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- 🎉 Hey Gate Square friends! Non-stop perks and endless excitement—our hottest posting reward events are ongoing now! The more you post, the more you win. Don’t miss your exclusive goodies! 🚀
🆘 #Gate 2025 Semi-Year Community Gala# | Square Content Creator TOP 10
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Post your - 🚀 ETH jumped to $4,600 this morning, up 8.69% in 24h!
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In the past 24 hours, Dogecoin crypto whales have acquired 230 million DOGE coins.
According to crypto analyst Ali Martinez, there has been high activity from "whales" in the Dogecoin network over the past 24 hours, with large holders acquiring over 230 million meme coins. This occurred after the record on August 6, when crypto whales bought over 1 billion DOGE in 24 hours.
Martinez also added that Dogecoin is trading in a historically strong "buying zone," a range that has led to significant growth in past market cycles. At the time of writing, DOGE had risen by more than 8% and recently surpassed a key resistance level at $0.218.
Dogecoin managed to hold above the key support zone in the range of $0.165 to $0.202, a level that experts believe is important for maintaining the bullish trend. Over the weekend, DOGE briefly dropped to $0.19, but buyers quickly intervened and prevented a stronger decline.
This recent rebound may mark the beginning of a recovery phase. The next serious test for the meme coin is the range from $0.209 to $0.22, which has previously acted as both support and resistance. A confident move above this level, especially with increasing trading volumes, could lead to a sharp rise to the $0.28–$0.29 zone, values that have not been seen for several months.