Dogecoin whales recently accumulated 2 billion DOGE, but the pace of activity is showing signs of slowing. With whale buying cooling, attention is shifting toward altcoins such as MAGACOIN FINANCE, which continues to draw interest through its capped presale and bonus offers.
Dogecoin Whales Add 2 Billion DOGE in a Week
On-chain data from Santiment, highlighted by analyst Ali Martinez, revealed that Dogecoin whales accumulated around 2 billion DOGE last week, worth close to $500 million. Wallets holding between 100 million and 1 billion DOGE expanded their balances to 27.6 billion DOGE, the highest level in over a month.
This period also saw whale transactions surge above 100 transfers worth more than $1 million each, the most active day since mid-July.
The accumulation initially aligned with a rally that pushed Dogecoin’s price above $0.24 from earlier monthly lows of $0.195. However, Dogecoin was later unable to maintain the uptrend. Analysts believe that whether DOGE can push above this barrier will dictate its next move, as whales slow their buying pace.
Dogecoin Price Stalls Under $0.25 Resistance
Despite recent accumulation, Dogecoin has been unable to hold momentum above the $0.25 level. After briefly testing this zone, DOGE retraced nearly 9% in the past 24 hours to trade around $0.22.
Some like Tardigrade point to similarities with the pre-2021 rally while others warn of a dip toward $0.19. The mix of whale activity and slow price suggests uncertainty in the near term . DOGE’s ability to stay above $0.188 remains a key line for maintaining bullish outlook.
MAGACOIN FINANCE Gains Traction Among Altcoins
While Dogecoin activity cools, MAGACOIN FINANCE continues to draw attention in the altcoin space. Analysts note that presale participants could see returns as high as 14,000% in the next bull run. Access to the presale is capped, and those using the PATRIOT50X code secure an extra 50% bonus allocation. This scarcity, structured entry, and incentives have placed MAGACOIN among the most-discussed altcoins in circulation this month.
The Takeaway
Dogecoin whales caused a burst of activity, but with buying slowing, traders are turning their eyes to other opportunities. MAGACOIN FINANCE stands out by combining capped access with bonuses that continue to draw fresh capital. For investors, it is now a question of whether to wait on Dogecoin next pump or explore newer altcoin entries.
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