Whales Are Aggressively Buying DOGE, Has $0.31 Already Hit Bottom?

Recently, DOGE’s performance seems relatively quiet, after reaching a high of $0.484 on December 8th, it has been adjusting downward and has been hovering between $0.3 and $0.33 in recent days. Is DOGE’s bull market gradually disappearing? It seems that whales do not think so. On the last day of 2024, cryptocurrency analyst Ali Martinez disclosed on X that an investor spent $94 million to purchase 300 million DOGE in the last 24 hours. Could it be that for these investors with exceptional vision, $0.31 is already the bottom? One thing is beyond doubt, the long-term signal for DOGE must be optimistic.

The significant purchase of DOGE by whales indicates that they have great confidence in this asset for at least the next few months. Observers generally believe that when Trump officially takes office as President of the United States on January 20th, DOGE will have a surprising performance, and the price is likely to set a new high. Some analysts believe that by then, DOGE ETFs are likely to be officially proposed and have a good chance of being listed. Analyst Javon Marks believes that DOGE is about to rebound, with a potential increase of up to 630%, targeting a price of $2.28. Analyst Javier Santini thinks the price after the rebound will reach $4. They all believe that the current price is just a normal and healthy temporary adjustment.

For prudent investors who are optimistic about DOGE, mining DOGE is also an ideal investment method. Taking a coin price of $0.31 as an example, using the ANTMINER L9 16GH to mine, the daily revenue is about 124 DOGE, worth about $37 Using the ANTMINER L7 9.5GH  to mine, the daily revenue is about $22 The payback periods for both of these DOGE ASICs are quite ideal. In addition, these two ASICs can also obtain LTC and BEL at the same time. Some mining pools can also support the simultaneous mining of another more cryptocurrencies.

Welcome to consult our sellers for the most suitable DOGE ASIC and trading methods for you! We have a large inventory of ASIC spot/futures from brands such as ANTMINER in our warehouses in Hong Kong, Russia, and other places, supporting shipping from multiple countries, and can also cooperate with you to declare transactions at your delivery location.

Finally, BITMARS would like to remind everyone that all investments carry risks, so decisions should be made cautiously.

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