Dogecoin whales accumulate 600 million DOGE as price defends $0.08

Dogecoin is aiming to stabilize near $0.08 after a muted trading session, as the digital asset faces mixed signals from whale accumulation and persistent selling in the spot market. DOGE was trading at $0.07845, down 2.45% over the last 24 hours. The conflicting trends have left the market in a state of uncertainty while bulls try to hold the key support levels. DOGE has succeeded in breaking above a long-standing descending trendline that had suppressed the price since its 2024 peak.

Source: CoinTurk News