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Dogecoin ($DOGE ) has once again become the focus of the market recently.
A large buy order worth about $14 million has led many people to turn their attention back to this “veteran” meme coin.
So what exactly happened?
On-chain data shows that a whale bought roughly 200 million DOGE in one go. Meanwhile, the DOGE price continues to hold steadily above a key support level, and market sentiment is starting to warm up.
Even more worth noting is that data from the derivatives market has also shown clear changes.
📈 Trading volume surges
📈 Open interest breaks $1 billion
📈 Market participation keeps increasing#SummerCreationCamp