A widely followed cryptocurrency analyst has expressed bullish sentiment on the 10th largest digital asset by market capitalization.
The pseudonymous analyst smart contract that predicted the 2018 Bitcoin trough six months before the drop To tell His 211,200 Twitter followers are currently amassing a large amount of Dogecoin (DOGE).
“DOGE/BTC continues to accumulate the most insane looking high timeframes.
If we revisit this in a year, DOGE will be much higher than $0.065. ”
Dogecoin is trading at $0.06445 at the time of writing, up around 6% in the last 24 hours.
Smart Contracter Predictions Match Cryptocurrency Analysis Firm Santiment claim Dogecoin’s whale trading and funding rates have recently increased.
“Dogecoin has posted a solid +9% gain over the past day and a half, and Meme Coin still ranks as the 10th largest asset in cryptocurrencies by market cap. Whale trading and funding rates soar. , and these are the two big factors that predict a change in price direction.”
Online brokerage app Robinhood is now Address holding Largest amount of Dogecoin – stash worth over $2.5 billion. This represents approximately one-third of the total supply.
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