Dogecoin Whales Accumulate 1,470,000,000 DOGE in Three Months As Top Memecoin Shows Decoupling Signs: Santiment

0 0

knife

A leading analytics firm says whales are loading up on Dogecoin (DOGE) as the top memecoin flashes signs of breaking away from the rest of the crypto markets.

Market intelligence firm Santiment says that Dogecoin whales, or addresses holding over 10,000,000 DOGE, are in the process of gobbling up large stacks of the leading meme crypto asset.

According to Santiment, Dogecoin whales have added 1,470,000,000 DOGE in their portfolio over the last three months. The analytics firm also adds that DOGE could be flashing early signs of outperforming the crypto markets.

“Dogecoin has shown some mild decoupling signs this weekend with a +9% jump in the past 24 hours while most of crypto is flat. Santiment Feed data indicates that addresses holding 10 million+ DOGE have accumulated 1.47 billion in coins since Jan. 1st worth $123.1 million.”

Image
Source: Santiment/Twitter

Amid the Dogecoin whale accumulation, popular crypto strategist Kaleo tells his 571,600 Twitter followers that DOGE is likely gearing up for a strong surge after managing to take out its diagonal resistance on the lower timeframe.

“DOGE officially breaking out on multiple timeframes. Send it to $0.15 with haste.”

Image
Source: Kaleo/Twitter

At time of writing, Dogecoin is trading for $0.095. A move toward Kaleo’s target of $0.15 suggests an upside potential of nearly 57%.

Don’t Miss a Beat – Subscribe to get crypto email alerts delivered directly to your inbox



Check Price Action



Follow us on Twitter, Facebook and Telegram



Surf The Daily Hodl Mix


Check Latest News Headlines

&nbsp

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any loses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Featured Image: Shutterstock/80’s Child

The post Dogecoin Whales Accumulate 1,470,000,000 DOGE in Three Months As Top Memecoin Shows Decoupling Signs: Santiment appeared first on The Daily Hodl.

Leave A Reply

Your email address will not be published.

