Dogecoin has seen a significant drop in its price, shedding nearly 45% from its December high of $0.46 and currently trading at $0.25. Despite this, large investors, referred to as whales, are seizing this opportunity to accumulate Dogecoin, which experts interpret as a sign of potential confidence in the meme coin.
The activity of whales buying Dogecoin is often seen as an indicator of future market trends, as these large investors can influence the coin's price and indicate broader sentiment.
출처: en.cryptonomist.ch ↗