Dogecoin is currently experiencing favorable market volatility, presenting an opportunity for a potential rebound in its value. This surge in volatility could benefit Dogecoin if leveraged properly.
However, Dogecoin's successful rebound is heavily contingent upon the cooperation of large holders or so-called "whales." These key investors play a crucial role in determining the coin's market dynamics.
Without the active support and cooperation of these large holders, Dogecoin risks missing the chance for a significant recovery, as their trading decisions significantly influence market sentiment and price movements.
