The cryptocurrency market is currently experiencing major changes in its price. The last carnage has spared no part. The parts market even was among the most affected. DOGECOIN (DOGE) had difficulties throughout the month of February. The asset began the month at a summit of $ 0.3407, but quickly dropped to a minimum of $ 0.1819. This represented a drop of 43%. While some were panicking about this decrease, the whales quickly accumulated the meme piece. Can whales add momentum to Doge’s price?
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How did Dogecoin occur during the last day?
At the time of writing the editorial staff, Dogecoin was negotiated at $ 0.1867. The asset recorded a massive drop of almost 11% in the last 24 hours. Earlier in the day, DOGE was at a price of $ 0.2112 before moving on to its current hollow. Last week was difficult for the memes coin because it decreased by 27% during this period.
It seems that the whales on the Doge’s market were extremely confident on the memes piece. According to a new Tweet by Ali Martinez, a prominent cryptocurrency analyst, the Doge’s whales accumulated the DIP. These large investors would have pocketed more than 530 million Doges in the last 72 hours.
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Can the play of the same reach $ 0.50 in March 2025?
According to Coincocex data, compared to current rates, analysts provide that the Doge price will increase by 162.69% in March. The asset can an average of about $ 0.491,1413, with a summit of $ 0.793693 and a minimum of $ 0.185209. This forecast follows a poor 30 -day market performance, which experienced a loss of -43.06%, suggesting a potential trend reversal.
It seems that March will bring major gains for the medal of the same. The asset is ready to go beyond the $ 0.50 bar and reached a summit of $ 0.7936.
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