{"id":83387,"date":"2025-07-24T10:18:12","date_gmt":"2025-07-24T10:18:12","guid":{"rendered":"https:\/\/mycryptomania.com\/?p=83387"},"modified":"2025-07-24T10:18:12","modified_gmt":"2025-07-24T10:18:12","slug":"310000000-doge-in-2-days-is-dogecoin-ready-to-rally-after-10-drop","status":"publish","type":"post","link":"https:\/\/mycryptomania.com\/?p=83387","title":{"rendered":"310,000,000 DOGE in 2 Days: Is Dogecoin Ready to Rally After 10% Drop?"},"content":{"rendered":"

TL;DR<\/strong><\/p>\n

Despite DOGE\u2019s price slump, the whales\u2019 accumulation, the rising exchange outflows, and a nearly oversold RSI signal that the bull run is far from being over. <\/span>
\nAnalysts remain optimistic, setting targets of $0.52 and even a new ATH of $5.<\/span><\/p>\n

<\/a><\/p>\n

The Whales and the Other Bullish Factors<\/h2>\n

The biggest meme coin has experienced a substantial price pullback over the last 24 hours, retreating by around 10% and currently trading at $0.23 (per CoinGecko\u2019s data).<\/span><\/p>\n

However, the whales\u2019 recent actions suggest that another uptrend could be just around the corner. The popular X user Ali Martinez <\/span>revealed<\/span><\/a> that large investors have purchased more than 310 million DOGE in the span of 48 hours, \u201csignaling major accumulation after a brief profit-taking dip.\u201d<\/span><\/p>\n

The USD equivalent of the bought stash is roughly $73.5 million, whereas the whales now hold approximately 25.42 billion tokens. <\/span>This<\/span> represents 16.6% of Dogecoin\u2019s circulating supply and is worth more than $6 billion.\u00a0<\/span><\/p>\n

The accumulation from big investors leaves fewer coins available on the open market and might trigger a price rally if demand remains steady or increases. Furthermore, their actions could <\/span>be mimicked<\/span> by smaller players who may inject fresh capital into the ecosystem.\u00a0<\/span><\/p>\n

The rising outflow of DOGE from exchanges should also <\/span>be interpreted<\/span> as a bullish element. <\/span>CoinGlass\u2019s data <\/span>shows<\/span> that investors have been <\/span>moving<\/span> their holdings from centralized platforms to self-custody solutions over the <\/span>last<\/span> several months, <\/span>which reflects a reduced<\/span> immediate selling pressure.
\n<\/span><\/p>\n

<\/a>DOGE Exchange Netflow, Source: CoinGlass<\/p>\n

Last but not least<\/span>, Dogecoin\u2019s Relative Strength Index (RSI) has dropped to nearly 30. Such a ratio typically indicates that the asset may be oversold and is due for a trend reversal. Conversely, anything above 70 means that the valuation has soared too rapidly in a short period and may <\/span>be followed<\/span> by a short-term correction.
\n<\/span><\/p>\n

<\/a>DOGE RSI, Source: CryptoWaves<\/p>\n

Price Predictions<\/span><\/h2>\n

Despite the dip, many Dogecoin proponents remain optimistic that the price is poised to reach fresh peaks soon. X user Galaxy <\/span>assumed<\/span><\/a> that the pullback has acted as a retest of the recent breakout, envisioning a new uptrend that could <\/span>go<\/span> as high as $0.52.\u00a0<\/span><\/p>\n

Ultimae GL <\/span>sees<\/span><\/a> \u201ca high probability\u201d for DOGE to tap $0.35 next. To do so, the price must hold $0.21 as support and break above $0.28.\u00a0<\/span><\/p>\n

CryptoELITES <\/span>claimed<\/span><\/a> the meme coin\u2019s bull run is far from being over, setting an ambitious target of $5 as the next all-time high.<\/span><\/p>\n

The post 310,000,000 DOGE in 2 Days: Is Dogecoin Ready to Rally After 10% Drop?<\/a> appeared first on CryptoPotato<\/a>.<\/p>","protected":false},"excerpt":{"rendered":"

TL;DR Despite DOGE\u2019s price slump, the whales\u2019 accumulation, the rising exchange outflows, and a nearly oversold RSI signal that the bull run is far from being over. Analysts remain optimistic, setting targets of $0.52 and even a new ATH of $5. The Whales and the Other Bullish Factors The biggest meme coin has experienced a […]<\/p>\n","protected":false},"author":0,"featured_media":83388,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-83387","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-discovery"],"_links":{"self":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83387"}],"collection":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=83387"}],"version-history":[{"count":0,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/posts\/83387\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=\/wp\/v2\/media\/83388"}],"wp:attachment":[{"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=83387"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=83387"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/mycryptomania.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=83387"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}