Since the end of March, whales have accumulated over 500 million DOGE near 0.09, and on April 16th, they withdrew over 3 billion DOGE from Robinhood and locked it into cold wallets, almost emptying the exchange shelves. Selling pressure is drying up, buying pressure is accumulating, and once it breaks through, a short squeeze will occur.


The news is also helping. X Money's public beta in April, with market expectations that Dogecoin will become a payment option for 600 million users; Grayscale and 21Shares' DOGE spot ETFs are now live, fully opening institutional channels.
DOGE2.74%
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