DOGE hints at 85% price rally as whale accumulation hits all-time highs
Dogecoin (DOGE), the original meme coin, has had an interesting year. While the digital asset spent most of 2024 either trading flatly or in a slight downtrend after a short move to the upside in March, the wider cryptocurrency bull market that ignited in November has seen DOGE prices skyrocket. To be fair, that is true of most of the leading cryptocurrencies — but DOGE has an additional advantage — Elon Musk’s long-term support for the coin, as well as his recent naming to the Department of Government Efficiency. By late November, Dogecoin was trading in the vicinity of 0.4188$ — at press time, the price of DOGE had receded to $0.4078, bringing year-to-date (YTD) returns to 195.71%. Picks for you If you invested $1,000 in Dogecoin at the start of 2021, you’d have this much now 9 mins ago ...