rising trajectory in the days ahead.
Trading volumes were slim
Interestingly, the price retracement was not built on robust trading activity. According to AMBCrypto’s analysis of Santiment’s data, trading volumes dipped sharply since the 21st November sell-offs.
The number of addresses involved in DOGE transactions likewise dropped 58% in the last 24 hours, indicating poor on-chain traffic.
Source: Santiment
While DOGE encountered fluctuations in its price and network activity, on a larger timeframe, key developments were shaping the memecoin’s narrative.
Whale investors see hope in DOGE
The number of transactions worth more than $100,000 increased considerably in November. In fact, the count of 575 recorded on 17th November was the highest in three months.
Source: Santiment
The transactions were dominated by buyers as they led to an uptick in total whale holdings, AMBCrypto concluded after analyzing the supply distribution of DOGE wallets.
Source: Santiment
While there were no specific catalysts, the wider market euphoria on Bitcoin [BTC] spot ETFs could be driving the buying pressure.
Prominent on-chain researcher Ali Martinez interpreted increased interest from whales as a bullish signal for DOGE.
While whales do exert a disproportionate influence on an asset’s price movements, traders should perform due diligence before making any investment decisions. Remember to always DYOR.
Longs for DOGE increase
In the last 24 hours, DOGE’s price increased by 2.69%.
The price rise attracted bullish-leveraged traders to the market, as the number of long positions exceeded shorts, AMBCrypto analyzed using Hyblock Capital’s data,
Source: Hyblock Capital
How much are 1,10,100 DOGEs worth today?
The positive value of Whale vs Retail Delta indicator showed that more whales were taking long positions than retail investors. This meant that whales were hopeful of DOGE’s surge in the days to come.
Generally, experts attach higher value to whales’ strategies, owing to their experience in the realm.
can you get cheap clomid prices clomid rx for men where to buy cheap clomiphene tablets buying clomiphene price can you buy clomiphene for sale how can i get generic clomiphene clomiphene tablets for sale
Greetings! Very serviceable recommendation within this article! It’s the little changes which choice obtain the largest changes. Thanks a quantity towards sharing!
This is the description of serenity I enjoy reading.
azithromycin 250mg for sale – order zithromax 500mg without prescription generic metronidazole 400mg
semaglutide 14 mg brand – order cyproheptadine 4mg pills buy periactin 4 mg for sale
motilium without prescription – buy generic motilium flexeril online buy
where can i buy clavulanate – atbio info acillin pills
buy generic esomeprazole 20mg – https://anexamate.com/ order generic esomeprazole 40mg
buy medex generic – https://coumamide.com/ hyzaar drug
buy mobic 15mg generic – relieve pain meloxicam without prescription
buy prednisone 40mg sale – corticosteroid prednisone 5mg pills
medicine erectile dysfunction – https://fastedtotake.com/ pills for erection
how to get amoxicillin without a prescription – https://combamoxi.com/ amoxicillin over the counter
diflucan 100mg cost – https://gpdifluca.com/# fluconazole 200mg over the counter
cialis black in australia – shelf life of liquid tadalafil what is cialis tadalafil used for
zantac 300mg drug – brand ranitidine 300mg ranitidine 300mg without prescription
canadian pharmacy cialis brand – cialis patent expiration date centurion laboratories tadalafil review
More articles like this would make the blogosphere richer. click
goodrx sildenafil 100 – how to order viagra in australia where to order viagra online
I am actually thrilled to coup d’oeil at this blog posts which consists of tons of profitable facts, thanks towards providing such data. amoxicillin price
More posts like this would make the online elbow-room more useful. https://ursxdol.com/levitra-vardenafil-online/
This is the amicable of topic I have reading. https://prohnrg.com/product/priligy-dapoxetine-pills/
I’ll certainly bring back to review more. https://ondactone.com/simvastatin/