bitcoin
Bitcoin (BTC) $ 27,030.24
ethereum
Ethereum (ETH) $ 1,888.92
tether
Tether (USDT) $ 1.00
bnb
BNB (BNB) $ 306.26
usd-coin
USD Coin (USDC) $ 1.00
xrp
XRP (XRP) $ 0.518867
staked-ether
Lido Staked Ether (STETH) $ 1,887.60
cardano
Cardano (ADA) $ 0.375684
dogecoin
Dogecoin (DOGE) $ 0.072055
solana
Solana (SOL) $ 21.15
matic-network
Polygon (MATIC) $ 0.902542
tron
TRON (TRX) $ 0.076544
litecoin
Litecoin (LTC) $ 94.06
polkadot
Polkadot (DOT) $ 5.24
binance-usd
Binance USD (BUSD) $ 1.00
shiba-inu
Shiba Inu (SHIB) $ 0.000008
avalanche-2
Avalanche (AVAX) $ 14.46
dai
Dai (DAI) $ 1.00
wrapped-bitcoin
Wrapped Bitcoin (WBTC) $ 27,058.25
uniswap
Uniswap (UNI) $ 5.04
leo-token
LEO Token (LEO) $ 3.59
chainlink
Chainlink (LINK) $ 6.38
cosmos
Cosmos Hub (ATOM) $ 10.58
okb
OKB (OKB) $ 46.26
monero
Monero (XMR) $ 146.32
the-open-network
Toncoin (TON) $ 1.73
ethereum-classic
Ethereum Classic (ETC) $ 18.03
stellar
Stellar (XLM) $ 0.092051
bitcoin-cash
Bitcoin Cash (BCH) $ 114.10
filecoin
Filecoin (FIL) $ 4.92
internet-computer
Internet Computer (ICP) $ 4.79
true-usd
TrueUSD (TUSD) $ 1.00
lido-dao
Lido DAO (LDO) $ 2.30
aptos
Aptos (APT) $ 9.05
quant-network
Quant (QNT) $ 118.44
hedera-hashgraph
Hedera (HBAR) $ 0.050571
arbitrum
Arbitrum (ARB) $ 1.24
crypto-com-chain
Cronos (CRO) $ 0.059353
near
NEAR Protocol (NEAR) $ 1.60
vechain
VeChain (VET) $ 0.019858
the-graph
The Graph (GRT) $ 0.131107
apecoin
ApeCoin (APE) $ 3.11
algorand
Algorand (ALGO) $ 0.151132
the-sandbox
The Sandbox (SAND) $ 0.561101
paxos-standard
Pax Dollar (USDP) $ 0.999623
frax
Frax (FRAX) $ 0.998302
edgecoin-2
Edgecoin (EDGT) $ 1.00
eos
EOS (EOS) $ 0.902841
elrond-erd-2
MultiversX (EGLD) $ 37.68
rocket-pool
Rocket Pool (RPL) $ 49.33
render-token
Render (RNDR) $ 2.61
optimism
Optimism (OP) $ 1.44
aave
Aave (AAVE) $ 63.99
fantom
Fantom (FTM) $ 0.320844
decentraland
Decentraland (MANA) $ 0.483125
theta-token
Theta Network (THETA) $ 0.854812
blockstack
Stacks (STX) $ 0.612797
tezos
Tezos (XTZ) $ 0.905307
rocket-pool-eth
Rocket Pool ETH (RETH) $ 2,027.38
axie-infinity
Axie Infinity (AXS) $ 7.03
immutable-x
ImmutableX (IMX) $ 0.768696
flow
Flow (FLOW) $ 0.730746
havven
Synthetix Network (SNX) $ 2.37
usdd
USDD (USDD) $ 0.999895
neo
NEO (NEO) $ 10.35
bitdao
BitDAO (BIT) $ 0.50003
gala
GALA (GALA) $ 0.030136
kucoin-shares
KuCoin (KCS) $ 7.37
whitebit
WhiteBIT Token (WBT) $ 4.90
radix
Radix (XRD) $ 0.068389
curve-dao-token
Curve DAO (CRV) $ 0.848223
bitget-token
Bitget Token (BGB) $ 0.465634
injective-protocol
Injective (INJ) $ 7.90
bitcoin-sv
Bitcoin SV (BSV) $ 32.57
gatechain-token
Gate (GT) $ 4.35
conflux-token
Conflux (CFX) $ 0.287557
maker
Maker (MKR) $ 664.97
gemini-dollar
Gemini Dollar (GUSD) $ 1.00
klay-token
Klaytn (KLAY) $ 0.184993
bittorrent
BitTorrent (BTT) $ 0.00000058475667
iota
IOTA (MIOTA) $ 0.198112
kava
Kava (KAVA) $ 1.00
chiliz
Chiliz (CHZ) $ 0.101807
pepe
Pepe (PEPE) $ 0.000001
casper-network
Casper Network (CSPR) $ 0.047088
pax-gold
PAX Gold (PAXG) $ 1,971.67
tokenize-xchange
Tokenize Xchange (TKX) $ 6.35
sui
Sui (SUI) $ 0.944715
terra-luna
Terra Luna Classic (LUNC) $ 0.000085
xdce-crowd-sale
XDC Network (XDC) $ 0.035839
compound-ether
cETH (CETH) $ 37.97
mina-protocol
Mina Protocol (MINA) $ 0.54112
gmx
GMX (GMX) $ 55.49
tether-gold
Tether Gold (XAUT) $ 1,964.38
huobi-token
Huobi (HT) $ 2.95
ecash
eCash (XEC) $ 0.000025
dash
Dash (DASH) $ 42.32
frax-share
Frax Share (FXS) $ 6.61
trust-wallet-token
Trust Wallet (TWT) $ 1.07
frax-ether
Frax Ether (FRXETH) $ 1,886.90