Signs of easing geopolitical tensions have lifted cryptocurrencies, including Dogecoin (CRYPTO: DOGE), and whales have started loading up on the memecoin.
Whales Getting Ready For DOGE’s Leg Up?
Widely followed cryptocurrency analyst Ali Martinez highlighted in an X post on Thursday that large investors bought around 330 million DOGE tokens this week. At the prevailing prices, this amounted to $32.34 million
Exchange-traded funds rode the bullish wave, as the Grayscale Dogecoin Trust ETF (NYSE:GDOG), 21Shares Dogecoin ETF (NASDAQ:TDOG), and Bitwise Dogecoin ETF (NYSE:BWOW) attracted over $1.5 million in net inflows over the last week, per data from SoSo Value.
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President Donald Trump’s …